So far this year, the Meta company has seen its shares and stock market value fall by 46 %, which could cause the company that owns Facebook to fall out of the top 10 in terms of capitalization.
Meta manages a business model which is based on the possession of user data, for them the more they have the better to carry out monetization through ads. However, what is targeted with the use of Web3.0 is precisely decentralization, which would allow users to enjoy anonymity.
The business of the company that owns Instagram does not have a simple or viable way to expand to the decentralized version of the web and, therefore, it would be less effective.
With the use of this technology, not only decentralization will be seen but also a new series of developments that propose to change the way in which communications are handled in the world.
The metaverse encompasses a multisensory and immersive experience on the internet so that we can use tools that already exist in the gaming sector for various daily tasks. Although it is an innovative proposal, according to industry experts, the technology is not yet fully ready to support this leap and, in any case, there are still necessary improvements in peripherals to be achieved.
K. Tovar
Source: Cointelegraph
