Investing.com UK - Financial Markets Worldwide
💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Consolation Prize? BAYC NFTs Are Down 50% From Peak, But Owners Can Now Display Them On Facebook, Instagram

Published 29/08/2022, 19:38
© Reuters. Consolation Prize? BAYC NFTs Are Down 50% From Peak, But Owners Can Now Display Them On Facebook, Instagram
META
-
M1TA34
-

The Mark Zuckerberg-led Meta Platforms Inc (NASDAQ: META) continues to make its push into the metaverse by making its two flagship products, Facebook (NASDAQ:META) and Instagram, a place where users can share and post digital collectibles they own.

What happened: On Monday, Meta announced the launch of digital collectibles on its two leading platforms. Benzinga previously reported that NFT (non-fungible token) owners in more than 100 countries can share their digital commodities on both platforms by connecting their digital wallets to either one.

“As we continue rolling out digital collectibles on Facebook and Instagram, we’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,” Meta’s update said.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.