Meta is working to make its social networks allow users to mint and trade NFT. It may also be thinking of launching its own collectibles marketplace.
The conglomerate of social networks Meta previously Facebook is exploring new plans to enter the market an area or arena, online or offline, in which commercial dealings are conducted. for the tokens (NFTs), according to a report fromThe Financial Times.
According to two people familiar who spoke to the media outlet, the company is exploring the possibility of making it easier for the users of Facebook e Instagram create and trade NFTs within applications . The social media company is also reportedly working to allow users to display their NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. collections on their social media profiles.
Plans could also include a collectibles marketplace similar to OpenSea . If true, the developments could represent the largest show of widespread support for NFTs, as well as the social networking giant’s first major effort in the growing – but still controversial – sector.
Meta shows interest in NFTs
The plans of Meta are still “ at an early stage and could still change change — a concept relevant to cryptocurrencies that use the UTXO model — is the number of coins sent back to a user after they use their unspent outputs to initiate a transaction. “, the unnamed sources told the Financial Times. The report advanced the teams of Facebook e Instagram están “ preparando “A feature that will allow users to display their NFTs as profile pictures, as well as working on a prototype that will make it possible to mint new NFTs from the platform.
According to the publication, Meta is also discussing the possibility of “ launch a marketplace for users to buy and sell NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). “ . Two people with knowledge in the matter revealed to the media.
While the report doesn’t provide details on how far along these developments are, this isn’t the first time Meta has shown interest in NFTs. In the middle of last year, rumors swirled that Instagram was working to incorporate features related to digital collectibles. At that time, mobile developer Alessandro Paluzzi, shared on Twitter some screenshots where you could see that Instagram was working on a new feature under the label “ Collectable “
Later, in December, the CEO of the platform, Adam Mosseri, confirmed the rumors. . He advanced that one idea would be to label Instagram posts offering NFTs as “collectibles,” though he said there was no official announcement yet.
There is nothing to announce yet, but we are definitely actively exploring NFTs and how we can make them more accessible to a wider audience.
Social networks explore collectibles
Last October, when Facebook announced its change of name to Meta The network a network refers to all nodes in the operation of a blockchain at any given moment in time. giant’s CEO, Mark Zuckerberg, had already announced that his vision of the metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. includes support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for digital digital technologies are these electronic tools that have the ability to generate, store or even process data. properties or NFTs.
As reported by DiarioBitcoin at the time, the metaverse product manager for the Facebook , Vishal Shah, adelantó that the idea is that people and companies can sell physical and digital goods, as well as experiences and services in the metaverse of Facebook . The ability to support NFT could make it easier for users to maintain and demonstrate ownership within the virtual world.
More recently, the following have been unveiled other elements around the vision of metaverse company, as well as the ways it plans to make money from the business. These could include the collection of biometric data, according to reports.
Meanwhile, other renowned social media platforms are also actively exploring the collectibles-based collectibles sector. Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. . Last year, Twitter announced that it is working to incorporate a NFT function which will allow users to verify their digital assets when displaying them as a profile picture (something that has already become popular on the platform).
The platform a place to buy, sell and store cryptocurrency also previously launched a free NFT collection, an initiative that has also boosted the online forum platform, Reddit as reported byThe Verge.
- Coinbase is an American company that operates a cryptocurrency exchange platform. partners with Mastercard to enable NFT purchases via cards
- Walmart prepares to enter the metaverse and NFTs, patent applications suggest
- Metaverse, GameFi, Web3, NFT: A Brief Guide to Understanding the Concepts Shaping 2022
Article versioned by Hannah Estefania Perez / DiarioBitcoin
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