Many Facebook users in Vietnam suddenly discovered a new feature of Facebook. Accordingly, this social network allows users to share digital items they own. In other words, NFT owners in Vietnam now have a place to “show off” the items in their collection.
Born in 2017 but only popular and exploded for more than a year now, NFT (Non-fungible token) is a type of digital asset using technology. Blockchain. Users can own NFT by minting (self-generating) or buying and selling on the Internet.
Facebook currently supports digital items on the Ethereum, Polygon, and Flow chains. Users need to connect the NFT wallet to the social network. The new connection can only be done using the Facebook mobile application.
After connecting the wallet, the user can share his NFT as a Facebook post. These posts have a white check mark that is a copyrighted digital artifact. NFT owners are also tagged in digital items they create or own.
This information immediately attracted the attention of many Vietnamese users, especially those who own digital assets such as NFT and cryptocurrencies.
According to the latest data from Statista, Vietnam ranks 5th in the world in terms of the number of NFT holders in 2021. Vietnam’s NFT holders are only behind 4 countries, namely Thailand, Brazil, the United States and the United States. China.
The number of NFT owners in Vietnam is estimated by Statista to be 2.19 million. This figure is 5.65 million in Thailand, 4.99 million in Brazil, 3.81 million in the US and 2.68 million in China.
Coin98 Research’s first half of 2022 cryptocurrency market report shows that the first quarter of 2022 continues to witness the explosion of the NFT market.
In the second quarter of this year, due to the impact of the general trend, the NFT market experienced a decline in indicators such as price and trading volume. However, the NFT industry still proves its potential and attracts more projects.