FACEBOOK IS ALREADY ROLLING OUT THE FEATURE FOR SOME CREATORS TO TEST IT OUT!
Meta, formerly known as Facebook, has started rolling out NFTs for some American producers on its social network.
In a tweet on Wednesday, Meta Product Manager Navdeep Singh provided a preview of how NFTs will appear on the social platform. The post states that users’ Facebook profiles would feature a “digital collectibles” area where they may display their NFTs, unique blockchain tokens denoting ownership.
Users will be able to link their Facebook profiles to their bitcoin wallets. Additionally, they can convert their NFTs into Facebook posts, which may then be shared, liked, commented on, and responded to just like any other post.
Martin Bryant, a tech and media consultant, asserted that Meta’s statement “obviously intends to offer a home to Web3 folks,”. The business has recently started testing modifications to Facebook Groups that will make them “more like Discord.”
Instagram previously said that uploading or sharing NFTs on the app will automatically tag the NFT’s creator and collector and that there are no posting or sharing fees. In addition, the ability to share NFTs as augmented reality stickers will also be available to collectors.
Instagram’s CEO, Adam Mosseri, previously stated that the expansion of the creative economy is a factor in the company’s decision to introduce NFT services.
“Now, we think NFTs—the concept of owning a special digital item—is one fascinating option for a subset of producers,” Mosseri said in May.