# The relationship between web3 and the metaverse

By [Boring Designer](https://paragraph.com/@juye888) · 2022-06-06

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![](https://storage.googleapis.com/papyrus_images/7265eb4b39bcef2beffd50525367792376be9da6add86d6a214d2d87031b8ee3.jpg)

The conceptual descriptions of Web3 and the Metaverse are so similar that many people think they are the same. In fact, the two are two different concepts. So what's the relationship between Web3 and the Metaverse? What's the difference?

The first thing that needs to be clear is that the metaverse is a grand concept of "universe". The metaverse does not refer to a technology or an industry, but a huge social and economic system or a virtual world. However, building a virtual world is easier said than done. Therefore, many Metaverse related projects are still in the stage of conceptual hype.

So, what should the real form of the metaverse be? Tim Sweeney, CEO of well-known game developer Epic Games, said that the metaverse will be an unprecedented large-scale participatory medium, and all users of XM foreign exchange platform [xmvay.com](http://xmvay.com) can Participate, create, share and profit from it. The metaverse is not the same as virtual space, virtual games, and virtual platforms. It will not be controlled by only one company. Users’ digital avatars can travel freely between different platforms, and everyone will have their own universal identity and universal wallet.

The concept of Web3 is that, for example, people can use avatars to buy clothes in Amazon's virtual store, and then wear the clothes to buy tickets to play in Disney's virtual park, and then send the play records to virtual social media. In this process, people do not need to register different accounts on each platform, do not need to use different settlement methods, do not need any third-party verification, and all data will be recorded in the same digital identity account. The idea of ​​Web3 is to create a more democratized Internet. No single entity can control the flow of information, let alone disrupt the network just because someone who owns the hardware can "pull the plug." In theory, the servers, systems, and networks where applications in Web3 run, as well as where data is stored, will be owned by users themselves, who vote to determine the rules and regulations of the network.

The Metaverse is a virtual world, while Web3 is an idea or vision. The concept of the Metaverse is in the same vein as Web 3, and Web 3 is the cornerstone of the ongoing operation of the Metaverse. The Metaverse has several important elements: distributed databases, encryption technology, edge computing and other underlying technologies. With the maturity of these technologies, we can say that the era of Web 3 is coming. In the end, the above technologies, together with display technology (AR/VR), artificial intelligence, etc., can be said to have completed the landing of the Metaverse.

One reason the two are often conflated is that they do overlap in some very important ways. The technologies used to build Web3, including blockchain and blockchain-based Crypto, such as Bitcoin and Ethereum, and NFTs, have a huge impact on the way we utilize and experience virtual worlds for work, play, socialization, and learning Impact.

![](https://storage.googleapis.com/papyrus_images/166f316b71232c9a875d5ba7d56c97c637c0a3c3848734da8276f1fabff2c831.jpg)

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*Originally published on [Boring Designer](https://paragraph.com/@juye888/the-relationship-between-web3-and-the-metaverse)*