Instagram Expands Support For NFTs In 100 Countries

Words by Retail Bum

Instagram Expands Support For NFTs
Instagram Expands Support For NFTs
Instagram has expanded its support for NFTs to more than 100 countries just three months after the company began testing the feature.

The expanded support is now enabling users in Africa, Asia-Pacific, the Middle East, and the Americas to display and share their NFT collectibles on their Instagram Feed, Stories, and messages. In addition, users can attribute them to creators and collectors by tagging them once they link their digital wallet to the app.

Users can connect to a range of third-party wallets, including MetaMask, Coinbase Wallet, and Dapper Wallet, among others. Supported blockchains include Ethereum, Polygon, and Flow.

The app’s move to extend support for NFTs across the globe follows Meta CEO Mark Zuckerberg’s announcement earlier this year when he said the company is going to begin work on introducing 3D NFTs on Instagram Stories using the company’s Spark AR engine.

Instagram is far from the only social media platform that is building support for NFTs. Earlier this year, Twitter enabled premium users to start using NFT profile pictures. Meanwhile, YouTube CEO Susan Wojcicki suggested that the company might support NFTs to help creators generate money. And Reddit has launched an NFT-focused avatar marketplace where users can buy blockchain-based profile pictures for a fixed price, TechCrunch reported.

MUST READS
Shein Files for US IPO With Plans To Go Public in 2024

Shein Files for US IPO With Plans To Go Public in 2024

Fast fashion giant Shein has confidentially filed for an initial public offering (IPO) in the U.S., the latest sign of its ambitions to expand its global reach. The company’s effort to go public comes at a time when the U.S. stock market has seen a

Online Black Friday Sales Reach a Record $9.8B

Online Black Friday Sales Reach a Record $9.8B

U.S. consumers spent a record $9.8 billion online on Black Friday, up 7.5% from a year ago, with more price-conscious consumers shopping online for price comparison and to score the best deals, Adobe Analytics’ latest data shows. This year’s Black Friday shopping craze reflects consumers’

No more posts to show, explore other topics: