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Market

Metaverse is the next delicious “investment pie”

November 13, 2021 - Around 2 mins mins to read
What is the metaverse? A high-tech plan to Facebookify the world

The investment bank Morgan Stanley announced in a statement to investors on Thursday that Metaverse is now the next big investment topic. The bank’s strategists believe this new phenomenon is attracting a lot of interest from companies like Meta (formerly Facebook) and Microsoft, who are trying to get a grasp of the concept. Some of these companies are already using it.

Metaverse is a concept that involves building an alternate universe where individuals can model their image as they see fit and do real-world tasks like buying things, playing games, etc. with friends and other activities.

This concept has been captured by companies trying to develop their respective ideas. Facebook has been renamed Meta to reflect this new focus, and Microsoft is also adding metaverse-themed elements to its products starting next year. Morgan Stanley strategist Edward Stanley called:

“It could fundamentally change the way we communicate with others.”

So what is “the metaverse,” exactly? | Ars Technica

Attractive piece of cake

Stanley claims that more and more companies are incorporating these activities and elements into their projects. Tech and gaming stocks have benefited from this new trend, including game universes like Roblox. Stanley emphasized:

“The news flow around the Metaverse concept was high and companies are adopting it in increasing numbers. For all important topics, companies and analysts are more interested in Metaverse than in any other current topic. “

However, Stanley also admits that we are just beginning to build this alternate world. While all initiatives have begun to take shape, the entire metaverse still has a lot of work to do and will require significant interaction and collaboration from businesses for this world to exist. This becomes possible when users can seamlessly move their experiences and avatars from one platform to another.

Why Niantic is a dark horse in the metaverse wars - The Verge

Stanley also found that most of the companies participating in the Metaverse trend were from three countries. The United States, China and South Korea are the countries with the greatest focus on business start-ups and activities related to Metaverse.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
Market

Metaverse is the next delicious “investment pie”

What is the metaverse? A high-tech plan to Facebookify the world

The investment bank Morgan Stanley announced in a statement to investors on Thursday that Metaverse is now the next big investment topic. The bank’s strategists believe this new phenomenon is attracting a lot of interest from companies like Meta (formerly Facebook) and Microsoft, who are trying to get a grasp of the concept. Some of these companies are already using it.

Metaverse is a concept that involves building an alternate universe where individuals can model their image as they see fit and do real-world tasks like buying things, playing games, etc. with friends and other activities.

This concept has been captured by companies trying to develop their respective ideas. Facebook has been renamed Meta to reflect this new focus, and Microsoft is also adding metaverse-themed elements to its products starting next year. Morgan Stanley strategist Edward Stanley called:

“It could fundamentally change the way we communicate with others.”

So what is “the metaverse,” exactly? | Ars Technica

Attractive piece of cake

Stanley claims that more and more companies are incorporating these activities and elements into their projects. Tech and gaming stocks have benefited from this new trend, including game universes like Roblox. Stanley emphasized:

“The news flow around the Metaverse concept was high and companies are adopting it in increasing numbers. For all important topics, companies and analysts are more interested in Metaverse than in any other current topic. “

However, Stanley also admits that we are just beginning to build this alternate world. While all initiatives have begun to take shape, the entire metaverse still has a lot of work to do and will require significant interaction and collaboration from businesses for this world to exist. This becomes possible when users can seamlessly move their experiences and avatars from one platform to another.

Why Niantic is a dark horse in the metaverse wars - The Verge

Stanley also found that most of the companies participating in the Metaverse trend were from three countries. The United States, China and South Korea are the countries with the greatest focus on business start-ups and activities related to Metaverse.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

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