On Tuesday, Elon Musk’s X wrote about a grand vision for the company in 2024, which includes launching peer-to-peer payments and more AI-powered tools. Amid all this, the company silently removed a feature for paid subscribers. They’re no longer able to set an NFT as a profile picture.
Meta is moving on from more crypto projects, even though NFTs / digital collectibles were once pitched as part of its ‘metaverse’ future. “Across the company, we’re looking closely at what we prioritize to increase our focus,” Kasriel said. “We’re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses.”
In what may be one of the better pieces of performance art this year, Australian Geoffrey Huntley has created a website that promises to let you torrent an entire blockchain’s worth of NFTs. It’s called, appropriately, The NFT Bay, and it’s an almost exact replica of the famous pirating site (with an added cheeky DMCA takedown link). As a site, it seems to do what it says on the tin, but as a statement it could spark an interesting discussion around what it means if you claim ownership over something on the internet.
:format(webp)/cdn.vox-cdn.com/uploads/chorus_asset/file/23951355/STK043_VRG_Illo_N_Barclay_1_Meta.jpg)
:format(webp)/cdn.vox-cdn.com/uploads/chorus_asset/file/23025815/Screen_Shot_2021_11_18_at_14.21.58.png)