News05 August

100 more countries will have available NFT on Instagram


 If you recall, they've been testing this feature since July. And previously, the feature of adding NFT collections and showing them on your profile was available to a limited number of lucky people in the US. 

To flex with your NFTs, all you need to do is connect a hot wallet. Among the list of supported networks: are Ethereum, Flow and lately hyped Polygon.

It's funny that Facebook rebranded itself as Meta after several user data scandals. Along with the name and the vector of development that has changed, we will see what their metaverse will show, which, incidentally, was not entirely flattering to Vitalik Buterin.

According to the latest earnings report, the company lost $2.8 billion on its Reality Labs division in the second quarter, falling short of analysts' overall expectations.


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