Instagram has now expanded its NFT roll out, which was earlier present in the United States, to include creators from over 100 countries across Africa, Asia-Pacific, the Middle East, and the Americas.
As per a blogpost by Meta, the social media platform will now support wallet connections with Coinbase Wallet and Dapper and will add the ability to post digital collectibles minted on the Flow blockchain.
The blogpost also mentions that some of the supported blockchains at this time are Ethereum, Polygon and Flow.
Keeping in mind the privacy settings on Instagram, the creator and the collector of the NFT will automatically be attributed in the digital collectible post, as per Meta.
The blogpost further stated that in order to post an NFT under an individual profile, all one needs to do is connect their digital wallet to Instagram. Also, the social media platform will not charge any fees on posting or sharing a digital artwork on the user profile, as per the blogpost.
Moreover, when one posts a digital artwork on Instagram, the post will receive a special visual treatment and will display public information such as the description of the NFT, Meta stated.
Earlier, Mark Zuckerberg, CEO, Meta in a Facebook post mentioned that the reason behind Instagram testing the NFT rollout on its platform was to allow creators and collectors to display their NFTs on their profiles.
Zuckerberg also stated that this functionality will soon come to Facebook as well. Also, one will be able to place digital NFTs into physical spaces through augmented reality NFTs on Instagram Stories using Spark AR.
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