Will Mark Zuckerberg Save NFTs?

Mark Zuckerberg, CEO of the social media empire Meta Platforms (META) strongly believes in the metaverse, an immersive virtual world in which people will interact using digital avatars.

In this virtual world, which is Meta’s next big thing, non-fungible tokens (NFTs) will undoubtedly play an important role. NFTs are a way of asserting ownership of a piece of online content, such as a photo or recording. While NFTs have been the buzzword from the beginning of the year (due to Fear of Missing Out, or “FOMO”), they seem to have lost their luster.

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