Earlier this year, Meta unveiled new tools for creators to build businesses on Facebook and Instagram as part of its endeavor to reform its social media platforms in order to create stronger competitive advantages over TikTok and other competitors in the industry. One of the most significant features introduced is the option for creators to create their own digital collectibles on Instagram and sell them to fans, both on and off Instagram. Meta chose Polygon as its partner to launch this feature on Instagram. Accordingly, creators will have an end-to-end Instagram toolkit that can be used for the whole process, from creation, starting on the Polygon blockchain, to showcasing and selling NFTs both on and off Instagram. That way, people can also easily support their favorite creators by buying their digital collectibles directly within Instagram.

In May, a small group of U.S. creators was first selected to test the features to share NFTs that they have created or bought on Instagram. By late September, the service had been extended to 100 nations and allowed all US Facebook and Instagram users to connect their wallets, share their digital collectibles and automatically tag the creator and collector without having to pay any network fees.
Polygon voiced their views on the partnership with Meta in a tweet:
“Polygon is proud to provide a robust infrastructure for Meta to launch this ground-breaking tool.”
Meta is the latest partner joining the list of global companies such as Stripe, Robinhood that choose Polygon as their entry point into Web3. Polygon is considered one of the most eco-friendly existing blockchains. The network is home to tens of thousands of decentralized apps powered by a suite of Polygon solutions, including Aave, Uniswap and OpenSea.
Last week, Polygon shared the statuses of the first selected creators announcing that they had begun experimenting with the new tool to mint and sell their NFTs directly on Instagram.

“This move represents a remarkable milestone in the evolution of Instagram’s existing NFT functionality and a natural next step to bring Web3 to the mainstream,” said Polygon co-founder Sandeep Nailwal.
Thanks to this partnership, the native token of Polygon network, Matic, saw its price jump by more than 30% early this month. Following the FTX collapse that has affected the the whole crypto market, Matic’s price has also dropped but is still holding steady at the same level as before the partnership between Meta and Polygon was officially announced by Polygon on November 2.
TikTok, the wildly popular short-form video app, has been hit with a massive €345 million ($368 million) fine by the Irish Data Protection Commission (DPC) for failing to adequately protect children’s privacy on its platform.
China’s economy is displaying hopeful signs of recovery in August, but the real estate sector continues to struggle, posing challenges for the nation’s economic stability.
Arm, the renowned British chip designer under the SoftBank umbrella, is gearing up for a high-stakes $5 billion initial public offering (IPO). While excitement surrounds this significant move, investors are growing increasingly wary of Arm’s business ties to China, particularly amidst escalating tensions between the United States and Beijing over chip technology. Let’s dive into the complexities of Arm’s China dealings and the challenges it faces.
In an era marked by the rapid advancement of artificial intelligence (AI), the invisible hands behind the scenes, often referred to as “ghost workers,” have come into the spotlight. These are the individuals responsible for labeling data, rating responses, and performing crucial tasks that train AI algorithms.
Apple enthusiasts and tech enthusiasts alike are eagerly anticipating Apple’s annual September keynote event, where the company is set to unveil its latest iPhone lineup, including the highly anticipated iPhone 15. With the event just around the corner, here’s a sneak peek into what we can expect from Apple’s big reveal.
Tesla Inc. has long been a pioneer in the electric vehicle (EV) industry, and its innovations continue to send shockwaves through the financial world. Recent predictions by analysts at Morgan Stanley suggest that Tesla’s Dojo supercomputer could be the catalyst for a massive $500 billion surge in the company’s market value. This article delves into the details of this remarkable prediction and the potential impact of Dojo on Tesla’s future.
President Joe Biden’s 2-day visit to Vietnam starting on September 10 has been marked by his efforts to strengthen ties with Hanoi and build global stability, with a particular focus on Asia.
In the United States, the standard workday of eight hours, five days a week has become deeply ingrained in our culture. Dolly Parton even immortalized…
The ever-evolving landscape of consumer technology has seen significant shifts in 2023, with a strong focus on security and the continued adoption of hybrid work models. These trends, as highlighted in the fourth annual Deloitte Connected Consumer survey, reflect not only consumer preferences but also their impact on the workplace. As economic uncertainty persists and remote and hybrid work models gain traction, tech companies and business leaders must adapt to meet the changing needs of their employees and customers.
According to sources familiar with the matter as reported by The Wall Street Journal, China has recently implemented a ban on the use of iPhones by central government officials. This ban has been communicated to staff members through various means, such as chat groups or meetings.
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Cultural differences between the East and the West
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Vietnam received recognition in the 29th World Travel Awards in numerous categories
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Vietnamese dishes that fascinate foreigners
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First NFT vending machine in the world is now operational in New York
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The LEGO Group today began construction on a new $1 billion factory in Binh Duong, Vietnam
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