Meta ‘Winding Down’ Instagram NFT Support to Focus on Creators
After just a year of supporting the sharing of digital collectibles on its Instagram platform, Meta is pausing the project.
Meta Commerce and Fintech lead Stephane Kasriel announced the change on Twitter. The tech and social media giant is winding down its digital collectibles initiative “to focus on other ways to support creators, people, and businesses,” Kasriel wrote.
Last year, Meta made a big push into digital collectibles after Mark Zuckerberg, CEO of Instagram’s parent company Meta, annou...