The metaverse

The metaverse is an industry with vast potential and exciting possibilities. Get to grips with the concept and access our beginner-friendly guides to the metaverse.
Updated: Jul 7, 2023

The metaverse is a term that has gained popularity in recent years, especially in discussions surrounding virtual reality (VR), augmented reality (AR), and the future of the internet.

It refers to a virtual universe or a collective space where people can interact with each other in a three-dimensional, immersive digital environment.

What is the metaverse?

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The metaverse is like a massive virtual world where people can come together, explore, and interact with each other and digital things in a realistic and continuous way.

Inside the metaverse, users navigate around the world using avatars that represent their virtual selves. This allows the metaverse to operate as both a social platform, where you can communicate and form communities with other people, as well an economy where you an buy and sell assets and services, or interact with the world itself.

There are many virtual platforms that offer a version of the metaverse, in the form of online games, social platforms, and virtual and augmented reality worlds. The concept of a fully realised, interconnected metaverse that encompasses all these platforms doesn’t yet exist.

Can I invest in the metaverse?

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Yes, and there are a few different possible avenues to go down. One option is to buy the best metaverse stocks or ETFs, where you invest in companies whose business is about developing metaverse or the technology that surrounds it.

An alternative is to invest in the best metaverse cryptos, virtual assets that form an integral part of the metaverse ecosystem. These include utility tokens that power various metaverses and allow you to buy non-fungible tokens (NFTs), virtual land, or interact with the metaverse in some way.

It also includes blockchain-based gaming projects, as the metaverse concept often intersects with gaming, and this is a rapidly growing industry that could play a significant role in its future.

Whichever route you choose to go down, remember that the metaverse is a rapidly developing space where new technology springs up all the time. Consider the potential growth and adoption of specific metaverses, companies or cryptocurrencies and stay informed about the latest metaverse news before you invest.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.