Many Web3 traders’ top goal is investing in the metaverse, though not many know the intricacies of purchasing stock or land in a virtual environment. Some Metaverse appliances include augmented reality platforms, social media, and popular Web3 dating apps.
Investors interested in supporting Metaverse companies might be interested in purchasing Metaverse stock.
Today, we’ll teach you how to invest in Metaverse stock so you can reap the benefits of Web3 for yourself:
What is Metaverse stock?
There’s an estimate that the global metaverse market could collectively reach a worth of $800 billion by the end of 2024. That’s because many big tech companies are attempting to gain control over the Metaverse and understand the consumers of its technology.
Purchasing Metaverse stock means purchasing stocks for a company active in the Metaverse. Since the Metaverse itself isn’t a company and is more akin to a service provided by a company, this means that to purchase stock, you’d use a stock exchange platform instead of a cryptocurrency exchange.
The Metaverse doesn’t have a Web3 version of the stock market (yet), but you can purchase shares of Metaverse-based companies or tech companies with investment in an active Metaverse.
To make it easier to understand what kind of company would invest large sums of money in the Metaverse, we compiled a list of possible candidates:
VR hardware companies produce equipment for customers to enjoy an immersive experience in a Metaverse. Many of these create headsets and hardware to incorporate sensory experiences in Metaverse dwellers. One of the most famous VR hardware companies out there is Oculus VR, which develops headsets and other devices that can be integrated with Metaverse platforms.
3D creation companies are the architects of the Metaverse’s scenery. They create items that can be bought and sold among Metaverse residents and the models for avatars and venues within the metaverse.
Cybersecurity companies provide security inside a Metaverse, protecting Metaverse dwellers’ finances, activities, and privacy. As more people join a Metaverse and take on Avatars to protect their real-life identities, the risk of being doxxed increases.
Why invest in Metaverse stock?
Investing in Metaverse stock is a long-term investment, unlike most crypto and NFT investments. That’s because traditional stocks take longer to provide monetary benefits than crypto or NFTs, but that also comes with a lower level of risk.
NFTs are much more volatile than stocks, a disadvantage that prevents many Web3 traders from dipping their toes into the murky waters of crypto. If public interest in the Metaverse grows, more people will purchase Metaverse stock, driving their price up. The Metaverse stock trader invests in these companies early on to reap the benefits once the Metaverse explodes in popularity.
When you invest in Metaverse, you’re investing in the development of Web3 and possibly reaping future benefits from its increased growth in popularity without risking the volatility of crypto and NFTs.
Here’s a short list of Metaverse stock companies you can safely invest shortly:
Meta
Meta Platforms (NASDAQ:FB) is Facebook, Instagram, and many other tech companies’ parent companies. It used to be known as Facebook, but as part of its rebranding strategy to cater to the Metaverse demographic, it renamed itself in.
Meta is responsible for bringing the Metaverse trend to investors’ minds, with much of the company’s revenue generated by the ad system on their social media platforms.
Meta was going to launch its own Metaverse to compete against Decentraland and The Sandbox but hasn’t yet released any updates on the projects’ activities.
Currently, they are investing in creating software for augmented reality and virtual reality appliances.
Nvidia
Nvidia (NASDAQ: NVDA) is the inventor of the GPU, a company that creates interactive 3D graphics software. They’ve recently made headlines for investing several million into the Metaverse with their expanded Omnivores Platform.
NVIDIA Omnivores is the world’s first collaboration platform designed to use the Metaverse simulation and integrate Blender and Adobe to open it to more users than ever.
Blender is an open-source 3D animation tool that enables artists to use Omniverse production pipelines, allowing them to work together in real-time through a shared virtual world from wherever.
As the Metaverse grows in popularity and Nvidia invests more money into its Omnivores platform, so will grow interest in purchasing Nvidia shares as a type of Metaverse stock.
Roblox
Roblox (NYSE: RBLX) has become one of the most popular Metaverse platforms and companies, reaching a £38 billion market cap. Roblox was first analyzed as a go-to platform for the Metaverse as many musicians had already hosted virtual concerts on Roblox, and Nike had created a Metaverse experience there to launch their digital apparel.
Roblox features elements of discovery, games, and creator economy thanks to the use of design tools, commerce, asset markets, and workflows.
Unity Technologies
Unity Technologies (NYSE:U) is a video game software development company best known for the creation of Unity, a licensed game engine used by developers and gaming studios to design video games from the ground up. Their platform can be used to create two-dimensional, three-dimensional, and virtual reality video simulations.
Unity has expressed commitment to developing the Metaverse on their website. They seek to power the Metaverse through their real-time 3D technology and provide continuous education for creators and decision makers to prepare their community for the advent of the new digital reality of Web3.
Final words about Metaverse stock
Although the Metaverse doesn’t have its own Web3-based stock market, that doesn’t mean you can’t purchase stocks for companies active in its development and related hardware.
Instead of using the traditional cryptocurrency exchanges to invest in Metaverse stock, you’ll need to purchase shares in Metaverse companies the traditional way.
If you want to learn more about What are NFTs and how they work, be sure to read our other guides here.
