I was (and reluctantly remain) so excited for cryptocurrency and blockchain networks because of this aspect. Broad open networks interoperable at a data level seemed like exactly what is needed to create more dynamic interconnected digital systems. To some extent this is what is happening in the background.
But the obsession with individual experiences, in crypto it is thr scam coins or ridiculous yield products, dominates the conversation. I think this has greatly derailed the other conversations.
Now I worry that we're left with the only other reasonable answer. Facebook builds this infrastructure as their platform and the market ignores all the problems and flocks to it.
Doesn't seem like there are many entities in between these two places that are working on a more robust, and healthy, "metaverse".