Highlights

Meta discontinues NFT support on its platforms
No specific reason given
Company looking at other ways to support creators

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Meta drops NFT support on Facebook and Instagram

Name: Meta drops NFT support on Facebook and Instagram
Uploaded: 2023-03-14T14:38:26.000+05:30
Duration: T00M31S
Channel: Editorji News Desk
Description: Facebook and Instagram will no longer support NFT transactions.

Facebook and Instagram will no longer support NFT transactions.

Updated: Sep 02, 2022 10:53

Editorji News Desk

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Meta drops NFT support on Facebook and Instagram

Meta, the parent company of Instagram and Facebook, has announced that it is winding down support for NFTs on its platforms.

A company executive said in a tweet that Meta would now focus on other ways to support creators, influencers, businesses and people.

Though no explanation was given for the decision, it follows the shut down of Meta's crypto-wallet Novi last year which was also expected to get NFT support eventually.