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Meta’s Web3 hopes face challenge of decentralization and market headwinds

Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Meta’s Web3 hopes face challenge of decentralization and market headwinds

Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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