Why must you absolutely invest in the Metaverse?

Mobileappdaily
5 min readJul 1, 2022
Metaverse

Imagine a virtual world where people work, shop, and interact with others — all from the comfort of their homes in the physical world. This is known as the Metaverse. Since Facebook rebranded as Meta in October 2021, the nebulous concept that inspired the new name has been a hot topic of discussion.

At that time, the company announced spending $10 billion on technologies to build the metaverse space over the next year.

Although the metaverse is still evolving, technology can revolutionize everything from social media to eCommerce and even real estate. In this article, we aim to help you better understand what the metaverse is and why you should invest in it.

So, without further ado, let’s get started!

What is Metaverse?

Metaverse is an extensive online world that allows users to create their avatars, communicate with each other, work, attend events, and more. Users can also virtually travel through the metaverse for fun with no goal in mind using a virtual reality headset and controllers.

The Metaverse space is becoming crucial because it offers humans a new way to connect and communicate from anywhere in the world virtually. In addition, Metaverse lets you create a real business within the confinements of the virtual land you own.

For instance, you can build and monetize a recreational area where others can come to play a game, open a VR clothing store, and even monetize your skills as a builder in the metaverse by offering a digital creation or architectural structure.

Should you invest in the Metaverse?

‘Can I invest in metaverse?’ This is one of the most asked questions nowadays. According to a report, the global metaverse market is projected to grow from $100.27 billion in 2022 to $1,527.55 billion by 2029, at a CAGR of 47.6% in the forecast period, 2022–2029.

With such a boom in the metaverse industry, organizations have started taking great interest in developing their own metaverse platforms. 2022–23 is a perfect time to invest in this industry as this is the future of technology.

Investing in metaverse also helps you get exposure to new technologies like blockchain, cryptocurrencies, non-fungible tokens (NFTs), and more. Also, there could be significant returns generated for early investors if the metaverse materializes.

So, yes, you can definitely invest in the metaverse space.

How do you invest in the metaverse?

The metaverse may be a difficult concept to understand right now, but it’s worth noting that when the internet first started, it was also considered by skeptics a novelty.

In thi section, let’s take a look at some of the ways to invest right now in the metaverse.

Metaverse stocks

The best metaverse stocks to buy today are companies that are already thriving but whose growth will be boosted by the metaverse. Here are some best stocks for metaverse to consider:

Meta

Formerly known as Facebook, Meta Platforms is responsible for bringing the metaverse trend to the forefront of investor’s minds. Most of the company’s revenue is generated through Facebook and Instagram ads. However, Meta platforms has another part of the business called Reality Labs where it sells hardware devices and VR content. Their Oculus VR headsets have collectively sold more than any other on the market, making Mata a top stock for immersive hardware. It is one of the top metaverse stocks to buy in 2022.

Roblox Corp.

It is one of the best metaverse stocks to buy in 2022 as it is focused on transforming the experiences of people in the digital world. The platform is flourishing in the community of young children with its presence in multiple games. Players can interact and socialize with each other in the virtual worlds. This Metaverse company is gaining popularity because of its engagement with the target audience through an attractive and interactive series of events.

Unity Software

Unity Software is one of the top Metaverse stocks for offering interactive and real-time 3D content. This leading metaverse development company provides a real-time 3D software development platform through augmented reality and extended reality. It recently launched Mixed and Augmented Reality Studio (MARS) to provide creators to build intelligent AR content effectively and efficiently.

Metaverse ETFs

In case you can’t decide which metaverse stock to buy or want greater exposure than a single stock, consider buying a metaverse-focused exchange-traded fund (ETF). One option is the Roundhill Ball Metaverse ETF, launched in June 2021. Its major holdings include Roblox, NVIDIA, Meta and Unity Software. For investing in Metaverse EFTs, you will be required to open a brokerage account.

Metaverse Tokens

Apart from EFTs and stocks, you can also invest in Metaverse Tokens such as Axie Infinity and Decentraland. On that note, below are a few tokens that you can refer to:

Decentraland (MANA)

Decentraland is a virtual world gaming platform wherein players use MANA token to purchase in-game items. These items are minted NFTs, which are unique and have value and can be traded or resold within the in-game economy. Decentraland also offers NFTs in the form of land plots for which users pay large sums of money.

Cryptocurrency exchanges that support MANA trading include Gemini, eToro, Coinbase, and more.

Axie Infinity (AXS)

Axie is a Pokemon-style game where users raise their NFT beasts to battle each other. The native token is AXS, or Axie Infinity Shards, which again is tied into the NFT economy of the broader game.

The Axie Infinity Coin, AXS, is available on Coinbase, Gemini, and several other crypto exchange platforms.

The Sandbox (SAND)

The Sandbox, one of the best metaverse games, is another virtual world where players can create and monetize assets. The Sandbox is Ethereum-based but has its own native token, SAND. You can use metaverse coins to buy or sell land. Like MANA, you can trade SAND on several of the top crypto exchanges.

Final thoughts!

Metaverse will continue to turn into something extraordinary and will transform the way humans interact while at the same time increasing efficiency across the industries.

Facebook Inc, Microsoft, and Google have all invested in cloud computing and VR companies to anticipate the industry’s expansion.

This is a clear sign that the potential of the metaverse is about to be unleashed in the coming years along with the abundance of opportunity, especially for those who are curious enough to explore the space early. You can also consult top metaverse companies to understand all about the metaverse space and enter this domain without any hassle.

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