Social media app Parler plans to expand into NFTs

Social media app Parler plans to expand into NFTs

Social media app Parler plans to expand into NFTs

Information about Social media app Parler plans to expand into NFTs

Kevin David Scam or Legit


(Reuters) – Social media platform Parler said on Monday it will expand its business into non-fungible tokens (NFT), in a move that underpins the rapid growth of the digital asset in recent months.
An NFT, which is a digital asset usually bought with cryptocurrencies or in dollars, encompasses everything from images, videos to text. The ownership record is tracked on the blockchain, which serves as a public ledger allowing anyone to verify the NFT’s authenticity.
Traded since around 2017, NFTs initially gained popularity in early 2021 and then around August.
Last week, former U.S. first lady Melania Trump launched an NFT and blockchain technology venture, which was spearheaded by Parler.
“Parler will continue building its digital offering with an NFT pipeline that builds communities and fosters creativity while furthering …

Read More on Datafloq

Breaking Story – Social media app Parler plans to expand into NFTs

The Latest News on Social media app Parler plans to expand into NFTs

Source link
Category – Automation

Leave a Reply

Your email address will not be published. Required fields are marked *