Instagram and Facebookon April 11, 2023 NFT support will endand digital wallets announced that it will be deleted.
Marking an era NFT The rush took a big hit over the years. Especially in the days when the crypto money market is falling, N It was observed that the interest and money inflow on the FT side also decreased considerably.
However, Instagram and Facebook became a lifeline by adding NFT support to their platforms. On these platforms, a system containing digital elements was formed and the way for the use of NFT was opened. Finally Instagram and Facebook announced that they will no longer support NFT on platforms.
Instagram and Facebook are on the agenda with the NFT move
Popular social media platforms Instagram and Facebook, on platforms NFT will end its support on April 11.
According to the announcement, digital items on Instagram will no longer be processed and users will not be able to create new posts. In addition, users will not be able to access digital posts.
Moreover, FacebookAnd Instagram will delete data of wallet addresses and other digital items from their platform. With this move, users will not be able to integrate their accounts into third-party wallets.
In platform descriptions, now new digital collection postsIt was stated that the blockchain traces of previous digital collection posts will be deleted and these collections will be moved to the archive.