Facebook and Yaar Pyaar Gaddar (2024) EP 5-7 Hindi Web SeriesInstagram might start letting users create, buy, and sell non-fungible tokens (NFTs), a new report claims.
According to the Financial Times, Meta's social media companies are exploring the idea at the moment, however it's still at an early stage and might change. The plans sound fairly ambitious, though: Users will be able to mint (or create) new NFTs, as well as buy and sell them on a specialized marketplace, and display the NFTs as their profile pictures.
The FT's report has no details on how far along these plans are, or when these features might launch.
NFTs are a massive internet craze right now. For a more detailed explanation of what they are, go here but, in short, they're a type of cryptocurrency where each unit is unique from every other unit. In a way, they're somewhat akin to digital collectible cards, and while the art they're typically associated with is easily copied (i.e., right-click and save), the ownership of the original NFT is near-impossible to dispute.
Like so many blockchain-related things, a lot of money is changing hands in the space at the moment, with some NFTs valued in the millions of dollars.
SEE ALSO: Make sense of the metaverse and NFTs with this guide to 2022 techAs such, it makes sense for Meta to try to capitalize on the interest in NFTs by integrating them into its properties. Facebook has recently announced a major investment into the metaverse, which it mostly defines in terms of virtual and augmented reality. Facebook head of metaverse products Vishal Shah has said the company's metaverse will support NFTs, and Instagram head Adam Mosseri said in December that the company is actively exploring NFTs.
The news comes just days after a report that Walmart is preparing to launch its own NFT collection, and other major brands such as Nike and Coca-Cola have already dipped their toes in the space as well.
We've contacted Facebook for comment on the Financial Times'report but have not yet heard back at the time of writing.
Topics Cryptocurrency
The Biggest Tech Fails of the Last Decade
11 gifts for fancy dogs with weirdly human names
Please don't wear a Trump
'Contactless fingerprinting' will soon let the police scan your prints with a smartphone
Harrison Ford isn't a fan of the Trump administration's climate agenda
Save time with the 10 best Siri Shortcuts
Why 'Which is your favorite Harry Potter book and why?' is the perfect dating app opener
Do you have to pay for Microsoft's Defender Antivirus?
Colman Domingo’s Craigslist love story with husband Raúl has the internet swooning
I want to have karaoke night with these syrup containers from IHOP
The Biggest Tech Fails of the Last Decade
Bitcoin continues to plummet, dropping below $20K
15 best musicals on Netflix that will dazzle and delight you
YouTube promises creators more transparency and expanded features
MacBook Air reviews: 4 features critics loved, 4 they didn’t
Politicians are trolling to win the midterms. Some of it is ... good.
Do you have to pay for Microsoft's Defender Antivirus?
Massive 15
The Dark Web: What is It and How To Access It
Ken M and the lost art of 'do no harm' trolling
Scientists may have found a way to create universal bloodPaul Manafort guilty: The internet reacts with a satisfied smirkAsking people to Google their questions about LGBTQ people is riskyNewt and Callista Gingrich are our newest Facetune victimsPolice radio and ambient music is an oddly calming combinationAtlanta Apple Store workers will vote on whether to unionizeMeta Store retail workers will be 'vendors,' not Meta employeesResults from Logan Paul vs. KSI and Jake Paul vs. Deji boxing matchThis woman was 'upskirted' at a music festival. Her campaign is changing the law.The Obamas are severing their exclusive deal with SpotifyMeet Bacon, the newest concernedHow to mute or unmute an account on InstagramEnquirer wants you to know that they are not the National EnquirerBruno, the quirky, very highNo, the Valkyrie from 'The Northman' isn't wearing bracesWhen Native American spirituality shows up on social media, ask who's profitingIguana photobombs woman's picture in the best possible wayRussians mock Elon Musk's inventions with lifehack memes'The Office' stars recall one scene that made the entire cast break'Miss Congeniality': Why is April 25 the perfect date? French women are sharing photos of their body hair for a very good reason Someone apparently visited their Pokémon OK, shut it down: Bookies are taking bets on 'Pokémon Go' BMW makes sure we can’t escape voice assistants while driving How 'Harry Potter' helped me understand British politics British Airways was hacked, and its customers are paying the price Ariana Grande responds to police shootings with 'Better Days' Cher slams Boris Johnson in 2 angry, emoji YouPorn launches a 'sex zodiac' service for horoscope lovers Sorry AP, there is an accent in Pokémon Melting glaciers leave behind three new islands in the Arctic Ocean Mark Zuckerberg to share how he'll answer Facebook's biggest questions Airport security bins are gross as hell, according to a new study Michael B. Jordan and Warner Bros. parent company partner for diversity and inclusion initiative Kanye West just apologized to Drake in a very public way Nokia might be working on a phone with five rear cameras Astronaut photos show Hurricane Florence looking ominous from space Sorry, Notorious RBG, your common sense was MIA Snap's new Spectacles look way less dorky Let Jenna Fischer make your day with a precious throwback pic from 'The Office'
3.5084s , 8204.8984375 kb
Copyright © 2025 Powered by 【Yaar Pyaar Gaddar (2024) EP 5-7 Hindi Web Series】,Co-creation Information Network