BREAKING: Instagram to end it's work on NFTs


A while ago, Instagram announced that it would be ending its work on NFTs. Through twitter, Commerce and FinTech Lead at Meta Stephane Kasriel , announced that all  features supporting NFTs would be disabled.

In his own words he says “We’re looking closely at what we prioritize to increase our focus. We’re winding down digital collectibles for now to focus on other ways to support creators, people, and businesses,” he tweeted. Kasriel didn’t offer any justification for the decision, but said that creating financial opportunities for creators “remains a top priority.”



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