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Meta to test NFTs on Facebook

Meta to test NFTs on Facebook

Meta the social media giant has commenced checking Polygon and Ethereum-focused non-fungible tokens (NFTs) among a chosen committee of producers on Facebook, regarding Meta’s Product Manager Navdeep Singh.

Singh posted a sequel of screenshots of the update, which encompasses a “digital collectibles” tab that willentryle Facebook accounts to indicate NFTs on their profile page.

Meta created its initial entry into NFTs by checking NFT integration on Instagram. “We’re improving our trial so more producers around the world can exhibit their NFTs on Instagram,” Meta CEO Mark Zuckerberg announced. “We’ll get thithe s aspect to Facebook directly too – beginning with a minor committee of U.S. producers – so the community can cross-post on Instagram and Facebook.”

The NFT market is encountering a downturn alongside a silence in the larger crypto market. NFT dealing amount on OpenSea in June was its shortest in 11 months, regarding Dune Analytics.

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