Trending Assets
Top investors this month
Trending Assets
Top investors this month
Instagram will be supporting NFTS worldwide
"Meta CEO Mark Zuckerberg announced today that the company is beginning its international expansion of NFT support on Instagram. The expansion follows the social network’s initial NFT test launch in May. With this expansion, users and businesses in more than 100 countries in Africa, Asia-Pacific, the Middle East and the Americas will now be able to share their NFTs on Instagram. Prior to the expansion, the support was only available to select creators in the United States."

This is GREAT news and hopefully $META can turn their boat in the right direction since they've been losing public support since trying to basically re-create TikTok on IG. Immediately this makes me think of the company Showtime, and how they might want to absorb it/acquire it if they're considering going full NFT showcasing on IG. In addition to rolling out NFTs internationally, "The company also announced today that Coinbase Wallet and Dapper Wallet are now accepted as a third-party wallet compatible for use. Instagram is also expanding its supported blockchains to include Flow."

Overall, this looks like a step in the right direction and is good news for investors who are betting on the longevity of the company. Hopefully, they get their management together that way a coherent vision for the future can manifest.

TechCrunch
Meta is expanding NFT support on Instagram to 100 countries
Users and businesses in more than 100 countries in Africa, Asia-Pacific, the Middle East and the Americas will now be able to share their NFTs on Instagram.

Related
Already have an account?