Meta, the company formerly known as Facebook, is enabling creators to mint & sell Polygon-powered digital collectibles on & off the Instagram platform for the first time ever. Instagram intends to provide a number of NFT-related services that will let creators create, sell, and display non-fungible tokens (NFTs). NFTs are unique blockchain tokens that Meta […]
Tag: Meta
November 4, 2022
October 28, 2022
Meta Lost Billions According to New Report
Meta, the parent company of Facebook and Instagram, reported significant losses for the third quarter of 2022. On October 26, Meta announced that its metaverse division, Reality Labs, lost over $3.67 billion. In Q2 of this year, the company lost $2.8 billion. Dave Wehner, the tech giant’s outgoing chief financial officer, commented that Reality Labs […]
