It’s a varied landscape with amazing casinos, up-and-coming art galleries, first-rate concerts, and luxury shopping…
With a focus on personal freedom and cutting-edge technological innovation…
Easily reached from just about anywhere in the world…
And every day, more and more people – especially young people – are visiting for work, play, education, or all of the above.
By 2025, it could be one of the 20 most valuable economies on the planet… bigger than Israel and Ireland’s combined.
Jensen Huang, NVIDIA’s CEO, thinks it “is going to be a new economy that is larger than our current economy.”
And Facebook CEO Mark Zuckerberg is trying to move his entire company to this place as soon as possible.
It isn’t a city, state, or country… In fact, it’s not a physical location at all.
It’s called the “metaverse,” and it’s where many of these trends and technologies are all starting to intersect.
It’s No Longer Science Fiction
It sounds like a science fiction story, but the metaverse is a virtual world… intimately connected to our real world… where just about anything is possible.
Some of our daily activities already contain shades of a metaverse future.
For example, do you have any online-only “friends” through a social media platform – people you haven’t met in person but who feel familiar?
That idea of a real personal connection without physical contact is laying the groundwork for a completely virtual world where people meet, interact, and have genuine relationships… maybe only as avatars of their real-life selves.
However, this will go far beyond an enhanced Zoom call.
With a virtual reality headset, you’ll get a full 3D panoramic view of the place you’re in… and hear everything going on around you as if you’re in the room…
And through haptic devices – mechanical interfaces that provide physical feedback, like the touchscreen on your smartphone vibrating against your fingers – it will even be possible to “feel” a virtual handshake or hug.
Some people have likened it to teleporting into and out of digital spaces, with completely realistic interactions.
In other words, you’ll be able to go anywhere and do just about anything from the comfort of an armchair and feel like it’s actually happening.
Meanwhile, the information conveyed by our mobile devices will also get more and more integrated with our real-world surroundings…
With the advent of 5G networks, individual data bandwidth will skyrocket. So it will be possible to experience much richer digitally-enhanced worlds as you travel through real, physical spaces.
Even if much of this still sounds abstract, it makes sense to get involved immediately – especially after what we’ve seen during past technological breakthroughs.
Remember how unbelievable a fully evolved internet sounded back in 1995?
Or how skeptical everyone was about cryptos when we first started recommending them in 2016?
Make no mistake: The metaverse will create opportunities that are just as big as any of those other technological revolutions.
In fact, this trend is already underway…
NFTs: The Key to Unlocking Value From the Metaverse
The metaverse encompasses all types of digital things many of us already use… video games… eSports… social media… digital collectibles… cryptocurrencies… and most famously, non-fungible tokens (NFTs).
An NFT is simply proof of ownership of a digital asset that’s verified by a blockchain.
The majority of NFTs are currently part of Ethereum. And as the metaverse continues to grow in scope and importance, NFTs will become more valuable.
It’s likely they’ll be used as avatars in the emerging metaverse – virtual representations of their real-world owners.
Essentially, they’ll be proof of long-standing participation in this entirely new digital world.
It will be much like owning the fanciest car in town or a great domain name during the early stages of the commercial internet.
Even corporations are starting to recognize the importance of NFTs in the emerging metaverse.
For example, Nike has filed for seven branding trademarks in NFTs and video games…
And Taco Bell, Coca-Cola, Campbell’s, and Microsoft have all introduced their own NFTs over the last few months.
These items range from virtual apparel to real-world artist collaborations and product redesigns.
How to Get Early Exposure to the Metaverse
The metaverse is going to be a huge trend. So big, in fact, that we could write countless pages on all its different aspects and how it might play out over the next several years.
At this point, there is no easy way to determine who the biggest winners will be. Some of them might still be a glimmer in an entrepreneur’s eye…
But if you want broad exposure, consider the Roundhill Ball Metaverse ETF (META). It holds 50 globally-listed companies – like Tencent, Microsoft, and Roblox – actively involved in the metaverse.
And it’s up nearly 14% since we first recommended it here in the Palm Beach Daily on August 5. But we believe it still has plenty of room to grow.
Remember, the META ETF is still new. So make sure you do your homework. Most importantly, you don’t need to bet a lot to make a lot.
This is a rare chance to put a small stake into a trillion-dollar trend and potentially see it turn into massive gains.
Analyst, Palm Beach Daily