NFTs are revolutionizing the way we think about ownership and value of digital assets, connecting artists, collectors, gamers and entrepreneurs alike.From virtual art collection to expression virtual land in the metaversenon-fungible tokens have come a long way in the last two years.
What was once considered an obscure concept is now becoming mainstream as more people realize its potential uses.Instagram joins the fray with its own tokenized marketplace There’s never been a better time to explore what virtual assets can do for you!
NFT is live on Instagram
social media giant announced In May 2022, we will introduce a non-fungible token to the platform, allowing users to create and sell their own digital artwork. This new development gives users a great opportunity to monetize their art and grow their digital presence.
The popular social media channel began testing NFTs with several US creators and collectors last May. The company recently announced the international expansion of its new feature, allowing users in 100 countries across Africa, Asia Pacific, the Middle East and the Americas to submit their digital collections.
The platform currently supports three blockchain networks including Ethereum, Polygon and Flow. With this new feature, social channels also introduced support for third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, Dapper Wallet. In particular, no fees are charged for sharing virtual tokens on the platform at this time.
If you’re a creator or digital artist and want to learn how to share and sell your NFTs on Instagram, you’re in the right place. This article will help guide you step-by-step on how to create, share and sell non-fungible tokens on popular social media channels.
Step 1 – Connect your digital wallet to Instagram
The first step is to connect your digital wallet to the platform. Digital wallets are used to store and trade digital assets such as cryptocurrency coins, tokens, and non-fungible tokens. Examples of digital wallets include MetaMask, Rainbow and Trust wallets.
Once you have selected a platform-supported digital wallet, you will need to log into your account and select the “Digital Collections” option in your settings. After the verification process, you will see a “Connect Wallet” option that allows you to connect your digital wallet.
After clicking on the “Connect Wallet” option, you will go through a few steps that the platform will inform you about. You can disconnect the wallet according to your preferences and manage your privacy settings to control who can tag you. NFT creator or owner, and additional guidelines.
You will then be able to select your preferred digital wallet and the platform will send an authorization request to your wallet. To complete the authentication, you need to confirm the request received in your wallet. Once your wallet is connected to the platform, you can share your collections in your feed.
Step 2 – Select NFTs to Post to Your Feed
After connecting your wallet to the platform, you will be able to select tokens from the collection stored in your digital wallet. First, you need to go to Settings and select Digital Collections from the menu. A page will appear listing all digital collections in the wallet. You can choose virtual tokens according to your preferences and share them on your Instagram feed.
Step 3 – Enter caption, hashtag and ownership details
The next step is to enter your virtual token details. Similar to how you enter captions and hashtags when sharing images to reels on Instagram, you need to enter captions and associated hashtags when sharing virtual tokens. The platform can also provide information about the creators of digital collections. Additionally, you can manage advanced settings to hide or show the number of likes and turn off comments.
Step 4 – Create an NFT on Instagram
According to a recent announcement, meta provides an end-to-end toolkit for creators to create their own digital collections and sell them on our platform. However, this feature is still being tested with a small group of creators in the US and will be expanded to other countries soon.
To create a non-fungible token on the platform, [+] Click on the symbol and from the options menu[デジタル コレクション]Choose. Choose an image no larger than 100MB and give it a name and description. Then select the number of tokens (up to 100) to create in one collection.
Name your collection and choose how much you’ll receive when someone buys your collection. You can add more photos if you want and hit ‘Sell’ to sell your virtual token! Or don’t sell it yet and keep it in your wallet.
Step 5 – Share the NFT on your feed
The next step is[共有]Click the option to publish the non-fungible token to the feed. Once published to the page, a checkmark will appear in the upper right corner of the image to indicate that it is non-fungible. Click on the image and a check mark will appear in the lower left corner indicating that it is a “digital collection”.
Clicking on the icon will bring up a new panel with ownership and author details. Public non-fungible tokens will have a shimmering effect on the image to prove that they are non-fungible tokens, rather than the usual images posted on social media.
Step 6 – Sell NFTs on Instagram
The ability to sell digital collections on the platform is also in testing. However, once the feature is available in your country, let’s take a look at the process so you can get your digital art ready for sale. It is important to have a business or creator account to be able to sell non-fungible tokens. Currently, only digital collections created on Instagram can be sold on the platform.
Once your NFT is ready, you can post it on the platform and choose the option to sell it. You must set up your listing and enter a selling price of up to $999.99.enter the price[完了]After selecting an option, you need to check if all the details are correct.
The next process is to select Submit for Review to have the details of your digital collections and listings submitted for review. An important step is choosing the wallet you want to receive payments from.Make sure you meet the platform requirements Community guidelines, Partner Monetization PolicyWhen Digital Collection Terms of Use.
What’s next for Instagram?
Meta and Instagram will soon focus on supporting different forms of non-fungible tokens, more blockchains, and digital wallets. NFTs are the most important aspect in the long run Web3 A vision of a social media giant. Instagram, the most popular social media platform, is expected to drive greater adoption of Web3 and non-fungible tokens.
You can expect to see more and more new features on these social media channels that help creators and influencers engage with their audiences on a deeper level and monetize their content. NFTICALLY facilitates digital collection adaptation by simplifying the launch of NFT collections.
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