- The metaverse market is expected to expand over USD 1420.58 Billion by 2031
- There are many ways to invest in the metaverse, some of which will be discussed in this article
Today, as technology constantly expands, it has resulted in the development of a world that was once only used in science fiction films. The metaverse is no longer just a wild imagination; it is a reality. Companies like Sandbox and Decentraland have even launched their own metaverse.
For context, the metaverse is a digital environment built with the help of Augmented Reality and Virtual Reality. It mimics the real world and users can interact in the metaverse with the help of their avatars. In the metaverse, users can engage in many activities possible in the real world, as well as some that are not possible, such as learning about dinosaurs in the Jurassic era.
The term “metaverse” was first coined in 1992 by a fictional novelist Neal Stephenson in one of his science fiction novels called “Snow Crash”. Today, many companies like Meta and others are investing millions of dollars inbuilding one.
How to Invest in the Metaverse
By Buying Tokens and Stocks
Sandbox and Decentraland are the two companies that have their own metaverse. You can directly invest in them by buying their tokens, which you can purchase through any of the major exchanges present in the market, like Coinbase and Kraken. At the time of writing this article, sandbox token is trading at $0.4486, and the decentral and token called MANA is trading at $0.4054.
Besides buying tokens, you can also invest in the stock of companies listed on the US stock market. These companies may include NVIDIA, which develops GPU, as well as Roblox, Meta, and Google. It is anticipated that the stock value of these companies will rise as the metaverse becomes increasingly advanced and more users shift towards it.
Investing in Metaverse Through ETFs
ETF stands for Exchange Trading Fund. An ETF is somewhat similar to a mutual fund because they are also pooled investment securities. The only thing that differentiates ETFs from stocks is that they can be purchased through any stock broker, which makes it easier to invest in them. The best ETH currently present in the market is the Round Hill Ball Metaverse ETF, which is the world’s first metaverse ETF with $863 Million in assets under management. It was first launched on June 30, 2021
This ETF includes companies that are developing products and services for the metaverse, just as Cloudflare and Nvidia.
Why Buy ETF?
Investing in stock can be very time-consuming, exhaustive, and risky. The price of the stock of companies depends on many factors beyond just the development of the metaverse. Additionally, investing in stocks requires exhaustive research and experience, which not all investors possess. Moreover, it may not accurately reflect the true development of the metaverse since it represents an average of many companies related to the metaverse.
Investing in Real Estate
Investing in the Metaverse couldn’t be any more straightforward than this. Currently, the land in the Metaverse is not in high demand which is the reason it is very cheap.It is the perfect time to buy land in the Metaverse. In the future,not only you can earn money as the value of real estate rises, but you can also put your estate on rent to generate passive income.