But what is Metaverse anyway?
As it is still an evolving project, it is not possible to define it exactly. But basically, the Metaverse is a project that seeks to give internet users a much more immersive experience than usual. Being used for such a combination of equipment such as headsets and controllers to create a virtual reality. And thus immensely increasing the immersion of Metaverse users.
With the Metaverse economy being compared to the real one we already know.
But what will be included in the Metaverse economy?
All types of procurement systems will be included. As:
- The possibility of visiting various attractions around the world.
- Being able to participate in entertainment activities such as concerts and games.
- Buying and selling digital products and services.
- The ability to trade non-fungible tokens (NFTs) or tokens in other formats.
- Access to exclusive Metaverse games and other common games.
- The majority of real-world trading activities imaginable will be in the Metaverse.
And what are the investment opportunities offered by the Metaverse?
The Metaverse will have several types of investments directly or indirectly linked to it. With some remaining as they started and others developing over time throughout the evolution of the Metaverse.
Some of them are:
- Actions of companies involved with the Metaverse in any sense.
- Metaverse-related ETFs (though it is still evolving).
- In-game cryptocurrencies and NFTs and other assets.
But what are the risks of these investments?
As the Metaverse is still under development, many companies intend to invest in it, and of those, some of these companies will succeed and others will not. Considering that this is the case with most of the new technologies that come to the market.
How can I invest in the Metaverse?
To invest in Metaverse you can start a company active in the game, with Metaverse ETFs, cryptocurrencies, virtual real estate, or digital assets.
What are the main products and services that will be part of the Metaverse?
There are infinite potential products that could be part of the Metaverse. In the beginning, most will be composed of products and services already known in normal retail formats. But some can and will be exclusive to the game.
For example:
Immersive hardware, such as the Metaverse will make use of devices like virtual reality (VR) and/or headsets. Many think that future hardware will be of crucial importance in immersion (one of the most important assets of the game). Since they are related to the senses.
3D creation software, once the Metaverse will be a virtual reality created with 3D scenarios, both to simulate common ground and to simulate objects and items to be bought and sold.
Connectivity, as the Metaverse is a virtual reality simulator that works with the use of the internet, access to a fast and constant connection will be crucial for its operation and immersion, since being interrupted by a connectivity failure would cause the game to lose its immersion or maybe don`t even work.
Security, as the Metaverse will be like a website that users will connect to very often, many users will want to protect their accounts and data, especially when we consider that the game will make use of cryptocurrency systems as the principal means of payment in Metaverse.