Instagram and Facebook users in 100 countries can start sharing and crossposting their non-fungible tokens (NFTs) between the two platforms, Meta announced on Thursday.
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Fast facts
- Meta, the operator of the two social media platforms, said the feature is available to users in countries where NFTs are available on Instagram.
- Meta trialed digital collectibles on Instagram with a select group of creators in May before expanding to 100 countries in August.
- Meta said users can tag the collectors and creators of the digital collectibles and are not required to pay fees for posting or sharing NFTs.
- Users can unlock the feature by connecting a supported digital asset wallet to their social media accounts.
- Facebook had 2.93 billion monthly active users as of the second quarter of this year, according to Meta, while Instagram reportedly crossed the 2 billion users mark in December 2021.
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