Even if the Metaverse has been overshadowed by the crypto crash and the gloomy economic prospects, programmers are still tinkering with Web3.0, which is intended to open the door to virtual reality in the Metaverse.
In addition to investments in metaverses, through land or valuables, an investment in shares in a metaverse can also be purchased via tokens. Today, however, we’re looking at the top 5 Metaverse stocks that could profit from the Metaverse hype in 2023. Let’s take a look at it in more detail.
Give it up for the #ExtendOmniverse best scene layout submission: “Meta Cloud Explorer (MCE)”
— NVIDIA Omniverse (@nvidiaomniverse) September 21, 2022
The semiconductor manufacturer Nvidia could become one of the biggest blade manufacturers of the future metaverses. With its platform called”Omniverse “, the chip designer offers the opportunity to design and produce objects for metaverses. The Omniverse is itself a kind of metaverse in which any world event can be simulated. Nvidia’s companion BMW has already turned this into reality by simulating the production function in its factories.
Yet, the Omniverse is primarily intended for developers, creators, and designers who can build virtual objects for other metaverses on the platform. The market could become a billion-dollar business for Nvidia in the next few years. The Metaverse could also push sales of semiconductors and graphics cards.
In order to be able to utilize the Metaverse in its structure, hardware is also needed. For the end customer, this consists of VR glasses, among other things. One of the best-known VR glasses is that of the Metaverse group Meta. Via its subsidiary “Oculus”, which deals with the VR glasses of the same name, Meta is its own shovel manufacturer. In addition to Meta, there are also manufacturers such as HP, Samsung, and Sony. So, VR Glasses could be one of the most beneficial Metaverse stocks in 2023.
Advanced Micro Devices (AMD) is a semiconductor designer from the USA. AMD does not assemble chips itself but designs and sells them. AMD chips are not only suitable for end products, but AMD chips are also necessary for data centers.
Is AMD a Metsverse Stock? Not directly. Yet, AMD profits massively from (crypto) mining. The company’s products are needed for the mining operation and growth in sales when mining interest grows. AMD could be a “shovel maker” of the Metaverse in 2023.
Online gaming platform Roblox could be the most profitable Metaverse stock. Roblox permits players to build and publish their own games on the Roblox platform. It is also possible to build 3D worlds that resemble the earlier ideas of the Metaverse. If Roblox moves more in the metaverse direction, the Roblox Studio platform could help build new metaverses or allow them for end consumers. Roblox could then function as the “backbone” for building new metaverses.
Companies like DraftKings are also profiting from the Metaverse boom. The business from the USA is one of the most prominent players in the NFT market, which is also important for Metaverse, thanks to NFT trading card collections such as that of football star Tom Brady. The company collaborates with the National Football Players Association, among others.
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