Instagram introduces NFT sharing feature, AR stickers, supports Ethereum, Polygon, Flow, Solana

On May 11th, Instagram announced its latest progress in adopting NFTs, stating that it is currently testing NFT sharing features and also hinting at supporting NFTs on multiple blockchains. Source

Instagram's NFT Sharing Feature

Instagram has announced that users will be able to link their digital wallets to select which NFT collections to share. Security measures will be in place to ensure the safety of the wallets.

From the released images, users can see the NFT collections in their linked wallets, including the series name and collection title. Users can share their collections, and the system will automatically tag the NFT author. In the shared NFT images, there is also a verification mark-like icon at the top right corner.

Instagram also emphasizes that there will be no fees charged for these actions of releasing and sharing NFTs.

Support for Multiple Chains and Wallets

Instagram states that they support blockchains such as Ethereum, Polygon, with plans for Flow and Solana in the future. As for wallets, they support Rainbow, MetaMask, TrustWallet, and will also include Coinbase Wallet, Dapper Flow wallet, and Phantom Solana wallet in the future.

Instagram recommends a group of creators and collectors: @adambombsquad, @bluethegreat, @bossbeautiesnft, @c.syresmith, @cynthiaerivo, @garyvee, @jenstark, @justmaiko, @maliha_z_art, @misshattan, @nopattern, @oseanworld, @paigebueckers, @phiawilson, @swopes, @yungjake.

NFT AR Stickers for Sharing in Stories

Instagram also announced that there will be digital collectibles on Facebook that can be turned into AR stickers for sharing in Instagram Stories.

Expansion of Instagram's NFT Features to More Countries on 8/4 Update

Since sharing its NFT features in May, Instagram's parent company Meta released further information yesterday, stating that they will expand this feature to over a hundred countries, including Africa, Asia Pacific, the Middle East, and the Americas.

They also announced support for third-party wallets, including Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Flow's Dapper Wallet. Currently, NFTs eligible for sharing or publishing must be on Ethereum, Polygon, or Flow, and no fees will be charged for using these features.

Following this announcement, the price of FLOW surged. According to CoinGecko's data, there was a 24-hour increase of 36.5%.

If the feature is available in your region, you can find Digital Collectibles in your profile settings, link your wallet, and start using the related features after signing.

Facebook Also Introduces Digital Collectibles Feature on 8/30 Update

In addition to Instagram, Meta announced yesterday that Facebook will also support digital collectibles, allowing users to showcase their held NFTs by linking the wallets mentioned earlier.