In Episode 4 of Metaverse Mogul, we take a deep dive into the historical context and evolution of virtual worlds, tracing their development from the early days to the modern Metaverse. We begin with the introduction of text-based virtual worlds like MUDs in the 1970s and 1980s, followed by the emergence of online communities and graphical worlds in the 1990s, such as Habitat and The Palace. The 2000s saw the rise of 3D virtual environments with platforms like Second Life, emphasizing user-generated content and virtual economies. The 2010s ushered in the era of Virtual Reality, with significant advancements in VR technology and the growth of immersive platforms like VRChat. We also highlight key technological advancements in computing power, networking, blockchain, and immersive technologies that have driven the evolution of the Metaverse. Join us as we explore how these milestones have shaped the dynamic and interconnected digital frontier we know today.