Since Facebook unveiled its intention to focus on the metaverse, it has become a very popular investment theme. However, to take advantage of the metaverse on the stock exchange, Meta is not the only option.
The metaverse is defined as a 3D and immersive digital world. It is accessible in real time by an unlimited number of people. For now, it’s more science fiction than reality. However, various technology companies are trying to bring the entirety of this vision to life. Meta, formerly Facebook, is the biggest example of this. This company is currently planning to recruit more than 10,000 professionals to build the metaver. Let’s look at the ways to invest on the metaverse in the stock market and some of the companies that are positioned to take advantage of the trend.
The different ways to invest on the metaverse on the stock exchange
There are multiple ways to invest on the metaverse on the stock exchange. The first solution is to bet on corporate actions who develop and market the physical computer tools required for the proper technical functioning of the metaverse.
The second alternative is the purchase of shares from companies that have the necessary tools to create the metaverse. These are mainly the tools focused on 3D modeling. The last option, and not the least, is to acquire shares of companies who have gotten a head start on the metaverse business.
Some metaver actions to watch out for
It could be many years before the metaver exists in its most complete form. Thus, the most coveted metaver shares today are companies that are already flourishing but whose growth will be stimulated by the metaverse. Here are some of them.
In December 2021, Facebook announced its entry into the future of the metaverse concept by rebranding itself Meta. The company has already started to investing heavily in the development of immersive technologies. She owns a successful product on the market – the Oculus VR headset. In addition to this, she is working on an AI supercomputer.
Facebook Instagram is a social media platform, and the company’s main revenue is still generated from its social media networks, including Facebook and Instagram. Meta Platforms has already created a large integrated user base through these platforms, which will help establish its presence in the metaverse. In the future, Meta will be able to leveraging your existing audience to monetize on the metaverse, beyond the simple sale of VR headsets.
Regarding its stock price, Meta Platforms has extremely performed well since going public in 2012. Over the past half decade, the share value of this company has increased by almost 60%. However, recently Meta Platforms has been experiencing difficulties due to the increased competition from TikTok. Therefore, Meta reported a decline in profits, which also led to a decrease in the value of its stock. Between September 2022 and March 2022, the stock fell by about 40%.
Roblox is a video game developer that has already built a virtual world in the metaverse. His entry into the metaverse increased his popularity among the young audience as well as investors. Roblox’s platform on the metaverse already has more than 47 million daily active users.
Over the past two years, Roblox organized several virtual events and concerts and was thus able to get a big head start on the metaverse scene. As such, this makes Roblox one of the best metaver stocks to consider. If Roblox manages to expand its target audience, the company should benefiting from the growth of the metaverse in the coming years.
Another company that could benefit from creating 3D content is Nvidia. Its product Omniverse Enterprise has only been on the market for a short time, but it is already being considered by hundreds of companies and downloaded by tens of thousands of content creators.
But even if Omniverse fails to gain traction, it is still likely that Nvidia will benefit from the metaverse trend. They graphic processing units High-quality (GPU) of the company have always been its main activity. In addition, its GPUs will be in high demand as the metaverse trend accelerates, allowing consumers to enjoy a crisp and clear 3D content experience.
Autodesk is a well-established company that has been mentioned in our top metaverse agencies. She specializes in the design and manufacture of software products for the engineering industry. His creations include AutoCAD and Revit, essential for architects and structural engineers to draw and model their designs.
Outside the construction sector, autocad is also widely used by animators and visual effects artists for its 3D software tools. The company’s suite of products designed specifically for VR and 3D animations makes it a perfect choice for the construction of the metaverse.