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The Web3 metaverse is a virtual reality, or VR, enabled version of the internet that is built on blockchain technology. It is a digital realm that allows users to interact, communicate, and conduct business in a fully immersive and interactive environment.The metaverse is decentralized and based on blockchain technology. This implies a distributed network of users and nodes; no single firm or organization runs it. Decentralization improves transparency, security, and accessibility by letting people interact directly.
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