Borget, who serves as the company’s chief operating officer, reportedly told the South China Morning Post that his “biggest consideration” was defending the decentralized metaverse against big companies like Meta, formerly Facebook (NASDAQ:FB).
Users have a say on how a platform or community is being governed in a decentralized metaverse. The COO, however, argues that the business models of these behemoth tech firms go against the tenets of a decentralized internet.
As reported by BTC PEERS, Facebook recently changed its name to Meta, reflecting a full foray into the virtual world. Other tech giants like China’s Tencent Holdings (OTC:TCEHY) and NetEase (NASDAQ:NTES) have also jumped on the trend. Borget opined that the metaverse is disrupting the internet by “bringing down the old guard” using decentralized techs like blockchain and digital assets.
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Source: Cryptocurrency - investing.com
