On Monday, August 29, Meta announced that users of Facebook And the Instagram They will be able to start Post them denied on both platforms. The Non-fungible tokens They are certificates that certify the authenticity of an asset or business — usually digital — based on blockchain technology, which prevents reproducibility, or “operability.” Owning an Nft is essentially the equivalent of having a document showing ownership of a signed copy of a book or the first copy of a famous painting: it is not surprising that these digital certificates were initially popularized in the art market.
Buying and selling Non-fungible tokens It is one of the companies he works for project Metaverseon which Meta and its CEO Mark Zuckerberg are betting on the company’s development.
It is necessary to publish NFTs on Meta platforms Link profiles to digital wallets. feature, called digital collectiblesinitially presented in May 2022 exclusively on Instagram and in collaboration with originator Choose the United States. In the following months, Meta expanded the project to other markets and to more and more people, beginning in August It is now available in more than 100 countries.
Yesterday’s announcement represents a further development over the previous steps. Meta plan is Open to all major blockchains And give a chance to originator From the world encryption To showcase their creations and collections on the main platforms. A few months ago, Instagram number one Adam Mosseri said he was also willing to evaluate the idea of offering influencers a subscription program (similar to Patreon), which would also allow them to sell NFT, among other things.
in a similar way to Cryptocurrency marketwhose collapse It doesn’t seem near the end, even NFTs aren’t going through a rosy period: In July, sales hit their lowest level in the past 12 months. fortunes It reported that one of the largest NFT marketplaces, OpenSea, has seen its transaction value drop by ninety-nine percent. market trends However, it didn’t seem to stop Meta and its expansion project in the world of blockchain. It remains to be seen if the company’s gamble will pay off.