Decentralized social networks have a retention problem, say execs

    Decentralized social network Friend.tech may have risen quickly, but execs argue decentralized social media apps still have an onboarding and retention issue to fix. Despite the recent bloom of the decentralized social media app Friend.tech, executives from the industry argue there’s still much more work to be done — with many still experiencing massive challenges…

    Facebook now lets users post NFTs and other digital collectibles

    Meta now allows users include digital collectibles on Facebook. Meta’s move expands NFT features from its initial launch point on Instagram to Facebook, with more than 2.9 billion users. Social media giant Meta said it now allows users to post their digital collectibles and NFTs to their Facebook accounts. Meta, the parent company for Facebook…

    Instagram rolls out NFT support to 100 countries, while FLOW token soars at 44%

    Social media giant Meta has started to roll out NFT support on Instagram across 100 countries after integrating with Coinbase Wallet and Dapper, as well as it will also add support for NFT-focused blockchain Flow. The price of the FLOW token has surged nearly 44% over the day following Meta’s announcement. Mark Zuckerberg, the CEO…

    Instagram to incorporate NFTs, Zuckerberg said

    Mark Zuckerberg revealed plans to integrate NFTs into the Instagram platform, but it’s still unclear what this will look like. The news continues Meta’s narrative that it is moving closer to its proposed ‘metaverse’ goal. According to Engadget, NFTs are coming to Instagram, as Meta CEO Mark Zuckerberg told SXSW. “We’re working on bringing NFTs…