Meta announces metaverse NFT wallet and Meta Pay

    Social media Meta is working on a wallet for the metaverse as the company is expanding its NFTs test and launching new features for creators on Facebook, Instagram, and WhatsApp. Meta CEO Mark Zuckerberg has also confirmed that Facebook Pay was renamed Meta Pay., “Ideally, you should be able to sign into any metaverse experience…

    Meta brings fashion to the metaverse in partnership with luxury brands

    Meta is bringing luxury fashion into the metaverse with the announcement of a digital fashion marketplace dedicated to its virtual avatars. Outfits of three high fashion brands – Balenciaga, Prada, and Thom Browne – could be worn across Meta-owned platforms, including Facebook, Instagram, and Messenger. Meta’s CEO Mark Zuckerberg and Instagram‘s director of fashion partnerships…

    Meta: a Step Back From Blockchain

    Mark Zuckerberg’s company made a lot of noise a few years ago with an attempt to create its own stablecoin as a basis of a worldwide payment system built around Facebook, Instagram, and WhatsApp. Now, the once ambitious move has been reduced to some faint cracks at creating a kind of in-game currency for the…

    Meta reportedly plans to launch a social token for its metaverse

    Meta is reportedly trying to develop its own token to support its ambition of connecting users through the Metaverse. More tokens may be developed as Meta builds a metaverse, the report outlined. Despite Meta (ex-Facebook) recently giving up on its plans to create the Diem stablecoin, it’s reportedly still interested in creating tokens for use…

    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…

    Meta reportedly looks to sell off its Diem crypto project

    According to anonymous sources, Meta (ex-Facebook) appears to be looking to pull the pin on its Diem/Novi crypto project, with company representatives searching for a buyer for its intellectual property. After three years of development and a raft of changes to its name, scope, leadership, and purpose, it seems like Meta’s trouble stablecoin project may…