There doesn’t need to be a value return - if it’s fun.

This is fine, for a video game. But the metaverse isn't being marketed as a video game, it's being marketed as a social and utility platform.

Also if it is just a video game then there's nothing more compelling about it than any other video game… and also it's a crappy video game built around microtransactions. It's not fun, it's a dead mall.