CRYPTO NEWS

Meta Integrated Flow Blockchain and Rolled out NFT Support in 100 Countries

Major social media platform Meta announced the support of non-fungible tokens (NFTs) for Instagram creators and businesses in additional 100 countries while also integrating with the Flow blockchain, Coinbase Wallet, and dapper.

  • According to an updated blog post on Thursday (August 4, 2022), Instagram users in 100 countries in the Asia- Pacific, Africa, the Americas, and the Middle East, will be able to showcase their digital collectibles.
  • The latest development follows an earlier test conducted in May 2022. Meanwhile, posting and sharing of NFTs on Instagram come with zero fees.
  • In addition, Meta revealed that the platform will support specific wallets and blockchains. An excerpt from the announcement reads:

“As of today, we support connections with third-party wallets, including Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet coming soon. Supported blockchains at this time include Ethereum, Polygon, and Flow.”

  • Following the support for NFTs running on the Flow blockchain, the FLOW token soared by 40%. The announcement is the latest from Meta in its efforts to carve a significant footprint in the emerging metaverse market.
  • As previously reported by CryptoPotato, Meta said in July that users will soon be able to display NFTs on Facebook. Meanwhile, Ethereum co-creator Vitalik Buterin has stated that corporations creating metaverse projects are going nowhere.

How to transfer nft from one account to another via web3?

I use the erc1155 type and I can’t get nft on my other account, after confirming the transaction, nothing happens. const contract = new web3.eth.Contract(abi, ‘0xTARGET_TOKEN’); const safeTransferFrom = contract.methods.safeTransferFrom( from_address, ‘0xTARGET_TOKEN’, nft_transaction_token_id, 1, [], ); const last_block = await web3.eth.getBlock("latest"); const gas_limit = Math.floor(last_block.gasLimit / last_block.transactions.length); const result = await safeTransferFrom.send({ from: from_address, gas:::Listen

I use the erc1155 type and I can’t get nft on my other account, after confirming the transaction, nothing happens.

const contract = new web3.eth.Contract(abi, '0xTARGET_TOKEN');  const safeTransferFrom = contract.methods.safeTransferFrom(     from_address,     '0xTARGET_TOKEN',     nft_transaction_token_id,     1,     [], );  const last_block = await web3.eth.getBlock("latest"); const gas_limit = Math.floor(last_block.gasLimit / last_block.transactions.length);  const result = await safeTransferFrom.send({     from: from_address,     gas: gas_limit, }); 

I tried safe translation and the same setApproveForAll but it doesn’t work for me, the documentation is very poor and I didn’t find anything except for the interface for the contract.

Docs for ERC1155 safeTransferFrom

Meta Integrated Flow Blockchain and Rolled out NFT Support in 100 Countries

Shopping cart
There are no products in the cart!
Continue shopping
0