The metaverse is a shared virtual reality where people can interact with each other and digital objects using avatars. It's the next step in the evolution of the Internet, and it's where most human interaction will take place in the future.
The digital universe is still in its early stages, but it's already attracting big companies. In February 2022, several tech giants from China announced investing in the metaverse, creating a possibility for an $8 trillion market. The major players in this field, including Google, Microsoft, Facebook, and others, have already started investing.
With major investors backing the metaverse, it's only a matter of time before it takes off. And when it does, would you like to be the one to regret not utilizing the earning opportunities? Learn how to invest in metaverse to generate a good profit from the boom.
The Metaverse Investment Opportunities
Bloomberg Intelligence predicted metaverse's estimated value to reach $800 billion by 2024. So, you can easily reckon the potential for it to turn into a money-making machine.
To learn how to invest in the metaverse, you should first know about the investment opportunities it offers. You can invest in:
- Metaverse stocks
- Purchasing virtual land
- Renting or buying virtual structures
- Cryptocurrencies used in metaverse platforms
- NFTs (non-fungible tokens) for artwork or products
- The exchange-traded fund (ETF)
Another enticing fact is there is no cap on how much you can invest in that virtual reality market. Everyone can purchase as many NFTs and cryptocurrencies as they want. So, the earning possibilities from the virtual business are infinite. However, you should also be careful about the volatile nature of the digital market.
How to Invest in Metaverse: Six Possible Ways
After years of development and speculation, the metaverse puzzle is finally coming together. The digital ecosystem allows you to invest in digital assets and currencies and to create and sell your own assets.
If you're wondering how to invest in the metaverse, here are six possible ways. Whether you want to buy into the platform outright, participate in the development process, or become a community member, there's a way to get involved.
So what are you waiting for? Dive into the metaverse waters and find out for yourself.
The metaverse has been growing exponentially and has millions of registered users. This means that early investors have a high chance of making money by buying and selling shares in companies that operate in the metaverse.
You can buy shares in companies that are involved in the development or management of the metaverse. For example, giant companies like Samsung, Nike, and others have their presence on various platforms.
These stocks tend to be highly speculative, and there's no guarantee that they'll ever become anything more than that. However, if you're fascinated by the metaverse concept and believe that it has the potential to become a reality, then investing in these stocks may be your best bet.
There is no separate stock exchange for the metaverse stocks. You have to purchase the shares of these companies from traditional stock exchanges.
Purchasing virtual land
So, it's just a piece of virtual land; how profitable can that be? You must be asking that yourself.
Well, someone paid $450,000 to be the neighbor of Snoop Dogg in the Sandbox. So, there is no doubt that the metaverse land has good value considering the community and development potential.
One of the best ways to research the metaverse real estate market is through sites like OpenSea.io or NonFungible.com. They are like the real-world real-estate marketplaces Zillow and Realtor.
These websites allow you to check different land pieces and look up property details like square footage and price range. Compare various properties and their values before making the purchase decision.
Cryptocurrencies used in metaverse platforms
Cryptocurrencies are decentralized, not subject to government or financial institution control. Due to this feature, they are the only form of money in the digital world of the metaverse.
The platforms use the existing cryptocurrencies, and some have their own digital currency. For example, Decentraland uses a currency called MANA on the Ethereum blockchain.
Since cryptocurrencies are the only means of purchasing goods and services in the metaverse, investing in them may return you with good money. Research the different coins and find ones that have the potential to increase in value. Also, you need to monitor the market and sell your coins when they reach your desired price.
NFTs (non-fungible tokens) for artwork or products
How to invest in the metaverse through NFTs? Every NFT lover must be wondering about that. Well, the metaverse land is sold as NFT tokens, which you can later use for transactions.
In the virtual world, you can also purchase NFTs of music, products, illustrations, and other items. For those who don't know, NFTs are non-fungible tokens that can be used to represent digital assets. This means they are unique and can't be replicated, making them perfect for representing things like artwork or products.
For example, you can purchase digital art from famous art galleries like Sotheby's. Many companies, including Nike, Gucci, and Samsung, have stores there to sell NFTs of their products.
One of the great things about NFTs is that they have the potential to increase in value over time. The market for NFTs is expected to grow to $80 billion by 2025. The numbers are already unbelievable, and the market can become more prominent as the metaverse becomes more popular.
Renting or buying virtual structures
If you don't want to spend big cash on land parcels, buy or rent pre-built building structures. It's an effective method if you want to know how to invest in the metaverse for a running business in the physical world.
Pre-built buildings are available for purchase or rental where you can set up your shops, offices, galleries, casinos, or anything you want. Do you already have a collection of NFT artwork? Rent a building to set up your NFT gallery. Or you can turn it into a virtual storefront to display the products you want to sell.
Renting might be the most suitable option if you just want to dip your toe in the metaverse. You can get a feel for how everything works without having to make a significant investment. Plus, if you're unhappy with your current location, you can always move to another spot.
However, buying pre-built virtual real estate is probably the way to go for long-term investment. It's possible to generate value from your investment by renting or selling your space.
The exchange-traded fund (ETF)
EFTs are the way if you're looking for a secure investment opportunity in the metaverse.
An ETF refers to various asset types, including products, bonds, and stocks. ETF trading takes place in physical stock markets, just like regular stocks. This makes them very liquid, meaning you can purchase or sell them quickly.
ETFs are a great way to open your metaverse investment portfolio because they're less risky than trading in stocks. With an ETF, you're diversified, meaning your risk is spread out over several different assets. This makes ETFs much less volatile than stocks, which can go up and down a lot in value.
Some top-tier metaverse EFT companies are:
- Roundhill Ball
- Horizons Global
- eToro MetaverseLife
The above suggestions can give you a good starting point if you are overwhelmed with all the ideas about how to invest in the metaverse. It's a new and exciting technology with high potential. You can be a part of this burgeoning new industry's future by investing in it.
By understanding the different ways to invest and the risks involved, you can make an informed decision on where to put your money. Do your research and know what you're getting into before making any crucial decisions.
If you are looking for investment opportunities in a would-be major player in the metaverse industry, PandaMR could be your best bet. The well-funded company with a strong team of experienced professionals offers solid business opportunities in the metaverse.