Instagram Adds Flow Blockchain NFTs, FLOW Token Increases by 44%

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Last Updated on August 6, 2022 by Bitfinsider

Instagram’s NFT initiative is being expanded internationally to more than 100 countries, according to parent company Meta, and it is also adding support for NFTs created on the Flow blockchain.

Instagram’s growing integration allows collectors to display their verified Flow NFTs on their Meta account. The initiative began in May with a limited number of users in the United States and has since expanded to include countries in Asia, Africa, and the Middle East.

Users can use the feature to connect a supported crypto wallet to prove ownership of NFT collectibles and choose which ones to display, with the owner and original creator automatically attributed alongside the asset.

An NFT is a blockchain token that functions as a deed of ownership for digital goods such as profile pictures, artwork, collectibles, and video game items. The NFT market rose to prominence in 2021, with a trading volume of $25 billion. Already in 2022, the market has generated sales in excess of $20 billion.

The parent company of Instagram and Facebook, Meta, changed its name last fall (from Facebook Inc.) as it revealed its grand vision for a next-generation internet that is navigated with avatars in immersive 3D spaces.

Blockchain networks and NFTs are expected to be part of an open, interoperable metaverse, and many cryptocurrency developers are working on the technology to make that vision a reality. Mark Zuckerberg, the founder and CEO of Meta, has hinted that he is interested in enabling interoperable assets as part of his platform, but Meta has yet to specify how open its metaverse will be.


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Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.


Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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