As a carrier to realize the deep interaction between the physical world and the virtual world，the Metaverse is the product of the new generation of information technology iteration and infrastructure update. In this Metaverse boom，we can not only see the leading layout of Internet giants and technology companies，but also observe the transfer of various capital chasing new trends from the behind scenes. At this stage，the Metaverse has initial functions such as entertainment，education，identity and social attributes. The continuous development of digital economy drives the convergence of Internet technologies and changes in business models，the boundary between the physical world and the virtual digital world will also become blurred. The technologies，products，and business models that are likely to emerge in the future will have an unprecedented impact on the way humans produce. From the scene age to the Metaverse，the iteration，reorganization and upgrading of the way people communicate with each other will provide a new scale，new content and new paradigm for the evolution of media. At the same time，a decentralized economic system is established to build a multi-dimensional virtual digital world parallel to reality.