Why BuzzFeed

So what’s next for a computerized media organization that is scaling back its news staff and battling to acquire a traction in the as far as anyone knows more worthwhile online business space? To keep situating itself as a profitable tech player, various specialists advised TheWrap that BuzzFeed needs to shift focus over to valuable open doors in Web3, the blockchain-based next flood of the web supporting state of the art tech like NFTs and the metaverse.

“It would be consistent with the tech-forward story they are selling to [Wall] Street,” Peter Csathy, administrator of media and tech warning firm CREATV Media, told TheWrap. “The trick is to convince the Street that it is more than a media company with these numbers … and commerce is also the burgeoning world of Web3.”

, 2022-03-25 20:43:00

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