Today we will analyze the publicly listed companies that are currently building the Metaverse. Why? Because if they achieve their goals, the return on investment will be more than pleasant.
The metaverse is a virtual world in which a real economy is established. The word “Metaverse” is made up of the prefix “meta” and the stem “verse”; the term is typically used to describe the concept of a future iteration of the Internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe. This one can be intended for games, meeting places, everyday places (real-life job realized in the metaverse). One or more currencies are often associated with a metaverse provider. This currency is most often governed by the blockchain.
COMPANIES TO INVEST IN THE METAVERSE:
Facebook has created a team dedicated to the “metaverse”, that is to say a “meta universe” where real and virtual merge until they merge, a vision of science fiction already present in video games. The metaverse embodies the future of the social network, according to its founder, Mark Zuckerberg. “My hope is that in about five years (…) people will see us as a metaverse company first and foremost,” he said in an interview with The Verge last week.
The new ambition of the Californian giant will depend on its virtual reality (VR) and augmented reality division, “Facebook Reality Labs” (FRL), headed by Andrew Bosworth, responsible in particular for Oculus immersive headsets, mainly used for entertainment purposes… for now. People from Instagram, Facebook Gaming (video games) and Oculus have been recruited.
Roblox:
Starting in 2004, Roblox is a California-based public company valued at approximately $50 billion. Following its IPO in March 2021, it immediately placed itself in the top tier of gaming companies on the US market in terms of capital. It is a virtual platform with over 42.1 million players daily, 67% of whom are under 17 years old.
You can log in from your phone or computer and create your avatar, meet your friends and play games. Roblox contains a multitude of games, approximately 40 million to be precise.
Players can use real money to buy Robux and get all kinds of accessories or exclusive access in the game. And like all platforms offering content, users are the primary creators. A creator can offer an experience to other players without even having to learn to code thanks to the Roblox creation studio. Some of these games are now so popular that they have been played billions of times by the community, including the massive Adopt Me! After some reading, it sounds like a game where you birth and grow animals on an island…
Unity Software Inc. (U)
Unity Software operates and owns a great number of 3D video game engines. These allow designers to customize video game players’ moves and interactions for themselves and other players. Unity might be one the front leading companies that help people and businesses build extensive metaverse foundations.
This would essentially be the same as running a website or certain social media for the purposes of profiting in today’s world. Unity Software Inc has live functioning virtual model at Hong Kong International Airport is a great show of its capabilities. This little introduction should be enough to consider Unity Software as one of your top priorities as the possible stock to buy into.
With that in mind, here are 6 other virtual reality stocks to buy for the big metaverse move:
- Sony (NYSE:SONY)
- Microsoft (NASDAQ:MSFT)
- Nvidia (NASDAQ:NVDA)
- Unity Software (NYSE:U)
- Alphabet (NASDAQ:GOOG,GOOGL)
- NexTech AR Solutions (OTCMTKS:NEXCF)
INVEST IN VIRTUAL ELEMENTS OF THE METAVERSE
THE VIRTUAL LANDS
Virtual lands are pixel plots belonging to a virtual world. These are for sale and can be rented. This creates a real economy around the virtual world. It’s like real estate but virtual. The idea is to invest in the lands of the virtual world that has the most chance to be used. Here is a selection of virtual land that you can buy:
LAND OF DECENTRALAND
Decentraland is an open-source interactive virtual reality platform in which users can buy, use and build on virtual land. The system guarantees its users full ownership rights as well as a permanent record of ownership on the Ethereum blockchain.
LAND OF THE SANDBOX
The Sandbox is a virtual game space based on the Ethereum blockchain, allowing creators and players to design digital assets, play games and monetize them without any central authority. In other words, The Sandbox Metaverse is based on blockchain technology and is fully decentralized.
LAND OF SOMNIUM
Somnium Space had a basic avatar creation solution, the addition of Ready Player Me greatly expands the customisation options for users. It also enables Somnium Space users to utilize the avatar apps’ most interesting feature, the ability to create a character simply by uploading a selfie.
https://opensea.io/collection/somnium-space
INVEST IN CRYPTO BEHIND THE METAVERSE
Virtual worlds always have an associated currency. This currency governs the economy of the virtual world. Investing in the crypto currencies of tomorrow’s most popular worlds will give you a very nice return on your investment.
CRYPTO OF ROBUX
Roblox is an online game creation system in which the majority of content is created by “amateur” game makers. These game makers are able to create and publish games in the community using simple tools. And that means they can try out ideas that would not be funded for a commercial version.
