Home DeFi & NFT Instagram Gearing up to Support NFTs on Ethereum Polygon Solana and Flow

Instagram Gearing up to Support NFTs on Ethereum Polygon Solana and Flow

Instagram Gearing up to Support NFTs on Ethereum Polygon Solana and Flow

Instagram will soon be supporting NFTs on Ethereum, Polygon, Solana, and Flow.  Further, the users of Instagram will not be charged for show casing their NFTs on the platform.  This is set to be a pilot program for NFTs on Instagram. Further Instagram is also set to support cryptocurrency wallets like Metamask.

Ethereum, Polygon, Solana, and Flow are the networks which host majority of the digital collectibles. Whether NFTs from all the four networks will be supported at the time of launch is unclear.  The pilot is set to feature a small group of NFT lovers.

Since Instagram will be supporting Metamask the most widely used cryptocurrency wallet, plugging these wallets will make it possible for users to prove NFT ownership.  Thus, users can show case the NFTs in their profiles and tag the creators who have created them. Will minting and group membership be enabled on Facebook? And more of details are yet to be discovered.

Ethereum is by far the most popular blockchain on which NFTs are stationed. The metadata of the token is publicly verifiable along with the transaction history.  The transaction details are immutable.

The very well known NFT projects on Ethereum are Axie infinity, Decentraland, Cryptopunks, Gods unchained, The Sandbox, NBA Topshot, Bored Ape Yacht Club, Remarkable Women, Cyber Cosmos World, and Crypto Kitties.

The 15 top NFT Marketplaces on Polygon Matic are Opensea, NFTically, PlaydApp, Aavegotchi, MegaCryptoPolis 3D, NFTTrade, AirNFT, Neon District, Rarible, Refinable, ZestyMarket, Treasureland, Coinvise, tofuNFT, Venly Market

The 15 Best Solana NFT projects are Okay Bears, De Gods, Cets on Creck, Degenerate Ape Academy, Galactic Gecko Space Garage, Shadowy Super Coder, Solana Monkey Business, SolPunks, Thug Birdz, Degen Dojo, Frakt, Portals, Solsteads, Infinity Labs, and Aurory.

The Top 15 Flow Blockchain NFT projects are NBA Top Shot, NFL All Day, Ballerz, UFC Strike, Matrix World, Evolution (Ben Mauro), Chain Monsters, Flunks, Misa.art, Flovatar, Hoodlums, RCRDSHP, Starly, Zeedz, nWayplay and more.

Increasing numbers of investors are looking to capitalize on NFTs and there are no signs of these stopping with exciting NFTs making it to the market. There are no clear details about the NFT capabilities on Instagram, but the app is sure to roll out soon.  The ability to bring some of your NFTs will soon be possible and even minting capabilities on the long run.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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