7 Best Metaverse Stocks to Invest In
Author Neal Stephenson created the word “metaverse” in 1992, describing technologies that will someday leave the fictitious realm with astonishing precision. He had no idea his sci-fi notion would become so popular in the real world, attracting firms and investors from all over the world.
The metaverse is gaining so much attention by the minute, and many major stock market players are joining in.
If you want to buy stocks, you need to conduct a thorough market research first. The Metaverse, unlike the majority of software systems on the market, cannot function as a single entity.
In fact, it brings together several technologies and industries – including but not limited to digital infrastructure, virtual experiences, artificial intelligence, blockchain technology, spatial computing, and more.
These Metaverse stocks that we have analyzed below consider a mix of companies that contribute to this virtual world in one way or another.
- Roblox (RBLX)
Roblox Corporation is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006.
This online entertainment platform is more than child’s play. It could be the closest thing to a fully realized metaverse that exists today.
Match Group (MTCH)
Tinder and Match.com are both owned by this dating industry. In the area of dating apps, it has little competition, and it aims to establish a virtual environment for singles.
The company’s stock price hasn’t dropped since it announced on May 9 that it’s suing Alphabet to maintain its apps on Google Play without giving up 30% of its income.
- Take-Two Interactive (TTWO)
This video game publisher is responsible for industry hits like Grand Theft Auto, NBA 2K and Red Dead Redemption. The company’s virtual multiplayer platform, GTA Online, brings in well over half a billion dollars per year in in-app transactions. NVIDIA (NVDA)
Nvidia Corp. (NVDA) Popularized the graphics processing unit (GPU) and gets the vast majority of its revenue from these specialized chips. Nvidia designs and sells GPUs for gaming, cryptocurrency mining, and professional applications, as well as chip systems for use in vehicles, robotics, and other tools.
Some of the company’s biggest competitors include Intel Corp. (INTC) and Advanced Micro Devices Inc. (AMD). It’s an investor’s favourite, and now it’s playing a massive role in powering the metaverse.
- Unity Software (U)
Unity owns one of the most popular 3D video game engines, and its technology is used in some of the most popular video games on the market. In consequence, U stock could become the holy grail for those placing their bets on the gamification of the metaverse.
- Autodesk (ADSK)
In addition to publishing ubiquitous industrial and architectural 3D design software like AutoCAD, Autodesk has visual effects, virtual reality, and generative design software that developers and creatives can use to create virtual worlds and assets, including non-fungible tokens.
For risk-averse investors they may consider investing in ETF funds or mutual funds may be more ideal, as it lowers the risk, however, this is not financial advice kindly reach out to a financial adviser to gain specific knowledge
You be the arbiter of Truth – The readers of The Metaverse Street Journal!