Text is far superior to video for conveying (most types of) information. It's not so great for building individual relationships. An ideal VR metaverse would be focused on the latter.
Often, people's considered thoughts will give a better connection than their offhand comments. Many a great romance or friendship has grown and been preserved by handwritten letters sent via the post.
In thinking about my last comment, what I'd really want in a metaverse is the ability for the participants' thoughts to be scanned, textualized, and edited via thought transfer, then displayed above/beside them, so we can both read and speak about things in real-time, at the speed of thought/reading, instead of speech. It could get really interesting...
It is sooo common to feel that we can't communicate nearly as fast as we think, even when the lot of us are very fast talkers...