Why aren’t you investing in the Metaverse? People with a lot of money are investing in it. They’ve built mansions, casinos, and even cities inside the world’s first virtual reality universe. The only thing you need to do is to purchase a virtual plot and begin your construction. Let’s learn more about the Metaverse.
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What is the Metaverse?
A metaverse is a virtual reality that involves the use of a computer to generate a world that can be interacted with by users. It is similar to a regular universe in that it contains planets, stars, and galaxies, but it is different in that users are not limited to viewing the world from one place.
They have the ability to move around this world and interact with other users. Basically, a metaverse is a massively multiplayer shared space that may contain real and fictional places, people, and objects.
Prominent People that Have Already Invested in the Metaverse
The Metaverse, a completely immersive virtual reality universe, provides a chance for anyone to experience it. Tucked away in labs and research facilities worldwide, virtual reality is quietly being worked on by a handful of pioneers for academic and commercial purposes.
There are several prominent people already invested in the Metaverse. Here is a list of some of the people that have embraced the metaverse technology and reaped significant benefits:
- The Winklevoss Twins
The Winklevoss twins have been involved in the cryptocurrency world since 2012. They were early adopters of Bitcoin and owned more than 100,000 Bitcoins. Although part of their stash was sold off during the Bitcoin rally at the beginning of this year, they still own a significant amount of cryptocurrency today.
Their interest in cryptocurrencies stems from their desire to create an alternative to fiat currency. In a 2013 interview, Cameron Winklevoss stated: “We have elected to put our money and faith in a mathematical framework that is free of politics and human error.” The Winklevoss twins are also working on their own crypto token, named Guarium.
Guarium seems to be a self-regulated cryptocurrency that focuses on consumer protection. It is designed to be used as a payment system for transactions that occur over the Guarium network.
The Winklevoss twins are looking to create a transparent financial system with Guarium where individuals can maintain financial independence from centralized authorities such as banks and politicians. The main objective of creating a Guarium is to develop an ecosystem that will empower consumers by giving them control over their finances and achieving greater financial freedom.
- Tony Parisi
Tony Parisi was the founding father of VRML, an XML-based markup language. The idea behind VRML was to create a common standard so that people could look at a 3D model on one computer and be able to move around in it from another.
Unlike today’s VR platforms, VRML was made to create real-world environments such as buildings and even cities, not just for gaming.
Using VRML, people could create 3D models and walk around inside them by using a kind of browser called a Multi-User Dimension (MUD). The idea was that people would create these worlds using VRML, and then you could go inside them by using this MUD client.
Best Investments in Different Metaverses
While investing in metaverses might not give you immortality, they will help make your remaining time here on earth as valuable as possible. Many would say it’s never been a good time to invest in a metaverse. Still, others argue that it’s actually a great investment.
One of the key things in determining the value of any kind is assessing what kinds of returns it can make. Sensible investments end up benefiting your finances, while bad ones end up draining them. It’s all worth it if you’re aware of what your best options are.
- Decentraland
Decentraland is an Ethereum blockchain-powered virtual reality platform. It allows users to experience, create and monetize applications and content.
The key characteristic of Decentraland is that its users own it. Users are able to purchase land through an auction process and build applications on their land to generate income or provide some other value to the community. Landowners can also sell their parcels in the future by listing them on the marketplace.
In order for users to access this decentralized platform and benefit from its features, Decentraland provides a distribution layer (SDK) that serves as an entry point for creating and interacting with content and applications.
You control your own avatar and assets. All in-world assets are stored on the blockchain giving you permanently, immutable ownership over anything you create or acquire. You earn MANA tokens by creating experiences that people want to visit. You can also use these tokens to purchase in-game benefits such as limited-edition items and advanced features.
- Sandbox
A Sandbox is an isolated environment where developers can test their code without risking damage to the production environment. It’s a safe area for “play,” and it allows us to test new features before we push them to the live site.
Sandbox is an open-world video game with no set missions or quest lines, allowing players to explore and create their own adventures with their given tools. The game allows players to build their own structures, from simple homes to complex cities. Players can also use vehicles to explore the map and fight enemies.
The core of the platform is the investment exchange, where startups are looking for funding, and investors can choose to finance them. In order to do so, you will have to do your due diligence on each company; however, they provide you with all the information you need to make an informed decision before you invest your money in them.
There are numerous advantages of investing in Sandbox. First and foremost, it is the perfect way to test your business idea without incurring any financial risk. Second, you will be able to try out different marketing strategies and approaches before making any actual investment. All you have to do is develop a web presence for your business, and you are good to go.
- GALA
Gala allows consumers to buy cryptocurrency directly from retailers. It already has all the features of a successful startup, including a live product and a team of experienced developers.
You can earn GALA by selling or renting unused goods or services with GALA’s built-in marketplace functionality or by referring friends who sign up using your referral code.
GALA is a revolutionized Investment Platform that guarantees the highest return of your money compared to any other platform. This is because of Gala’s unique investment algorithm, which eliminates the risks of investing in stocks, bonds, or commodities.
The GALA platform provides its investors with a secure and systematic way of earning income from their investments in multiple market sectors, including Gold, Silver, Oil, and much more.
- Enjin
Enjin is an ambitious cryptocurrency project that aims to help people worldwide integrate blockchain technology into their businesses and daily lives easily. Enjin coin’s main goal is to provide an easy solution for implementing virtual currencies into existing business models and projects without requiring any kind of technical knowledge whatsoever.
This will be done through the use of Token Integration hosted on the ENJIN platform and multiple other proposed features such as Smart Wallet and Enjin vault, which are set to be released in near future updates.
EnjinCoin is a completely new form of cryptocurrency, allowing gamers to manage and create virtual goods across multiple platforms. ENJ has already been integrated into thousands of games. It will soon become the standard for all blockchain assets used in the gaming industry.
With an average block time of 8 seconds, ENJ’s transaction processing speed is up to 100 times faster than Ethereum (15 seconds). This will allow for lightning-fast processing times on the platform, giving users quick access to their coins and tokens without any hassle.
- Somnium Space
Somnium Space is a scalable VR world that allows you to own land parcels and build whatever you like on them. The platform offers an innovative approach to the real estate market in virtual reality. It allows users to buy parcels of virtual land and then develop them as they wish. Somnium Space is also a marketplace where people can sell their creations or services to other players. This makes it an interesting investment opportunity for investors who want to try something new.
By owning land early on, you can build an empire or wait for the price to rise and sell your land later at a higher price. If you are not into VR, you can still participate by buying land and renting it out to other players via the website or the Somnium Space Marketplace app. You can also earn money by creating content and selling it through the marketplace.
Final Thoughts
Virtually anything that you can do in a physical world, you can probably do in the Metaverse. The Metaverse is vast and is the layer between regular reality and completely virtual worlds. There’s probably no limit to what it can offer us—all your favorite video games, real estate, employment opportunities. Basically, have your own life without dealing with financial limitations because your imagination owns this world.
