In 1994, Katie Couric asked live on the Today show, “What is the internet?” The answer to this question proved to be a pivotal turning point in how we learn, work, play and connect. Flash forward to 2022, and a new iteration of the web has left businesses asking: “What is the metaverse?” Albert Einstein said, “If you can’t explain it to a 6-year-old, you don’t understand it yourself.” Everyone is throwing around the words "metaverse" and "Web3," but what are they exactly?