Facebook and Instagram are reportedly exploring plans to make, showcase, and sell NFTs

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Meta smells money in the NFT craze

Although NFTs are much derided for their speculative value and lack of security , these assets will become more significant if existing tech giants choose to support them.

An NFT is, at heart, a way to claim ownership of a digital item like a JPG or a GIF via a unique address on the blockchain. And despite claims that these assets embody a decentralized forms of ownership, their legitimacy rests upon recognition from existing online platforms.

For Meta, embracing NFTs could also help it wield greater influence in what the company has labelled the metaverse — a nebulous concept of interconnected virtual worlds, similar to promises of VR universes floated in the 1990s and before. That could potentially boost the value and importance of NFTs while simultaneously centralizing control over the assets.Subscribe to get the best Verge-approved tech deals of the week.

 

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Connecting my wallet to an algorithmically plagued confirmation biased platform? No thank you I will not give my wallet herpes.

F NFTs

Finally Meta 👏

Sounds on Brand for Facebook, they always like to do the worst option possible...

Second they do this my Facebook account is gone for good. I deleted them long ago and got it back just to keep in touch with some family, but that's the last straw if they do that.

So much for climate change. None of these companies actually care about how scammy NFTs are. They are just looking for a way to make lots of crash. Corporations will always be disgusting to me.

Makes sense for them to get in this space!

Got banned for a month for telling a dark joke. Account deletion is pending. Facebook is just a personal data gathering trap. VR and metaverse will just mess with your head so they can sell your self entirely.

And NFTs are supposedly anti corp 😂

Booooooo

you said (NFTs) :) 🤪

oh no what a year oh mark why

Of course they are 🙄

I’m deleting Instagram soon then

Hope it doesn’t involve user’s content

Trash recognize trash!

Welp, time to delete my facebook account. Never really used it anyway. I'd rather not associate myself with a platform for greedy pigs.

DeleteFacebook

If Facebook does it, then we know where on the moral scale it is.

Bad move. Sooner or later, both platforms will be filled with scammers

Imagine every picture and video on Instagram being NFT.

And we're reportedly exploring plans to make, showcase, and sell these ratios when they announce it

👀

They have to come up with new ways to generate investment from rich people who want to get richer, faster.

Blimey

facebook needs to get out of the metaverse it was never welcome, and we don't appreciate a scumbag corporation trying to lay claim to what WE have built.

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14 years of Blockchain tech for the rich to use it for crappy bored ape NFTs. Focus on web3 for ffs.

This is why I just stopped caring about nft at all who cares lol

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Now that's the way to go

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Facebook instagram Meta

MOONSHOT 10,000X, probably something hehe SHIBA2K22 SHIBA2K22ARMY

All NFT stuff is going to explode when Meta will get more mainstream

the blocky thingys on this pic looked kinda like minecraft blocks... i nearly got heart attack...

If you are interested in learning about NFTs please ignore all the negativity here and come over to Twitter NFT where we are happy and joyful. My DM's are always open. No question is a stupid question.

Awesome!

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At this point I'm willing to rethink everything we know about law and governance if it means gaining a way to put a stop to this kind of shit

Meta is the new Virus on the horizon.

NFTs are the future

Making NFT's are not easy(for us simpletons atleast), and in my opinion it's not sustainable. I think the following video explains it well:

I feel like nfts and crypto in general are like digital books. When they first came out it was amazing. Now they are everywhere and no one wants them. Making something digital on its face increases mass production of the item bringing down its value.

ManMilk2

Of course they are because they have nothing to contribute.

Ew

0x2E969a0aA68339b34104D974Dec99477866490d2

can't wait until the bubble pops

i bet eduardo is actually happy at this point he isn't even associated or mentioned by zuckerberg anymore

TheLoveChain is allowing an NFT marketplace on their social media platform. What makes it better is that they are decentralized! NFTs

👀

BrittanyBenDav2

Someone should stop Mark.

F U C C Z U C C

🍄

cringe

Just why Facebook and Instagram?

Beginning to understand why its called the metaverse now.

ShrewdCrypto

We’ll fuck Facebook and instagram 🖕

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In that case I'm reportedly exploring plans to never use Instagram again

I’m very tempted to become an isolated monk or something along those lines. Just wake up, work for 8 hours, pay bills, meditate, and support absolutely nothing. I’ll be rich and not have to worry about any of this. Humans aren’t worth it.

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better later than never?

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LauraxBradley

i hate facebook

Probably Nothing.

Can’t believe people are surprised, nfts are the bases to their venture into a meta verse vr platform. Basically Vr chat with ads and paid cosmetics(nfts) for your character. Walk into kohl’s and buy a nft jacket that’s on a daily rotation of items. Omega cancer.

Didn’t think Facebook could suck anymore but here we are

of couruse they are

NFT are both a curse and blessing now, its a curse because yaknow, its all bullshit and ruining the planet, while at the same time it made people set aside their differences to shit on something that deserves to be shitted on

Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why why Why why

Wait, so big corporations are trying to bandwagon on a scam to scam people for more profits?! Yeah, expected that.

good thing only boomers who dont understand crypto wont use it in facebook

big things are about to happen here follow today and do not get left behind

Damn gotta bunk lectures now 😵

Gag...

I see their logo is a double dilated rectum.

Is this the top? NFTCommunity

Replying to NFTs are just designed to launder money much like luxury real estate and art, and Facebook and Instagram are getting in on the deal.

WOW!

🔥✔️

I just put there in case people are still enough dumb to encourage NFT.

I'm not surprised. There is money to be made as a platform so of course they're going to chase it. But it's all so dumb. Make it stop.

Nfts actually serve a purpose in the metaverse. You can truly be the sole owner

Nice try Zucc

Oh please

GW is becoming stronger. Then, we're totally fucked.

NFT's...Biggest Joke Of The 2020's! Right Click...Copy...Save...Free...LOL!🤣

More garbage from Mehtaverse DeleteFacebook

Meta should showcase NFTs on

Tilted is back guys

As if you needed ANY other reason to ditch the venom.

Great project

Right, they never have any new original ideas - they just try to steal of buy other people ideas.

Well, we didn’t let Facebook start a crypto currency.. so why would we let them do this?

Of course they are

Already deleted Facebook, I’ll take an excuse to get off Instagram as well.

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Hopefully, this will generate enough backlash to make a good number of people leave the two services:

It is just another Ponzi scheme. Millions of people are going to get hurt by this.

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$SWRM For sure

Yeah… was considering coming back to Instagram, now it can kiss my ass. 😂

pls get away from nfts

Man. I was off insta for a year. I’ve been back for only a couple months. Happy to leave again.

Both are practically dead anyways

This was bound to happen. A question to ponder.

Facebook and Instagram can join the growing list of companies that can fuck off.

🚮 with their content moderating? good luck lol. funny they look for the new hot thing (stories, reels, NFTs) because they can create absolutely 0 ideas or value themselves mosseri

OH FUCK NO

3

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