Investing in the metaverse » crypto, stock market, games and digital real estate
As the adoption of the metaverse grows, so do the use cases and profitability. In this article, we’ll tell you why you should consider investing in Metaverse and how to get started in two easy steps.
A new realm of investment opportunities has opened up following the metaverse’s accelerated growth over the past few months.
The Metaverse evolves from a sci-fi dream to a reality of endless possibilities. As big tech giants and well-known brands announce plans to jump into VR, the metaverse’s expansion into the mainstream is hard to miss.
For example, Disney announced earlier this year a patent for metaverse technology for theme parks that would track visitors while projecting personalized 3D images to them.
This increase in adoption is actively making the metaverse a profitable reality, opening up new revenue opportunities for investors, gamers, digital creators, collectors, and developers. So let’s take a closer look and explore why you should get involved!
Can’t wait to get started? Binance is home to the world’s largest global cryptocurrency exchange by trading volume and user base, and offers a wide selection of metaverse tokens for users to add to their wallets.
Open a Binance account to begin your journey of investing in the metaverse. » Registration
What are the investment opportunities in the metaverse?
Whether you are a crypto investor, gamer, NFT creator, or collector, there are several ways to invest directly in the metaverse. Here are four ways to invest in the metaverse.
1. Metaverse Tokens
Metaverse tokens are virtual currencies used to conduct digital transactions within the metaverse. Since they are built on the blockchain, transactions on the underlying networks are secure and near instantaneous.
Metaverse tokens have a wide range of use cases. In addition to holding or exchanging the tokens for other crypto or fiat currencies, metaverse tokens are a key driver in fueling the metaverse economy as well as unlocking access to several services and applications. Below are different ways to use metaverse tokens:
Facilitate transactions: You will generally need native metaverse tokens to start buying, selling, or creating in the metaverse environment.
Games : Buy in-game assets or use them as a starting pool to participate in NFT play-to-earn games.
Virtual land and digital assets : buy virtual land that you can rent or sell, buy clothes for virtual avatars or unlock access to an exclusive community.
Voting rights : Some metaverse tokens allow holders to vote on key project decisions, such as where money should be invested or which new features to release first.
As the value of digital assets or metaverse projects increases, the value of their associated tokens will follow. And for risk-averse cryptocurrency investors, investing in native metaverse tokens may be a more suitable option. With so many use cases available and growing, there are plenty of ways for interested investors to start investing with metaverse tokens.
2. Publicly traded stocks linked to the metaverse
If you are a stock market investor, you can check out the companies whose business models or profitability are linked to the metaverse. Some notable examples include Meta Platforms, Microsoft, Roblox, Unity, Nvidia, and Cloudflare.
Acquisitions in the gaming industry
The year 2022 started with acquisitions of several billion US dollars, starting with the projects of take two to buy mobile video game company Zynga for US$12.7 billion, which was considered the gaming industry’s biggest-ever acquisition until Microsoft announces it is buying Activision. Blizzard (NASDAQ:ATVI), the studio behind the Warcraft, Diablo, Overwatch and Call of Duty franchises, for $68.7 billion in cash.
Microsoft said the deal would make it the world’s third-biggest games company by revenue behind Tencent (HKG:0700) and Sony. Two weeks later, sony announced it was buying Bungie, the video game developer behind the Destiny and Halo franchises, for $3.6 billion.
Meta (FB) has yet to spend billions of dollars on a games company since it acquired Oculus in 2014 for $2 billion, raising the prospect of a potential acquisition. a larger game studio similar to recent moves by Sony, Microsoft (NASDAQ: MSFT) and Grand Theft Auto publisher Take-Two Interactive (NASDAQ: TTWO).
Read also » Is Meta ready for a major acquisition in the gaming industry?
Industries such as e-commerce, video games, social networks, digital health and sports, online education, online entertainment and work platforms “should benefit from the expansion of the metaverse and improve monetization through higher retention rates, better user experience and customer loyalty,” according to Pictet Asset Management.
Top 5 publicly traded stocks related to metaverse
- Meta Platforms Inc. (NASDAQ:FB)
- Microsoft (NASDAQ: MSFT)
- Roblox Corp. (NYSE:RBLX)
- Nvidia Corp. (NASDAQ: NVDA)
- Vuzix Corp. (NASDAQ: VUZI)
3. NFT Play-to-Earn Games
There are two ways to invest in gaming in the metaverse.
1. Use game resources to play to win
More and more NFT games are adopting the Play-to-Earn model, where players compete to win in-game rewards or cryptocurrencies. For example, in the popular game Axie Infinity, players can enter Adventure mode or battle in the arena to earn rewards. Smooth Love Potions (SLP) – an in-game reward that players can use to create new Axies or trade cryptocurrency on exchanges.
However, keep in mind that not all NFT-based games use a Play-to-Earn model, and many are simply designed for entertainment purposes with no monetization options.
2. Buy and sell in-game assets
Most NFT-based games allow their users to buy, sell, and trade NFT collectibles on game marketplaces or marketplaces such as our NFT Marketplace.
In-game NFTs can include crafted weapons, cosmetic items, and power-up potions. For starters, you can purchase exclusive in-game items from Binance NFT’s weekly IGO launches.
4. Digital real estate
The Sandbox and Decentraland are the big players in the virtual real estate scene, and they have already started selling virtual real estate in NFTs in their respective metaverse ecosystems.
In February 2022, the banking giant JP Morgan has entered the metaverse with the launch of its Oynx lounge on Decentraland.
More recently, it was the turn ofHSBC to integrate the metaverse with a partnership with The Sandbox.
Just like real estate in the real world, once virtual real estate is purchased, the owner of the metaverse NFT land can rent, sell, or build on their digital property. Virtual real estate is a relatively new addition to the metaverse ecosystem, and while it holds great promise, it also comes with risks. So remember to do your own research before investing.
Top 5 metaverse tokens
Metaverse tokens have grown in popularity over the past few months, and it doesn’t look like they’re going to slow down. Below we have listed the most popular metaverse tokens:
- Axie Infinity (AXS)priced at $67.25 USD and a market capitalization of 5.17 billion USD
- Decentraland (MANA)priced at $2.73 USD and a market capitalization of 4.14 billion USD
- The Sandbox (SAND)priced at $3.56 USD and a market capitalization of 4.09 billion USD
- Illuvium (ILV)at a price of $628.40 USD and a market capitalization of 407.37 million USD
- Vulcan Forged (PYR)at a price of $11.75 USD and a market capitalization of 278.78 million USD
* These prices are based on the price as of March 28, 2022 on the stock exchange Binance.
** This list is ranked by market capitalization and is not a recommendation to buy or sell any currency.
How can I start?
Whichever investment method you choose, you must first buy cryptocurrencies to get started. The cryptocurrency you choose to buy can be the native token of the project or the crypto that allows you to transact on the respective metaverse platform.
For example, if you want to buy land on Decentraland, you must buy it using cryptocurrency MANA. Similarly, to buy axies in Axie Infinity you will need to buy the cryptocurrency AXS. If you are looking to buy NFT on Binance NFT, you will first need to buy some BNBfrom BUSD or some ETH to transact on the platform.
Naturally, as more brands and big tech giants begin to recognize the viability and potential of metaverses, the more the existing ecosystem will grow and so will the use cases for digital assets such as NFTs. will increase.
Moreover, investing in the metaverse is not just limited to trading or holding the tokens. Users can also find different ways to interact with the metaverse, such as buying NFT avatars, playing games, and more.
Since the metaverse is always evolving, it is important for investors to do their own research before making a purchase or investing in digital assets that interest them.
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Disclaimer: The information and opinions contained in this report are provided for general information only and do not constitute an offer or a solicitation to buy or sell foreign exchange contracts or CFDs. Although the information contained herein has been obtained from sources believed to be reliable, the author does not guarantee its accuracy or completeness, and assumes no responsibility for any direct, indirect or consequential damages which may result from the fact that anyone relies on such information.
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Investing in the metaverse » crypto, stock market, games and digital real estate
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