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Facebook and Instagram to let users connect their crypto wallets

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Facebook and Instagram to let users connect their crypto wallets

Meta’s Facebook and Instagram will let users in the United States connect their wallets and share their NFT with their friends and followers as of right now on social media platforms.

An official release states that the update would also enable users of Facebook and Instagram to cross-post using their digital assets. 

The announcement says,

“Today we’re announcing everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectibles. This includes the ability for people to cross-post digital collectibles that they own across both Facebook and Instagram. Additionally, everyone in the 100 countries where digital collectibles are available on Instagram can now access the feature.”

The corporation founded by Mark Zuckerberg has been heavily investing in the cryptocurrency and metaverse industries. As evidenced by the statement, Meta first made known its NFT capabilities for Facebook and Instagram in May 2022.

The business praised the “great opportunity” that blockchain technology provides for producers at the time. Without the help of intermediaries, these people can use NFTs and other crypto-based technologies to offer distinctive experiences, connect with their audiences, and make a direct profit from their labor.

The business has now made it possible for Instagram creators to post their NFTs. The features appear to be popular and may become more so when Meta expands them to additional platforms.

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