The metaverse and Web 3.0 may be disappointing investors now but it is the future. Understand the seven layers of the metaverse and how to invest. Check out Epic Games on Dizraptor here: https://mystockmarketbasics.com/epicgames
Is there any doubt we are all heading towards a Web 3.0 experience and the kind of augmented reality experience in the metaverse? In our games, on social and in movies we want a more immersive experience.
Just like the crashing of the dot-com bubble had people saying the internet was dead…only to see it change our lives in the years to come, I can say without a doubt that the metaverse pessimists will realize those with the last laugh are then ones positioning for that same kind of growth.
Web 3.0 is about decentralization, where nobody owns the tools you use to interact online. Here you become the exclusive owner of your digital self.
The metaverse is much more than just virtual reality or the clunky world Facebook is trying to build. It’s the visual representation of that idea that is Web 3.0!
The metaverse and the companies benefiting will be multiple times larger than this because it will integrate so many more facets of our reality than just social media and Web 2.0 does. Precedence Research estimates 44% annual growth in metaverse revenue to $1.3 trillion by the close of the decade. That’s from just $75 billion this year and I think even this growth could be underestimated.
Really understanding the metaverse opportunity and that deal I’m watching on Dizraptor though means understanding what it is and the companies involved each step of the way. For this, entrepreneur Jon Radoff has outlined the seven layers of the metaverse, explaining the value chain and technologies behind it.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.