Meta Announces NFTs Have Not Changed Their Plans - Coinleaks
Current Date:November 7, 2024

Meta Announces NFTs Have Not Changed Their Plans

NFT While the sector is developing day by day, the studies in this field have gained momentum. As it is known, Facebook is the parent company of Instagram and WhatsApp. Metaon Instagram last month. NFT He started testing them. A new move came from Meta, which continues to work on this issue. The company has started rolling out NFTs on Facebook for US creators. On top of that, Meta said that it will continue its NFT move despite the fluctuations in the crypto market.

Meta Won’t Change NFTs Plans In Any Way

Meta’s new head of fintech, Stephane Kasriel, said in an interview that the company’s plans for NFTs have not changed in any way.

Stephane Kasriel said on the subject:

The opportunity Meta sees is to be able to collect digital collectibles and potentially create virtual and digital products there for the hundreds of millions or billions of people who use our apps today.

In addition Meta, Their NFTs offer a way to monetize their content, which would otherwise be dragged into TikTok. Finally, earlier this month, Meta started testing Polygon and Ethereum-based NFTs among selected users on Facebook.

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