4

Instagram Begins NFTs Trials in Africa

 2 years ago
source link: https://bitcoinke.io/2022/08/instagram-begins-nfts-trials-in-africa/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
neoserver,ios ssh client

Instagram Begins NFTs Trials in Africa

The latest announcement means that users in Africa will now be able to connect their Instagram accounts to a crypto wallet and add an NFT collection to the social media service.

August 6, 2022
Paxful-ad.gif?fit=728%2C90&ssl=1
Introducing-Digital-Collectibles-to-Showcase-NFTs-on-Instagram_Header-1.jpg?w=640&ssl=1

Instagram has announced it is rolling out its ongoing trial of NFTs on Instagram to 100 countries in the world including in:

  • Middle East
  • Africa
  • Asia-Pacific, and
  • Americas

The NFT trials began in May 2022 when the platform said it was introducing the ability for select users to showcase NFT collectibles on their Instagram pages.

The latest announcement means that users in Africa will now be able to connect their Instagram accounts to a crypto wallet and add an NFT collection to the social media service.

______________________________________________________________________

SEE ALSO: The Kenya Copyright Board Issues Advisory Against Exploiting ‘Copyrighted Memes’ as NFTs

______________________________________________________________________

Some of the wallets that are supported include:

  • MetaMask
  • Rainbow
  • Trust Wallet
  • Coinbase Wallet

NFT support will only be available across select chains that includes:

  • Ethereum
  • Polygon, and

with Instagram saying ‘there no fees associated with posting or sharing a digital collectible.’

Meta, Instagram’s parent company, has said that the move is based on user feedback indicating that NFTs are being used by creators to ‘take control of their work, their relationship with their fans, and how they can monetize.’

How NFTs Will Work on Instagram

Users connect their accounts to a wallet of their choice, upon which they can select any NFT they own that they would want to share on social media.

“Once a creator or collector posts a digital collectible, it will have a shimmer effect and can display public information, such as a description of the NFT.

Posts will also be visible on their profile.”

– Instagram

On Instagram, both a creator and collector can be tagged onto the NFT.

Instagram had said that its push into NFTs was aimed at improving accesibility, lowering barriers to entry, and to increase inclusivity in the NFT space.

______________________________________________________________________

RECOMMENDED READING: How This Kenyan Solana NFT Project Raised 1,000 $SOL to Create Over 1,000 Jobs in Africa’s Largest Slum

______________________________________________________________________

Thank you for your support by helping us create content:

BTC address: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT

ERC20 Address: 0x03139524428e40E31f13909f8D994C915FB91277

SOL address: 9cC65AWFHj848kntcoyiT8av3jiRQEqyTTmBR1GvVUb

____________________________________________________________________

Follow us on Twitter for the latest posts and updates

Join and interact with our Telegram community

_____________________

Subscribe to our YouTube channel below for more updates:

_____________________________________________________________

Paxful-ad.gif?fit=728%2C90&ssl=1

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK