Fun

Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram

News Feed - 2022-08-31 01:08:21

Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram


Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3 wallet support to 100 countries during the first week of August. Meta’s NFT Rollout Continues as Social Media Giant Introduces the ‘Ability to Post Digital Collectibles’


Meta Platforms, Inc. (Nasdaq: META), announced on August 29, 2022, that the firm is “introducing the ability to post digital collectibles” across Instagram and Facebook. Meta disclosed the information on Twitter and shared a blog post published in May that gets updated on a regular basis.


When Meta tweeted about the NFT cross-posting compatibility and support for Facebook and Instagram, the company got a few replies from individuals who liked the idea and also from people who mocked the NFT concept. One person wrote that Meta’s latest NFT cross-posting compatibility was “bullish.”


Meanwhile, a number of other people mocked the NFT announcement and one such individual 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 screenshots of the ability to cross-post NFTs across 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. This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both.


The August 29 announcement follows Meta initiating NFT support to 100 countries and adding the ability to connect with third-party wallets such as Metamask and Rainbow. Meta also noted on August 4 that the digital collectibles features would support blockchains like Flow, Ethereum, and Polygon. 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. While Meta has integrated Flow and Polygon, Twitter only supports static NFTs that were created on the Ethereum blockchain (ERC721, ERC1155). Tags in this story Blockchain, Digital Collectibles, ERC1155, ERC721, Ethereum, Facebook, Flow, Instagram, Meta, Meta Platforms, Metaverse, Nasdaq: META, nft, NFT compatibility, NFT profile picture, NFTs, NFTs Twitter, Non-fungible Token, Non-fungible tokens, Polygon, static NFTs, Twitter


What do you think about Meta adding cross-posting NFT compatibility between Facebook and Instagram? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today. Veve Partners With Marvel to Drop Limited Edition NFT Covers Featuring Spider-Man, Black Panther BLOCKCHAIN | 1 day ago Yuga Labs Officially Releases IP Rights Tied to Cryptopunks, Meebits NFTs — Galaxy Digital Report Criticizes BAYC License BLOCKCHAIN | Aug 20, 2022


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBiggest Movers: FLOW up 12% on Tuesday, Hitting 5-Day High Next articleHubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher

News Feed

Mango Markets’ Eisenberg charged with possession of child porn
Prashant Jha1 hour agoMango Markets’ Eisenberg charged with possession of child pornCourt documents allege that Eisenberg possessed sexually explicit images of minors on his electronic devices, including images of prep
Nivesh Rustgi3 hours agoCurve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loansA Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the pos
Gareth Jenkinson10 hours ago3AC co-founder Kyle Davies spotted in Bali, sources claimSources claim that 3AC co-founder Kyle Davies has been based in Bali for months as he continues to evade Singaporean authorities over t
Interpol Launches Police-Focused Metaverse
Interpol Launches Police-Focused Metaverse Interpol, the International Criminal Police Organization, has announced the launch of the supposed first police metaverse experience. Thi
XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours: Token Next Pump Target for Satoshistreetbets Traders
XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours: Token Next Pump Target for Satoshistreetbets Traders In a surge reminiscent of dogecoin’s
Ernst & Young taps ZK-proofs on Ethereum to automate contracts
Brayden Lindrea6 hours agoErnst & Young taps ZK-proofs on Ethereum to automate contractsEY said it chose Ethereum instead of a private network as it is cheaper, more confidential and prevents a party from gaining a
Japanese exchange BitFlyer to acquire FTX Japan
Helen Partz1 hour agoJapanese exchange BitFlyer to acquire FTX JapanFTX Japan, a Japanese subsidiary of the collapsed FTX exchange, is preparing to return with a new owner after repaying its customers in 2023.503 Total v
Biggest Movers: AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility
Biggest Movers: AVAX Nears 2-Month High, FIL up 15% Despite Weekend Volatility Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. An
Bitwise CIO ‘excited’ for a product that gives exposure to Ethereum DeFi
Brayden Lindrea3 hours agoBitwise CIO ‘excited’ for a product that gives exposure to Ethereum DeFiBitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great
US Senator Says He’s Bullish on Bitcoin Because It’s Decentralized, Uncontrollable
US Senator Says He"s Bullish on Bitcoin Because It"s Decentralized, Uncontrollable U.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decent
Amaka Nwaokocha10 hours agoUK cryptocurrency scams jump 23%, young investors prime targets: Lloyds BankAccording to the bank, potential cryptocurrency investors usually make an average of three payments before recognizin
Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence
Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) ver