Three ways to get into the Metaverse platform by Me

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2 years ago
Topics: Metaverse, NFT, Future, Playtoearn, Crypto, ...

For those who want to take part in this hyper-growth and take advantage of the opportunity, there are a few ways I've explored.

No industry that you can think of and that currently has a very high market power does not offer the market potential of Metaverse. An opportunity of up to $30 trillion is at the doorstep of investors. Simply put, the metadata warehouse is the next iteration of the internet. It is a 3D virtual environment that will allow people to interact with each other as well as with their environment. This means that an entirely new digital ecosystem will be created within the metadata warehouse.

Does It Make Sense To Invest In The Metaverse Universe?

Even if you have more modest expectations from the digital economy, the internet, the mobile internet setting precedent, it shows that this is a $10 [trillion] to $30 trillion opportunity that will manifest in ten or ten and a half years.

By comparison, cloud computing has been one of the fastest growing industries for years and the market size is expected to reach “just” $1 trillion by the beginning of the decade. With forecasts like these, it's no surprise that investors are eager to tap into this hyper-growth virtual ecosystem.

However, there is no one-size-fits-all way to invest in the Metaverse repository. Instead, there are three ways investors can lay claim to this potential $30 trillion pie.

The 3 Most Accurate Ways to Enter the Metaverse Universe

1. Diversify. diversify. Diversify!

To begin with, investors can get Metaverse risk by putting their money to work in metadata-targeted exchange-traded funds (ETFs). The idea behind the Metaverse repository ETF is simple: Running a sandbox will require a lot of (quite a lot) working parts. Computing power to support the metadatabase, network and bandwidth to provide data, payments to run virtual ecosystem transactions, hardware to allow users to access these virtual worlds, and identity security to ensure digital assets and user identities are protected. Beware, this is only a small part of the physical and intangible needs of a huge virtual ecosystem. This means that dozens of companies can play a role in supporting the metadata warehouse.

The only minor hit here is that you will pay a net expense ratio of 0.75%, which is slightly higher than the weighted average expense ratio for all ETFs. However, a 0.75% expense ratio for the metaverse repository isn't too high.

2. Buy individual stocks with metaverse risk

ETFs (Exchange-traded funds), a second way to earn with Metaverse, is to invest directly in companies with Metaverse ties.

The advantage of this method is that it allows you to give more weight to companies that you think will perform better. There are also no fees or commissions for buying shares on major US exchanges, with most online brokerages eliminating commission fees and minimum deposit requirements. Therefore, this method can save some money over buying an ETF.

Buying individual stocks, on the other hand, will require more initial and ongoing research. Fortunately, most of the companies involved in the metadata are already well established.

3. YOLO (“You Only Live Once”) Strategy with Metaverse Cryptocurrencies

For those of you with a high tolerance for risk (and reward), the third way to stake your stake in the $30 trillion metaverse base is to buy related cryptocurrencies.

While most of the companies associated with the metaverse are profitable and time-tested, most metaverse cryptocurrencies have only been in the market for a few years. It is not yet clear whether they will have the financial backing or interest in the game to last for a significant period of time.

On the other hand, the two biggest players, The Sandbox (CRYPTO:SAND) and Decentraland (CRYPTO:MANA), have a market capitalization of $3.4 billion and $4.9 billion, respectively. If these two projects can consistently wipe out a significant portion of the capital invested in virtual worlds, these market values ​​could vanish in an instant as if they were stolen.

Both Sandbox and Decentraland have similar operating models. Both are play-to-win games built on top of the Ethereum blockchain. It allows users to purchase digital plots that can be upgraded or built on to attract other users. These parcels of land are stored as non-tradable tokens (NFTs), which provide immutable proof of ownership of a digital asset stored on the blockchain. While ownership of in-game creations remains with the developer in traditional PC and console games, Sandbox and Decentraland allow users to own and monetize their own creations through NFTs.

It is an effective bet on decentralized distribution of metadata with cryptocurrencies. This could be the case. But with many established companies like Microsoft dumping tens of billions of dollars into the metadatabase, a centralized future is also a very real potential outcome. -the choice is yours-

It can be seen as a risk that can be taken for those who want to take very high risks and get things done at once. This is purely a matter of strategy, I have only given this idea for the purpose of expressing it, not defending it. Whatever the subject we will invest in the world, we must think well before making that investment, build it correctly and then implement it.

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Avatar for PlaytoEarn
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Topics: Metaverse, NFT, Future, Playtoearn, Crypto, ...

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