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The Metaverse in Review with Matthew Ball

Building the Open Metaverse

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Web3 Is the Crypto-Based Decentralized Internet

Some of the concept that the web3 in the crypto company stands for are good. This notion of abstracting the ownership of digital goods from a platform is a great idea. But the blockchain is fundamentally, as you said, designed to escape regulation. And there is a fundamental issue right there. If you come across alternative technologies to implement those good values, that abstraction of ownership or that secondary, those smart contracts approach.

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