For All The Daily News, Views, & Trending Stories, Download in60 App Today!
meta-nft-march-2023-in60.jpg Mar 14

Meta Decides To Wind Down Its Work With NFTs

  • Meta’s Commerce & Fintech lead Stephane Kasriel has announced via Twitter that the company will wind down its work with digital collectable NFTs (non-fungible tokens) and focus on different ways to “support creators, people, and businesses.”
  • The decision to scale back work on NFTs comes as the company, across the board, tries to work more efficiently due to a worsening economy.