Polygon Will Build NFT Platform for Instagram and Facebook

Ethereum scaling platform Polygon has partnered with Meta to create an NFT platform for its Instagram and Facebook, Polygon CEO Ryan Wyatt announced. 🚨 We're excited to share that @Meta is partnering with @0xPolygon as they make their push into web3. 🚨 Facebook is choosing Polygon due to: 🌍 Our carbon-neutral footprint ⛓️ The scale we can offer 💻 The developer ecosystem choosing to build on Polygon. $MATIC 🤝 $FB pic.twitter.com/lk7D5ixgcB — Ryan Wyatt (@Fwiz) May 9, 2022 Zuckerberg Too Reveals on the Collaboration According to a video posted by CEO Mark Zuckerberg, Meta’s NFT platform will be powered by Ethereum Layer 2 scaling solution, Polygon, and available to select creators. Zuckerberg said the social media giant will start with Instagram and then move to Facebook, with potentially some of Meta’s other products included down the line. He also mentioned creating augmented reality NFTs for Instagram stories via Spark AR, a Meta-owned augmented reality effects software. Meta will initially only give access to NFTs to a small number of creators and NFT projects, with the most notable name being Gary Vaynerchuck, who launched his Vee Friends NFTs in 2021.The post Polygon Will Build NFT Platform for Instagram and Facebook appeared first on Cryptoknowmics-Crypto News and Media Platform.