Projects that are backed only by the community and fully decentralized will always win, anything that has to do with one man power people will start walking away from such, it's why BTC is very powerful today, same as few others and that's why I believe that Facebook meta will fail in near future, it's like taking over the world with just one man sitting on the top, kinda centralised shit
Well, meta by Mark Zuckerberg is a great competitor for the market itself. I don't think that anyone could out perform their engineers in terms of innovation in the coming years. Maybe he saw that virtual reality is the next big thing and he wants to expand his company to that space. Centralisation in the other hand is nothing to do with his future failure. In my opinion, I think that meta would fail if they dont satisfy its consumers like facebook did. Added by regulations and lapses they made through their advertisement. These are the ones that could potentially cause its failure.