Meta will successfully merge all three social networks - ultimately creating a crazy experience
In as much as "centralization" is no no for me, with the look of how things are going with Meta, it does feel like Mark has so much innovations on the table to restructure social experiences.
I saw a thread, which eventually led to a report on Meta's recent integration with Arweave to give Instagram NFTs an immutable home. From what I know, Arweave is a permaweb, that is, a kind of permanent structure for data storage, so we're looking at a blockchain? Right?
Wrong, it's called a blockweave, said to be specifically designed for Arweave, maybe @icoverage won't mind putting up a comprehensive piece of article for it, there's quite a lot just looking through the website arweave.org.
Anyways, Meta has been doing some pretty interesting stuff that may just put it in a position to be the "centralized network" that's interoperable with blockchains. The Meta metaverse may have been shit and Diem may have failed, but I won't be surprised if there are still plans to launch a token or coin, we don't even have to talk about the metaverse, it's still coming.
Instagram NFTs and More
The reason these ecosystems tend to operate faster is because not only is the technology and developers there, but also, the cash flow is there to fund rapid developments. Instagram NFTs will empower creators on the social network, and considering that Meta has more in store in terms of "creator incentives" shows that the company is set to be a huge competitor and just like Google, Meta won't sit around and be replaced.
The fact that Meta social networks control billions of user activities on a monthly basis shows just how the company can make the most out of the growing crypto economy to increase revenue streams and user retention.
Look at how Facebook is slowly merging with Instagram, at some point, it won't matter if one has an account on Facebook or Instagram, where ever you are, you will be able to view contents published on the other network without even realising, this is already happening with reels as it appears on Facebook as if it were natively created there.
The restructuring of user profiles, making personal accounts look and feel like a standard Facebook page, with analytics of content and all that, Facebook is still a big bet in the space and Mark is likely to build something crazy along the line.
I sure ain't into stocks, so I am not invested in Meta stock, cause this might sound like a promotion but truth be told, technology is radically changing form.
The benefits to crypto and blockchain
As much as all of this happens on a centralized network, crypto and blockchain benefits from it. Yes, this literally means that Meta platforms are integrating with blockchain, so while not all shits on the networks are on-chain, a couple of their products are, giving crypto and blockchain a grand exposure.
So much is happening and quite a lot more story to be told. Watch out, crypto is slowly eating into major sectors of the world!
Thank you and please leave a comment, your thoughts matter to me
Posted Using LeoFinance Beta