Mark Zuckerberg's company, that posted a pointy loss in its Metaverse division in Q2, unveiled its digital asset growth strategy on may May, 2022.
According to a Meta newsroom post updated on Th, the Mark Zuckerberg-led company has begun its nonfungible token (NFT) growth across one hundred countries in Africa, the Asia-Pacific, the center East and therefore the Americas. This includes adding support for wallet connections with Coinbase wallet and natty in addition as the ability to post digital collectibles minted on the Flow blockchain. The initial rollout targets the popular social media app Instagram.
One has to merely connect their digital pocketbook to Instagram to post an NFT, the corporate said in its updated post. Third-party pocketbook integrations with Rainbow, MetaMask, Trust wallet, Coinbase pocketbook and natty wallet are either complete as of Th or are returning presently. Supported blockchains at this point are Ethereum, polygonal shape and Flow. There are not any fees related to posting or sharing a digital collectible on Instagram.
Flow is a layer-1 blockchain with its somebody FLOW token acting as tender for network participation, transactions and governance. Notable system partners embrace Warner Music, Ubisoft, National Basketball Association, final Fighting Championship, Animoca Brands, Circle, Binance, OpenSea and currently Meta.
( Zhiyuan Sun, Cointelegraph, 2022 )
