According to a Meta newsroom post updated Thursday, the Mark Zuckerberg-led company has begun its expansion of NFTs in 100 countries across Africa, Asia-Pacific, the Middle East, and the Americas. This includes the addition of support for wallet connections with Coinbase Wallet and Dapper, as well as the ability to publish minted digital collectibles on the Flow blockchain.. The initial launch is targeting the popular social networking app Instagram.
To publish the NFTs, it is enough to connect the digital wallet to Instagram, according to the company in its updated publication. Third-party wallet integrations with Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet are complete as of Thursday or to come. Supported blockchains at this time include Ethereum, Polygon, and Flow. There are no fees associated with posting or sharing a digital collectible on Instagram.
Mark Zuckerberg announced we’re rolling out digital collectibles to 100 more countries. Now, more people, creators and businesses can showcase their #NFTs on @instagram.
We’re also launching integrations with @CoinbaseWallet @hellodapper and support for @flow_blockchain.
— MetaNewsroom (@MetaNewsroom) August 4, 2022
Mark Zuckerberg has announced the rollout of digital collectibles in 100 more countries. Now more people, creators, and businesses can display their NFTs on Instagram.
Flow is a single-layer blockchain with its namesake token FLOW acting as an offering for network participation, transactions, and governance. Among Notable ecosystem partners include Warner Music, Ubisoft, National Basketball Association, Ultimate Fighting Championship, Animoca Brands, Circle, Binance, OpenSea, and now Meta.
Along with the metaverse, digital assets seem to become one of the main components of the Meta for its expansion. During the second quarter of 2022, the company’s revenue fell 1% year-over-year to $28.8 billion, while its operating income declined 32% to $8.36 billion in the same period.. The CEO, Mark Zuckerberg said he wasn’t worried about the huge $2.8 billion loss in the company’s Metaverse division, and instead had an opportunity to make “hundreds of billions” or even “billions” of dollars. as the industry matures.
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