Meta is 'Winding Down' NFTs on Facebook and Instagram
Not even eight months after launching widespread support for NFTs on Facebook and Instagram, Meta is pulling the plug.
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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.
Polygon and Flow prices held quite well on Tuesday morning as the Non-Fungible Tokens (NFT) industry was dealt a big blow
Meta's head of commerce and financial tech posted on Twitter that the company will sunset its NFT and digital collectibles features on Instagram/Facebook.