Backstory
Recently, Meta gave a few hand picked creators such as Gary Vee the ability to display NFTs on Instagram via their new function to post and display NFTs on a profile. This requires connecting a wallet such as metamask on your iPhone. Instagram users are largely much less exposed to NFTs than those on twitter so by integrating NFTs on instagram there are billions of new users that could be shown NFTs daily helping to make Web3 mainstream.
The New NFTs Update
As Meta continues rolling out digital collectibles on Facebook and Instagram, they’ve started giving people the ability to post digital collectibles that they own across both Facebook and Instagram. This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both.
The New Social Media Flex
As we see this feature rolled out more and more we can expect adoption to increase resulting in owning sought after NFTs to become a larger flex as time goes on. Right now not many people know what a bored ape is or how much they are worth but given sufficient exposure you can expect the brand to become widely known and a household name like Rolex or Ferrari.
Get a competitive edge with insights from industry leaders and influencers by clicking here
Follow Metaverse News anywhere we publish, Twitter & Instagram