If you are living anywhere on this planet, you heard the “hot goss” about Facebook rebranding to “Meta” and Microsoft’s ambitious plans to build the Metaverse. The “Metaverse,” is a multidimensional opportunity that promises realistic digital avatars while NFTs become the future of ownership deeds. It borrows from “Snow Crash,” a 1992 sci-fi novel by Neal Stephenson.
Covid-19 altered lifestyle behaviors as we acclimated to a 360-degree virtual shift by zoom-working and app-socializing, without FOMO. The Metaverse provides new technology that is an immersive experience and not just visual, with 3D simulations and realms wherein we can discover, develop, interact socially and do business. Here users get to participate in play-to-earn virtual games (think The Sandbox), create art, attend courses, or even date. Tinder’s Match group is planning a dating “Metaverse,” an avatar-based simulation virtual app; imagine if you could hop to a bar and meet a hot date hundreds of miles away. Are you thinking The Matrix yet? Like a sci-fi thriller, the Metaverse is a multiverse where virtual reality (VR), augmented reality (AR), and extended reality (XR) converge with the physical world.
The good news for investors is that you can already gain investment exposure to the growth of the Metaverse.
Metaverse Stocks, Tokens, ETFs, and NFTs
Currently, you can invest in the Metaverse through a variety of investment vehicles, including stocks, ETFs, digital tokens, and NFTs.
1. Meta Platforms Inc. (FB)
Metaverse segment: Hardware and apps
Market value: $985.92 billion
Mark Zuckerberg wasn’t kidding around when he said Facebook was ready to evolve with the Metaverse. All the hype aside, repositioning Facebook to Meta, was a smart move, even the Metaverse stocks soared. Recently, the company invested $50 million to build the Metaverse with a focus on VR and AR. The vision is to develop hardware for Oculus VR headsets and also AR glasses and wristband technologies. They want to reach as many users as possible. Without a doubt, this concept puts them on the front line of technological evolution and probably makes Meta one of the best Metaverse stocks to invest in.
2. Nvidia Stock (NVDA)
Metaverse segment: Infrastructure
Market value: $546.55 billion
Known as the entity that produces graphics and video processing chips applied in high-end computing servers, Nvidia also has interests in supercomputers, AI, and VR applications. Nvidia Chips are most likely to power up the Metaverse with a large amount of processing power. In a bid to grow the Metaverse, Nvidia has driven the Omniverse digital platform for virtual collaboration and simulation. Nvidia carries a favorable growth Score and a top Zacks Rank.
3. Microsoft Stock (MSFT)
Metaverse segment: Software
Market value: $2286.11 billion
When it comes to a safe bet then it’s got to be Microsoft, the old guardian of the emerging Metaverse. Recently, Microsoft CEO Satya Nadella announced the company was working to build an “enterprise Metaverse.” It is building on the IoT platform, cloud computing, digital twins, and mixed reality to develop the future of the company’s professional software and market leadership. Microsoft has introduced cutting-edge development like sensor technologies, edge computing devices, and a few key cloud computing tools like Azure IoT, Azure Digital Twins, and Azure Maps.
4. Roblox Stock (RBLX)
Metaverse segment: Virtual entertainment platform
Market value: $43.5 billion
You may wonder how this one figured on our list but wait for it. Roblox is a one-of-a-kind online entertainment platform that enables people to develop games. The platform has 202 million monthly active users, a substantial increase from last year’s 146 million. Early this year, in an investor presentation, the company’s CEO David Baszucki named the Roblox team “shepherds of the Metaverse”. Age is not a bar on this platform as in the CEO’s own words, “Roblox welcomes 6-year-olds and, at the same time, welcomes 30-year-olds.”
Finally, Roblox perceives its platform as a space for both fun and games with engaging experiences, like concerts. Roblox has observed growing revenues on its platform and business model. As of October 2021, their market cap stands at $43.02 billion. Considering these figures and burgeoning user statistics, the RBX stock should be a priority investment for your portfolio.
5. Roundhill Ball Metaverse ETF (META)
Metaverse sector: Finance
Market value: $148.8 million
The Roundhill Ball Metaverse ETF offers exposure to the growth of the Metaverse by tracking the performance of the Ball Metaverse Index (“META Index”), which is composed of a basket of stocks that are actively developing products and services geared towards the Metaverse.
6. LAND in Decentraland (LAND)
Metaverse sector: Virtual real estate
Market value: $43.5 billion
Decentraland created quite the buzz when investors started making profits of more than 500% from trading in digital land back in 2018. Recently, an NFT token of a set of land in Decentraland traded for a mind-boggling $913,808 worth of MANA, the virtual world’s native token.
Created by a group of developers in Argentina in 2016, Decentraland is one of the first virtual multiplayer role-playing games on the Ethereum blockchain. Whereas you cannot stay or visit here physically, you can buy and sell land in Decentraland—a virtual world. Ownership of Decentraland virtual properties is readily transferable and prevents fraud. Each NFT token cannot be forged or duplicated.
7. The Sandbox Token (SAND)
Metaverse sector: Virtual games
Sandbox is a virtual world in which players build, own, and profit from their gaming experiences. The action occurs on the Ethereum blockchain applying the platform’s utility token.
BONUS: Metaverse Index Token (INDEX)
Metaverse Index Token has been designed by Index Coop. The Index Cooperative token is the primary governance token of the Index Cooperative. On this platform, investors can purchase the index, to get access to tokens available in the Metaverse category.
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