Facebook owner Meta dives into NFT digital collectibles craze

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Facebook owner Meta dives into NFT digital collectibles craze

  • Meta will soon allow users to create and sell NFTs and display their NFTs on their social media profiles.
  • Meta rival Twitter is testing NFT showcasing capabilities, while Reddit has launched its own collection of NFT avatars.
  • The move comes after Meta chief executive Mark Zuckerberg last year said that NFTs could one day be wielded to support a market for digital goods in its planned metaverse, an avatar-filled world that the company is investing $10bn annually in building over the coming decade.

[Via]

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