According to local reports, the Russian social network VKontakte (VK) has announced that it will support NFTs. The technical director of the social media platform, Alexander Tobol, said in an interview that NFTs would be used to monetize user-generated content and protect copyrights. He also confirmed that the social media platform would not create its […]

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Russia’s largest social media network, Vkontakte, has announced it’s going to introduce support for blockchain and NFTs. The crypto technologies will be incorporated into the platform’s scheme for monetization of user content and copyright protection. Vkontakte to Facilitate Use of Non-Fungible Tokens The leading Russian social media platform, Vkontakte, intends to utilize blockchain technology […]