Meta is 'winding down' its NFT-related development just under a year after it launched features for 'digital collectibles.'
Big Tech firm Meta is scrapping its nonfungible token feature across its social media platforms Facebook and Instagram just under a year after it launched.
Stephane Kasriel, Meta's head of commerce and financial technologies, tweeted the news on Mar. 13, saying Meta is"winding down" its NFT support as it wishes to"focus on other ways to support creators, people, and businesses." 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.
The product was relatively short-lived as testing began in May 2022 with select United States-based creators on Instagram
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
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
Consulte Mais informação »
Meta to wind down NFTs on platforms amid crypto bustMeta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral.
Consulte Mais informação »
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
Consulte Mais informação »