Syndika reposted this
Meta Will End Support for NFTs on Instagram, Facebook Meta is shutting down NFT integrations on Instagram and Meta Facebook, marking the end of its short-lived experiment in digital collectibles. According to Stephane Kasriel, Meta’s focus will shift to other ways of supporting creators and businesses: https://lnkd.in/d5vudeJW For industry watchers, this move reflects a broader trend - Web3 innovation is evolving beyond hype-driven assets: 1. NFTs failed to prove sustainable business value, leading to waning corporate interest. 2. Memecoins followed suit—even high-profile tokens like $TRUMP and $MELANIA are losing momentum. 3. Web3 is maturing. As I’ve said before, in 2025, the focus is shifting to regulated finance, TradFi integration, and institutional adoption. The message is clear: #Web3’s future isn’t about fleeting trends—it’s about building systems that drive genuine economic transformation. Speculation is out, and the next wave of Web3 will be built on utility, not hype.