Yesterday, we wrote an article looking into what the Metaverse is and how it can expand. Today, we’re following on from that article and looking at ways you can profit from the boom.

How can you benefit?

The best investments are often the ones that buyers got in early on. Bitcoin was the best performing asset of the decade, returning 20,037,142% since the start of 2010. Early investors in Amazon have seen a near 1,900,000% return. A 2013 investment in Tesla, the largest EV name, returned over 18,000%. These are clear examples of the benefit of being early in new advances that are adopted on a worldwide scale.

We are not here to fool you. A return like those noted above is unlikely for this latest technology expansion. Some Metaverse related investments have already made significant gains. However, we believe we are still in the very early stages. So, here are some ideas that we think will pay off in the future, putting money in you pocket to enjoy in your own Metaverse at some point.

Crypto picks

Within crypto, Decentraland (MANA) and Sandbox (SAND) have much potential. Decentraland is a virtual reality platform that enables you to buy, sell and manage your virtual property. We mentioned in the last article that a piece of land had recently sold in Decentraland for $2.4M. Sandbox is very similar. It is backed by SoftBank, one of today’s most influential tech investment companies. Sanbox also runs on the Ethereum blockchain.

Stock picks

For stocks, these names that look set to benefit: Meta (FB), Disney (DIS) and Microsoft (MSFT). All of them have a strong foundation already. Meta will focus heavily on their Metaverse, expanding the platform for the huge audience they already have. I think this may be one of the most popular virtual reality worlds. In the same way, Microsoft can build off what they have already and may see some near term growth as they look to implement features for Microsoft Teams next year. Disney is looking to create their own Metaverse built on the much loved brand they already have. You can read more on them in a recently published article here.

Another side to think about is the tech development. Stocks like Intel (INTC), Nivida (NVDA), Advanced Micro Devices (AMD) and IBM (IBM) will all benefit from increased demand on technology. Intel and IBM are large, well founded buinsess that are always expanding the technology field. These companies will be leading the way in development for the next generation of the internet. Nivida is a market leader in artificial intelligence. AMD specialises in the gaming field, advancing the software and hardware within the sector.

So, which one?

All of these names are great picks. Crypto will offer a shorter term reward but you have to take that with more risk. It’s a much more volatile market. The stock options have lower risk, but if you are aiming for a long term investment, the rewards will still be amazing. Either way, make sure you don’t miss this opportunity as the world looks towards the next development.

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