Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram – Blockchain Bitcoin News

Meta, the company behind social media platforms Instagram, and Facebook has announced that NFT (non-fungible token) support allows cross-posting between both platforms. This digital collectible-sharing capability was made possible by Meta’s support for Web3 wallet and NFT in 100 countries over the first week.

Meta’s NFT Rollout Continues as Social Media Giant Introduces the ‘Ability to Post Digital Collectibles’

Meta Platforms, Inc. announced on August 29, 2022, that the firm is “introducing the ability to post digital collectibles” across Instagram and Facebook. Meta shared the details on Twitter, and published a May blog post that is updated regularly.

Meta posted about NFT cross-posting compatibility for Facebook and Instagram. The company received a number of replies, both from those who loved the idea as well as from mockers. One person wrote that Meta’s latest NFT cross-posting compatibility was “bullish.”

In the meantime, there were many others who mocked NFT’s announcement. One such person was told Meta: “No, I’ll just post the jpeg instead, thanks.” Another individual replied jokingly that sharing a jpeg was “more safe for sure.” A few people shared screenshotsYou can cross-post NFTs between Instagram and Facebook.

Meta’s post on Monday states:

As we continue rolling out digital collectibles on Facebook and Instagram, we’ve started giving people the ability to post digital collectibles that they own across both Facebook and Instagram. People will be able to link their digital wallets to both apps once they have completed the process. This allows them to easily share digital collectibles between each app.

Meta announced NFT support for 100 countries on August 29, and added the ability to link with third-party wallets like Metamask or Rainbow. Meta announced on August 4, that the digital collectibles feature would work with Blockchains such as Flow and Ethereum. At the time, Meta said that “there are no fees associated with posting or sharing a digital collectible” on Instagram and Facebook.

The company’s social media competitor Twitter launched non-fungible token support via Twitter Blue Labs. Users leveraging Twitter Blue Labs’ features can upload longer videos on Twitter, upload videos in 1080p quality, and leverage an NFT profile picture. Meta integrates Flow and Polygon. However, Twitter supports only static NFTs created on Ethereum’s blockchain (ERC721, EC1155).

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Blockchain, Digital Collectibles ERC1155, ERC721, Ethereum. Facebook. Flow. Instagram. Meta. Meta Platforms. Metaverse. Nasdaq. META. nft. nft. Twitter.

Meta’s cross-posting compatibility with NFT between Instagram and Facebook? What do you think? Comment below and let us know how you feel about the subject.

Jamie Redman

Jamie Redman is the News Lead for News. He also lives in Florida and works as a journalist covering financial technology. Redman is an active participant in the cryptocurrency community from 2011. Since 2011, Redman has been an active member of the cryptocurrency community. Redman is a prolific writer for News, with over 5,700 articles on the most disruptive protocols currently in development.

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