Metaverse investing – have you ever heard of it before? You’ve probably stumbled upon it when you were scrolling through your Facebook news feed. What does it really mean? And to some extent, why does a giant tech company like Facebook change its name to “Meta”, in the interest of driving the development of this so-called new technology?
In this article, we will explore it together, and try to clear the doubt on whether it is something that you should consider adding into your investing strategy.
Interesting: Learn about Metaverse Investing on Bijak Labur website by VI College Malaysia.
What is Metaverse Investing?
In simpler terms, metaverse investing means that you’re investing either in the development of the metaverse, or its potential output. The metaverse itself is super huge, that it cannot take just a single organisation to make it work.
What is the Component of the Metaverse?
- It Requires the Technology to create a decentralised platform
- It needs to have its own economy
- It needs to enable social interaction
- To access it, you will need a new generation of gadgets/equipments, such as the VR headset. This will allow you to tap into the immersive experience that the metaverse has to offer.
In the metaverse, you can do a lot – gaming, socialize, earn money, and more.
How to Tap into the Metaverse and get Investment Returns
Invest in Metaverse Companies’ Stocks
You can do this in many different ways. The most traditional way is to invest in the companies that are building the components of metaverse. Once it takes off and these companies start to generate revenue off it, so will you as an investor.
Invest in Metaverse ETF
Sometimes, it can be a bit difficult to decide which stock works for you – despite the fact that you believe that the metaverse and a huge potential. If you’re stuck in this scenario, then it’s actually worth considering to invest in a metaverse ETF. At the time of this writing, there is one metaverse ETF that you can explore, which is METV. It is introduced by an ETF company called as Roundhill, which portfolio includes the companies such as Roblox, NVidia, Apple, Microsoft, and more.
Invest in Metaverse Cryptocurrencies
What’s interesting to think now is that you don’t actually have to wait before you can earn from this new-age economy. There are many metaverse cryptos in the market today to choose from. However, not all of it is good, so it’s important that you know how to navigate around. One way to do that is to use websites like Coin Market Cap to screen though the ratings of these cryptos. As a general rule, don’t touch any crypto that has a rating lower than B+.
Buy Metaverse Land
Believe it or now, today there is an entire market for virtual land – and investors are willing to pay big bucks to be neighbours with famous people, like Snoop Dogg. Check out this crazy new: https://fortune.com/2022/02/02/how-to-buy-metaverse-real-estate-snoop-dogg-celebrity-neighbor/.
But yeah, there is a market for it and who knows how far it will go.
Conclusion about Metaverse Investing
The bottom line of this is that, the metaverse is definitely coming, whether you like it or not. The building blocks are there, although it’s true that we are still in a very early stage.
But the early you go in, the bigger the potential return, right? It’s a lot like investing in Apple before they become a trillion dollar company – at least when Steve Jobs was still around.
In any case, all investment carries risk. To learn how to manage these risks better, you can visit Bijak Labur website at https://bijaklabur.com/ for more information.
What’s your take on metaverse investing – do you think there’s a potential, or is it just a fad?