This document discusses the differences between web3 and the metaverse. Web3 is a decentralized system built on blockchain technology that allows for peer-to-peer connectivity and interactions. The metaverse is a virtual network of 3D worlds focused on social connections that aims to integrate the virtual and real world. Key differences are that the metaverse uses several technologies run together, while web3 only uses blockchain. Both systems could converge in the future as businesses look to expand into both web3 and metaverse spaces using technologies like NFTs.