Crypto Updates

Is Facebook Metaverse in Trouble?

Facebook is spending billions to buy up the metaverse - Vox

On October 28 th, 2021, Facebook released Meta, a virtual community where individuals can interact socially, work together, find out, and play. Following its launch, the metaverse platform has been faced with a lot of disadvantages.

According to a current study, including 1,000 U.S. grownups, about 77% of individuals do not desire Facebook’s Meta. That is, an approximated 3 out of 4 individuals suggested that they do not desire a metaverse owned by Facebook. Mentioning the business’s history of information security, security, and stability concerns.

Decentralized or Centralized Metaverse?

Also, 87% of individuals who took part in the study showed their choice for a metaverse on a decentralized network like Cardano or Ethereum. This will ensure users of a trustless, protected, and decentralized environment. Meta might not be able to entirely pull off a genuinely decentralized metaverse.

77% of individuals do not desire Facebook running the #metaverse as 93% back play-to-earn video games: Survey

— Crypto News Flash (@CryptoNewsFlas3) February 5, 2022

Also, there is the problem of leading tech businesses like Facebook and Microsofcontrollingng the fast-budding metaverse environment. About 77% of the study individuals suggested this as a point of issue.

Meta (Formerly Facebook) and its CEO, Mark Zuckerberg, in time have revealed a genuine fondness for monopoly. The business presently owns Whatsapp and Instagram, 2 social network giants, each with more than one billion users. The issue of huge tech businesses attempting to monopolize the Metaverse community is warranted.

Is Zuckerberg Trying to Monopolize the Metaverse?

Zuckerberg hay rejected any claims of attempting to monopolize the metaverse environment. Revealing that, the virtual world will run like the web.

In conclusion, there appears to be a great deal of wonder about Zuckerberg and the whole Meta corporation. Individuals are not sure of what the future holds for the metaverse if it falls under the hand of currently existing tech giants. The uncertainty surrounding Meta and its proposed metaverse platform.

Can Facebook monopolize the metaverse?: Meta Ceo Mark Zuckerberg.|Chip Somodevilla/Getty Images

The business’s brand-new instructions are currently stimulating federal government analysis.

This story becomes part of a Recode series about Big Tech and antitrust. Over the …

— かわた @ マーケター (@wcg5xn) February 16, 2022

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