It’s not often that one of the most substantial and profitable investment opportunities presents itself to the world on a silver platter. Yet, the metaverse has done nothing short of scream to investors that now is the time to get on board. If you’re curious about how to make some money on the future of the Internet, you’re probably wondering how to invest in the metaverse.
The metaverse may still be under construction, but it’s quickly becoming just as tangible as Facebook, Instagram, or any other social media platform. Hopeful investors can join the craze by purchasing stock in tech companies focused on developing the digital realm, 3D hardware developers, and blockchain applications. These investments are sure to grow over the next decade.
Before you miss out on the opportunity, take a minute to learn how you can invest in the metaverse. Considering that it is likely to become the next biggest market, you cannot pass this up. We’ll explore a few of the industries that you should consider and walk you through the investment process.
Invest in Digital Tech Creators
The first and likely most profitable way to invest in the metaverse is by investing in digital tech creators. These are the companies currently working on the development of the infrastructure and software needed to make the metaverse a reality.
While many people think of gaming companies when they hear the term “metaverse”, the technology required to sustain such an expansive network is far beyond what anyone company can provide. Therefore, it’s wise to invest in a few different tech creators to round out your portfolio for the future.
Some of the most promising tech companies to consider include:
- Meta (Facebook’s parent company)
- Microsoft Corporation
- Alphabet Inc. (Google’s parent company)
- Roblox
- SANDBOX
The first three companies listed above are mainly focused on social applications for the metaverse while the last two are more interested in potential gaming opportunities. However, Roblox has recently announced that they will eventually move past gaming to offer a well-round metaverse experience.
Invest in 3D Hardware Developers
Beyond investing in firms that are currently developing the metaverse, 3D hardware developers and manufacturers stand to make a fortune off the upcoming digital revolution. While it may currently be a small market compared to the likes of Facebook, Microsoft, and Google, the metaverse will create a need for high-quality 3D hardware that can grant access to the digital landscape.
As 3D goggles and glasses become a staple of the American home, the following companies will grow to unfathomable sizes:
- Oculus
- HTC Corporation
- Pico Interactive Inc.
- Lenovo Group Ltd.
All four of these companies are focused on developing the best virtual reality (VR) headsets for an immersive experience. In time, they will be able to drop netizens into a realistic digital landscape where they can interact and engage with other metaverse members and the “world” around them.
Invest in the Blockchain or Blockchain Applications
The blockchain has garnered a lot of attention in recent years, especially as cryptocurrencies—both legitimate and meme-based—have reached record-breaking values. However, the blockchain involves more than just Bitcoin and other digital money. It’s a secure way to store data that can be used for a number of different applications.
The metaverse will need a similar secure system to store the large amount of data that will be generated by users. The blockchain’s decentralized nature makes it the perfect candidate. Therefore, investing in companies focused on developing the blockchain or blockchain applications is a smart way to make some money off of the metaverse.
Some of the most promising companies include:
- DFinity
- Enjin
- Dapper Labs
All three of these firms are dedicated to bringing blockchain technology to the mainstream. While they don’t all specifically target the metaverse, their work will inevitably lead to advancements in the digital landscape.
When Will These Investments Pay Off?
The metaverse is still under development but it’s quickly becoming a reality. As more tech companies, 3D hardware developers, and blockchain applications emerge, the metaverse will slowly take shape. Once it’s completed, these investments are sure to skyrocket.
The best way to maximize profits is to get in on the ground floor. By investing early, you increase the likelihood of reaping greater rewards later down the line. However, don’t invest more money than you’re willing to lose.
The metaverse is a new and largely untested market. Therefore, there’s always a chance that something could go wrong. If you’re patient and strategic about your investments, though, the metaverse is sure to make you a lot of money.
Final Thoughts
The metaverse is still in its infancy but that doesn’t mean you can’t start profiting from it today. By investing in digital tech creators, 3D hardware developers, and blockchain applications, you can get in on the ground floor of what’s sure to become the next big thing.