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NFT News

Meta’s Instagram Expands NFT Platform to 100 Countries

Meta has introduced a ‘NFTeach Me’ series to help educate broad audiences about this feature.

Written By Stuti Mansata
Published August 5, 2022 7:19 AM
Make The Crypto Times preferred on GoogleGoogle
Meta’s Instagram Expands NFT Platform to 100 Countries

According to Meta, Instagram’s NFT platform is expanding to 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas.

FYI — This feature is coming to 100 additional countries 🌏 so more collectors, creators and businesses can share NFTs from around the world 🤩

— Instagram (@instagram) August 4, 2022

“This new technology provides us with another outlet to make a living and to connect with our fans and collectors. Instagram has helped build careers for so many creatives, including myself, and now our communities can support us further by sharing our work on the platform,” said Natalie Amrossi, an aerial and street photographer.

To post ‘digital collectibles’ on their feed, a person only needs to connect their digital wallet to Instagram. The platform currently supports Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet. 

The announcement also said that Meta is working to make this space diverse, safe and sustainable. Diverse artists can gain exposure and monetize their work outside of traditional channels using this platform. 

Certain tools are provided by the platform to help people keep their accounts secure. Meta will also purchase renewable energy to help reduce the emissions impact that might be associated with the display of digital collectibles on Instagram.

Lastly, Meta has introduced a ‘NFTeach Me’ series to help educate broad audiences about this feature.

In May, Instagram announced the pilot project for this feature which supported a small group of US based NFT aficionados.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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