Metaverse: A persistent virtual environment where users can live, work, and play. Neal Stephenson, the author of “Snowcrash,” said that the metaverse is the natural evolution of the Internet. While I agree, I believe a true metaverse is only possible with blockchain technology, or more broadly distributed ledger technology. A web evolution was not possible before blockchain technology because users had zero property rights and were unable to truly own their digital assets. Because of this, users were not investing the time and money needed to create a true and thriving metaverse. Digital scarcity is another paradigm shift that blockchain has brought to the web. The Internet, as we know it today, is essentially limitless. Anyone can create thousands of websites, make unlimited social media profiles, and share images, texts, files, etc. Now, I believe we are entering the era of the scarce web.