Mark Zuckerberg announces several new updates for Facebook and Instagram on his social media accounts.

June 22, 2022

Facebook is expanding its test so more creators around the world can display their NFTs on Instagram.

NFT will soon be available on Facebook as well.

They are rolling out more ways for creators to make money on Facebook and Instagram.

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Facebook announced it will continue to keep the paid online events, fan subscriptions and badges for creators in effect until 2024.

The largest social media company is also trialling a space on Instagram where content producers may be found and compensated for their work.

Facebook Stars, the virtual goods that let supporters show their support for their preferred creators, were also introduced by Meta.

In the first quarter of 2022, the social media company's metaverse segment recorded a $2.9 billion deficit.