New details have been revealed about whether NFTs, which have been on the agenda for a long time, will come to Facebook and Instagram. Meta’s founder, Mark Zuckerberg, confirmed in his statement in the past months that NFT will come to platforms. However, the CEO, who did not provide much detail on the subject, announced that users could create and sell NFTs.
Mark Zuckerberg, at an event held last year, once again said, “The clothes you wear in Metaverse can be printed as NFT and you can wear them between different places.” made such statements. So what are Facebook’s obvious plans for NFT? Let’s take a look at the details of the news together.
Facebook will start NFT applications in May!
According to the claims made by the British business newspaper Financial Times, Meta will start test applications for sending and sharing NFTs on Facebook in mid-May next. Soon after, it will integrate the NFT creation feature into NFT-concept Facebook groups.
The main purpose of these innovations to be tested on Facebook will be to create and promote e-commerce within the Metaverse. NFTs won’t just be used as profile pictures like on Twitter. Brands’ digital goods, avatar outfits, in-game weapons, virtual credits and more will be traded.
New virtual currency “Zuck Bucks” will be used for digital trades to avoid fraud. In addition, the company will also give social tokens or reputation tokens to Facebook groups that contribute to the platform in close opinion on this issue.
What do you, our readers, think about this issue? How do you think Facebook’s new currency Zuck Bucks and NFTs will be used on the platform? You can express your thoughts in the comments section or on the SDN Forum.