This news story originally appeared at Social Media News on 20 December 2021

Social media app Parler plans to expand into NFTs

An NFT, which is a digital asset usually bought with cryptocurrencies or in dollars, encompasses everything from images, videos to text. The ownership record is tracked on the blockchain, which serves as a public ledger allowing anyone to verify the NFT's authenticity. Traded since around 2017, NFTs initially gained popularity in early 2021 and then around August.