Investing in the Metaverse
Are you looking to invest in the metaverse? Here are four funds to consider: Hiro Capital 2 fund, MetaverseLife fund, and Nvidia and Unity Software funds. All are offering high returns and are gaining in popularity as an alternative investment.
You should read their descriptions before investing. You can also use eToro to invest in the metaverse.
These funds are all great options for diversified portfolios. If you’re not sure where to start, contact a financial planner.
Facebook has announced that it will invest tens of millions of dollars in the metaverse, and the concept has already indirectly benefited many altcoins. But with the Metaverse becoming a reality, eToro has stepped in and started a portfolio of companies related to the concept.
Here is a quick look at some of the companies in eToro’s MetaverseLife.
The company has launched a new smart portfolio that’s themed around the Metaverse. Its new MetaverseLife portfolio contains investments in key Metaverse projects, as well as in popular crypto-assets.
Users can invest in any of these stocks or coins and watch them grow over time.
The company has also added The Sandbox to its list of crypto assets, giving it an even more diverse and comprehensive portfolio than before.
The eToro’s MetaverseSmart Portfolio includes stocks from leading companies in the Metaverse and companies connected to it.
This is the first time an eToro smart portfolio has focused exclusively on companies related to the Metaverse, which includes game designers, hardware companies, social platforms, and cryptocurrency.
However, there’s no monetary risk associated with the investment, and deposits can take a couple of days to complete.
eToro’s Metaverse Life portfolio also features a unique cryptocurrency called Enjin. Enjin is a virtual currency that will be used in the metaverse.
The investment portfolio will be balanced annually, with the most recent MetaverseLife rebalancing taking place in February.
Despite its uniqueness, it is not easy to invest in this emerging technology. For investors, this new portfolio will help them take advantage of a trend that’s already sweeping the internet.
A smart portfolio should focus on cryptocurrencies and stocks that are involved in the Metaverse, rather than on the cryptocurrency itself.
If you’re unsure about whether to invest in cryptocurrencies, it is worth checking out Coinbase’s platform. It has a good reputation and offers an excellent platform for investing in crypto and stocks.
One partner of Metaverse is Unity Sofware, which provides software solutions for 3D content development. Its investments in several gaming platforms have seen its stock value soar nearly 45 percent since 2020, when it became public.
The company remains a high-growth stock with a potential for a further rise.
Hiro Capital 2 fund
Investors in the future have launched a new investment fund called Hiro Capital, targeting metaverse, videogame and Web 3.0 startups.
The new fund has three founders and will target 85% US companies and 15% European companies.
Founders Ian Livingstone, Cherry Freeman, and Luke Alvarez all started their careers as entrepreneurs, with Alvarez co-founding Inspired Entertainment, which is now a NASDAQ listed company.
Livingstone was also recently knighted for his services to the gaming industry.
Cherry Freeman, a serial entrepreneur, is a founding partner of Hiro Capital and has ten years of experience in angel investing.
The company is a veteran of the video games industry, and the second fund is now over EUR300 million in size.
The Hiro Capital portfolio includes companies in gaming, creator platforms, gamified fitness, and metaverse technologies.
The company is now focusing on investing in early-stage games companies with an enterprise value of between EUR400m and EUR2bn.
Ian Livingstone, the founder of Eidos and the father of Lara Croft, has built the fund to be a global force in the gaming industry.
The name Hiro Capital comes from a character in the 1991 book Snow Crash, where a man jumps between Los Angeles and a virtual world called the metaverse.
Since the launch of Hiro Capital, the company has made 21 investments in 21 companies, including FRVR of Lisbon, FitXR from London, and Keen Games of Frankfurt. It has also led a $22 million Series C round in Elvie, a London-based game developer.
In October, Hiro Capital was the only venture capital firm to invest in a game company.
While there has been considerable buzz around blockchain technology, the gaming community has not yet embraced crypto.
Team17’s management recently announced plans to release collectible NFTs for Worms, but a backlash poured in from gamers and employees.
Alvarez says that while the benefits of crypto have been hyped, Web 3.0 still has plenty of potential benefits. Hiro Capital is at the cutting edge of metaverse investing and gamified fitness.
Investors should take note of Nvidia’s intentions in building a metaverse. Nvidia’s CEO, Jensen Huang, has been talking about metaverses for years and recently gave a keynote presentation on the topic.
The company’s focus on metaverse technology shows that the company understands how important it is for its future customers to be able to build the ultimate experience.
The creation of this simulated world requires immense compute resources – something Nvidia excels at. Nvidia’s GPUs on PCs, in the Cloud, and even on dedicated Omniverse servers – to deliver a high-quality experience.
In addition to developing chips that power virtual reality and gaming experiences, Nvidia also has an established chip business.
As a chipmaker, Nvidia has a huge advantage over its competitors. Nvidia is the backbone of Metaverse. And if it becomes a practical reality, its stock price could rise significantly.
In addition, the company’s DRIVE technology helps automotive companies move toward autonomous driving on a large scale.
While investing in the metaverse is a risky move, Nvidia is still a tech powerhouse with a strong gaming business. As such, it is important to focus on the hardware that powers the metaverse.
Nvidia is already a leading player in GPUs, so focusing on GPUs could be a smart choice. But don’t forget about other tech giants, such as Advanced Micro Devices (AMD), Adobe Systems (ADBE), and even Microsoft, which recently acquired Activision Blizzard.
Currently, there are four main companies that are involved in developing metaverses.
The Round Hill Ball Metaverse Exchange-Traded Fund (ETF) is one of the most popular. This ETF holds the shares of Microsoft, Nvidia, Unity Software, and Roblox.
You can also purchase individual companies through exchange platforms such as NASDAQ or NYSE. And don’t forget that many of these companies are already putting their money into creating new technologies to help users interact with the virtual world.
AI is a growing part of the metaverse and Nvidia is investing heavily in it. The company is already integrating its chips into the AI Research SuperCluster of the Meta Platform.
Nvidia has also poured money into 3D technology and building a real-time reference development platform called Omniverse.
The company spent 2021 in beta testing but will launch the platform at CES 2022. If all goes according to plan, Nvidia GPUs will be in high demand.
Unity Software’s stock has soared recently after the company announced stellar earnings. The company is heavily focused on the metaverse, which it has said will lead to massive growth.
However, the company’s short-term profitability is uncertain and its EV/Sales multiple will likely decline as the company hits a speed bump. Therefore, it is probably only for high-risk investors to consider investing in the company. Nonetheless, investors should keep an eye out for these three companies.
Nvidia is one of the leading chip makers, which is likely to play a big role in the future of the metaverse.
The company is already investing in 3D technology and has built a real-time reference development platform called Omniverse.
The platform has only been in the market for a short time, but already has thousands of creators who are already using it. Because of this, Nvidia GPUs will be in high demand as gamers seek to have the best possible experience in the Metaverse.
Though the metaverse is many years away from achieving jaw-dropping numbers, it is already starting to become a major player in the market for photoreal CGI.
The company plans to use its platform to help developers create these worlds and hopes that a big demand will emerge for these creations. If this works, Unity’s platform will become the tool for content creation.
Despite being a small company, the company has connections and rubbed shoulders with numerous firms, so it should benefit from these relationships.
Unity Software invests in metaverse and augmented reality. Together, these companies aim to create the future of augmented, virtual, and mixed reality.
In fact, Unity is already the graphics engine of choice in game development, film, animation, and architecture.
In addition to being the preferred graphics engine for many industries, Unity is a powerful platform for the development of content in real-time. And with its game engine, developers can produce 3D experiences across many different platforms.
Weta Digital is a visual effects technology company that Unity acquired recently. Weta Digital, a company in New Zealand that creates digital effects for movies, is a good fit for Unity’s strategy.
Weta Digital has developed technology for re-creating iconic film scenes, including the Lord of the Rings franchise. Those investments, however, will allow the company to better compete in the metaverse.