Meta will create its own NFT marketplace
The new features will enable the creation, display, and sale of tokens on the company’s social media networks
21.01.2022 - 09:15
329
1 min
0
What’s new? The Financial Times reports that Meta is developing plans to incorporate NFT features into its social networks. According to the company, the new features will allow users to mint, display, and sell non-fungible tokens on Facebook and Instagram.
The Financial Times’s material
How will Meta develop in the field of NFT? Back in December, Instagram CEO Adam Mosseri stated that the company is exploring the possibility of non-fungible tokens. According to the FT’s materials, the Meta team is currently discussing the possible launch of an NFT trading platform.
The Meta Novi digital currency wallet will be a key component in these plans. It is also reported that Meta will be developing its metaverse. However, all projects are at an early stage of development right now.
Useful material?
Trends
As of January 21, the capitalization of this sector of the crypto market exceeds $519 billion
Jan 21, 2025
Market
The platform generated $9,5 million in revenue during the same time
Jan 20, 2025
Market
Shares of the Trust are designed to track the market price of XRP with fewer fees and expenses
Jan 17, 2025
Market
The asset will allow USDT to move seamlessly between different blockchains
Jan 17, 2025
Market
Earlier, the community criticized the project for its lack of transparency, which led to a sharp drop in the HYPE token price
Jan 8, 2025
Market
Rising US Treasury bond yields are negatively affecting risk assets
Jan 8, 2025