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.
In this article, we will learn about the startup stories of Jack Ma, the founder of Alibaba Group, one of the most influential entrepreneurs of our time. #techbiz #jackma #alibaba #tabao #startupstories #startup #business #technology #entrepreneur #entrepreneurship
After a year of uncertainty and rumors surrounding his whereabouts, Alibaba founder Jack Ma has returned to China.
The latest announcement by Twitter CEO Elon Musk about changes to the verification system has left many users confused and concerned. #twitter #techbiz #technology #business #bluecheckmark
The Tiktok Congressional hearing has sparked a firestorm of contrasting viewpoints on the perspectives of the two sides. Many Americans voiced disappointment and frustration over the lawmakers’ arguments and questions, which revealed their ignorance of technology, social media, and Tiktok, making their speech a laughing stock for viewers.
Dozens of American companies are in Vietnam this week to explore local investment opportunities in one of the fastest-growing economies in the world.
GSM, a subsidiary of Vingroup’s electric vehicle leasing company, has invested in Be Group to bring Vinfast electric cars and motorbikes into their transportation services.
Every year, the Spanish city of Valencia becomes a hub of excitement and activity as it celebrates one of the most unique and spectacular festivals in the world: Las Fallas.
Silicon Valley Bank is a technology-focused bank that was founded in the United States in 1983 to provide financial services to startups and other technology companies.
From being rejected on Shark Tank to becoming a guest Shark and eventually selling his company, Ring, for over a billion dollars to Amazon, Siminoff’s journey is nothing short of inspiring.
Amazon’s CEO Andy Jassy has just announced in a memo to staff that Amazon is set to lay off an additional 9,000 employees in the coming weeks.
-
Cultural differences between the East and the West
-
Vietnam received recognition in the 29th World Travel Awards in numerous categories
-
Vietnamese dishes that fascinate foreigners
-
First NFT vending machine in the world is now operational in New York
-
The LEGO Group today began construction on a new $1 billion factory in Binh Duong, Vietnam
-
19 DeFi Startups To Watch

Phygital: The Future of Retail and How Brands Are Embracing It

A Mexican Company turns Avocado Pits into Sustainable Biodegradable Plastic

Phygital: The Future of Retail and How Brands Are Embracing It

A Mexican Company turns Avocado Pits into Sustainable Biodegradable Plastic

Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition

Vietnamese cuisine recognized by international chefs and media as one of the healthiest cuisines in the world

Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition

Hong Kong Airlines Offers Free Round-Trip Economy Fare in Click & Go Promotion

52 US firms, including corporate giants Boeing and Netflix are in the biggest business mission to Vietnam

The Collapse of Silicon Valley Bank: Lessons Learned and Risks Highlighted in the Current Financial System

Talks with Leaders, Ep8: 1st AI Doctor Assistant in Vietnam provides 90+% correct diagnosis within 5s

Talks with Leaders, Special episode: Blockchain meets Metaverse, featuring business leaders, investors, tech experts and global influencers

Appointing AI Robot as CEO, a Chinese company’s Share Price Increases by 10%

Jack Ma’s inspiring startup stories and lessons learned: How to overcome the toughest challenges!

Valentino Joins the Metaverse: An Exciting Partnership with UNXD

Most popular technical terms in Crypto you should know about

Most popular technical terms in Crypto you should know about

Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition

A Mexican Company turns Avocado Pits into Sustainable Biodegradable Plastic

Jack Ma’s inspiring startup stories and lessons learned: How to overcome the toughest challenges!

TikTok faces increasing government scrutiny and bans around the world

Phygital: The Future of Retail and How Brands Are Embracing It

Valencia Fallas: A Spectacular Celebration of Art, Fire, and Tradition

Vietnamese cuisine recognized by international chefs and media as one of the healthiest cuisines in the world

52 US firms, including corporate giants Boeing and Netflix are in the biggest business mission to Vietnam
