Creator Economy

According to reports, FiNANCiE, a blockchain token issuance crowdfunding service platform, announced the completion of a new round of financing, with retail and financial company M

According to reports, Stephane Kasriel, head of business and financial technology at Meta, said that Meta was giving up its pursuit of NFT. Kasriel wrote in his Twitter post, “We are gradually reducing the number of digital collections (NFT) to focus on other ways to support creators, people and enterprises.” Meta previously said that NFT can help expand the creator economy. Meta is abandoning its pursuit of NFT Analysis based on this information:Meta, formerly known as Facebook, has announced that it will be abandoning its pursuit of Non-Fungible Tokens (NFTs) to focus on different ways of supporting creators and enterprises. The decision comes after the company had previously deemed NFTs as a solution to help expand the creator economy. The news has taken many by surprise, as NFTs had been generating significant hype in the recent past, especially among investors and collectors. Stephane Kasriel, Head of Business and Financial Technology at Meta, made the announcement on his Twitter account. He…