The metaverse is the world of virtual reality, where you can explore without being confined to a screen. It’s a digital space where you can create worlds with interactive elements, friends, and even other users. The metaverse is so much more then just video games. You will be able to work, shop, socialize, and more all in this new realm.
Here are some ways that you can invest in the metaverse right now before it explodes!
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The Concept Of A Metaverse
Imagine if you could go anywhere in a computer with your mind. Sounds like science fiction, right?
Since 2001, Elon Musk and others have been experimenting with metaverse. You can see this in some of the technology we take for granted today, like the internet, which everyone is familiar with.
But the ultimate destination for the metaverse is a place that is seamless and free to use.
It is a place where you can go to hang out with friends, work, shop, socialize, and even have your own avatar that you can put on your own body.
There are still many details that need to be solved, but the concept is starting to come to life.
Why the need to invest in the metaverse now?
It’s 2018 and you don’t want to be left out of the next big thing in technology.
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How To Invest In The Metaverse
One of the best ways to invest in the Metaverse is through a coin or token. Tokens (sometimes called digital assets) are used in transactions. They are digital certificates that can be exchanged for goods, services, or other things in the virtual world.
There are a couple of ways to invest in tokens. You can buy them through an exchange like Coinbase, Kraken, or Poloniex. When you use these exchanges you can buy crypto or digital assets.
You can also choose to invest in a startup or venture capital firm that has a digital currency. This company will hold a digital coin that will be used in the Metaverse. For example, investors that invest in SnapChat, Blockstack, or Stemit, will invest in tokens that will be used in the Metaverse.
Investing In Virtual Reality
You can invest in emerging technologies and build long term profits in the process. For example, over the last 3 years, VR has become an actual product rather then just a dream. VR is now available to consumers with several devices to choose from. VR gaming devices include the HTC Vive, Oculus Rift, and Samsung Gear VR. The HTC Vive also includes room scale and head tracking technology, which is one of the coolest features in VR. The device has much higher performance than the Oculus Rift.
New Google’s Daydream headset will be available by the end of the year and will be more affordable than the HTC Vive. This will allow more people to own VR gear. There are also 3D printers available on the market with “VR ready” filament. This filament will be needed to print the VR headsets.
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Investing In Augmented Reality
Entertainment is one of the biggest drivers of the metaverse because it’s already out in the wild, and ready to be explored and interacted with.
Augmented reality (AR) can be used to make purchases for anything from coffee or clothing to vacations. In fact, Facebook (NASDAQ: FB) just launched the popular AR platform called Facebook Spaces.
This space gives you the opportunity to explore new worlds without leaving your living room, and it includes a virtual camera that you can use to create and share virtual selfies with friends. You can use it to hang out with your friends, go shopping, play games, play virtual tennis, travel, and even practice yoga.
There are no screens, keyboards, or even connection to a computer involved, just your smartphone camera.
Investing In Artificial Intelligence
Artificial intelligence is one of the most important technological advancements over the past 100 years. Some people call it the new electricity or electricity 2.0. It’s the growth in the use of algorithms and AI in this market. Some of the biggest companies in the world are developing the technology and soon this industry will be worth billions. Companies like Apple, Microsoft, Google, IBM, and more are heavily investing in AI.
The growth of these technologies will also help to create jobs in many different industries, including video games!
Hurdles like the lack of education and access will create jobs to teach everyone about artificial intelligence.
With enough education and training, the demand for these jobs will increase.
The Future Of The Metaverse
While we have yet to see the metaverse as it will appear in our future, it is already happening now in parts of our lives. You can experience it right now, but it is in different forms.
Augmented Reality (AR)
Augmented Reality (AR) is simply the use of computer generated imagery (CGI) to augment the world around you. Sometimes it appears as a holographic projection, but it is often a projected image that appears in a room around you.
Augmented Reality has always been around, but the technology used to make it accessible is changing so quickly that you have to take it with a grain of salt. Google, Apple, and Samsung are leading the charge and want to be the leader in Augmented Reality.
One of the first times that the general public could experience this was with the company Magic Leap.
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Conclusion On Metaverse
Virtual reality has taken over the mainstream. While the space is still so nascent and filled with technology hiccups, it is rapidly becoming one of the next major platforms to define what digital is.
This democratization of technology and ability to interact without being confined to a screen is one of the major changes that we’re going to see in our future. Make sure that you have your eye on the metaverse, and allow yourself to experience this digital world and let yourself get immersed into it as you discover all of its virtual worlds.
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