What’s the Metaverse? It’s a term coined in the visionary book Snowcrasher and means the Virtual Reality space that we will (inevitably) live in the future. I’m not going to talk about how good or bad this is about the society or other ethical matters. This publication focuses on investments and this is definitely THE theme you should be looking at now that it’s still early.
Crypto plays
As we have pointed out before in previous articles Sandbox is a similar concept with Roblox. There is a VR world but built on the blockchain where you can own land and using their currency (SAND) you can build games that other people play when they visit your land. The promise is good if they execute correctly and given the recent super hype of AXS (crazy!) the market cap of SAND can go much much higher.
Similarly we have talked about one of our favorite games. This comes in a combo of stock or crypto play. It’s ATARI and apart from building a casino on the blockchain they also have other stuff going on with NFTs, gaming and other projects. Don’t forget that this company was kind of dead before crypto mania so nobody knows. On the other hand the ATRI coin is pumping predictably for the last 2 years.
And ladies and gentlemen our all time favorite. DECENTRALAND and it’s corresponding currency (MANA) is the most serious project out there. It’s really a modern Second Life (do you remember that game?) but built on the blockchain. They don’t have the VR features that they announced during their ICO in 2017 yet but it’s a fully functional world. Parties are happening, meetups and sales of NFTs. Go check it out it’s free and you need only a PC and a browser!
Somnium Spaces (CUBE) is a project that is similar to Decentraland but it’s completely in VR mode (but also browser mode) already! Less known gem and with NFT galleries and stuff going on. You can also check out this immediately.
How to play the theme
The best and safest way to play this is to buy everything and spread your bets depending on your risk tolerance. Buying ATRI and MANA is not the same as buying FB stock quite obviously. On the other hand you know what comes with risk? REWARD 🙂 Don’t forget to also buy LAND and coins in the projects you like because we don’t know yet what will be the best play long term.
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