Meta winds down NFTs but will continue token efforts

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Meta winds down NFTs but will continue token efforts
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'We're looking closely at what we prioritize to increase our focus' – which increasingly means staving off TikTok

Meta has decided non-fungible tokens don't have a future, and will wind down its efforts to support them.

NFTs are crypto-adjacent digital certificates of ownership for digital goods, stored on a blockchain, and were So Hot Right Now in early 2021 when auction house Christie'sfor a digital artwork codified with the tokenized tech.

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