{"id":69512,"date":"2022-11-03T10:58:44","date_gmt":"2022-11-03T08:58:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69512"},"modified":"2025-09-07T20:29:09","modified_gmt":"2025-09-07T17:29:09","slug":"instagram-users-will-be-able-to-create-and-sell-nfts-on-the-polygon-blockchain","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/instagram-users-will-be-able-to-create-and-sell-nfts-on-the-polygon-blockchain\/","title":{"rendered":"Instagram users will be able to create and sell NFTs on the Polygon blockchain"},"content":{"rendered":"<p>Meta announced that users will be able to create their own NFT collections on Instagram. Initially, the option will be available on the Polygon blockchain.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Soon you\u2019ll be able to make and sell <a href=\\\"https:\/\/twitter.com\/hashtag\/NFTs?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFTs<\/a> on <a href=\\\"https:\/\/twitter.com\/instagram?ref_src=twsrc%5Etfw\\\">@instagram<\/a>, starting with <a href=\\\"https:\/\/twitter.com\/0xPolygon?ref_src=twsrc%5Etfw\\\">@0xPolygon<\/a>. You can also now connect to <a href=\\\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\\\">@solana<\/a> and Phantom wallet, and see information about <a href=\\\"https:\/\/twitter.com\/opensea?ref_src=twsrc%5Etfw\\\">@opensea<\/a> collection: <a href=\\\"https:\/\/t.co\/aH8035Tk8n\\\">https:\/\/t.co\/aH8035Tk8n<\/a> <\/p>\n<p>Comment your <a href=\\\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&#038;ref_src=twsrc%5Etfw\\\">#NFT<\/a> below \ud83d\udc47 <a href=\\\"https:\/\/t.co\/dvHau9n9Yu\\\">pic.twitter.com\/dvHau9n9Yu<\/a><\/p>\n<p>\u2014 Meta (@Meta) <a href=\\\"https:\/\/twitter.com\/Meta\/status\/1587929277864910849?ref_src=twsrc%5Etfw\\\">November 2, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The company will provide users with a comprehensive toolkit to create, showcase and sell NFTs.<\/p>\n<p>Meta tests new features with a small group of authors in the United States. The company plans to roll them out to other countries in the near term.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cFor the first time, content creators on Instagram will be able to issue and sell digital collectibles directly in the app. Slowly, and then all at once!\u201d, commented Mihailo Bjelic, co-founder of Polygon.<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Another BIG one fam! \ud83d\udcab\ud83d\udce2<\/p>\n<p>We are announcing the next big step in our collaboration with <a href=\\\"https:\/\/twitter.com\/Meta?ref_src=twsrc%5Etfw\\\">@Meta<\/a> \u2014 NFT minting on <a href=\\\"https:\/\/twitter.com\/0xPolygon?ref_src=twsrc%5Etfw\\\">@0xPolygon<\/a>!<\/p>\n<p>For the first time ever, <a href=\\\"https:\/\/twitter.com\/instagram?ref_src=twsrc%5Etfw\\\">@instagram<\/a> creators will be able to MINT and SELL digital collectibles, directly from the app!<\/p>\n<p>Slowly, then all at once! LGF! \ud83d\udd25 <a href=\\\"https:\/\/t.co\/qPe2quTMWQ\\\">pic.twitter.com\/qPe2quTMWQ<\/a><\/p>\n<p>\u2014 Mihailo Bjelic (@MihailoBjelic) <a href=\\\"https:\/\/twitter.com\/MihailoBjelic\/status\/1587936749233504257?ref_src=twsrc%5Etfw\\\">November 2, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Meta expanded the capabilities for displaying NFTs on Instagram by integrating a video format. The company also allowed listing tokens issued on the Solana network and added support for the Phantom wallet.<\/p>\n<p>Another new option is the ability to view metadata of OpenSea collections directly in the app.<\/p>\n<p>Against the backdrop of the Meta news, the Polygon (MATIC) token rose 9.5% against the market over the last 24 hours (<a href=\\\"https:\/\/www.coingecko.com\/\\\">CoinGecko<\/a>). At the time of writing, the coin was trading around $0.96.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh3.googleusercontent.com\/e8oSHaHRwD8Ra7CY-mOBR9ak3TPxGeb17I8j5OOU32v9ydvxyZmytxgmpv4i2FbD8B5Pe0ITv_ar0fEnK-T1NYHOxAvzpYa907pvG5pO3VWM0e1HVnYOrI5_Aj_M8OGIFvH3cxLiQLZA08cfiJ_-OyxjhKFpZur25GJgunehckuaBphQg74djJxl8g\\\" alt=\\\"Instagram users will be able to create and sell NFTs on the Polygon blockchain\\\"\/><figcaption>Data: CoinGecko.<\/figcaption><\/figure>\n<p>Stefan Kasriel, head of Meta&#8217;s commerce, fintech and Web3 technologies department, additionally said about integrating the Arweave platform.<\/p>\n<p>The co-founder and CEO of the project Sam Williams explained that this concerns the ability to permanently store Instagram NFTs on the blockchain.\u00a0\u00a0\u00a0\u00a0<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cUsers can now issue digital collectibles for their posts, stored on Arweave\u201d, added him.<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">\ud83d\udce3 Major announcement: <a href=\\\"https:\/\/twitter.com\/Meta?ref_src=twsrc%5Etfw\\\">@Meta<\/a> is now using Arweave to permanently store digital collectables from <a href=\\\"https:\/\/twitter.com\/instagram?ref_src=twsrc%5Etfw\\\">@Instagram<\/a>.<\/p>\n<p>Instagram users are now able to issue digital collectables for their posts, stored on Arweave.<\/p>\n<p>Some thoughts \ud83d\udc47 <a href=\\\"https:\/\/t.co\/Y0xjhDwHid\\\">pic.twitter.com\/Y0xjhDwHid<\/a><\/p>\n<p>\u2014 \ud83d\udc18\ud83d\udd17 sam.arweave.dev (@samecwilliams) <a href=\\\"https:\/\/twitter.com\/samecwilliams\/status\/1587937640342437889?ref_src=twsrc%5Etfw\\\">November 2, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The project\u2019s AR token reacted with a far more impressive rise than MATIC. In 24 hours, AR soared by 64.5%.<\/p>\n<figure class=\\\"wp-block-image is-resized\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" src=\\\"https:\/\/lh3.googleusercontent.com\/mk5SnPpKJe_9RjLu7H3OiZREYmLmFccVJWFFfug0wncQOqFfrYSDgueg2fScQoSlMGpJ4Z8VIUHC-RZvvRWixOS_dqdpX2X1pniHBUZ0nEMxUlJbzgOv0UlrX0JM5GSTxI_8-gTSn8x01VkkQ0c1MKvF52sgZqxQmq-NGm2j-sj4we_cal6OjunkCA\\\" alt=\\\"Instagram users will be able to create and sell NFTs on the Polygon blockchain\\\" width=\\\"609\\\" height=\\\"181\\\"\/><figcaption>Data: <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/arweave\\\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>In May 2022, Meta began testing <a href=\"https:\/\/forklog.com\/en\/news\/instagram-reveals-details-of-nft-support-testing\">NFT support in Instagram<\/a> for selected users in the United States. Initially, assets on the Ethereum and Polygon blockchains were available.<\/p>\n<p>In August, the company <a href=\"https:\/\/forklog.com\/en\/news\/meta-expands-nft-integration-pilot-on-instagram-to-100-more-countries\">expanded the pilot project<\/a> to 100 countries and <a href=\"https:\/\/forklog.com\/en\/news\/meta-expands-nft-integration-project-on-facebook\">began integrating<\/a> collectible tokens on Facebook.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news in our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta announced the ability to create and sell NFT collections on Instagram, initially on the Polygon blockchain.<\/p>\n","protected":false},"author":1,"featured_media":69513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Meta expands NFT features on Instagram with Polygon support.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1433,1293,1213,1264],"class_list":["post-69512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-instagram","tag-meta","tag-nft","tag-polygon-matic"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"1","short_excerpt":"Meta expands NFT features on Instagram with Polygon support.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=69512"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69512\/revisions"}],"predecessor-version":[{"id":69514,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/69512\/revisions\/69514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/69513"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=69512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=69512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=69512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}