Investment opportunities in metaverse that you should know about
The metaverse is a virtual world that constantly breaks the boundary of how we see things and how we interact with people.
The metaverse is more than a passing face and it is here to stay in one way or another. It is important for you as an investor to not miss out on the opportunity on it. By 2024, it is said to become an $800 billion market Industry. let’s look at some of the ways you as an investor can invest in the metaverse.
In 2021, the real estate sales of four major metaverse platforms reached $501 Million and it could reach $1 Billion. Many brands and corporates are spending millions on buying lands on a virtual platform. This is said to be one of the best investment opportunities in the metaverse. People are using these lands for different purposes such as NFT galleries, office spaces, sports betting centers, Venue spaces, concert halls, etc. Each brand and corporation has its vision for the land with its purpose. You can take a look at some of the projects that we have created in metaverse here.
Create, buy and sell NFT:
NFTs are non-fungible tokens; a form of digital ledger, that can be sold and traded. You can create 3d objects and list them down in the metaverse marketplace where you can sell them. If that sounds a bit too complicated then you can just buy NFTs and sell them for a profit.
Virtual food Industry:
McDonald’s has recently filed for a ‘virtual food delivery’ trademark. Where you can order food within the virtual world and get it delivered in the real world. If you have a restaurant and cafe in the real world you might have registered your space on Zomato and Swiggy to drive online traffic to your store. Think of it similarly. You can also collaborate with other companies which host events in the metaverse for additional customers.
Ray-Ban is collaborating with Meta to create smart glasses. Imagine if bulky VR headsets can be replaced by something like contact lenses you can wear all day long. Oculus, owned by Meta, is the leader in headsets, while Nvidia is the leader in GPUs. Many big brands are investing millions in improving technology. This will in turn drive the growth of metaverse.
One of the best investment opportunities in the metaverse is gaming. Gaming according to the experts will dominate the AR-VR investment which will drive the metaverse growth. There are two ways to invest in metaverse when it comes to gaming. One by using in-game assets to play to earn and buying and selling in-game assets.
Cryptos are the metaverse’s mediums of exchange. If you want to be a part of this universe, the way to start is by building your crypto assets or portfolio. Trading is already an established way to invest in crypto as millions of people are already investing in different crypto every day.
Media and entertainment:
This is another sector that you can use to explore metaverse. They will go beyond mobile phones and the 2d web. One example is rapper Snoop Dogg and a popular Punjabi singer Daler Mehndi hosting concerts for their fans in the metaverse.
With metaverse, people will be able to socialize on the virtual platform. They will be able to connect, collaborate and communicate. Yet, they will not be able to feel any difference or experience physical separation.
We have listed some but not the only ways to invest in the metaverse. If you want to know more or want to discuss how to bring your brand or establish your company in the metaverse you can book a free consultation with us.