As announced on the Novi blog, both the independent app and the integration for WhatsApp will have limitations from 21 July, when subscribers will no longer be able to add money to their accounts. Novi will no longer be available for use after September 1.
Meta recommends closing and converting your cryptocurrency balance "as soon as possible".
Novi was launched in October 2021. It was part of Meta’s ambitious plans to invest in cryptocurrencies. The decision to discontinue and shut down the pilot comes at a critical time for cryptocurrencies, as the downturn in markets intensifies.
Novi's technology will not be abandoned entirely as Meta plans to use it on new products, such as digital collectibles, as it looks towards building the metaverse.
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In evidenza
