Meta is 'Winding Down' NFTs on Facebook and Instagram

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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.

 

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Never understood them anyway....like bitcoin. I'm too old!

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