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    Among other things, Instagram will now support NFTs from Ethereum, Solana, and others

    According to Coindesk, Instagram aims to merge non-fungible tokens (NFTs) from high-profile platforms such as Solana, Ethereum Move, and Polygon. On Monday, the social networking site is expected to reveal a trial programme.

    According to the source, the site would target a select set of NFT enthusiasts in the United States. It’s unclear whether Instagram will assist NFTs from all networks during the experiment. Customers will not be charged for exhibiting their NFTs on the platform.

    The pilot comes nearly two months after Mark Zuckerberg announced that Instagram will incorporate NFTs to its platform. At the South by Southwest festival in Austin, Texas, Zuckerberg told Shark Tank’s Daymon John that Meta is “working on introducing NFTs to Instagram in the near future.”

    Instagram has also stated that conventional crypto wallets such as MetaMask would be supported. Customers must connect their wallets to the site before they can show their NFTs on their profile and demonstrate ownership, therefore this will be necessary. They’ll also be able to tag the people who made the NFTs.

    This connection is expected to increase the number of individuals who have access to NFTs, which will increase their adoption. Twitter is now the only social media network with fully integrated NFTs.

    YouTube permits its producers to explore the know-how possibilities, and Reddit had an NFT integration trial not long ago. However, with over one billion monthly active users, Instagram is introducing NFTs to a whole new group of people.

    Meta, Instagram’s parent company, has also unveiled other ambitions centred on leveraging blockchain technology. The company’s decision to rename from Facebook to Meta last year has sparked increased interest in the metaverse.

    According to rumours, the company aims to enable minting and group membership on Facebook later this year. Meta plans to develop a digital currency called Zuck Bucks, according to the report.

    However, cryptocurrency-related developments aren’t the only reason it’s been in the news recently. Meta is facing a slew of lawsuits alleging trademark infringement and failing to protect its platforms from cryptocurrency fraudsters.

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