The Virtual Future Is Here – How to Invest in Metaverse ?

The Metaverse allows investors to secure a spot in an evolving virtual reality world. Some in this land rush, like the others, are going to pan for gold, while others seem to sell ploughs.

There are clear skippable ideas (Quibi), ones you finally admit it’s time to pay attention to (we see you, TikTok), and finally, a small basket of once-in-a-generation changes that are so powerful that they begin to exert a gravitational pull on multiple aspects of our lives.

The metaverse has officially changed the game. Though it is still in its early stages, it is transparent that the metaverse will have a significant impact on how we communicate online, how brand names promote, how rapidly crypto is embraced, and a wide range of many other facets of life.

This year, several multimillion-dollar real-estate transactions have put the term metaverse on the edge of our mouths. The metaverse is a virtual world where users can explore using their avatars. It goes beyond gaming by allowing visitors to interact virtually and participate in various real-time activities. According to experts, the metaverse now represents a one-of-a-kind $1 trillion source of revenue.

What exactly is the Metaverse?

Metaverse

The Metaverse, which combines Augmented Reality (AR), Virtual Reality (VR), and video, is a step toward digitalizing truth. Users can work, play, and stay connected with family and friends in the virtual world through their digital avatars. There is plenty to do in the metaverse, from retaining a conference to traveling around the virtual world.

However, real estate appears to be capturing the attention of investors. The number of real estate transactions in the metaverse has been making headlines, with record million-dollar deals reported every other week.

To purchase the property in the virtual world, you must first join a metaverse framework, such as Decentraland, The Sandbox, or Axie Infinity, among several others. You only need a well-funded mobile currency to buy and sell in the metaverse. You could indeed keep one’s dollars in your virtual wallet after converting them to digital currencies like ether or native currency markets of the metaverse you’re trying to deal in, like MANA or Sandbox.

You can buy, rent, flip, or even sell properties in the digital world with the help of the metaverse’s nearly complete ecosystem, and ownership is via non-fungible tokens (NFTs) title.

What Does “Building the Metaverse” mean?

Building the Metaverse

The metaverse is defined as a unified 3D virtual world where users can congregate through their digital selves (i.e., avatars) and engage in complex interactions.

A science fiction writer, Neal Stephenson envisioned the metaverse as a metaphor for the real world, an embodiment of the internet, and an escape from reality.

The concept gained traction following Facebook’s mid-year earnings call in 2021 when the company announced massive investments in building the metaverse.

This was soon reinvented as Meta, as well as innovation behemoths such as Rockstar Games, Microsoft, Nintendo, and many others made the decision to invest millions throughout these advanced technologies.

And yet what exactly does this mean to build the metaverse? Unlike many other virtual reality applications, the metaverse is not a single technology platform that can be developed using the conventional agile development model.

Instead, it is a complex digital environment with seven distinct layers:

  1. The infrastructure consists of connectivity technologies such as 5G, Wi-Fi, cloud, and high-tech materials such as GPUs.
  2. Human interface – VR headsets, AR glasses, haptics, and other technologies will be used to connect users to the metaverse.
  3. Blockchain, artificial intelligence, edge computing, and other democratization tools are examples of decentralization.
  4. Frameworks for three-dimensional visual representation and model construction in geographic computer science
  5. Designer economy – A collection of design tools, digital assets, and e-commerce businesses.
  6. Discovery – The content engine that drives engagement, including ads, social media, ratings, and reviews, among other things.
  7. Experiences – Virtual reality equivalents of digital apps for gaming, events, work, shopping, and so on.

And now comes the exciting part: there are currently 160+ firms involved across these seven vertical markets, and they are all working together to build the metaverse.

Should you Buy or Pass on the Metaverse?

Going into the metaverse as a real estate developer is an entirely different story. As you could see from the information above, there is precedent to suggest that metaverse property investment can appreciate significantly over the years. However, there seems to be an excellent probability that every provided metaverse platform will become a virtual barren wasteland at any particular time for any number of reasons – or no reason at all.

Real estate in the metaverse is a highly speculative investment. You must believe that the platform will occur far enough into the future for you to cash out your investment and make a profit. It’s certainly possible, but the metaverse concept is still so shaky that its members struggle mightily to define themselves in any consistent way.

Some of these platforms will almost certainly survive, but predicting which will survive and fail is currently impossible. Decentraland was among the first, but it will most likely continue to be a playmaker for some time due to its success to high-value buy-ins bet to take on lots there.

Newer rooms, but on the other side, such As the Sandbox, are incredibly hot now, but it will be hard to predict whether they’ll stay hot or if this is a fad hype driving prices than actual long-term interest from users.

People do not require virtual real estate to survive daily, as they do with real-world real estate. They don’t rely on it for a roof over their heads, a place to grow crops or even a place to start a business.

They simply do not require it in the same way that we need the planet Earth. And, while individual metaverse platforms have capped the number of plots available, there is an infinite potential for new venues to emerge, creating a system that allows people to choose from an endless number of options.

How to Make Money in the Metaverse

There are 3 investment options straight within metaverse:

  • Buy metaverse tokens
  • Purchase non-fungible in-game tokens (NFTs)
  • You can purchase virtual property in the virtual world (also sold as NFTs)

Let’s take a look at how you can invest in the metaverse in two simple steps:

Step 1: Make a Crypto Wallet (Standard for All)

Every purchase, just like physical commodities, necessitates a wallet full of cash. To make investments in the metaverse, you must first create a crypto wallet and load it with currency.

For the purchase of metaverse tokens: In India, the most popular exchanges are WazirX, CoinDCX, and CoinSwitch Kuber.

For NFT purchases: MetaMask is the most popular cryptocurrency wallet globally. Because most NFTs are Ethereum-based, buying the ether (ETH) cryptocurrency with your traditional currency is best. Coinbase and Binance are also viable options.

Verify your identity to validate your wallet by knowing your customer (KYC) procedures.

Step 2: Sign up for an Account on your Preferred Platform

To buy metaverse tokens, go to the following link: The most straightforward way to obtain them is to go to crypto exchanges such as WazirX or CoinDCX and purchase them directly with your currency-loaded wallet. MANA, the native currency of the Decentraland metaverse; SAND, the currency of the Sandbox metaverse; and AXS, the currency of the Axie Infinity metaverse, are among the most sought-after metaverse tokens.

Purchase virtual real estate/in-game NFTs: You must register with the tournament where you want to buy things and link one cryptocurrency to their profile. Visit Decentraland for virtual property investment, Axie Infinity for personalities and land plots, Sandbox for artworks, etc.

If you want to access all of the NFTs in a single shared marketplace, you can sign up for an account with OpenSea.

Step 3: Choose the NFT you want to Buy and Pay for it

If you look through any of the platforms mentioned above, you will notice that NFTs do not have a set selling price. To obtain ownership of the NFT, one must bid on it and outbid all bidders. The NFT is quickly paid for using the wallet you created and loaded with cryptocurrency in Step 1.

An NFT traded on the primary market will invariably have a higher resale value. However, determining its actual market value in the primary market is more complicated because you can compare the price of one NFT to the cost of others on the secondary marketplace, which displays all NFTs on a single platform.

Indirect Investment in the Metaverse

You can also engage within metaverse in the following ways:

Invest in metaverse-related stocks: Metaverse-associated stocks are actively involved in the development of the metaverse. The companies could be involved in the production of virtual reality (VR) goggles, networking technologies, 3D SketchUp applications, etc. These stocks are available through brokerages or metaverse ETFs (Exchange Traded Funds).

Invest in the Metaverse Index (MVI): Invest in the Metaverse Index (MVI): The metaverse index, like stock market indices, captures trends in entertainment, business, and gaming that are shifting to the virtual universe. The price is currently $225.86. The MVI significantly reduces the risk of purchasing metaverse tokens by lowering volatility.

The metaverse is constantly evolving, and many new developments are on the way. We are seeing a massive shift from the physical to the virtual world. While there are many potentials, it is best to do your homework before making significant investments.

Conclusion

Today, a nascent version of the Metaverse exists, with digital goods such as Non-Fungible Tokens (NFTs) representing popular art and digital memorabilia being devoured by investors and crypto fans alike.

With big players like Facebook, or Meta as it is now recognized, trying to enter this space and convincingly signaling that the Metaverse is indeed the new future, it is only a matter of time before others follow suit matter of time before other entities follow suit, resulting in an exponential expansion of the Metaverse’s boundaries and unlocking vast volumes of value previously unknown to consumers and investors alike.