Meta 'winding down' NFTs for Facebook and Instagram
Meta Platforms Inc (NASDAQ:FB) said it is winding down its support for non-fungible tokens (NFTs) on Facebook and Instagram just a year after the company...
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Meta Platforms Inc (NASDAQ:FB) said it is winding down its support for non-fungible tokens (NFTs) on Facebook and Instagram just a year after the company...
The resignations come as part of a new 'year of efficiency' and follow the resignation of CBO Marne Levine (bottom right) and reported resignation of Americas VP of Sales Nada Stirratt (top right).
Not even eight months after launching widespread support for NFTs on Facebook and Instagram, Meta is pulling the plug.
Meta is winding down digital collectibles (NFTs) to focus on other ways to support creators, people, and businesses. The is was announced by Stephane Kasriel, the head of Commerce and Financial Technologies at Meta.
Meta has announced its decision to end support for NFTs on Facebook and Instagram, less than a year after launching the NFT-related features.