Many people think that a persistent, online, 3D virtual world called the metaverse will play a significant role in future digital experiences. Both "the Internet of experience" and "the 3D Internet" have been used to describe it. It is closely related to the idea of Web3 and is thought to be a future version of the Internet where people will work, meet, play games, and interact virtually. The phrase first appeared in Neal Stephenson's science fiction book Snow Crash in 1992, where it was used to refer to a parallel virtual and physical cosmos. Virtual reality, augmented reality, and mixed reality are all present in the novel's metaverse. Though those technologies are still in their infancy, the hypothetical metaverse already exists in part. Numerous IT firms are working on various iterations of the virtual worlds, which some refer to as the metaverse while others are hesitant to use the name. Some contend that the most influential early manifestations of the metaverse were video games. Although it is not necessary for any metaverse to work, blockchain technology can be a fantastic fit for one. With the use of blockchain technology, digital economies can operate with their own money, utility tokens, and virtual collectibles (NFTs), which users can own and simply trade among many metaverses. To give customers more control over their virtual commodities, the metaverse would also benefit from the use of cryptocurrency wallets. Additionally, blockchain technology can offer trustworthy and transparent governance mechanisms for upcoming metaverses.