According to Statista figures, Facebook and Instagram have 2.9 billion and 1.4 billion monthly active users, respectively.
Facebook’s Meta, Instagram’s parent company, announced another step in its digital art programme. Now, all users on both platforms can link wallets and share non-fungible tokens (NFTs) in over 100 countries.
Users will be able to cross-post digital collectibles without paying any fees when the feature, which has been in testing since May, is activated.
Now, every Instagram user can share their NFTs in the United States and other 100+ nations where Instagram is available,
Meta let users post digital collectibles that they own across Facebook and Instagram in August, and announced an international expansion to countries in Africa, Asia-Pacific, the Middle East, and the Americas.
It also supported third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet, as well as Ethereum, Polygon, and Flow blockchains.
Meta’s platform was subject to a great deal of scrutiny from concerned Twitter users in April 2021 after it was reported that sensitive personal data for over half a billion Facebook users was posted on a well-trafficked hacking forum.
According to Statista figures, Facebook and Instagram have 2.9 billion and 1.4 billion monthly active users respectively.