Meta’s Facebook and Instagram recently announced support for NFTs, including those built on the Polygon (MATIC) and Solana (SOL) networks. Thanks to the ongoing bear market also, means that now is a great opportunity for those looking to invest long-term into cryptos that have a major focus and support for NFTs, such as Mushe Token (XMU).
Polygon (MATIC) NFTs Will Join Facebook and Instagram First, Along With Ethereum
When Facebook and Instagram add support for non-fungible tokens (NFTs), users will be able to share NFTs with friends and family by connecting their crypto wallets to their accounts. NFTs on the Ethereum and Polygon (MATIC) networks will be the first two out of a total of five to be supported by the social media platforms.
The Polygon (MATIC) network is a side-chain built on the Ethereum platform. It is a layer 2 solution which means that the speed of transactions on the network is lightning fast whilst mitigating unnecessary transaction fees.
Polygon (MATIC) is also featured on OpenSea which is built on the same blockchain network and is, by far, the largest of all the NFT marketplaces and the first. OpenSea does support NFTs created on the Polygon (MATIC) network and its success has been driven by its compatibility, as it also supports NFTs from various networks including Ethereum and Klaytn.
Solana (SOL) NFTs Will Also Be Added to Meta’s Social Networks Later
NFTs on Solana (SOL) will be among the second cohort of NFTs to be added to Facebook and Instagram, along with NFTs on the Flow blockchain.
Solana (SOL) is the utility token for Solana which is a blockchain network upon which smart contracts can be deployed. This means that, like on Ethereum, talented developers can build tokens. Benefits of Solana (SOL) include low transaction fees and high-speed performance, partially thanks to the proof-of-stake consensus algorithm.
NFTs created on Solana can also be traded on OpenSea.
Mushe Token (XMU) Supports Interoperability and NFT Trading on Social Media
Mushe Token (XMU) will not be among the likes of Polygon (MATIC) and Solana (SOL) in joining Facebook or Instagram as it has not yet launched. The project is currently in the presale stage and offers a great opportunity for a long-term return on investment for early adopters who can get involved at a fraction of the value Mushe Token (XMU) has the potential to reach on secondary markets.
The token can be used in the MusheVerse, a Metaverse that will incorporate all of the products from the Mushe Token (XMU) ecosystem. These include Mushe Chat, a social media application where users can send and receive messages from family and friends with full end-to-end encryption. Users can connect their Mushe Wallet crypto wallets to Mushe Chat also for NFT sharing.
NFTs can be created and sold on the Mushe Token (XMU) NFT marketplace, and the team behind the project will be releasing its series of NFT collectables soon.
The presale for Mushe Token (XMU) is ongoing and the first stage is now live.
Find out more:
Presale: https://portal.mushe.world/sign-up
Website: https://mushe.world/
Telegram: https://t.me/musheworldXMU
Twitter: https://twitter.com/Mushe_World
Instagram: https://www.instagram.com/mushe_world/
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