ScienceLovers - Day by day, the metaverse is being talked about more and more. Moreover, after Facebook changed its name to Meta. In simple...
In simple terms, the metaverse can be interpreted as a virtual room that can be accessed with the help of smart glasses, VR headsets, and other enhancements.
No wonder the metaverse is widely discussed because this innovation can significantly change the way of communication and lifestyle.
With this technology, you can do many activities including playing games, shopping, working to investing.
Curious how? This article will explain step-by-step investing in the metaverse to various stock options for you!
Steps to Invest in Metaverse
First, you need to choose which virtual world platform you want to enter. Decentraland and The Sandbox are choices that are in great demand.
Next, you need to create a digital wallet to store cryptocurrency.
This digital wallet is software that is connected to the blockchain network and becomes the backbone of the metaverse. You can store your cryptocurrency in this wallet.
The next step you need to take is to choose which marketplace or market you want to visit. This marketplace is usually found on the metaverse platform website.
You can compare the price and value of the digital asset you want to buy.
If you have made your investment choice, you can exchange your money for tokens or coins and store it in a digital wallet that was previously created.
The variety of tokens offered varies, depending on which metaverse platform you choose at the start.
For example, to buy a digital plot of land on the Decentraland platform, you need to exchange money for MANA tokens.
Another example, you can exchange SAND coins to buy assets in the Sandbox.
If your digital wallet is already connected to the metaverse market, you can bid on the asset you want to buy.
After a successful transaction, the asset fee will be deducted from your digital wallet and you will receive an NFT transfer afterward.
This process applies to transactions for NFT metaverse items such as digital land, clothing, and accessories for avatar characters.
Metaverse Stock Options
In addition to investing in virtual property and land, you can also invest in public companies whose business models are closely related to metaverse technology. The investment options in the metaverse that you can try are as follows:
Meta Platforms Inc
The company previously known as Facebook Inc. has built a new image to become Meta Platforms Inc. Meta released a metaverse called Horizon Worlds.
The company also offers the VR Oculus Quest 2 which stole the public's attention. The increasing interest in this advanced device is expected to attract more Horizon Worlds players.
Roblox
Since its founding in 2006, the company has continued to grow rapidly. Unfortunately, the company has not yet made a profit from the winnings it has won.
Microsoft
In 2022, Microsoft plans to release a new innovation called Mesh. The main feature offered is Holoportation.
With this feature, you can access the digital environment with the help of a VR headset.
You can use this innovation as a video conferencing platform with a personalized avatar.
Collaboration becomes more real with a freer 3D and holographic digital environment. You can also interact freely even through a virtual room!
Boeing
Another company that you can invest in is Boeing. The company plans to build aircraft on the Metaverse.
Collaboration with robots is aimed at realizing the digital revolution as a new strategy in the future.
Boeing plans to design a proprietary digital environment for seamless communication and collaboration.
Those are the steps for investing in the metaverse that you can follow and various metaverse stocks that you can choose from. If you want to know more information about the metaverse, you can read more about it here!
