Meta drops the plan of NFTs for Facebook, Instagram
Meta, one of the largest tech companies, is discontinuing its nonfungible token features on its social media platforms, Facebook and Instagram
Source: techstory.in
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Meta, one of the largest tech companies, is discontinuing its nonfungible token features on its social media platforms, Facebook and Instagram
Meta is giving up on NFTs, ending support on Facebook and Instagram, once considered a big part of its metaverse-tied rebrand.
Meta announces more layoffs as it rolls back investment in web3 products. From PR Week
Meta has decided to shelve its work with NFTs and focus on other ways to help creators make money. It comes as the company tries to run a tighter ship to help it out in this worsening economy.
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