The Verge: Why social networks won’t stop pushing NFTs

The Verge: Why social networks won’t stop pushing NFTs. “Reddit is only the latest social network to offer users a way to set an NFT as their profile picture. Last week, Facebook began allowing some creators to showcase NFTs that they own on a new ‘digital collectibles’ tab in their profile. The move came a month after Instagram added a way for creators to show off their NFTs. Spotify began letting some artists uses NFTs as their profile pictures in May. What makes these moves notable is that they came just as demand for NFTs and crypto products generally fell off a cliff.”

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