Instagram will support NFTs in over 100 countries4. August 2022
Instagram will support NFTs in over 100 countries
Lait Meta – CEO Mark Zuckerberg will support Instagram NTFs in 100 countries
Background: Meta had expanded Instagram’s support for NFTs beyond the initial NFT test launch in May.
In detail, this means that users can use Instagram to share NFTs, which can be assigned to a creator and a collector with an automatic tag. NFTs can be shared via Instagram messages, Stories, or via the user’s Instagram feed.
Meta noted that there would be no charge for sharing or posting digital collectibles on Instagram. The new functionality is part of a broader effort. This includes expanding Web3 access and supporting creators looking to build communities and monetize their work.
Also, according to Meta, Instagram will be compatible with third-party wallets Dapper Wallet and Coinbase Wallet.