Given the current Volatility in the crypto marketInternally linked to current NFT trends, this seems like a strange time to put a big strain on Meta NFTs and its various NFT projects across the app.
But that’s what Meta CEO Mark Zuckerberg is doing with it Announcing the upcoming digital payment optionsAnd meta preview New NFT featureAlong one New guide How NFTs work helps people come to market.
First, in terms of payments – instead of renaming Facebook Pay as part of a broader confirmation of Meta Pay, Zuckerberg also announced that Meta is working on a new one.Wallet for Metavers’ which will provide a more integrated way to securely manage your digital identity and shopping.
Explained by Zuckerberg:
“In the future there will be all kinds of digital items that you want to create or buy – digital clothing, art, video, music, experiences, virtual events and much more. Proof of ownership will be important, especially if you want to take some of these items with you across different services. Ideally, you should be able to sign in to any Metaverse experience and everything you buy should be right there. There is still a long way to go, but this kind of interaction will be a great experience for people and a great opportunity for manufacturers. ”
It’s a big, long-term vision that users will be able to retain ownership of digital items in a single app or space – so if you bought a costume for your character at Fortnite, you’ll be able to wear the same costume to your Facebook avatar at a business meeting, Theoretically.
It will take a long time to make this a reality, as Zuckerberg notes, but Meta recently signed up for a new Metavers Standards Forum. The interoperability standard for the Metaverse space, while this new wallet will also look to connect with other apps and tools outside of the Meta app, to facilitate such connectivity.
It will take time, and many agreements to activate this type. But this is another indicator of where the meta is going and the next digital connection space opportunity.
Where NFTs come from, theoretically, and after launching a preliminary test of NFT display options on Instagram last month, Meta is now looking That stretches Per ‘Additional few countries’ are more manufacturers, as it seeks to establish another way to facilitate digital connectivity.
“After we launch the feature on Facebook with selected U.S. manufacturers at a later date, manufacturers and collectors will be able to share their digital collectibles across Facebook and Instagram. We’ll start testing NFT on Instagram Store with Sparker soon. “
Instagram NFTs are already seen on AR, and the integration in the Stores app will provide another, improved way to showcase digital artwork, which could help generate more interest in larger NFT trends.
Although, as mentioned, that interest is eroded, with Search traffic for NFTs is declining over time.
And as more collectors rage and burn out due to the ongoing crypto market crash, it looks like the NFT fad will decline significantly – but broadly speaking, as a meta note, digital items will see more focus as we move forward. Stage, perhaps not as a bored monkey profile picture, but as a variable digital object, which can be traded and displayed in the same way as the current NFT.
Who has qualifications. I personally don’t think anyone will be affected by the bad JPEGs of your badly drawn characters in the future, but I do see that the ability to buy digital items and maintain such ownership across the space will be important at some point.
That’s why it’s like learning about NFT and understanding the underlying processes that Meta is new to. NFT overview.
This is a fundamental explanation of the basic principles of the NFT – which, in some ways, is gaining notoriety for all the NFT brethren and for their deceptive attention to deceptive ‘art’ projects at this early stage.
And then, again, the market collapses, which gives it a weird push – but perhaps now is the right time to learn, before NFT becomes something completely different in the metaverse space.
Logically, Meter’s new NFT announcements were originally intended to match the larger size. NFT NYC Events taking place this week, which saw a large group of middle-aged men crossing the city streets, and taking Instagram videos of plastered digital artwork across the building.
Despite many announcements, this is not the future of digital connectivity, but the underlying process of NFT trading could be a key aspect, which is why these new announcements from Meta are important, even in the current beer cycle for crypto space.