What exactly is the Metaverse?
Metaverse is a virtual reality, a 3D environment where you may interact with people and have real-world experiences.
However, at the time of writing, there is no obvious path for how the Metaverse will finally come out. For all we know, the final metaverse might be a completely new environment beyond our current comprehension.
Some think that the Metaverse already exists in the form of the internet, while others believe it is a place where the actual world mixes with augmented and virtual reality.
How Should You Invest in the Metaverse?
Today, there are several ways to acquire exposure to Metaverse’s progress, which I have grouped into four major categories:
- Stocks: These are publicly traded firms that are developing technology, hardware, or infrastructure to enable the metaverse.
- Cryptocurrency projects: These are cryptocurrency projects that are developing the technology or infrastructure that will enable the blockchain-based metaverse.
- Virtual Land: Virtual real estate that may be used to create income in the metaverse.
- NFTs: Virtual assets that might be valuable if the metaverse is built.
List of Companies Investing in Metaverse
- Meta (Facebook)
Facebook is a social networking site where users can engage with one another, develop groups, and socialise while sitting at home. The social networking platform has broken down national borders and allowed people from all around the world to engage with one another.
Facebook has already renamed itself Meta and is experimenting with metaverse technologies. Meta’s objectives range from creating 3D workrooms and virtual workplaces to creating augmented reality glasses.
It has enormous plans for its metaverse goals, such as Horizon workrooms, where users will be able to gather in virtual workrooms. It also manufactures VR headsets and experiments with other universes.
Roblox is a gaming firm based in the United States that was started in 2004. Roblox, an American gaming platform and game development business, is focuses on the construction of metaverse worlds.
Roblox’s metaverse aim is to provide a platform for immersive co-experiences, where people can join together within millions of 3D experiences to study, work, play, create, and interact. Fostering a dynamic community based on shared experiences is key to this ambition and a driving factor in Roblox’s future direction.
Roblox predicts that communication will play an increasingly important role as the metaverse continues to expand and bring people together in new, surprising, and fascinating ways.
The primary goal of Roblox is to build a social platform where individuals can socialise. Roblox intends to provide 3D virtual experiences that are as near to reality as possible. Roblox has just launched a new feature dubbed “spatial voice chat.” People will be able to voice talk via spatial voice chat (the way people do in real life).
Nike, Inc. is a multinational firm based in the United States that specialises in the design, development, manufacture, and global marketing and sales of footwear, clothes, equipment, accessories, and services. The corporation is headquartered in the Portland metropolitan region, near Beaverton, Oregon.
Nike has also just launched Nikeland, a virtual environment powered by the Brainiac Commerce e-commerce platform. This platform enables other technologically oriented merchants and brands to create scalable consumer traffic to their products while also providing a fully managed solution. One can see the future developing with strong vendor/partner support.
Nike plans to recreate the real-life experience in virtual reality. Players will also have the opportunity to wear digitised Nike digs.
It has also released special virtual merchandise to improve the virtual “Nikeland experience.” In the “Nike world,” several mini-games and reward-based games have been released.