Facebook users in the United States now have the possibility to connect a wallet to the social network, in order to share their non-fungible tokens (NFTs). This new feature comes after Instagram, which had deployed similar services earlier in August in about 100 countries.
NFTs arrive on the social network Facebook
A few weeks ago, Meta announced the arrival of non-fungible tokens (NFTs) on Instagram, it is now Facebook’s turn. Indeed, as announced by Mark Zuckerberg’s company, it is now possible to share the NFTs in our possession directly on the social network.
However, this deployment is not yet active on the entire surface of the globe. While the possibility of posting its NFTs on Instagram was tested in a hundred countries, outside Europe, this new feature on Facebook is, for the moment, reserved only for the United States.
No indication has been revealed about the date of the extension of these services to the European area. To access these new features, users will have to connect their wallet to the platform in order to prove the possession of assets.
The issue of personal data
Of course, Meta is not particularly known for its transparency towards its use of our personal data. For example, we may not want the group or our relatives to know our primary address.
People who plan to sell their NFT creations would have to deploy them from a blank address. This is a perfectly legitimate privacy choice, but it may be a little more complex to implement since the Tornado Cash case.
Meta’s Web3 transition gets off to a mixed start
While the association of Meta and Web3 in the same sentence is debatable, the fact is that the company is increasingly turning to blockchain technologies.
However, the group’s start in this ecosystem is probably not as successful as hoped. While the metaverse division posted a $2.81 billion loss last quarter, Horizon Worlds’ virtual world has recently been the laughing stock of social networks due to its poor graphics.
However, Mark Zuckerberg was quick to respond to the situation:
“Major updates on Horizon and avatar graphics are coming soon. […] I know the photo I posted earlier this week was pretty basic, it was taken very quickly to celebrate a launch. Horizon’s graphics are capable of much more, even on headsets, and Horizon is improving very quickly.”
Of course, you also have to give the technology time to build. It is indeed a technical challenge to create a virtual reality world with realistic visuals that can accommodate millions, if not billions of users. All the integration of the technologies of our ecosystem in everyday life will be done step by step.
