acebooks presence in what some hope will be a decentralized metaverse, however. Yat Siu, founder and chairman of notable metaverse investor Animoca Brands, told Decrypt last year that tech giants like Facebook and Tencent are a threat to an open, interoperable, blockchain-powered metaverse.
Date: Aug 04, 2022
Meta Discussing Creating Tokens for Facebook's Metaverse: Report
Yat Siu, executive chairman of game publisher and venture capital firm Animoca Brands, told Decrypt in October that Meta represented a "threat" to the open metaverse. In January, Siu doubled down, telling Decrypt: "Facebook is looking to build a closed metaverse, one where they control the data and