Buying Metaverse Stocks is one of the best opportunities right now. A true digital revolution, the metaverse is a project that needs no introduction.
Buying Metaverse Shares quickly became a priority for any investor. In these lines, the point on how to Buy Metaverse Shares.
What is the Metaverse?
The metaverse is a collectively shaped and owned virtual space (or network of spaces) where people can meet to socialize and attend virtual events like concerts, work, and play.
The term “metaverse” is often used to describe the next iteration of the Internet – closely tied to Web 3.0.
The metaverse offers immense creative possibilities for entrepreneurs, as it relies heavily on creating and exchanging a wide variety of digital products and services in a virtual economy.
Additionally, the metaverse will require massive access to virtual and augmented reality technologies.
There’s a lot to take in, and the exact shape of the metaverse is the subject of speculation.
However, as a space opening the doors to a new digital economy, in addition to the hardware that makes it possible, it could represent a turnover of more than a trillion dollars per year in the years to come.
Also Read: How to become a virtual reality coach
What is Metaverse Stocks?
It’s tempting to classify equities associated with metaverse companies as metaverse stocks. But it’s crucial to remember that the metaverse is a vast topic that is quickly gaining relevance.
The blockchain, metaverse games, NFT art, digital land speculation, and even Web 3.0 can all be categorised as metaverse technologies.
Metaverse equities can be considered as a type of asset that can even show up inside of well-known corporations. To tap into this new market, an increasing number of companies are shifting their focus to the metaverse.
For instance, Facebook completely changed its name to Meta to emphasise this point.
Investors in the market must prepare themselves for the same. But it’s also crucial to pick stocks properly that will profit completely from this contemporary gold rush into the metaverse.
If you buy today, you can take advantage of the metaverse’s growth by getting in first and at a discount.
2 Ways to Invest in the Metaverse
a. Metaverse Stocks
b. Metaverse ETFs
The most obvious way to invest in the metaverse is through metaverse stocks. However, there are still alternative choices available. In reality, this is one of the causes for the increased interest in the metaverse.
The metaverse is the hub of a whole economy. It also exists both inside and outside the metaverse as a middle ground that exists on both sides of the metaverse.
The following are typically regarded as the most well-liked investment opportunities, despite the fact that a sizable majority do not entail buying metaverse stock directly.
Metaverse ETFs and Metaverse Stocks
Individual shares of the metaverse are often purchased. You look up a firm that interests you, conduct some research, and then purchase shares. Metaverse ETFs, on the other hand, offer a different way to test out metaverse stock options. Exchange-traded funds, or ETFs, are essentially a collection of equities. A collection of metaverse stock options chosen for their connection to the metaverse make up metaverse ETFs. Despite a few outliers, the majority of ETFs are chosen to offer above-average stability.
Watch this Video to learn more about the Metaverse ETFs
List Of The Best Metaverse Stocks
Founded in 2004 and listed on the stock exchange in 2021, Roblox is an online gaming platform with a foothold in the metaverse. Its popularity has exploded over the past ten years, with over 40 million daily active users, most of whom are under 18.
It’s a free service with in-game purchases available through a virtual currency called Robux.
Users can create characters and purchase items using ‘Robux’ while developing an avatar to identify themselves on the platform. It allows anyone to build and create their own game for free.
In 2020, the developers earned over $200 million, of which RBLX gets a cut.
Well-known brands often interact with Roblox users, and recently, footwear and clothing company Vans entered the virtual world of Roblox.
It sponsored a space dedicated to its products allowing players to browse and purchase physical items while playing. Roblox takes the top spot because it has the user base and technology to make the metaverse a reality.
2. Meta Platforms Inc
A better stock list of metaverse companies to buy wouldn’t be complete without including Meta Platforms Inc.
Formerly known as Facebook, its founder Mark Zuckerberg announced at the company’s 2021 conference that he was changing its name to Meta and planning to spend billions of dollars as it turns into a metaverse business.
Users can use virtual reality headsets to participate in meetings via avatars, view computer screens, and use virtual whiteboards.
Despite many tough times, since FB went public in 2012, it has been one of the biggest winners in the tech sector. On the first day of trading, you could buy shares for $38; today, those shares are trading for over $300.
Its dominance, vision for the metaverse, and commitment to spending billions make it one of the top contenders for the best stock to buy in this industry.
3. Snap Inc.
Snap Inc operates one of the largest social media networks in the world, Snapchat. Over its ten-year history, it has become a tech heavyweight with over 300 million daily users.
It is particularly popular with younger generations, and in 2022, it was reported that 48% of all internet users between the ages of 15 and 25 used the photo-sharing app.
It has been experimenting with the metaverse for a few years, and in 2017 launched an augmented reality lens that allowed users to make a 3D animated version of their avatars.
These avatars, called “bitmojis” allow Snapchatters to play their own bitmoji in games and watch personalized cartoon shows.
In 2022, it refreshed its user profiles to include a full-body 3D version giving users the ability to send photos and videos entirely using their bitmoji persona.
SNAP has been on a massive growth streak since the pandemic, with its share price rising more than 500% following the lockdowns.
Its young user base gives it a strong chance of success in the metaverse business.
Also Read: How to turn nfts into avatars in metaverse
More than 20 years ago, graphics card and processing chip maker NVIDIA went public. Its boards have helped power PCs and game consoles, and it has become one of the world’s leading semiconductor stocks.
Over the past decade, shareholders have recorded monumental gains of over 8000%.
Its chips are now used to power much more than xbox and PCs. You can now find NVIDIA cards in data centers, autonomous vehicles, cloud computing systems, and artificial intelligence systems, among others.
Its products are a necessity for the transition to bring the metaverse to life.
Although it has seen significant growth lately, analysts expect its stock to continue to rise.
Last year, it generated $16.7 billion in revenue, an increase of more than 50% from the previous year.
With the potential to power part of the metaverse, it plans to add another $10 billion over the next five years.
Last on our list goes to software giant Microsoft . Best known for its Windows operating system, it has seen a change in leadership since new CEO Satya Nadella took over in 2014.
It’s now a cloud computing giant, behind Amazon and has already started to steer to the metaverse.
It recently announced the launch of a range of new virtual and metaverse products designed to integrate with its popular Suite and 365 software.
Users can use artificial intelligence to create avatars for online meetings, while collaborating with colleagues in virtual office spaces.
MSFT has the technology, the expertise and the money to make the metaverse a reality, which it is already beginning to do.
He plans to use his popular game console Xbox, to gain a bigger slice of the metaverse business. Microsoft is a strong contender for one of the best stocks in this progressive industry.
Apple is another company that already has a strong database of people who use its products, which gives it an edge over its competitors. With 1.8 billion devices, including over 14,000 ARkit apps, venturing into the metaverse is only a matter of time.
To date, Apple has spent over $25 billion on research and development to create products for all of its users. If the goal is for Apple’s products, both software and hardware, to fully integrate into the metaverse, it would seem the company isn’t rushing.
In the fourth quarter of 2022, Apple recorded revenue of $83.4 billion, up 29% from a year earlier. This performance was attributed to the launch of different products such as iPhone 14 and Macs with M2 chip
Autodesk is the tool of choice for engineers and architects to design 3D model buildings and structures. The program used is called Revit and allows architects to visualize their creations in virtual reality.
According to reports, around 70% of Autodesk’s business is attributed to its design software for architecture, engineering and construction .
In the fourth quarter of 2022, Autodesk reported revenue of $1.2 billion, beating the Zacks Consensus Estimate by just 1.5%. Zacks monitors broker ratings and analyzes different stocks to predict estimated earnings over a given period.
According to Autodesk Chief Financial Officer Debbie Clifford, this excellent quarter was attributed to “solid renewal rates, strong subscription growth and rapid expansion of digital sales”.
According to current analyst forecasts, Autodesk’s revenue is expected to reach $1.5 billion in the next quarter. It remains to be seen whether the trend of beating EPS estimates will continue. As of January 2023, Autodesk’s market capitalization was $48.8 billion.
While we thought that Amazon was present in all areas, we learn that the company is actively recruiting to expand to the metaverse. This transition is quite natural given that it is the largest cloud service provider in the world.
As an e-commerce giant, Amazon has already developed technology to visualize how furniture would fit into your interior. With e-commerce set to peak in the metaverse, Amazon will be a huge influence on how users experience VR and AR.
Amazon has also launched a digital role-playing game called “AWS Cloud Quest”. This game helps users learn cloud computing skills by navigating the online city. You can design your own avatar, earn points by completing Amazon Web Service puzzles, and personalize your entire experience.
Amazon has a market cap of $1.7 trillion and has nearly 150 million Amazon Prime members, which bodes well for its future in the new era.
Amazon shares rose in the fourth quarter of 2022, with a 9% increase in revenue from a year ago, to $137.4 billion. Fourth-quarter figures were boosted by the holiday season and Amazon’s investment in Prime to support fast delivery.
The company estimates that its revenue will be $112 billion to $117 billion over the next few months
Although Sea went public just over a decade ago, the company has made significant strides in the metaverse space, including through the acquisition of Refract, an artificial intelligence-based games company. Sea has raised $6.3 million to help develop wearable technology, known as AXIS, which supports full-body motion capture.
Refract has also bought game developer Deep Dive Studios, which will create immersive online games such as fighting game FreeStriker.
Sea has also made other gaming acquisitions, facilitated by its game development and publishing division called Garena and its investment subsidiary Sea Capital.
In the fourth quarter of 2022, Sea revenue increased 105.1% to $3.2 billion from $1.5 billion the prior year.
This performance is due to the popularity of its games.
However, the company reported a loss and fell short of Wall Street earnings estimates, posting -$617.6 million, compared to -$523.59 million in the fourth quarter.
Unity Software is renowned for developing real-time 3D software and creating engines for mobile games, VR and augmented reality. The software is used in half of the world’s 3D content.
Unity’s recent performance indicates that the company is becoming increasingly important in the metaverse space.
Its revenue increased by 43% in the fourth quarter of 2022 compared to the previous year, reaching $315.9 million, while the total reached for the full year was $1.1 billion dollars, an increase of 44%. Sales growth in the current fiscal year was 35%. Unity President and CEO John Riccitiello said the increase was attributed to “outstanding execution and innovation by the Unity teams.”
11. Advanced Micro Devices Inc
Another hardware company Worden says is poised to benefit from metaverse investment is California-based semiconductor company Advanced Micro Devices.
The company saw a jump in its share price in early November 2022 after Meta Platforms announced it will use AMD as its chip provider.
“This may be akin to the pick and shovel companies during the gold rush,” Worden says. “Not everyone searching for gold found it, but those that produced and sold shovels and picks benefited.” While it may be too early to predict the winners and losers in augmented and virtual reality, one thing does seem certain, Worden says: “Whoever wins will need to build it on the strongest, most robust and most adaptable hardware stack that will allow software developers to push the barriers even further in terms of what can be done.”
12. Matterport Inc
The next company heavily involved in the rapid intersection of the physical and digital worlds is Matterport, which at about $880 million market capitalization is also the smallest company among the best metaverse stocks to buy.
Describing itself as devoted to the “digitization and datafication of the built world,” Matterport’s early niche has been real estate, where its 3D capture hardware and software technology allows for digital mapping of properties.
Many of the increasingly ubiquitous 3D tours you might see while hunting for a house online are enabled by Matterport, and the company just partnered with North Carolina Regional MLS in an industry first that allows real estate agents to host virtual tours and open houses.
A shift in business strategy from the hardware side of things to subscription-based software and data storage plans should give MTTR stock more long-term upside potential.
Also Read: Aurora Metaverse | Aurora Token
13. HIVE Blockchain Technologies Ltd
HIVE Blockchain Technologies Ltd. (HIVE) is a Canadian-based company that operates a portfolio of crypto-mining facilities. The company was formed to build, own and operate large-scale data centers that are used to mine digital currencies such as Bitcoin and Ethereum.
HIVE uses cutting-edge technology to provide highly efficient and low-cost mining operations.
HIVE’s focus on the blockchain infrastructure allows it to be well positioned in the metaverse space, as blockchain-based platforms are expected to play a crucial role in the metaverse infrastructure.
However, it’s important to note that investing in HIVE or any other crypto-related stock carries inherent risks associated with the crypto market, including volatility, regulatory risks, and operational risks.
Also, the crypto-mining industry itself is subject to intense competition, changes in market conditions and technology, and regulatory changes.
So, it’s important to do your own research and consult a financial advisor before making any investment decisions.
14. Tencent Holdings Ltd.
Tencent Holdings Ltd. (TCEHY) is a Chinese multinational conglomerate holding company founded in 1998, that specializes in internet-related services and products, entertainment, artificial intelligence and technology.
It is one of the largest internet and technology companies in the world, with a portfolio of popular apps and games, such as WeChat, League of Legends, and PUBG.
The company has been actively investing in the metaverse and virtual reality space and has invested in a number of companies that are developing metaverse-related technology.
This includes investments in Unity Software, Epic Games and Roblox.
Tencent’s large user base, financial resources, and its track record in investments and mergers, positions it well to be a leader in the metaverse space, however, as with any investment, it is important to do your own research and consult a financial advisor before making any investment decisions.
15. Electronic Arts Inc
Electronic Arts Inc. is one of the largest video game publishers in the world, known for popular franchises such as Madden, FIFA, and The Sims.
The company was founded in 1982 and it has a wide portfolio of well-known franchises, with a huge following of loyal fans.
In recent years, Electronic Arts has been exploring opportunities in the metaverse. The company has announced plans to create a metaverse experience, leveraging its existing franchises and integrating them into a shared virtual space, where players can interact and play together.
Furthermore, EA has recently acquired a metaverse-related company called Gluon, that is focused on creating tools and technology to build out metaverse experiences.
The company has also announced partnerships with other metaverse companies such as Roblox to explore potential opportunities in this space.
Electronic Arts is a large public company traded on the NASDAQ stock exchange, so it’s easily accessible for investors.
Its financials are reported to the regulatory authorities, and it has a track record of stability and consistent revenue growth.
It’s known for its established portfolio of popular games, huge fan base and its experience in creating and running successful franchises which makes it a company to watch in the metaverse space.
FAQs Related to the Metaverse Stocks
What Stocks to buy for Metaverse?
These are some of the top Metaverse Stocks you can buy in 2023: Sony Group (SONY) Match Group (MTCH) Take-Two Interactive Software (TTWO) Nvidia (NVDA) Unity Software (U) Autodesk (ADSK) Microsoft (MSFT)
How can I invest in metaverse stocks in India?
Some of the Metaverse Token allow Indian users to invest in the Metaverse Stocks i.e., Decentraland (MANA), Sandbox (SAND), and Enjin (Enj). You can purchase these tokens straight from any significant crypto exchange in India to invest in Metaverse. Such assets can be bought and sold throughout the Metaverse, used to pay for goods and services, and then exchanged for cash in the real world.
Which Indian company is in metaverse?
Recently, Infosys is going in the Metaverse World