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To work for everyone, the Metaverse must be decentralized

Published 11/10/2021, 09:58 AM
Updated 11/10/2021, 11:40 AM

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.

What’s in a name? A whole metaverse is what one could be led to believe when looking at the buzz around Facebook’s recent transformation into Meta. In reality, of course, there is more to the new name than that — there is also the whistleblower scandal, alongside the previous controversies tarring the company’s image, as well as the encroachment of rivaling social media platforms that are more popular with young people.

Ariel Shapira is a father, entrepreneur, speaker, cyclist and serves as founder and CEO of Social-Wisdom, a consulting agency working with Israeli startups and helping them to establish connections with international markets.

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