WEB3 is a new iteration of the internet that consists of added layers as new technologies emerge and the old become inadequate. Older iterations of the internet combined dial up, server hosting, cloud computing, and other telecommunication components. Blockchain protocols, decentralized ledgers, cryptocurrency, and NFTs are all characteristic technologies that help make WEB3 possible.
The Metaverse combines core technological components in a merged format to provide a more immersed experience of digital reality. It is a suite in the digital space in which users can interact with a computer-generated environment and other users. It supports persistent online 3-D virtual environments through conventional personal computing, as well as virtual and augmented reality headsets. Metaverses, in some limited form, are already present on platforms like VRChat or video games like Second Life. WEB3 tech merged with VR, AR, quantum computing, AI, and the best of what analogue and digital experiences have to offer creates new possibilities in the form of the metaverse, or metaverses.