Home Why such enthusiasm for metaverses, concretely?

Why such enthusiasm for metaverses, concretely?

There's a lot of talk about the #metaverse craze. Here's why everyone's interested

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4 min read

You couldn't have missed it, everyone's talking about it: metaverses. To give you a simple definition, understand that they are virtual worlds – a bit like what you see in video games – but without strict rules. They are worlds where "players" roam freely to conduct all sorts of experiments.

If metaverses seem to be the major investment trend , this can be explained by several reasons. Firstly, the enthusiasm and use of metaverses is constantly growing among the population. The social and immersive experiences that metaverses provide offer a new alternative to our internet use. In a metaverse, we are free to do whatever we want. This escape from reality seems to be what interests 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 his own NFT collection so that owners could participate in special events like concerts. Ariana Grande's concert on Fortnite might seem commonplace in the metaverse.

Yes, the possibilities are endless.

Grayscale, the renowned investment firm that invested in Decentraland's MANA token , estimated that revenues could exceed $400 million by 2025. Today, the metaverse market is worth $180 billion.

Moreover, numerous spaces and experiences are emerging on Decentraland. For example, the Sotheby's art gallery has opened a virtual gallery on Decentraland , allowing visitors to explore its digital artworks.

*Screenshot of the world of Decentraland. The characters you see are real-life avatars.*

Brands like Adidas, Nike, Puma , and Gucci have created specific NFT collections or purchased plots of land in the metaverse. Virtual real estate is, in fact, the most popular type of property.

How to invest in the metaverse?

Investing in tokens and NFTs:

There are several ways to invest in metaverses. Typically, a regular reader of this journal who is already familiar with cryptocurrencies and invests in them has likely already invested in metaverses. Buying the MANA token, for example (the native token of the Decentraland metaverse ), is in fact an investment in itself.

Others will buy plots of land, like on the Pavia metaverse on Cardano , for example; it's the same process, except it involves NFTs. The idea is to invest to generate capital gains over time. This is pretty much what we all do in a basic way when we're interested in cryptocurrencies.

Here is a small sample of metaverse tokens in terms of market cap:

You can buy cryptocurrencies 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 within the metaverse. In this case, one invests in companies like NVIDIA (NVDA), Autodesk (ADSK), Cloud Fastly (FSLY), or other Web 3 companies.

To invest in stocks, there is the Capital.com platform or BitPanda, which prove to be two very good platforms for this type of investment.

There are also indices invested in by investment companies such as 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.

To buy cryptocurrencies (in a simple way) :