Meta's plans in relation to the world of NFTs seem to go beyond creating non-fungible tokens to sell to users. According to the Financial Times, Mark Zuckerberg's company wants to make Facebook and Instagram a place where its users can also create and sell these digital assets that are so popular getting.
The aforementioned medium highlights that both Facebook and Instagram are working on a “pilot” function to help create an NFT. Both social networks are also studying making their platforms compatible so that users can display their tokens on their social profiles. Meta also seems to be exploring the possibility of creating a kind of Marketplace “for users to buy and sell NFTs”.
The plans, yes, are in a very premature development phase, so they could change, according to the aforementioned source. However, the company has publicly shown its interest in NFTS on more than one occasion. Therefore, it would not be surprising if the project, except for minor changes, moved quickly.
In fact, Adam Mosseri, head of Instagram, revealed his intention to include NFTS on his platform to make them “more accessible“, something that seems to coincide with the plans revealed by the Financial Times. NFTs are also an important part of the metaverse, and they will also be present in the virtual world that Mark Zuckerberg's firm is preparing.
Twitter is also exploring NFTs
Photo by Claudio Schwarz on Unsplash Meanwhile, other companies related —and unrelated— to the technology sector have also announced their jump on the NFT bandwagon. Either through the acquisition of companies dedicated to the creation of digital assets or, as Twitter recently assured, through the development of systems that will make it possible to make the tokens compatible with their platforms.
All this, while the fever for these digital assets continues to boom, and irrefutable proof is the multiple follies related to these non-fungible tokens. Just a few months ago, a DOOM mod that consisted of photographing various NFTs as a mockery of those who defend them as non-playable materials, became vital on the internet and even caught the attention of Elon Musk. Weeks earlier, an anonymous user purchased a yacht token for a metaverse game for more than $500,000, and a YouTuber even released his own line of tokens.
