What about the Metaverse ?
It’s fairly new and it will be a game changer for some, but how much do you know about the Metaverse, and why is it important, as an investor, to know something about it? To start, we can describe what it is:
Metaverse – a collective virtual open space, created by the convergence of virtually enhanced physical and digital reality. It is physically persistent and provides enhanced immersive experiences. Here is a virtual world where people can meet and interact with each other on topics of mutual interest. Several technologies, like Augmented Reality (AR) and Virtual Reality (VR) are what can make the Metaverse an immersive experience that enriches whatever is being discussed, envisioned, and accomplished. Some examples of Metaverse experiences that are, or will be, possible are shopping, playing games, attending a concert, doing business, and posting notices and comments. It is a place other than normal reality, so you could do things in the Metaverse, but not all of it could be ported seamlessly into the real world. However, business decisions for instance, could be discussed and settled in a Metaverse meeting and then taken into the real world to be fully implemented. The possibilities for using the Metaverse are being explored and expanded as we speak.
Metaverse technology is unique and complex. It is device-independent and not owned by a single vendor. It is an independent virtual economy enabled by digital currencies and nonfungible tokens (NFT’s), needing several enabling technical capabilities like AR, VR, head mounted displays (HMD’s), the Internet of Things (IoT), 5G, and spatial technologies.
Think of a topic and there may soon be a Metaverse for that topic, where you can meet and interact with people interested in, or involved with, that topic. Metaverse is a new trend that may not be what everyone wants or needs, but it is very likely to be a trend that may be underestimated by some investors. So, even if you don’t use it, or ever want to use it, it may be a trend with great upside investment potential that investors could ignore at their peril. Discounting the Metaverse potential could mean missing out on disruptive and explosive investment opportunities. Don’t forget the miscalculations and slow take-off of cell phones and Smartphones. Now there was investment opportunity that we could have all profited from, even if we never use or own a mobile phone. Right now, there is no limit on ways the Metaverse may be used to great advantage, so ignoring it may not be a profitable investment bias. Even if you see no direct usage for yourself, remember that Facebook has rebranded as META, and members of the digital-first generations are quickly moving to metaverse gaming.
After the tech sector correction, many tech stocks on our watch list have dropped into or near our buy zones. We are working on the next batch of recommendations, which will be sent out to Premium subscribers soon.
The goal of TREND DISRUPTORS is to discover and monitor technical developments that have the potential to DISRUPT a market sector. We look for the best new ideas, so that we can generate actionable investment recommendations for subscribers. As a general rule, our recommendations are speculative, and we advise caution, discretion, and thorough research. We strive to identify investment opportunities that can lead to success for the well-informed investor.
Stay tuned!
