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Facebook’s centralized metaverse a threat to the decentralized ecosystem?
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Facebook has been planning its foray into the metaverse for some time now — possibly even several years. But it’s only recently that its ambitious expansion plans have catapulted the concept into mainstream headlines across the globe. Renaming the parent company to Meta was perhaps the biggest, boldest statement of intent the firm could make. Suddenly, major news outlets were awash with explainer articles, while finance websites have been bubbling with excitement about the investment opportunities in this newly emerging sector.
However, within the crypto sphere, the response has been understandably more muted. After all, decentralized versions of the metaverse have been in development around these parts for several years now. Even worse,
Read more on cointelegraph.comAbout this in other media
Big Tech poses a threat to a decentralized metaverse, according to the founder of The Sandbox markets.businessinsider.com /2 years ago
The Sandbox co-founder wants to defend Metaverse against Big Tech cointelegraph.com /2 years ago
Here's the 'Metaverse-Ready Sneakers and Collectibles' Creator Nike Acquired cryptonews.com /2 years ago
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