The metaverse is already giving us a wealth of new experiences and has spurred limitless speculation around the many avenues for its future expansion. These possibilities, which are beginning to seem endless, are enjoyable and sometimes even practical for consumers, which means that they have the potential to be extremely lucrative for the companies that implement them.

While the current interactions and excitement around the metaverse relies heavily on realistic fashion shows, concerts, and immersive video games, there are several applications that go beyond pure entertainment.

The profound value of the metaverse lies…