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Facebook Is Working On A Smartwatch With Messaging & Health-Tracking Capabilities

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facebook is working on a smartwatch with messaging and health tracking capabilities

As part of its ongoing quest to dominate our lives, Facebook is working on a smartwatch with messaging and health-tracking capabilities, informed The Information on Friday.

The smartwatch will reportedly run on the Android operating system, but it’s unclear whether if Facebook decides to use the established Wear OS platform or release the smartwatch with its own flavor of Android.

In any case, Facebook’s smartwatch will focus heavily on messaging and health-tracking, presumably featuring lightweight versions of the social network’s family of services, including not only Facebook but also Instagram and WhatsApp.

Because the smartwatch will have a built-in eSIM card, it won’t have to be tethered to a smartphone to access the internet, a feature that’s guaranteed to appeal to all fitness users, especially if it delivers integrations with products from companies like Peloton.

The release of the Facebook smartwatch won’t be the company’s first push into other market segments. For example, Facebook’s Oculus VR headsets are among the most popular products of their kind, boasting a thriving ecosystem that’s home to some of the most innovative virtual reality experiences currently available.

As such, the biggest obstacle standing in Facebook’s way to success likely won’t be its ability to create an attractive product but its poor reputation among consumers and regulators, neither of which might not be thrilled by the idea of the company having access to users’ health data 24×7.

Also Read: Apple Likely To Release 8K VR Headset In 2022

Of course, Portal, a standalone video chat device released by Facebook that sparked similar privacy concerns, is still selling well, so it seems that many consumers are still willing to sacrifice their privacy if it means getting their hands on an attractive product.

While the first generation of the Facebook smartwatch will probably play it safe, future generations could benefit from Facebook’s acquisition of the neural interface startup CTRL-Labs in 2019, which specializes in building wireless input mechanisms.

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Spotify Is Experimenting With Artist NFT Collections

According to a recent survey, it seems that the currently tested NFT collections are just the first step toward a much broader implementation of NFTs into the platform.

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spotify is experimenting with artist nft collections

NFT sales may have declined by 92 percent since September 2021, but that’s not stopping Spotify from experimenting with a new feature that lets artists display their non-fungible token (NFT) collections on the music streaming platform.

At the moment, only a small group of artists are taking part in the experiment, including Steve Aoki and The Wombats. What’s more, only select US users of the Spotify app for Android can see NFTs when they visit the profile pages of the aforementioned artists.

spotify artist nft collections

“Spotify is running a test in which it will help a small group of artists promote their existing third-party NFT offerings via their artist profiles,” said Spotify spokesperson. “We routinely conduct a number of tests in an effort to improve artist and fan experiences.”

It’s important to point out that not all Spotify experiments result in new features. It all depends on the feedback the music streaming platform receives from users.

According to a survey some Spotify users have recently received, it seems that the currently tested NFT collections are just the first step toward a much broader implementation of NFTs into the platform. More specifically, Spotify seems to be thinking about allowing its users to directly purchase NFT art to support their favorite artists.

Also Read: 3 Best Cold Storage Wallets For Crypto In 2022

Considering how polarizing NFTs have been since their inception in 2014, it shouldn’t come as a surprise that many Spotify users have immediately expressed their dissatisfaction with the idea of NFTs becoming part of the Spotify music listening experience.

Other large tech companies are also experimenting with NFTs. Instagram, for example, started testing NFT integration last week, allowing NFT creators and collectors to display their tokens on the platform. Mark Zuckerberg himself believes that NFTs and digital collectibles in general will play an integral role in the metaverse, the new iteration of the internet.

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