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The Street
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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