Meta to wind down NFTs on platforms amid crypto bust

Meta Is 'Winding Down' NFT Support on Facebook, Instagram

The company will focus on 'other ways to support creators, people, and businesses.'

Meta suspends NFT feature on Facebook and Instagram

Meta has announced plans to suspend its NFT service on Facebook and Instagram to focus on other ways of supporting creators and businesses on its platform

Facebook and Instagram stop support for NFTs

Two years ago, digital speculative objects earned millions of dollars. Since the crypto industry has been in crisis, more and more companies are looking to exit. The largest social media company is now following suit.

Meta winds down NFT on Facebook, Instagram

Meta introduced its own digital collectibles on Instagram in May last year to support creators across the social media platform.

It's over for NFTs on Instagram and Facebook

Meta has announced it is winding down its NFT program on Instagram and Facebook.

Meta to wind down NFTs on platforms amid crypto bust

Meta 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.