Meta is pushing NFTs on its platforms. It started with Instagram and now it’s on Facebook .
Meta has announced the arrival of NFTs (non-fungible tokens) to Facebook .
Weeks after the global expansion of NFTs to Instagram, the company is now pursuing its goal on Facebook , allowing digital wallets to be connected to the app.
NFTs on Facebook
Meta has been testing this option for months, but with a small group of users.
Facebook, like Instagram, does not sell or store NFTs as such, but allows linking digital wallets that have them.
With the arrival in more countries, the social network is supporting third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet and the supported chains are on Ethereum, Polygon and Flow.
At the time of publication, users will also be able to sell them. For buying or selling, no extra commission will be paid to Facebook.
NFTs are here to stay?
NFTs are digital files that are minted on the blockchain, the technology behind cryptocurrencies, to give them a unique feature on the internet. Its use has supporters and opponents and it is believed that they can be used in a kind of pyramid scheme or for money laundering.
During the feature’s arrival on Instagram , Zuckerberg shared an NFT of his starring baseball card that he gave to a friend.
Last year, Twitter became the first major social platform to adopt NFTs and has also integrated bitcoin tips.