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IMPORTANCE OF METAVERSE, NFT, AND DEFI IN THE BLOCKCHAIN WORLD Metaverse is a virtual world for immersive experiences where people around the world can meet, watch, play and trade. It is a concept of a persistent, online, 3D universe that combines multiple virtual spaces. They have predicted it to be a future iteration of the internet. The metaverse will essentially allow users to meet, work, play games, and socialize with each other in these 3D spaces.