Washington [US]Nov. 3 (ANI): Meta has introduced a number of new creative tools for Facebook and Instagram creators.
The most interesting development is that Instagrammers will soon be able to create their own NFTs and sell them directly to their fans, both on and off the app, according to Mashable.
With this version, creators can access a number of tools to create, display and sell NFTs.
According to Mashable India, the platform has been testing NFTs on Facebook and Instagram since last year. However, Instagram users were not even able to view tangible things before now.
With a new ‘comprehensive toolkit’, content creators can now create NFT groups on Instagram and sell them to their friends and followers.
Although the company has been gradually expanding its marketplace services for creatures for some time, this update is Instagram’s first attempt to compete directly with established NFT markets.
According to Meta, it won’t take a portion of NFT sales until 2024, but 30 percent of revenue will be deducted to cover app store expenses. The percentage of each resale that goes to the creator may range from 5 percent to 25 percent, according to Mashable.
The new tools are currently only available to a “limited number” of creators in the US, though Meta says it aims to make them available to more people and countries “soon.” However, more popular NFT features are also being improved. For collectors, Meta includes support for the Phantom wallet and Solana blockchain.
Users will now be able to embed NFT videos in their Instagram profiles. The app also includes OpenSea information for “select groups,” according to Mashable.
According to Mashable, Meta said Facebook is expanding the use of Stars, a tool that allows creators to get paid directly from their viewers on Facebook Watch, Facebook Live and Facebook On Demand. In addition, Facebook will begin testing an automated setup for content creators, which will allow the “Like” button to automatically appear on their posts. Facebook is adding more forms of material to its Stars features, such as photos and status updates, as well as videos.
For creators who already use Stars, Facebook is bringing Stars Party to the reels! Celebrating the stars, according to Meta, is a community challenge within the Stars that, if the creator succeeds, will lead to a party.
Facebook also gives content creators more options to connect with Star recipients. Creators can set a Comments Manager filter that collects all of their stars’ comments in one place so they can respond to multiple comments at once, according to Mashable.
Reels’ new “gifts” functionality, which looks strikingly similar to a feature in TikTok, is a way for Instagram creators to earn money.
Users can send digital gifts to their favorite reel creators to express their gratitude. “Stars”, obtained with real money, are used to buy gifts. The creator receives a portion of the price after the user gives him a gift. The feature is now undergoing beta testing with a small number of creators, according to Mashable.
To put it in simple words, if you watch a puppy reel from this creator, you will be able to send a gift to your favorite pet creator with a dog theme. (Ani)
(This is an unedited, auto-generated story from the shared news feed, the staff may not have edited or edited the content of the content)
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