Web 1.0 was read-only, think AOL. Web 2.0 was all about social media (read/write/create), think Facebook. Web 3.0 is the above, plus 'actual ownership' of assets. On Facebook, "you" don't pay, but are "the product" (read/write/create/own) The metaverse is a new concept of a virtual world where people can interact, socialize, be entertained, get educated and work virtually. Every user will own his/her own data, verified and secured by distributed ledger technology (blockchains). The creators, be they writers, journalists, artists, gamers, bloggers, etc., will be the heroes to whom most of the value will flow (in Web 2.0, it was the Googles, Facebooks, etc.).