The digital world is transforming in ways we never imagined, and Non-Fungible Tokens (NFTs) are leading the way. Thanks to blockchain technology and NFTs, social media platforms are beginning to experience a new level of engagement. From customizable avatars to augmented reality items, NFTs are giving big tech companies new ideas. This article will explore the potential benefits of using NFTs for social media platforms and the sector’s best practices. In this context, Instagram's experiment with NFTs represents a peculiar…
ABO Digital
ABO Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe
Spheroid secures $25 million in an investment commitment from ABO Digital as a strategic financing partner. Spheroid is an AR/XR platform that uses the SPH utility token for powering all the activities in its ecosystem. This funding commitment from ABO Digital marks a significant milestone for Spheroid, which plans on using the funds to continue building tools and capabilities within Spheroid Universe, such as Spheroid Script (A cross-platform programming language developed to speed up and reduce the cost of developing…
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