For Immediate Release July 27, 2023 - ModNFT.io, a new project intended for Photography, Modeling, Fashion and Branding industries is being launched in response to wider mainstream adoption of crypto currencies and digital assets. The project’s intention is to promote networking and collaboration between creators to promote and ignite revenue streams in the Web3 arena for creators.

Meta has decided to abandon support for NFTs on Instagram and Facebook. This, less than a year after Meta founder Mark Zuckerberg announced that NFTs would be coming to Instagram.

This makes one wonder as to why Meta has made this decision. As we know, Meta and other large internet companies are intensely profit driven. Are they indicating there is no money to be made with NFTs?