2023-11-03 09:18:00

Arweave (AR) up 60% on Meta and Instagram Partnership, Here's What You Need to Know

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U.today
By Gamza Khanzadaev

Arweave's AR token price soared upward 60% after it was revealed that Meta is planning to integrate the project's services into Instagram. In particular, Arweave services will be used to store digital collectibles, or simply NFTs, the functionality of which has recently been added to the popular social network.

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Happy to announce that @Meta is now utilizing Arweave for the storage of their creator's digital collectibles on @instagram!

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