Meta begins to test NFT profile pictures on Ethereum and polygon for a few creators in the US.
Take Away Points
- A few Meta creators will be allowed to test NFT profile pictures on Ethereum and polygon
- Users can test the NFT profile pictures, and cross-post on Facebook and Instagram without paying.
- This according to Meta is to help their users make money while doing what they love
The importance of the NFT profile pictures test
Meta formerly known as Facebook begins testing NFT profile pictures on Ethereum and Polygon for a few US creators. This will enable the users to post their digital collectibles on Facebook according to the post.
Mark Zuckerberg, CEO of Meta, while making the statement said he wants Meta to be one of the social media platforms where people can make more money by doing the work they enjoy doing.
“Rolling out more ways for creators to make more money on Facebook and Instagram and sharing updates that will help creators build for the metaverse. We’re heading towards a future where more people can do creative work they enjoy, and I want platforms like ours to play a role in making that happen”, He said.
Where the NFTs were First Launched
The NFTs were first launched on Instagram in May, allowing a few Us creators to be able to post or share their digital collectibles, connect to their digital wallets, and automatically tag the creator and collector on Instagram without payment.
NFTs (Non-Fungible Tokens) are digital data or files such as videos, photos, and audio stored on the Blockchain and are transferable and tradable by interested parties.
NFTs have become an integral part of the metaverse ecosystem. Many Brands like Cocacola, Louis Vuitton, and Lamborghini have also launched their NFTs.
On Sept. 29, 2022, Meta announced in their blog the beginning of cross-posting digital collectibles for users in the US. According to Meta, users in the 100 countries where digital collectibles are available on Facebook and Instagram can now share digital collectibles.
“Today we’re announcing everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectibles. This includes the ability for people to cross-post digital collectibles that they own across both Facebook and Instagram,” said Meta.
Meta began expanding internationally to 100 countries across Africa, Asia-Pacific, the Middle East, and the Americas. They announced it on Aug. 4, 2022, saying they now also support wallet connections with Coinbase wallet and Dapper, as well as third-party wallets like Rainbow, MetaMask, and Trust Wallet.
“Today we’re starting international expansion to 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas. Additionally, we now support wallet connections with the Coinbase wallet and Dapper, as well as the ability to post digital collectibles minted on the Flow blockchain.” They said.
On Aug. 29, Meta said, “We’ve started giving people the ability to post digital collectibles that they own across both Facebook and Instagram.”