Get Your Own FB CryptoPunk Avatar. Meta About to Embrace NFTs

Published by
The Street

By Luc Olinga The owner of Facebook and Instagram is preparing to ride the NFT wave, says a report. NFTs are about to hit Facebook and Instagram. Social media giant Meta Platforms (FB) – Get Meta Platforms Inc. Class A Report is considering the possibility of letting users create, sell and exhibit NFTs on Facebook and Instagram, the Financial Times reports. An NFT, which is a digital asset usually bought with cryptocurrencies or in dollars, encompasses everything from images, videos to text. The ownership record is tracked on the blockchain, which serves as a public ledger allowing anyone to v…

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