The Metaverse originates from science fiction and refers to a virtual space that exists perpetually and operates online around the clock. Its features include immersive experiences, blockchain-backed digital asset ownership, a decentralized economic model, and interoperability across multiple platforms, allowing users to move freely between different virtual environments and participate in diverse activities.
The Metaverse combines blockchain technology to ensure asset security, while virtual and augmented reality provide users with real interaction, and AI drives intelligent agents and virtual avatars. Platforms like Decentraland and Sandbox establish native tokens and land economies, supporting users in cross-chain migration of identities and assets.
Web3 is the underlying infrastructure of the Metaverse, providing decentralized identity authentication, data ownership, and smart contract support; while the Metaverse is the immersive digital world realized on Web3. The two are closely intertwined and indispensable.
The Metaverse has been widely applied in fields such as distance education, virtual concerts, digital fashion, virtual real estate, and DAO governance. However, technological barriers, device costs, market speculation, and regulatory uncertainty are all obstacles to its widespread adoption.