Russian social media giant to integrate NFTs & Blockchain

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Vkontakte announced to integrate blockchain and NFTs technology to bring a monetization and copyright option for its users. 

The concept of NFTs in the crypto industry resulted in huge numbers of benefits. In the present time, it is just like a trend, where people are not only making money through new NFTs projects but also looking to implement the real use of NFTs & Blockchain technology in real life. 

According to the report of Vesti.ru, Vkontakte, a giant social media platform in Russia, announced to introduce NFTs for its users, and also it will integrate blockchain Network support. 

After the completion of the work of NFTs and blockchain integration, its 100 million active users will be able to use new features to monetize content alongside protecting copyright. 

Alexander Tobol, Vkontakte’s technical director, stated that they will not create any kind of blockchain Network but they will use existing blockchain Network to integrate into their platform, which means they will act as intermediaries between the users and blockchain technology. 

“It is easy to create an NFT, then list it on an exchange. And here, our task as the largest service in Russia for interaction with (an) audience, with an incredible amount of user-generated content, is to provide this opportunity,” said Tabol

The technical director also said that evolving blockchain NFTs technology is going to be a much better option for the content creators which can give a guarantee to the users to protect their contents under real copyright ownership. 

Twitter Integrates NFTs 

In the present time, Twitter is a leading social media platform, which is known to support the NFTs. 

People can use their NFTs to use as a profile picture and also to showcase their NFTs. 

However such efforts are made by the Twitter team to bring more users engagement to their platform but in reality these things are not useful, according to Tesla CEO Elon Musk. 

Elon criticized such development works of Twitter and suggested work on better works like enhancement of users’ experience by giving a better Ecosystem by kicking the spammers and bots.

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