Facebook is getting a new ‘Digital Collectibles’ tab where creators will be able to showcase their non-fungible tokens (NFTs). This NFT-focused feature is gradually rolling out to Facebook and will begin to be available to select creators based in the US. Last month, Instagram also said that it has started testing the NFT-display feature. Once the option for both the meta-owned social networking apps is widely activated, creators will be able to cross-post their work on the Facebook app, as well as the Instagram app thus reaching more potential buyers.
Navdeep Singh, Technical Program Manager at META announces the development Twitter,
Backed on Blockchain Network, NFTs are digital assets Inspired by a wide range of things including people, pictures, foods, cartoons and even game characters.
in May, instagram said that it will soon start supporting NFTs built on four blockchains – Ethereum, Polygon, Solana and Flow,
this year, Meta Chief Mark Zuckerberg It has spoken many times about integrating NFT-centric services into the social networking apps under its control.
Without going into details, the tech mogul said in March that instagram Users will “hopefully” get to shield their own NFTs on the app in the coming months.
For now, meta-owned WhatsApp hasn’t made it to the list of apps that are ready for NFT Twist. With Meta moving towards expansion web3 It will not take much time for the NFT-related update to be released on the instant messaging app.
The company is looking for ways to increase interoperability between its apps.
Last week, Meta launched its own wallet service as a universal payment mode that can be used in the physical as well as in the virtual world of the Metaverse.
The name of this wallet service is meta pay, which is essentially an evolution of Facebook Pay. Using MetaPay will open up access to a wide range of digital goods across various Metaverse-supporting platforms.
Big bet on the Metaverse, Mark Zuckerberg rebrand In October last year, his social networking was from Facebook to Meta.