Vkontakte, Russia’s largest social network, has launched. Allow users to upload digital collectibles to the platform. The company plans to establish a marketplace for non-fungible tokens, so account holders can also buy and sell them in the future.
Vkontakte User introduces NFT and sets as avatar
Vkontakte (VK), the leading Russian-speaking social media network, Business news portal RBC reported on its virtual currency page that it has introduced NFT services along with an educational course on Non Fungible Tokens (NFTs), citing the company.
At a presentation in Moscow, her CEO Marina Krasnova and CTO Alexander Tobol of VK announced that the new features will be available to all users within days. . The VK NFT option allows digital collection owners to transfer them to their accounts.
Additionally, tokens can be used as avatars or displayed in a special showcase on your profile. For that, you need to link your cryptocurrency wallet to your account. “Our job is to simplify user interaction with NFTs and make it a truly large-scale technology,” she comments Krasnova.
VK will also establish her NFT Hub where news, announcements, market analysis and case studies can be shared. The platform’s team will use this space to communicate with her NFT community, exchange ideas, and look for potential partners.
Vkontakte will launch its own NFT collection in January 2023 and a full-fledged her NFT marketplace at a later stage, giving users the opportunity to purchase and resell the collection. will be provided. The social media giant hopes to integrate the technology into other products such as games and gifts.
Russian authorities are weighing proposals to expand the legal framework for crypto assets to cover more relevant activities and products. It was revealed that they were working on a fix to regulate space. In September, Russia’s largest bank, Sber, announced its intention to allow users of its own blockchain platform to issue her NFTs.
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