Too Long; Didn't Read
When Mark Zuckerberg announced Facebook’s rebranding to Meta, ‘A metaverse company,’ it signaled that metaverse technology could reach people in all walks of life. However, decentralization is a permissionless blockchain architecture, meaning anyone can come and build metaverse applications and acquire metaverse real estate and assets. One organization, Meta, has a centralized approach that will likely be incompatible with a truly decentralized metaverse.