How you can invest in Metaverse?

Hi, everyone today I’m going to help you understand the potential of Metaverse and how to invest in Metaverse.

Many of you might not like the gaming stuff, virtual reality, and artificial intelligence type of stuff, but I urge you to listen to this because it is very important.

Every decade gets an investment opportunity. That makes them really rich in our parent’s time. That was investing in real estate. Metaverse, In my opinion, could be one such opportunity in our generation.

Therefore, in this article, we will talk about what is Metaverse and how to invest in Metaverse.

What is Metaverse?

Metaverse

So people get confused quite a bit. When they start talking about it, they assume that it’s some kind of gaming stuff and people are doing something in games and using Facebook Oculus. Let me help you understand that point in an intuitive manner.

You have been transported to a new place and you are getting entertained. That game that you are playing is that you are taking entertainment value out of it. Very important point. Now imagine a place where you can take a lot more than this. You can go party with your friends, play anytime anywhere, where you can go launch your own cryptocurrencies.

How to invest in Metaverse?

You can go and start new businesses in that place. So the entire value that can be derived out of it makes metaverse one of the foremost innovations in my opinion for our generation. And therefore, I feel that you should know more about it, figure out what investment options are there, and accordingly, take bets now just to very quickly round up the conversations. Right now, there are two types of Metaverses.

The first type is the meta or the Facebook type and all our parents understand who Zuckerberg is. He owns Facebook and is now meta. He’s also trying to create a new planet, and another new planet is being created in the crypto or blockchain world.

So these are two variants of Metaverse that exist right now, and you can invest in both these Metaverse.

Your second option is that you can go buy NFTs non-fungible tokens, and you can also buy certain cryptocurrencies.

For example, you can buy something like Mana, which is the cryptocurrency for the decentralized. There are Metaverses like Decentraland, Axie Infinity, sandbox.

These are all competitors to physical or more palpable Metaverse. That is meta.

Now, you might be wondering which one is better, and as retail investors what we should do.

Crypto Metaverses.

But here’s an important story that you need to understand that Facebook very recently tried to launch a crypto coin called Libra. And the project did not go really well.

Why did it not go really well?

I’ll help you understand the reason, but first, let us understand why did Facebook decide to launch Libra or they have not disclosed the entire plans.

So no one trusts Facebook. From that perspective, no one is believing the entire audience is not believing in the narrative that you know what Facebook is truly going to create a decentralized system. You need people to believe in it, number one that you need to have customers.

Second, you need to have developers because this planet needs to be built on technology, which is blockchain technology.

So you need developers to come onto that Metaverse and start creating more products and systems and processes. Now, that has not happened for Facebook. That has, however, happen for crypto or blockchain-oriented Metaverse.

Metaverse Games and Worlds

Now, this will look like a futuristic video game for you. But trust me, this is more than a video game. So let me give you a very quick tour of this on Decentraland

invest in the metaverse

You can create, explore and trade in the first-ever virtual world owned by its users. This is decentralized.
Explore landowners by users to experience incredible scenes and structures. You can create is the limit of your imaginations. You can buy, sell land, estates, avatars variables named the centerline marketplace, stocking the very best digital goods and paraphernalia backed by Ethereum blockchain.

So this entire Decentraland is a planet in itself, a planet in itself, and it is powered by a currency called Mana.

What can you do with this currency?

You can actually buy a piece of land real estate.

You can buy all these different things. You can in fact, trade it. There are different NFTs that you can trade on a platform called Openseas as well. So this is our biggest NFP Marketplace.

So all these digital assets, that you see become tradable because of the NFT functionalities. Now, there are two, three key things that I’ll quickly explain because some of you might be complete beginners. So let me first and foremost, talk about what NFTs are.

What is an NFT?

NFT is a virtual piece of art or wearable or a gadget that is there in a virtual world. For example, if you are playing, Call of Duty, which is a video game and you buy a gun, you buy a really nice gun, you spend your real $100 to buy that gun. Now you can’t do anything much with it outside that game. But on an NFT, what you can do is that you can go on Openseas and you can sell it off for real money.

So this is the functionality of blockchain-based NFTs that they become tradable. They become like commodities. You can sell them, buy them, you can monetize them.

There is a game called Axie Infinity, where if you participate in the tournaments that are happening in Axie Infinity, you can make real money.

A large population of the Philippines ended up playing and exploring this game because the money that they were making by playing Axie Infinity was much larger than they could have made by doing their day job. So a lot of people in the Philippines quit doing their day jobs and started playing this video game full time to make money and make a real income.

Right now there are three major Metaverses in the crypto world.

One is Axie Infinity Infinity. Second, we are talking about Decentraland and third is Sandbox. These are three major Metaverses that are existing in the crypto space and looks like one of these
three will win the race.

Now you would say this sounds super exciting. I want to invest in it.

How can I invest it?

You can actually go and you can buy a coin called Mana.

It was launched somewhere in 2017. The performance was very flat for two, three years. Then it has skyrocketed from last year onwards from approximately 0.15$, it has gone up to $3 also, which is like exponential return on this asset because the entire meta the narrative is picking up steam.

A lot of companies are coming up. A lot of companies are taking their claim that they will become the next prominent Metaverse. Right now the war is going on between different companies.

So first and foremost that companies like Facebook are building Metaverses Facebook, unfortunately, has failed in its crypto game Libra project. Therefore, it has moved to a physical, more palpable type of a meta that was taking a completely different narrative, so probably it might be there.

Secondly, point, you need to take a look at the marketplace. So this is market.decentraland.org And here you can start trading all these different NFTs.

This is what is super interesting, right?

These are parcels of land that you can buy and a lot of big companies, for example, Coin Market Cap is a real-world company that is buying land in Metaverses similarly, Binance is buying land on metaverses. You have other big companies that are jumping in and are buying land on all these Metaverses because they
understand the functionality of it. They understand that a lot of users are getting attracted to it.

There is an opportunity to make money in this Metaverse. So again, a very fascinating concept that embodies finance gamification and blockchain technology to make money. This is defining the next
leg of technology. I would appreciate all of your support.

Conclusion

I hope you understand the concept of what Metaverse is. There are specific investment opportunities in Metaverse. I am very bullish about this space. If you are a retail investor, you can go with a more palatable Metaverse like Facebook or Meta, or you can invest in a crypto focus Metaverse or you can invest. This is an evolving space. You as an investor will find great potential in this because the idea is nascent.

It will continue to evolve with time with people’s feedback around and it will retain scale over time. But this is definitely a narrative that you should invest more time learning about.

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