Payment will still be there but it's not the focus but the actual use case of being a metaverse like you're being inside the virtual world. There would be payments here and there and that's already a given cause since it's related to cryptocurrencies.
Every project is always riding the hype and that's why many of them are thinking of what's going to be the best for them.
I believe, the concept of metaverse has been boosted its possible use case in the market due to pandemic reasons.
To avoid going outside for unnecessary transactions and just enjoy the entertainment at the comfort of your home, now, people have the choice via metaverse experience.
Though it is quite expensive at the start but I think, the price will go down as many companies will join this industry.
In my opinion, it may not be a bubble as it has use case in the entertainment industry and for people who are introverts, this will be a very good avenue for them to have fun without physically interacting with other people.
The pandemic really had played one big part on the growth of the Metaverse projects. Because everyone was at home during the implementation of lockdowns.
The interest for such projects became stronger and that's why the growth of it was enormous and scaled at its best. But that's not yet the peak of it, there's probably more to it or worse, its growth will start to decline.