Put simply, Web3 and the Metaverse are two foundational building blocks for the next evolution of the Internet and online interaction.
Web3 has become a catch-all term for a new and better internet that uses blockchains, cryptoassets and virtual identities to give power back to its users.
The metaverse is a massive, interoperable 3D virtual world that is persistent (still there when you log off), synchronous (everyone experiences it the same way) and able to support an unbounded number of users with their own identities, virtual objects and access to payment systems.
In the metaverse, Blockchain and token-based infrastructure will create the underlying foundations for new economies, governance models and societies.