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How to Invest in The Metaverse | Tech

How to Invest in The Metaverse | Tech
Written by publisher team

More people want to know how to invest in Metaverse as it is becoming more and more popular all over the world. Although the hype started last year, the idea has been around for several years now. The Metaverse was penned by Neal Stevenson into the 1992 science fiction story Snow Crash. It refers to the physical world and virtual worlds merging into one as if the latter were a real location.

Here, people can work, play and do many other things that they cannot do in the real world. Nowadays, many companies from all over the world are investing millions of dollars in this concept. Meta, formerly known as Facebook, wants to lead this technology revolution. How can you benefit?

That is what I will answer today by listing the many ways you can invest in the Metaverse. Easy methods include buying related assets such as cryptocurrencies, stocks, and ETFs. On the other hand, you can go further by purchasing a digital land or participating in various platforms. I’ll list them starting from easiest to most difficult:

Metaverse icons

Difficulty level: easy

Many of the Metaverse platforms that we now use blockchain technology to operate. It operates on decentralized networks based on cryptocurrencies.

Take the popular NFT game Axie Infinity as an example. Allows players to earn AXS Tokens, SLP Tokens, and in-game items that act as non-fungible tokens.

These digital goods have registered ownership on the blockchain, which makes them unique. Furthermore, they can sell NFT items for Ethers, the original cryptocurrency of the Ethereum network.

What distinguishes cryptocurrencies is their volatility. Some people hate that its value may decrease significantly after a few days. However, they don’t talk much about the potential winnings!

Most people don’t realize it, but you can get these codes even without using these Metaverse platforms. Alternatively, you can just buy it from a crypto exchange platform like Binance.

They track cryptocurrency prices as well, so you can see in real time how much your assets are growing in value. Later, you can sell your cryptocurrency for profit.

You can buy these tokens as low as $10.00, at least on Binance, and then you just have to wait for the winnings. Now, do you see why it is the easiest way to invest in Metaverse?

Metaverse Inventories

This is how to invest in the Metaverse.

Difficulty level: medium

Learning how to invest in the Metaverse seems to be a recent trend. That’s why you might be surprised to hear that the stock market is an investment option.

However, this is possible because many companies want this idea to become a reality. Nvidia is one of the popular investment options because it wants to build the Nvidia Omniverse.

If the name rings a bell, you probably play video games, Mining cryptocurrencies, or both. Gamers are looking for the best graphics cards for the latest games.

On the other hand, their graphics cards help crypto miners earn as much bitcoin as possible. this is the reason nvidia He claims he can connect the “Metaverses” to a common “virtual world”.

Also, Roblox is another well-known Metaverse stock. After all, you will find Nike’s Meta platform known as Nickyland, where people can buy the fitness brand’s shoes as wearable in-game devices.

Thanks to the many investing applications nowadays, getting into the stock market is easier than ever. However, it is not as easy as creating a cryptocurrency wallet.

Unless your online broker allows fractional shares, you will have to pay the full price. A share of Meta stock can set you back over $200. You can only buy during the trading day.

However, this may be a better option if you prefer the security of the old asset type. Just remember that all investments involve risks, both in real life and in the tech world!

Read more: What is Metaverse?

Metaverse ETFs

Difficulty level: medium

You might think of ETFs or exchange-traded funds as a mixture of digital and traditional assets nowadays. We are now seeing more ETFs with Meta stocks and cryptocurrencies in them!

For example, file Roundhill Ball Metaverse ETF It helps its clients invest in this new technological world. It contains the stocks I talked about, such as Nvidia and Roblox.

By the end of 2021, ProShares implemented in SEC to get a similar offer. She has seen how an ETF can be a great investment after value Bitcoin ETF It rose 549% earlier this year!

The great thing about an ETF is that it has many assets inside. This means that any of these can keep their price high even as other prices drop. This sounds better than stock, right?

Well, that is until you see how much planning you should do before investing. Instead of just one company, you will have to check all the companies that are inside the ETF.

Next, you need to check with the sponsor or company that will manage the fund. If their record turns out to be poor, you may be letting the wrong people handle your money!

virtual real estate

This represents virtual real estate.

Difficulty level: hard

earlier this month, Big accounting firms have bought a lot of digital land. On the other side of that spectrum, you have famous rapper Snoop Dogg who owns properties in SandBox.

Sounds like everyone wants to get into this tech frenzy, right? That is because the digital land presents huge opportunities for making profits, just like its real-life counterparts.

Takes decentralization as an example. You can buy digital properties that you can modify however you like. However, you can make money by hosting events indoors.

You can get stylish by having an NFT art gallery, for example. If you want something more active, you can invite artists to perform at your place.

This option is at the bottom of our How to Invest in the Metaverse guide because virtual land can cost you as much as real land, sometimes more!

You can buy it from Decentraland Market using MANA codes. At the time of writing, the price of the MANA token is $2.93The average land cost was 9,900 mana.

This means that you will have to spend at least $26,460 or more to purchase a plot of land in Decentraland. It’s easy to see why investing this way is much more difficult than previous methods.

Metaverse platforms

Difficulty level: Depends on the platform you chose

Instead of just buying and selling digital assets, you can join the platforms that produce them. Like I said, this can be easy or hard, depending on the platform you’re using.

Let’s start off the hard way with Axie Infinity. You play the game using fictional pets called Axies to fight against your fellow players. However, you will have to purchase it from the Axie Marketplace.

At the time of writing, the price of Ethers is $3168.10. The hype around the Axie is dropping too, so the Axies are a lot cheaper at the moment.

While writing this, you can buy Axie from the shop for about $76. If you don’t want to spend a lot, you can ask a player to let you use their extra pets.

On the other hand, you can try an easier method by using the Octi app. It is a social media platform that allows people to earn from their posts. Let’s say you posted a video on the app.

When it becomes popular, you earn Octi Coins which can give you discounts on good things in real life. Some of the brands include Nike, Funko, and Reebok.

This might be the right choice if you enjoy creating content on TikTok, Instagram, or YouTube. With Octi, you can turn your online influence into good things in real life!

last thoughts

With a VR headset, we can land in the Metaverse. Because of the recent hype, this tech world continues to grow. The question is, will you profit from it?

Those were my ways to invest in the Metaverse, but keep in mind that this article is not investment advice. Be sure to consider any option before trying it out.

Read other Inquirer USA articles if you want to learn more about technology trends. These will give you the latest scoop on all the hottest events around the world.

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publisher team