Meta reportedly rolled out facilitating features for Facebook and Instagram users to post nonfungible tokens (NFTs) and digital collectibles to their accounts via connecting their wallets.

Specifically,Facebook’s parent firm Meta reportedly disclosed that the current 2.9 billion users of the social media platform would be able ti tap into the feature to share digital collectibles and NFTs. 

The announcement was issued after a previous Aug. 4 update where Meta claimed that Instagram users throughout 100 nations could post digital collectibles minted on the Flow blockchain or from wallets with functionality supporting the Ethereum or Polygon blockchains, to their accounts, estimated to be between 1 billion and 2 billion users as of Q2 of 2022.

“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.”

Linking digital wallets to either Facebook or Instagram seems to face limitations to the apps instead of via third-party browsers. 

Nonetheless, widening the scope of NFTs into each and every smartphone with one of Meta’s apps installed could lead to extra earnings or adoption for the social media heavyweight. 

In May, Meta also submitting the filings for applications with the United States Patent and Trademark Office regarding its namesake to be featured in a crypto payments platform dubbed “Meta Pay”.

Despite Meta’s decision to forsake introducing its self-developed stablecoin in February following received pushback from regulators throughout the globe, CEO Mark Zuckerberg revealed that there was a “massive opportunity” to make up to trillions of dollars in the digital asset sphere along with its development. 

The firm reported a 1% plummet in annual revenue in the second quarter of 2022.