* Our Parent Company Crypto Token is LIVE!!! *Flag Token

Breaking News: Meta says good bye to NFTs – Is This the End of the Digital Art like Bored Ape?


Share post:

NFTs have been one of those “flare” type technological fads, which turn on quickly and very flashy, but in less than a heartbeat, it turns off completely (and you turn another one on again). Something that some technology companies have already realized, such as Meta, the parent company of Facebook and Instagram, which has decided to get off the bandwagon of this technology.

“For now, we are putting an end to digital collectibles (NFT) to focus on other ways to support creators, individuals and businesses. Many thanks to the partners who joined us on this journey and are doing great work in a dynamic space,” Stephane Kasriel, Meta’s director of commerce and financial technology, stated on his Twitter account. “We are proud of the relationships we have established. And we look forward to supporting the many NFT creators who continue to use Instagram and Facebook to amplify their work.”

Read more…


Related articles

Common Cents Coin Creates a Blockchain Community for … – Cryptonews

Common Cents Coin Creates a Blockchain Community for ...  Cryptonews Read more...

Binance NFT Extends Zero Fees, Gas Promotion for Ethereum, Polygon Collections

The community-centric meme token allows users to earn passive income by simply holding its native token on Core...

Queen Maxima of the Netherlands in Morocco to Promote Digital Financial Inclusion

Queen Maxima of the Netherlands is currently on a four-day working visit to Morocco to promote fintech, the...

Fidelity And BlackRock Are Quietly Laying The Groundwork For The Next Bitcoin, Ethereum And Crypto Price Bull Run

Bitcoin BTC , ethereum and other major cryptocurrencies are currently trading far below their all-time highs—though one...