If you are interested in technology, you will undoubtedly already be aware of virtual reality or VR. VR is not a new type of technology.
Indeed, VR in one form or another has been around for several decades. Despite this, many experts believe that this form of tech is still in its infancy. There are still so many potential applications left to unlock.
VR games that are released today are often described as nothing more than tech demos. However, developers are interested in taking VR further and creating a fully virtual world that people can live in and experience. This is the concept that people are referring to when discussing the metaverse.
What Is The Metaverse?
The metaverse doesn’t currently have a set definition. However, in the simplest form, it is a shared virtual environment. Theoretically, through the metaverse, people could live, play and grow together in this shared world.
Forms of metaverse gaming experiences already exist. For instance, the live events and shows that take place in games such as Fortnite are examples of metaverse gaming experiences. The original concept of the metaverse dates back to 1992 in the book Snow Crash.
The book used this concept to refer to a virtual reality experience that individuals could use to escape a dystopian future. Since then it has appeared in other works of fiction including Ready Player One.
Recently, Facebook announced the Facebook Metaverse. This is Facebook’s contribution to the metaverse that countless individuals, teams, and companies are focused on building. Facebook has been pouring a lot of resources into its virtual reality division. To build a stable and thriving metaverse that users can access.
How To Access The Metaverse
To access the metaverse, you will need technology including:
As the metaverse expands, more technology is likely to become available. This technology will likely be focused on ensuring that accessing the metaverse feels more immersive.
What Is Metaverse Stock?
The metaverse does provide the opportunity to both buy and sell digital assets. This can include elements such as:
These options are available in the form of metaverse tokens as well as metaverse NFT options.
There are many ways to invest in the metaverse. However, the easiest is to invest in metaverse stocks.
How To Buy Metaverse Stock
You can purchase metaverse stock similar to how you would invest in any other stock that is available. You simply need to research the companies involved in the creation of the metaverse. Then buy regular stocks of these companies. This is beneficial as it means that you do not need to worry about creating a digital crypto currency wallet.
However, investing in metaverse crypto currencies is another option and is considered vital to the implementation of a thriving virtual reality.
The Metaverse Stock List
The list of metaverse stocks is constantly growing. However, here are some of the most popular and valuable stocks available today. Here for your consideration as a potential new investor.
Meta Platforms Inc (FB)
Mark Zuckerberg, announced Meta, a metaverse company during the Facebook Connect conference. Meta is aiming to transform the way we connect with one another in 2021 by creating something new and revolutionary. Meta is widely tipped to bring a real ecological metaverse community into the world. Although at the time of writing this, Mark Zuckerberg appears to have had a change of mind.Oops!
Meta is also constantly injecting more funds into this concept. Committed to bringing a real virtual world to their users. As such, it is one of the most popular metaverse stocks to invest in today.
Nvidia Corporation (NVDA)
This company is a global leader in graphics technology. The company’s mission is to improve the human computer interactions that occur online. They want to do this in professional and personal environments.
The technology available from the company is tied directly to the future and the continued development of the metaverse. This includes improvements in 3D technology.
Roblox Corp (RBLX)
Experts commonly believe that games are the fastest and easiest gateway to a successful metaverse. Games can serve as a hub that is able to connect the virtual world to the real world.
Roblox has received a lot of attention since it was launched and is continuing to expand, offering new experiences for users. The focus is to ensure that Roblox can be a tool and integrated platform. One that is useful for everything from socialising to work. Future of gaming is intertwined with nfts and metaverse, digital worlds and digital economy.
Unity software creates both engines for mobile games as well as 3D software. Unity software is used in about half of all the 3D content that currently exists in the world today. Its revenue increased by 43% in 2021 and was up to 44% the following year. Unity spends a lot of money on research as well as new developments.
No one should be surprised that Microsoft is fully invested in the development of the Metaverse. The tech giant has been able to integrate them in a variety of products. Including Microsoft Teams, virtual meetings, schools, and the workplace.
Microsoft also launched its own virtual reality headset. However, this has not provided the returns the company expected. The current market share of the company is over $2.2 trillion.
Sea went public as a business just over a decade ago. Since then it has put $6.3 million into funding AXIS. This is a technology that you can wear which supports a full range of motion capture. Refract also purchased Deep Dive Studios which is focused on creating immersive online gaming titles in a variety of different genres.
As you can see, the metaverse stock list is constantly growing. It provides fantastic opportunities for investors who are looking to benefit from this new and exciting tech development. The metaverse is only expected to continue to grow over the next few years. It will become a more significant element of social, educational and business structures.
Megabits and bobs
Virtual spaces are becoming the backdrop for much of our social and business lives. Playing a video game is no longer just a leisure activity. It doubles as a potential business transaction. Meltaverse exchange traded fund rates and metaverse latest market cap.
Nft projects are becoming a rewarding investment for artists, gamers, musicians and a broad spectrum of creatives and investors alike. While playing a game, people can create and own their own character NFTs or even sell them. Monetising on the metaverse is very much widespread and set to continue.
As Kitty Horlick is a Metaverse and Web3 thought leader, founder at Blackwood, a director at Rarify.
Kitty says ‘NFTs are revolutionising provenance, certification, and authenticity, particularly for digital assets…”
Famous last words
We live, work and socialise in the virtual world. A world where you don't need to be a finance expert to invest in the right stock. Nor do you need to be Michelangelo to create an inimitable work of art, with a distinctive style. You also don't necessarily need to drink pages of code to create a digital asset.
Metaverse has the power to empower and democratise the digital economy.