Metaverse was a real discovery for people around the globe. The virtual place has become a space for entertainment, a brand-new experience of online use, and business of course. GBC Time has analyzed in detail the investment in Metaverse. In this article, you will find out how to invest money in Metaverse properly and increase your income rapidly.
Many are sure that the “metaverse” is the completely new terminology that came with the technology innovation. However, at first, the term “metaverse” came into sight in the 1992 science fiction novel Snow Crash.
Eventually, metaverse was developed thanks to the web3 implementation and fast-growing technology progress.
The history of the Metaverse by Mark Zuckerberg
Legendary billionaire and businessman Mark Zuckerberg has already become a historical figure thanks to his achievements in the technology sector. Facebook is one of the biggest social media platforms, but Zuckerberg definitely thought it was not enough for his personal achievement list.
In 2020, Facebook’s CEO and the whole company’s team introduced a completely new social media platform based on VR technology called Metaverse. Moreover, the firm was also rebranded and renamed Meta.
At first, the world reacted ambiguously and did not even know what to expect. But even nowadays, some people do not understand the whole sense of the platform at all. Is it about gaming, cryptocurrency, or NFT?
What is Metaverse?
Metaverse is a 3D version of the Internet and computing at large, said Mathew Ball, investor, and author.
The 3D world has become a step to the new digital economic system, where business is fully virtual. Simply put, Metaverse is the virtual world that may be supported by VR and AR technologies. However, users have access to the Metaverse platform through their PC, smartphones, and any other gadgets.
In Metaverse, users can sell and purchase, run their businesses, and retain clients. One of the first purposes for the developers was also to create a space, where it could be possible to transform real material items like clothes and cars into virtual ones. And the NFT market fulfilled this goal in some sense.
Metaverse benefits worldwide
Analytic resource Statista has published a list of the metaverse benefits in 2021.
Benefit | Share of respondents |
Overcoming obstacles e.g. disabilities that prevent us from doing something in real life | 39% |
Enhancing creativity and imagination | 37% |
Traveling the world without moving | 37% |
Increasing technological literacy and skills | 34% |
Connecting with new people without feeling awkward | 34% |
Creating completely new job opportunities | 30% |
Meeting your loved ones whenever you want | 30% |
More possibilities in education | 29% |
Giving opportunities for self expression | 27% |
How many users are in Metaverse worldwide?
Undoubtedly, the metaverse has become more interesting for users around the globe. The total number of users positively grows annually. The Gartner portal has reported a study, according to which 25% of people will spend an hour daily in the metaverse by 2026. The purposes of use will be all different – from shopping to education. Considering the business implementation of the metaverse, Gartner experts predict that more than 30% of companies worldwide will have products and services ready for the virtual world.
Touching on the topic of the metaverse market worth, Bloomberg reported the figures that inspire hope for further growth in general. According to the business magazine, in 2020, the total worth of the metaverse was $478.7 billion. The experts and financial researchers also expect to see the worth growth by 2030 at 39.1% CAGR, which means $824.53 billion worldwide.
The virtual transformation process of the goods also seems to succeed in different sectors. According to the JP Morgan report, annually $54 billion is spent on virtual items in the metaverse. Users successfully monetize their goods and increase their client bases.
Considering the age of the Metaverse players, Statista has published another infographic based on the survey in the US, UK, Germany, and France in 2021.
Why should you invest in Metaverse?
Mainly, the most obvious reason to invest in the metaverse is its connection to cryptocurrency and blockchain technology. Smart contracts and NFT are essentially important factors in metaverse functionality. The purchase process is made for crypto coins or any other related technologies.
Crypto investors have already noticed that this sector is way more promising for successful investment. You can also find more about crypto investment in the article at the link https://gbc-time.com/how-to-invest-in-the-crypto-market
On top of it, the potential growth of the metaverse is promising to be a great capacity for investments.
How to invest in the Metaverse?
Many companies worldwide have already found their personal approaches to investment in Metaverse projects. However, some of the beginning investors are going through difficulties while searching the competent and reliable ways to invest in the metaverse. Mostly, the cause of it is the lack of information and in-depth guides. So here are the top ways on Metaverse investment.
Buy Metaverse Tokens
Metaverse token is the first thing that comes to mind while considering the most popular and effective ways of metaverse investment. This way is also in high demand on account of the simplification of the process. Just choose the metaverse platform you want to invest in and buy the tokens. At the moment, the most popular metaverse tokens are:
- MANA by Decentraland metaverse;
- SAND by Sandbox metaverse;
- AXS by Axie Infinity metaverse.
It is also important to understand that this way may be also risky and unpredictable because of the unstable price rates on the global market.
Purchase in-game NFTs or virtual land
Counting the fact that the Metaverse is the whole world but virtual, the investors have found another way of successful investment – virtual real estate. The majority of the metaverse platforms also provide the space like the general video game. In these spaces, the users can build and trade assets. The in-game NFT and virtual land are the next way to invest in the metaverse.
All you need to do is register your account on the metaverse platform where you want to trade NFT and virtual land. For instance, Decentraland is the most suitable for virtual land trading, and Sandbox is popular among NFT businessmen.
Exchange-traded funds
Another effective way of metaverse investment is exchange-traded funds or ETFs. The main reason of funds are popular among investors is the minimum risk and easy solution for reducing volatility.
One of the leading metaverse platforms that include the investment option through the ETF is Roundhill Ball Metaverse ETF.
Metaverse stocks
As we figured out above, a lot of companies worldwide are already active metaverse investors. It means that you as a single investor can also get income from these companies and try the indirect way of investing in stocks of these companies. One such company is Roblox – the firm is specialized in 3D gaming and the whole metaverse development.
In the first place, Roblox was just a game popular among teenagers, but eventually, this online space became a stable virtual world with its own ecosystem related to the metaverse.
Over 47 million Roblox users are the indicator of the promising investment strategy in the metaverse.
Investment in Metaverse index
If you have previously met with such a concept as a stock market index, the metaverse index would not be a surprise for you. MVI is a large technological system that tracks the leading companies’ performance and general business tendencies around the globe.
According to advanced investors, the MVI investment strategy is less-risky and more stable compared to token investment as well.
Sell or rent Metaverse experience
The last but not the least way of metaverse investment is the use of your personal experience in the metaverse. It is principally important to understand that metaverse works as the real world, where you can trade everything around. You can rent or sell office buildings and set the virtual lands. Moreover, you can also sell the billboards for advertisement campaigns.
Conclusion
The metaverse is a relatively young and fresh source of investment income. Many investors are still trying to find the most understandable and profitable way for them to invest in the virtual universe. It is important to realize that cryptocurrencies, tokens, and NFTs are just as much a risky game as investments. Track the market ups and downs, rising and falling prices. Thanks to your awareness and awareness, your experience as an investor will be tinged with successes and not failures.
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