HODL Avails, a nonfungible token (NFT) aggregator platform, has appear the acquisition of blockchain-based social network and commerce platform CoinLinked.

Co-ordinate to a release issued on Wed, Wall Street veteran and CoinLinked founder Jenny Q. Ta will besides bring together the HODL Assets team as chief operating officer.

The CoinLinked acquisition is part of a broader plan by HODL Avails to upscale its presence in the nonfungible token infinite with the launch of its NFT marketplace dubbed HODL platform.

HODL Nugget's new NFT platform volition reportedly offer gaming and social networking features to the expanding NFT space. The CoinLinked acquisition likely ties into these plans, with Ta previously telling Cointelegraph that the blockchain social network platform was an "amalgamation of Twitter, Instagram and Amazon."

Speaking to Cointelegraph, Ta stated that NFTs could be the "killer app" for Web 3.0 much in the aforementioned manner due east-commerce and social media have dominated the electric current internet architecture, stating:

"NFTs are absolutely the next pace for disintermediation of the internet, as the time has come when people are demanding buying of their assets, and rightfully so. The internet is about gaining attending of the masses and constant change, flowing of information, while NFTs are nearly gaining attending of the individual and are a static snapshot of fourth dimension."

Every bit such, the HODL platform is looking to integrate CoinLinked's processes to offer features not currently on show on other NFT marketplaces. Every bit function of the declaration, the company stated its vision of making NFTs more mainstream.

Related: Visa invests $150,000 in NFT CryptoPunk Asset

Detailing the likely roadmap for broad-based nonfungible token adoption, Ta identified social media and gaming as intermediate steps on the road to making NFTs more accessible.

As previously reported, NFT gaming, especially the play-to-earn variety, has been gaining significant popularity across the earth.

According to the CoinLinked founder and new HODL Assets chief operating officer, the integration of NFTs and social media on the blockchain volition create a platform that will change the dynamics of digital content ownership.

Following its CoinLinked conquering, HODL Avails is likewise planning to relocate from South Africa to the United states.