Snapchat Will Enable NFT Filter Feature
Snapchat is working with developers to make fun augmented reality filters for users of its platform.
NFT are a new type of cryptocurrency that has caught the attention not only of celebrities and very powerful people but also of many social media sites. American camera and social media company Snap inc is getting engaged there are rumors that Snap is thinking about letting users show NFTs on its app. The features that will let NFT artists show off their designs as augmented reality filters are being tested right now.
However, Snap is working with developers to make fun augmented reality filters for users of its platform. also, lenses can be put on top of photos of the real world in this way. developers use third-party services to mint make NFTs from the platform.
The NFT sector has become more important since it became a $40 billion business around the world last year.
The NFT sector has become more important since it became a $40 billion business around the world last year. Financial experts say that this business has been used for speculation in the retail market people say that the excitement has died down which has caused the price of NFTs to plummet Snap's aim is the same as that of many other social media companies to make sure that their users can make a living on their platform.
Furthermore, Snap doesn't plan to charge creators to show NFTs instead they are looking for ways to work with other businesses to help designers sell their work.