While Meta struggles to convince with its fashionable Zuckerberg metaverse, the blue thumb empire once again demonstrates that it is now playing in the big leagues when it comes to the crypto industry. New demonstration this night with the revelation of the integration of the decentralized solution Arweave to Instagram, against a backdrop of the network’s growing power on the strategic subject of NFTs.
Last night, Meta (ex-Facebook) revealed a series of information materializing a little more the Web3 shift now taken a little over a year ago by the social empire of Mark Zuckerberg. It is now official, the future of the group (and in particular of Instagram) will go through the NFTs.
If we note in particular announcements the formalization of the layer 2 solution Polygon for the creation of NFTs, support for Solana and deep integration in app d’OpenSea (we will come back to this during the day on the Journal du Coin), it is in a more discreet way that a crypto project in particular literally exploded by announcing that it would now also be part of Meta’s projects.
Thus, it is through the voice of its CEO and founder Sam Williams that we learn that the decentralized storage solution Arweave was chosen by Meta to store Instagram NFTs.
“Major announcement: Meta is now using Arweave to permanently store digital collectibles from Instagram. Instagram users can now issue digital collectibles for their posts, stored on Arweave. »
>> Find the Arweave token on Binance (commercial link) <<
AR Cryptocurrency Soars
The most observant will note a general semantic shift encouraging more and more communicators to substitute the term NFT – sometimes considered sulphurous – by that of “digital items to collect” or other “digital collectibles”…
Be that as it may, the crypto market may be experiencing a year 2022 that we will modestly qualify as “disappointing”, the market however received the information 5 out of 5, gratifying the AR token of the Arweave project an impressive +70% in recent hours.
Nothing prevents you, thanks to this information, from taking an interest in the Arweave project, while remembering that one avoids boarding a rocket in full takeoff, at the risk of having your mustache scorched. However, you can find the Arweave (AR) token on Binance, the benchmark crypto platform (commercial link).