The day is January 20, 2022.
Meta could be the next person to join the NFT bandwagon. According to the Financial Times, Meta is developing ways to sell NFTs on Facebook. The company has a wallet technology that would power a lot of the functions. Meta is said to be discussing a marketplace that would help you buy or sell digital collectibles, as well as testing a way to showcase NFTs.
The company has already declined to comment, and the sources cautioned the effort was still early and could change. The company is thinking about technology.
It would make sense to dip into NFTs. While companies sometimes abuse the link between NFTs and the metaverse, Meta might want a framework for them so that residents of its virtual worlds can sell unique digital goods. If NFTs prove to be more than a short-lived trend, this could help Meta prevent third-party platforms from gaining too strong a hold.
This article originally appeared on Engadget.
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