Not even eight months after launching widespread support for NFTs on Facebook and Instagram, Meta is pulling the plug.
Mar 14, 2023Not even eight months after launching widespread support for non-fungible tokens on Facebook and Instagram, Meta is pulling the plug.
Some product news: across the company, we're looking closely at what we prioritize to increase our focus. We’re winding down digital collectibles for now to focus on other ways to support creators, people, and businesses. 🧵[1/5]NFTs were arguably a major part of Meta CEO Mark Zuckerberg’s vision of a metaverse-based future for the company he renamed after the endeavor, but the last couple of years have been anything but kind to the company’s pivot.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meta Will End Support for NFTs on Instagram, Facebook.meta is winding down its support for NFTs across instagram and facebook to focus efforts on other areas of the business. camgthompson reports
Read more »
Meta pulling the plug on NFTs across Instagram and FacebookMeta is 'winding down' its NFT-related development just under a year after it launched features for 'digital collectibles.'
Read more »
Meta lead engineer announces end of NFTs on Instagram and FacebookBy shifting focus away from virtual products, Meta might be preparing to stay in the real world instead of running with the promise of a new future.
Read more »
BREAKING: In Huge Blow for NFTs, Facebook and Instagram Step Back | CoinMarketCap🚨 BREAKING: In a huge blow, Facebook and Instagram announce they're stepping back from NFTs
Read more »
Meta to block access to news on Facebook, Instagram if Online News Act adoptedMeta spokesperson Lisa Laventure says the company made the decision because the act will require it to pay publishers for links or content it doesn’t post. cdnpoli
Read more »