Meta has turned to NFT and DAO
The man who will become Meta's CTO in 2022 reportedly wants Meta to "target deep blockchain interoperability" - and has talked about the possibility of exploring DAO and NFT-related business lines.
Andrew Bosworth, who is already Meta's top executive, tasked with leading the augmented and virtual reality divisions, will take his new position and help the firm deliver such a coup de grace to the meta-universe.
Bosworth said the company should "develop ways to work with NFT" and "look at possibly investing in areas like blockchain-based smart contracts and DAO."
But Bosworth warned employees not to get too zealous about Web 3.0, and urged them "not to make excessive fixes by relying only on decentralized technology."
