Meta is killing NFT support on Facebook and Instagram | Engadget

United States News News

Meta is killing NFT support on Facebook and Instagram | Engadget
United States Latest News,United States Headlines
  • 📰 engadget
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Meta is killing NFT support on Facebook and Instagram

its support for NFTs on Facebook and Instagram less than a year after its push to adopt “digital collectibles” across its platform.

The update comes as the social network has laid off thousands of workers and shuttered numerous projects amid what Mark Zuckerberg has“We’re winding down digital collectibles for now to focus on other ways to support creators, people, and businesses,” Stephane Kasriel, Meta’s Head of Commerce and Financial Technologies wrote in anshared on Twitter.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

engadget /  🏆 276. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta to block access to news on Facebook, Instagram if Online News Act adoptedMeta 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 »

Meta Will End Support for NFTs on Instagram, FacebookMeta 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 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 »

Tech layoffs 2023: Facebook parent Meta could slay thousands of jobs next weekTech layoffs 2023: Facebook parent Meta could slay thousands of jobs next weekMeta, the parent company of Facebook, is set to make additional layoffs that will be conducted in several rounds over the upcoming months.
Read more »

Facebook and Instagram Threaten to Pull the Plug on News in CanadaFacebook and Instagram Threaten to Pull the Plug on News in CanadaMeta and Google are on a collision course with lawmakers over the Online News Act, which would force them to pay publishers for content.
Read more »



Render Time: 2025-02-22 05:11:07