Home » Instagram will support Ethereum, Polygon, Solana and Flow NFTs

Instagram will support Ethereum, Polygon, Solana and Flow NFTs

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Mark Zuckerberg announced it last March: the Instagram platform, which is owned by Meta, is also getting into non-fungible tokens (NFTs). And this week we learn that it will support Ethereum, Polygon, Solana and Flow blockchains.

NFTs on Instagram thanks to Ethereum, Polygon, Solana and Flow

According to a report from our fellow CoinDesk members, Instagram will therefore focus on 4 networks for the integration of non-fungible tokens (NFTs): Ethereum (ETH), Polygon (MATIC), Solana (SOL) and Flow (FLOW). It should be noted that Ethereum is currently the largest of these, but that new competitors – such as Solana – are also beginning to make their mark in the sector.

It is unclear whether Instagram will offer all of these blockchains at the launch of this feature, or whether they will be integrated in a staggered manner. Initially, the pilot will involve only a few US-based users and creators, before being opened up more widely.

Instagram is also said to be planning to integrate the most commonly used crypto wallets today, such as MetaMask. The service would be entirely free.

A small revolution for Instagram

Instagram is already a hub for creators, so the integration of NFTs could spark a new wave of interest in the sector. Users will be able to display their non-fungible tokens directly on their profiles and tag the artists who created them.

All this shows the global strategy of Meta, which had already confirmed that its Novi wallet would in the future allow the exchange of NFTs in its metaverse. On the WhatsApp side, Web3 integrations have also started. Last December, the app confirmed that it was moving into cryptocurrency payments. The arrival of the Meta behemoth in the sector is therefore something to watch closely.

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