Meta will begin testing non-fungible tokens on Instagram this week. They will also arrive in Facebook but the date was not brought forward.
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Meta the company that encompasses Facebook, Instagram y Whatsapp and other subsidiaries, will begin testing digital collectibles and tokens no fungibles, NFT, en Instagram this week, as he reported in a post on his verified account an account is essentially a whose purpose is to track the financial activities of a specific asset/ of Facebook, CEO Mark Zuckerberg.
Says the text associated with the video:“Disfruté hablando con Tom Bilyeu sobre NFTs, web3 y el metaverso. Esta semana we started testing digital collectibles on Instagram so that creators and collectors can showcase their NFTs on their profile. Similar functionality is coming to Facebook soon, along with augmented reality NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). in Instagram Stories through Spark AR augmented Reality (AR) is an immersive experience that improves the value and usage of real-world items using computer-generated intuitive information sent through a variety of sensory modalities such as sound, touch, smell, and sight. so you can place digital digital technologies are these electronic tools that have the ability to generate, store or even process data. art in physical spaces.”
According to the information, the creators and collectors at Instagram will now be able to use NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. as profile pictures, similar to what other social networking platforms have done. like Twitter that in recent months deployed its NFT feature. However, Elon Musk, CEO of Tesla and now principal purchaser of Twitter with a majority bid, has criticized it.
To more applications
“We’re starting to build NFT not only into our metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. and Reality Labs work, but also across our entire family of applications.” Zuckerberg said in the video. “We will soon bring similar functionality to Facebook.” .
As is clear from Zuckerberg’s words, also the same function that is tested on Instagram will soon reach Facebook, but did not give an exact date. Creators will soon also be able to use augmented reality NFTs on Instagram Stories by means of Spark AR, a free studio that allows companies and private users to create their own filters.
This move will allow creators to place digital art in physical venues and spaces, according to the CEO of Meta.
The news comes after a weekend of speculation that Meta will support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. NFTs of various blockchains . CoinDesk first reported the news on Saturday, May 7, and said that the blockchains selected were Ethereum, Polygon, Solana y Flow . In this new announcement, Zuckerberg did not share details about what blockchains would be compatible.
Also, according to a thread on Twitter (now deleted), published by a representative of Meta, the company said that supported third-party wallets will be Metamask, Rainbow y TrustWallet
Sources: Facebook, Coindesk , The Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. , archivo
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