While most of us are trying to grasp what the Metaverse is and what it will entail, a few big entities have already begun their journey into it. A question that anyone who is aware of the Metaverse raises - “Why is there a hype for a world which is only virtual?” Both Facebook and Microsoft are now making claims for having developed assets for the digital world. Metaverse can be simply defined ‘as a digital realm populated by virtual representations of people, places, and objects’. It is resultant a hybrid of many technological aspects, such as virtual and augmented reality.