Facebook plans to change its name as part of company rebrand

Re:Facebook plans to change its name as part of company rebrand by serverholic on Wednesday October 20, 2021 @03:11PM (#28934830)

This is why Ethereum is so important. With technology like NFTs, it creates a common, standard platform for these companies to build on.

[ Parent | on HN ]

Re:Facebook plans to change its name as part of company rebrand by Andrew_nenakhov on Wednesday October 20, 2021 @03:52PM (#28935428)

NFTs, aka StarCatalog 2.0 where you can pay some database owners to keep a record of your name next to some set of data?

[ Parent | on HN ]

Re:Facebook plans to change its name as part of company rebrand by serverholic on Wednesday October 20, 2021 @04:28PM (#28936036)

Yes a database of digital assets that you control. Forcing facebook to use a standard instead of full lock-in is good IMO.

[ Parent | on HN ]

Re:Facebook plans to change its name as part of company rebrand by nivenkos on Wednesday October 20, 2021 @03:56PM (#28935499)

How do NFTs help in any way?

[ Parent | on HN ]

Re:Facebook plans to change its name as part of company rebrand by serverholic on Wednesday October 20, 2021 @04:25PM (#28935990)

An NFT can represent any digital asset. Digital assets are a key part of any "metaverse".

If NFTs become the standard then you could theoretically take your assets off Facebook into another Metaverse without losing your items. NFTs help avoid lock-in and put pressure on Facebook to play nicely with others.

[ Parent | on HN ]

Re:Facebook plans to change its name as part of company rebrand by nikk1 on Wednesday October 20, 2021 @04:38PM (#28936176)

I am shocked how this stuff hasn't made its way into HN yet. Everyone PLEASE DYOR and start by researching Cryptopunks and Bored Ape Yacht Club, you can spread out your NFT horizons from there.

[ Parent | on HN ]