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Biggest deal in gaming history: Is Metaverse a boon or a bane?
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🥤A second world

Metaverse is a virtual world and $Meta Platforms(FB.US)$ is joining to be one of the virtual worlds. $Disney(DIS.US)$ $Sony(SONY.US)$ $Microsoft(MSFT.US)$ all are joining this metaverse as people are going to become addicted to these worlds and all sort of nefarious stuff might happened. All sorts of scams started and of course from another view, one could make millions from this new world.

The metaverse offers alot of potential to revolutionise our lifestyles and communication and this developments accelerated post pandemic. The race has just started. Any company building those VR and AR technologies, digital assets companies such as NFT and its wallets are entering the markets with great opportunities. It seems like The Sims games that was once hyped before died down. For games, it brings in a new element of crypto.

If this is going to be a thing, how should we start to invest? One of the best way asides than buying the companies stocks is buying the cryptos and NFTs. NFT is usually a graphic arts, audio or video clips that give investors to own a virtualised asset on the block chain. Or invest in MANA token. It is a parallel universes right now. But these all comes with an underlying risks as the invested assets are super volatile. Do homework and take a calculated risks within one's means before investing. All the best 🍀
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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  • Aurelian : FB  bought on Friday already regretting

  • 甜心0121OP Aurelian: Be patient. The whole US is dipping 😂
    Mine was super red

  • Revelation 6 : I can agree and these are not get rich, quick, over night investments for the average retail investor. These will be long holds that are subject to the same market pressures and influences with one exception. The crypto coins or tokens that power these digital or virtual universes have little or no regulation on them. So the “Players” in the universe will be totally reliant on the honesty and integrity of the creators for “Fair play” and pricing along with the valuation of the host crypto. In my opinion that’s a lot of faith when your paying $30,000 for an imaginary piece of land that your going to build an imaginary house on. It seems to me the price to play this game is already out of control. What happens when you decide your done playing? Do the creators buy your imaginary stuff back at current appreciated prices? And how about fair play? How and who will determine that? We know how well the unregulated gambling industry worked with relying on their honesty and integrity. I think we’re putting to much faith in humans doing the right thing when history has demonstrated time and time again that they won’t. Just saying.

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