#NFTs

Meta is reportedly planning to let users create, showcase, and sell non-fungible tokens (NFTs) as it seeks to join companies trying to capitalize on the digital collectible trend. NFTs were created to represent ownership over digital or physical assets in a wide range of unique tangible and intangible items—ranging from collectible Pokemon cards to virtual real estate or even paintings. According to a report from Financial Times (FT), teams at Facebook and Instagram are "readying" a feature that will allow users to display their NFTs on their profiles, as well as working on a prototype to help users create the collectible tokens. The report also says that Meta has also discussed launching a marketplace for users to buy and sell NFTs. Blockchain games and NFTs are now banned on the Steam platform, according to its new Steamworks documentation. https://twitter.com/SpacePirate_io/status/1448713803680473089 On the other side of the spectrum, Epic told The Verge that they are open to the idea of games that use either NFTs or cryptocurrency structure. We now have cryptocurrency as a mode for online payment and transactions, and then lurking around the digital collector's spectrum are the Non-Fungible Tokens or NFTs. Unlike cryptocurrencies, NFTs have unique values and assets allocated in them from certain people, like an expensive and 'one-of-a-kind' thumbprint—to put it simply. Read more in our articles including "Reddit launches new 'Collectible Avatars' as NFTs with Polygon" and "Meta plans to let users create and sell NFTs, says report".