Sandbox Co-Founder: Big Tech Companies Pose a Threat to the Decentralized Metaverse

Sandbox Co-Founder: Big Tech Companies Pose a Threat to the Decentralized Metaverse

February 23, 2022 0 By Keith Jacobs

Sebastien Borget recently told the media that big tech poses a threat to the new Metaverse ideology. He claimed that the central idea of Metaverse is not completely aligned with its original decentralized properties. Recently, two giants, Facebook and Microsoft, got formally started into the Metaverse following a big rebranding transition.

Borget is one of the co-founders and COO of the Sandbox project. He claimed that he is hoping that the new Metaverse is going to be operated by the users and the stakeholders rather than getting dictated by Big Tech companies. He also claimed that the attachment of big names directed massive traffic into the Metaverse, but it was at the expense of the users at large.

Sandbox is an NFT play-to-earn blockchain gaming platform. Recently, the project reported hosting 30K active users monthly. With technology like NFT, the gaming avatars in Sandbox can switch assets and appearance moving between different setups like Roblox and Fortnite without the interference of a third-party application.

Commenting on the subject, Dapper Labs CEO Roham Gharegozlou recently posted on Medium that the open-Metaverse will be highly interoperable. He also claimed that the users on this platform prefer that this software is transparent and deployed on public blockchains. The use of private servers will expose the Metaverse to exploitation and manipulation.

The Sandbox platform co-founder Borget made it clear that he wishes to see an open-sourced Metaverse available to all stakeholders. Recently, Facebook came under fire from government regulators and the public for allegations of data manipulation to topple the US Election results.

On the other hand, Sandbox plans to avoid any future controversies by incorporating DAO or decentralized Autonomous organization in 2022. DAO will allow the players and users on the Sandbox platform to take part in the decision-making process by voting rights. Borget also added that the platform is trying to educate the people that they should be able to get exclusive rights for digital assets that they have bought with real money.