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The Metaverse is a network that combines aspects of social media, online gaming, augmented reality(AR), virtual reality(VR) and cryptocurrencies to enable users to interact virtually. Facebook CEO Mark Zuckerberg has said that the platform would shift from being just a social media platform to a Metaverse company. Facebook is set to hire 10,000 staff in Europe to build the Metaverse. The gaming industry has shifted from a system in which a large percentage of the earners are developers. The play-to-earn games have their own metaverses with native cryptocurrencies that are used for transactions and receiving rewards.