The week before, Facebook (NASDAQ: ) has been rebranded as Meta and announced its plans to kickstart the development of the Metaverse — an entirely new way of interacting and navigating the internet. It is now that the Metaverse landscape faces a corporate powerhouse worth multi-billion dollars, making its future even more uncertain.

Either way, it is likely that major corporations will play a significant role in shaping the Metaverse. But will it be plagued by the same problems faced by today’s social media giants, or will decentralized platforms and services take center stage?