By Bhawna
The metaverse is a 3D virtual world. It is a network of 3D virtual worlds. It is a virtual reality. The metaverse is accessed through virtual reality – VR headset. The navigation in the metaverse is done through eye movements, feedback controllers, and voice commands. The headset immerses the user and the user comes to feel the presence. It is created by generating the virtual presence and sensation of being there.
Metaverse is a digital, three-dimensional world that’s immersive and allows for social interactions and commerce, and many more things. Patience is needed here because metaverse could take a decade or more to develop fully.
How to invest in the metaverse?
Immersive hardware:
Image source: ednasia.com
Right now, metaverse hardware is limited to virtual reality (VR) headsets. Popular consumer products only have incorporated the senses of sight and sound that is audiovisual. But there can be other senses like touch that can be incorporated. This can be done via haptic devices.
3D creation software:
Image source: techcrunch.com
It is about building the virtual world’s scenery. It is about creating items that can be sold and bought. The metaverse needs software solutions primarily.
Interactive platforms:
Image source: leewayhertz.com
It is like the same way people visit websites on the internet. It is like a virtual world. Interactive platforms would be there in the metaverse.
Connectivity:
Image source: venturebeat.com
The connection will be lightning-fast. It will be there to accommodate unlimited metaverse participants. Computers will also be needed. This is because 3D would be needed to run smoothly.
Semiconductors:
Image source: venturebeat.com
The computing power of metaverse will be huge. This will require advancements in the semiconductor area. The metaverse will need to store a massive amount of data.
Security:
Image source: techrepublic.com
The people will be enjoying more activities in the metaverse. Their identities and finances will be protected. Cybersecurity is very important to note.
Metaverse has been an intriguing technological trend last year. So, here are some metaverse stocks that will definitely outperform:
Apple
Image source: economictimes.indiatimes.com
Apple is the first on the list. iPhone maker Apple has made significant development in augmented reality (AR) in recent years. Though there are only a few apps that make the most of the latest iPhone’s AR capabilities, there can be a future increase in developers coming up with Apple’s powerful AR toolkit. This will happen once Apple launches a headset.
Everyone is looking forward to Apple’s coming headset that would be having (as is rumored) the powerful M2 chip and high-resolution screens. The headset will be accompanied by an operating system called realityOS or ROS. It seems to be that Apple is using the same playbook or Launchpad that it used when launching the iPhone. Apple’s headset will be a turning point in the game and it will gradually make the smartphone vanish.
The visual aspect of Apple is appealing. But Apple’s spatial audio could make the Apple mixed-reality experience more immersive. In the audio department, Apple is a powerful force. This is because of its AirPods and Apple Music.
Nvidia
Image source: xrtoday.com
Nvidia is also a hardware innovator that can succeed in the metaverse. It is a chipmaker. It has an expensive stock. This is because it has the application of many of the popular tech trends like AI and metaverse.
The company’s Omniverse real-time graphics platform is very exciting. The Omniverse can help forge a revolution in automation. However, its applications could also help in energizing the metaverses of tomorrow.
The firm’s GPUs i.e. Graphical Processing Units will be in demand for sure, once the metaverse is ready for it. Nvidia is a video-gaming powerhouse. It has many of today’s popular gaming PCs.
In the GPU arena, Nvidia is an outstanding player that would continue to flourish. Though shares are expensive, the magnitude of growth on the horizon is high and can be high.
Microsoft
Image source: pixabay.com
This is also a software giant that can be successful in the metaverse. Microsoft is best-known for enterprise software. It has grown its share in the video-gaming market. It has Xbox console and Xbox cloud gaming.
Microsoft’s expertise in gaming and the cloud can help in its transition into the metaverse. In that area, Microsoft’s Teams Mesh can be the next step for conference calls. A digital office environment can be helpful with this as now there is a lot of remote work. Microsoft is a great one to play software in the metaverse. Gaming and workplace work will be the best with Microsoft in the arena.
Fastly
Image source: yahoofinance.com
It is in the infrastructure sector. Cloud computing and decentralization have created a small problem. It is the problem of data lag. Users experience this all the time. People have to wait a lot- clicking a link on their internet browser and then waiting for the page to load. The issue is all about the distance that the data needs to travel. That’s where the technology company Fastly comes into place. Fastly is an edge computing infrastructure as a service platform. It helps bring servers and other equipment to the data creation source. It can reduce the problem of time lag and decentralization. Fastly is growing fast. It will be a great metaverse stock. Like cloud computing, the metaverse will need a lot of edge computing solutions to make it come to the fore.
Conclusion
The metaverse is a great technology. It will be great game-changing technology. But the transition cannot happen overnight. It will be very rewarding too. The stocks mentioned here will definitely outperform. These will flourish in the future. But there are many challenges that need to be overcome before the metaverse can achieve fully. And the main challenge is the virtual part of this universe. VR is a key ingredient here in the metaverse but metaverse is not just limited to VR headset. It is much more than that. It is a digital world. Offering broad accessibility is a key challenge. So, the challenges have to be catered to.