In the metaverse, users create UGC (User Generated Content) and it is a commodity which is distributed through a crypto currency.
Since 'Second Life' released by Linden Lab, an IT Venture in the United States, has grown in popularity, an interest in the metaverse has grown together overtime. Meanwhile, the metaverse world has been defined to describe mainly as virtual reality, but now the word metaverse is used to describe more advanced virtual world of things.
This term originated from a novel 'Snow Crash', written by Neal Stephenson in 1992, where different characters in virtual space interact with the agents of software (as avatars), whether socially or economically, and interact with each other in the real world. Metaphorical term, but refers to a world that transcends time and space without any physical limitations.