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.'

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.

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.

Meta To 'Wind Down' Support For NFTs On Instagram And Facebook As Crypto Market Woes Continue

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.

Metaverse: Meta cancels NFT features on Facebook and Instagram

NFTs (non-fungible tokens) are something like digital certificates of authenticity. These will probably no longer be able to be shared via social media soon.