You couldn't escape because everyone is talking about it: the metaverse. To give you a simple definition, understand that it is virtual world – a bit like what we see in video games, by the way – but without precise rules. These are worlds where “players” roam freely to carry out all kinds of experiments.
If the metaverse seems to be the big investment trend, this can be explained for several reasons. On the one hand, the popularity and use of metaverses is ever greater among the population. The social and immersive experiences that the metaverses provide us offer a new alternative to our use of the internet. We are - in a metaverse - free to do whatever we want. This escape from reality seems to be what interests the most people.
On the other hand, the commercial opportunities which are developing there are very existing for different companies and in particular fashion brands.
Some examples of concrete actions in the metaverses
Imagine, for example, a work meeting. Currently, you have recently become familiar with - with the covid crisis in particular - meetings via webcam software such as zoom. Through our interposed screens, we see our interlocutor. It's face-cam and we can easily communicate, that's a fact. Let's admit that it's a rather average experience and everyone is easily embarrassed.
Imagine the same meeting in the metaverse. We would not have our faces on the screen but our 3D avatars in the same room. We will really have the impression of being together, of establishing the same eye contact but above all of being in the same room.
This is the fundamental contribution of the metaverses.
It's the same thing with learning, if a teacher is giving a lesson on the Pharaohs and ancient Egypt, a simple click and the entire class will be projected into Egypt in the setting of the Temples of the Pharaohs...See?
Why are businesses interested in metaverses?
Then, more fundamentally, everything that is exchanged, bought and sold in real life could be done on the Metayers via the use of NFTs for example. All the experiences lived in the real world can even be transposed into the virtual world of the metaverse.
Recently, rapper Snoop Dogg even launched its collection of NFTs so that holders can participate in special events like concerts. Ariana Grande's Fortnite concert could be a commonplace in the metaverse.
Yes, the possibilities are endless.
Grayscale, the famous investment company that invested in the token MANA from Decentraland estimated that revenues could exceed $400 million by 2025. Today, the metaverse market is worth $180 billion.
Moreover, on Decentraland, multiple spaces and experiences are emerging. We can cite the Sotheby's art gallery which opened a virtual gallery Decentraland. You can then visit the digital works of art.
Brands like Adidas, Nike, Puma or even Gucci have created specific NFT collections or purchased plots of land in the metaverses. It is also virtual real estate that is most popular.
How to invest in the metaverse?
Investing in tokens and NFTs:
To invest in the metaverses, there are several ways to do it. Typically, an avid reader of this newspaper who already knows cryptos and who has invested in them has certainly already invested in metaverse. Buy the MANA token for example (the native token of the metaverse Decentraland) is actually an investment in itself.
Others will buy plots of land like on the Pavia metaverse on Cardano for example, this is the same process except that it is NFT. The idea is to invest to gain capital gains over time. This is a bit of what we all do on a basic level when we are interested in cryptocurrencies.
Here is a small sample of metaverse tokens in terms of market cap:
👋 You can buy cryptos on Binance
Investing in companies linked to Metaverses
There are other ways to invest, such as investing in the shares of companies that operate directly or indirectly in the metaverse. In this case, we invest in companies such as NVIDA (NVDA), Autodesk (ADSK), Cloud Fastly (FSLY) or other companies in the website 3.
To invest in stocks, there is Capital.com platform or, Bitpanda which turn out to be two very good platforms for this type of investment.
There are also indexes invested by investment companies like Roundhill Ball Metaverse ETF.
There are lots of ways to invest in sharecroppers near and far. You can also simply spend time on it as a user in order to gain as much experience as possible. Here too, gaining skills is an equally intelligent and sustainable way of capitalizing on your time and knowledge.
The demand for consultants is ever greater in this sector.
In any case, there is no shortage of investment opportunities, you will agree. It is now necessary to invest in the good cryptos of the most promising metaverses there are.
It is also good, and this is how we close this article, to fully understand the risks of investing in cryptocurrencies on the one hand and of investing in the metaverses on the other. Always do your research. The best thing is to diversify your portfolio.
Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.
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