Meta CEO Mark Zuckerberg said the company would "suspend any revenue sharing" until 2024,

a one-year extension to its previous pledge not to charge commissions until 2023

According to Engadget, creators on Instagram and Facebook will have another year to make money from apps without taking a meta cut in their earnings.

The move will cover the monetization features that creators charge directly to their fans 

- paid online events, subscriptions, newsletters, badges sold during live streams, and Engadget reports.

The company is expanding Stars, a tipping feature in the company app, to more creators and also opening its bonus program for more customers reels.

Meta is also expanding its support for NFTs on Instagram, which began testing on Instagram profiles last month

Currently, this feature is available to most people, but meta has declined to specify how many will now have access.

The company plans to add NFTs "soon" to Facebook and Instagram articles, the report said.