Meta Corporation has expanded a pilot project for non-fungible token (NFT) integration with the social network Facebook.
Meta, users to “connect their digital wallet to any app” to share NFTs.
While the announcement was short on details, it’s likely that Facebook will integrate with the same blockchains and wallets as Instagram. According to the company, this will allow users to “connect their digital wallet to any app” to share NFTs.
This is Meta’s latest move to integrate with Web3 and develop its own Metaverse. Previously known as Facebook, Meta said it would develop its own Metaverse when it goes live rebranded under its new name last October.
The social networking giant said yesterday that Facebook users will now be able to connect digital wallets to share their NFTs on the platform. Meta had earlier said it would expand its Instagram NFT integration pilot to 100 countries in Africa, Asia-Pacific, the Middle East and North and South America.
Meta did not indicate whether the Facebook integration would be a pilot program or have the same scope as the Instagram program. While the statement also did not mention a pricing structure, it seems unlikely that one would be introduced if Instagram’s NFT program is any indication.