Metaverse is a term used to describe a decentralized virtual world where users can interact with each other, create and own digital assets, and participate in various activities. Metaverse is often associated with blockchain technology and cryptocurrency, as it allows for true ownership and control of digital assets and in-game currencies.
Play-to-earn is a gaming model that allows players to earn money by playing games. In play-to-earn, players can earn digital assets that have real-world value and can be bought, sold, or traded on the open market. The metaverse environment is where the play-to-earn model is more commonly used, as the digital assets and in-game currencies can be traded and converted to real-world value, creating a new form of income for players.