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Facebook supports non-fungible tokens (NFTs) with a “Digital Collectibles” tab on the author’s timeline to display your work. Metatechnical Program Manager Navdeep Singh posted a screenshot of the NFT and the author’s page on Twitter on Thursday.
A spokesman for Facebook’s parent company Meta Said TechCrunch will start with some creators in the United States on the same day that NFTs are being rolled out on Facebook in stages. Eventually, NFT creators will be able to crosspost between Facebook and another meta-property, Instagram. Instagram is also testing NFTs on the Spark AR augmented reality platform.
Start NFT on Facebook! I am excited to share what I have been working on with the world. pic.twitter.com/TaV66zRanV
Navdeep Singh (@navdeep_ua) June 29, 2022
Instagram last week expanded its NFT trial from the US to international users. The app can display NFTs created with Ethereum and polygons, and other NFTs for Solana and Flow are also planned.
According to CEO Mark Zuckerberg, Meta began testing NFTs on Instagram in May, announcing that Facebook will follow “immediately.” He added that other meta-owned apps such as WhatsApp and Facebook Messenger will eventually be able to take advantage of the NFT display feature.
Related: Meta’s Reality Labs posted a $ 2.9 billion loss: “I know it’s expensive,” Zuck says.
Facebook changed its brand name as Meta in October 2021. We’ve been trying to expand on Web3, but not all efforts have been successful. Meta has given up trying to launch Diem Stablecoin in February in response to great opposition from regulators around the world.Nonetheless, Meta filed a trademark application for the Metapay payment platform in May, and Zuckerberg publication On June 22nd, MetaPay will replace FacebookPay.
According to Zuckerberg, Meta Pay will be available on Facebook, Instagram, WhatsApp and Facebook Senger. However, a spokesperson for one company told TechCrunch that Meta said on Facebook that it “doesn’t currently offer the ability to turn digitally collectable posts into ads,” so Meta shouldn’t start selling NFTs there. is.
NFT sales will begin at the company’s MetaQuest app store, which offers apps and games for Meta’s Metaverse.
