Facebook owner Meta dives into NFT Digital Collectibles Craze
Social media group plans to enter hype-fueled $40bn market for creating and selling non-fungible tokens
Meta is working on plans to allow users to create and sell non-fungible tokens as Facebook’s parent company seeks to join the rush of companies trying to capitalize on the digital collectible craze.
Teams at Facebook and Instagram are readying a feature that will allow users to display their NFTs on their social media profiles, as well as working on a prototype to help users create — or mint — the collectible tokens, according to several people familiar with the matter.
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