1. Background: the intensifying "metaverse fever" When the cyberpunk sci-fi novel Snow Crash was published in 1992, author Neal Stephenson would never have imagined that his concept of a "metaverse" would end up in the 19th century. It will shine brightly in the capital market after the year. On March 10, 2021, as a "metaverse" concept stock, UGC sandbox game platform Roblox (RBLX) landed on the New York Stock Exchange in the form of DPO (Direct Public Offering), with a market value of over $...