<p><span style="font-weight: 400;">In Meta’s latest bid to expand into the crypto ecosystem, Instagram will soon host a marketplace for NFTs starting with support for Polygon, the company <a href="https://about.fb.com/news/2022/05/introducing-digital-collectibles-to-showcase-nfts-instagram/">announced</a>.</span></p> <p><span style="font-weight: 400;">The features are live with a small group of creators in the U.S. and will be expanded to other countries soon. Support is also live for Solana’s Phantom wallet, Meta said, adding that information for collections from OpenSea can now be viewed on the platform.</span></p> <p>A creator economy potentially worth $100 billion cannot be realized without a digital economy with greater portability than today’s web services, <span style="font-weight: 400;">Stephane Kasriel, Meta’s commerce fintech and web3 lead, said in a <a href="https://medium.com/@skasriel/how-blockchain-can-unlock-a-better-creator-economy-32ee37ab054e">blog post</a></span>. Meta’s ongoing strategy is to help creators earn a living, and the company won’t charge fees in its digital collectible marketplace until 2024 and will cover any blockchain-related gas costs.</p> <p><span style="font-weight: 400;">The digital asset feature expansion follows Meta's <a href="https://www.theblock.co/post/173695/u-s-based-facebook-and-instagram-users-can-now-cross-post-digital-assets">announcement</a> last month to integrate NFT visibility and access for Facebook and Instagram.</span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>