
Facebook Exploring NFT Space As It Thinks Bitcoin Is too Volatile
According to Business Insider, Facebook says it is looking at building NFT-related features on Diem, a simple rebranding of Libra, a centralized, proof-of-stake (PoS) crypto project initiated by Facebook on a quest to solve the world’s money problems. During an interview with Bloomberg on Tuesday, David Marcus, co-creator and a board member of Diem said, “We think the world needs a better payment system.” Also, he added that after all these years, Facebook is nearly ready to deliver the solution. In addition, he noted, “We’re in a really good position to do so.” This comes as the project is still