Meta's Web3 hopefuls face the challenge of decentralization and market headwinds
Meta's metaverse aspirations haven't worked out well for the tech giant as the company wiped out nearly five years in market capitalization in just 10 months of 2022.
![Meta's Web3 hopes face challenge of decentralization and market headwinds](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvMjgyZjljNmMtODUzMS00NzZjLWFkYjQtY2YwYTY4MzE3MmUwLmpwZw==.jpg)
![Meta's Web3 hopefuls face the challenge of decentralization and market headwinds](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvMjgyZjljNmMtODUzMS00NzZjLWFkYjQtY2YwYTY4MzE3MmUwLmpwZw==.jpg?#)
Meta's metaverse aspirations haven't worked out well for the tech giant as the company wiped out nearly five years in market capitalization in just 10 months of 2022.
![Meta's Web3 hopes face challenge of decentralization and market headwinds](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvMjgyZjljNmMtODUzMS00NzZjLWFkYjQtY2YwYTY4MzE3MmUwLmpwZw==.jpg)
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