SlideShare a Scribd company logo
By:
www.ProfitableInvestingTips.com
As we have written, the Metaverse is in its
early stages. Experts have compared
where the Metaverse is today to the
internet in the 1970s. Investing in the
Metaverse is also in its early stages.
However, if you want to get in on the ground
floor for maximum profits now is when you
want to pay attention. With that in mind we
are looking at progress toward a workable
Metaverse, how companies can get in
early and where investors should be
looking today.
Facebook Becomes Meta
The rebranding of Facebook to become Meta
brought the Metaverse into the public
consciousness. However, the Metaverse has
been in the works for quite some time.
Decentraland and Sandbox have already
been staking out positions in the fledgling
Metaverse and Facebook-now-Meta is
staking its future on the Metaverse. Forbes
looks at this move by Facebook-now-Meta
and asks why one of the biggest companies
is basing its future on a largely undeveloped
and untested technology.
Today’s Metaverse
Meta when it was Facebook took over
Oculus, a Virtual Reality headset company.
For $2 billion they got a head start with the
practical technology needed to make the
Metaverse usable. Their Meta Reality Lab
has been pushing forward with haptic
glovers and AR/VR glasses. Their virtual
reality “workroom” named Horizon is in
beta testing.
And they will be using Instagram to promote
NFTs from a virtual reality perspective. What
they are working toward are seamless
extension of reality to augmented reality (AR)
and substitution or alternative of virtual reality
(VR). The goal is to make the experience
indistinguishable for living, breathing
experiences. Critical to this goal are haptic
gloves that are meant to recreate the sense
of texture, weight, and touch and headsets
that provide visual experience like in real life.
VR Headsets Need More Work and More
Issues for Investors
Oculus is the leader in VR headsets but their
product is still not able to the myriad
details that the human eye can take in.
Another issue is the capability of the
internet to carry all of the necessary
information to allow for shared VR
experiences between users.
For there to be the necessary bandwidth for
complete use of VR across multiple
platforms it will have to be profitable
enough for carriers to make the necessary
upgrades and keep making them as the
Metaverse becomes increasingly
complicated.
Putting together AR, VR, 5G internet or
better, advanced computer programs, and
artificial reality will require the likes of
Facebook, Google, or Microsoft with the
money to make all of the moving parts
work together and the technical
horsepower to keep it going. However, like
with any industry, there are suppliers who
need only focus on optimizing and profiting
from their piece of the puzzle.
Invest Where There Is Value for Users
Today’s vision of what the Metaverse will be
and how it will be used in ten or twenty
years is probably wrong, or just partially
right. Companies will be well served to
consider how they can use the Metaverse
as it exists and how they can profitably use
it as it evolves. Much of the profits from the
Metaverse will likely come from those who
use the tools more so than those who
create them.
Useful approaches will be to consider how
metaverse tools can help your business,
engage in trial on a small scale, and
familiarize yourself with the tools needed
to make your steps into the Metaverse a
reality.
This will be the most expensive part as the
tools are likely to improve rapidly over the
years making last year’s investments
obsolete almost before your people are
trained to use them! On one hand if you
never get into the game, you may have no
chance of winning but on the other hand
you could wait until a “plug and play”
version is available and save a lot of
money and frustration.
Metaverse for Investors
Our take at this point is that you need to pay
attention and see who the players are
besides Meta and especially the smaller
companies who will come up with the best
tools like headsets and haptic gloves that can
be developed and plugged into a very
expensive system that has been developed
by someone else. Because the computing
power needed for this brave new world will be
very great pay attention as well to chip
makers who can establish profitable niches in
the Metaverse.
For more insights and useful information
about investments and investing, visit
www.ProfitableInvestingTips.com.

More Related Content

Similar to Progress Toward a Workable Metaverse

the_future_of_metaverse_in_terms_of_product_development.pdf
the_future_of_metaverse_in_terms_of_product_development.pdfthe_future_of_metaverse_in_terms_of_product_development.pdf
the_future_of_metaverse_in_terms_of_product_development.pdf
sarah david
 
Meta Plans for the Metaverse
Meta Plans for the MetaverseMeta Plans for the Metaverse
Meta Plans for the Metaverse
InvestingTips
 
Investing in the Metaverse
Investing in the MetaverseInvesting in the Metaverse
Investing in the Metaverse
InvestingTips
 
Mext Metaverse White Paper.pdf
Mext Metaverse White Paper.pdfMext Metaverse White Paper.pdf
Mext Metaverse White Paper.pdf
Mext Metaverse
 
Metaverse Business Opportunities And Revenue Generation Strategies.pdf
Metaverse Business Opportunities And Revenue Generation Strategies.pdfMetaverse Business Opportunities And Revenue Generation Strategies.pdf
Metaverse Business Opportunities And Revenue Generation Strategies.pdf
Ciente
 
10 Opportunities For start ups building in the Metaverse.pdf
10 Opportunities For start ups building in the Metaverse.pdf10 Opportunities For start ups building in the Metaverse.pdf
10 Opportunities For start ups building in the Metaverse.pdf
CIOWomenMagazine
 
Top Metaverse App Development Use Cases in Business.pptx
Top Metaverse App Development Use Cases in Business.pptxTop Metaverse App Development Use Cases in Business.pptx
Top Metaverse App Development Use Cases in Business.pptx
Red Apple Technologies
 
Metaverse social media platform
Metaverse social media platformMetaverse social media platform
Metaverse social media platform
Jenniferphilop0420
 
Metaverse social media platform
Metaverse social media platformMetaverse social media platform
Metaverse social media platform
Jenniferphilop0420
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
Jenniferphilop0420
 
Metaverse social media platform
Metaverse social media platform Metaverse social media platform
Metaverse social media platform
Jenniferphilop0420
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptx
Jenniferphilop0420
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
Jenniferphilop0420
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptx
Jenniferphilop0420
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptx
Jenniferphilop0420
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
Jenniferphilop0420
 
Metaverse social media platform
Metaverse social media platformMetaverse social media platform
Metaverse social media platform
Jenniferphilop0420
 
Metaverse social media platform
Metaverse social media platform Metaverse social media platform
Metaverse social media platform
Jenniferphilop0420
 
Metaverse social media platform
Metaverse social media platform Metaverse social media platform
Metaverse social media platform
Jenniferphilop0420
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
Jenniferphilop0420
 

Similar to Progress Toward a Workable Metaverse (20)

the_future_of_metaverse_in_terms_of_product_development.pdf
the_future_of_metaverse_in_terms_of_product_development.pdfthe_future_of_metaverse_in_terms_of_product_development.pdf
the_future_of_metaverse_in_terms_of_product_development.pdf
 
Meta Plans for the Metaverse
Meta Plans for the MetaverseMeta Plans for the Metaverse
Meta Plans for the Metaverse
 
Investing in the Metaverse
Investing in the MetaverseInvesting in the Metaverse
Investing in the Metaverse
 
Mext Metaverse White Paper.pdf
Mext Metaverse White Paper.pdfMext Metaverse White Paper.pdf
Mext Metaverse White Paper.pdf
 
Metaverse Business Opportunities And Revenue Generation Strategies.pdf
Metaverse Business Opportunities And Revenue Generation Strategies.pdfMetaverse Business Opportunities And Revenue Generation Strategies.pdf
Metaverse Business Opportunities And Revenue Generation Strategies.pdf
 
10 Opportunities For start ups building in the Metaverse.pdf
10 Opportunities For start ups building in the Metaverse.pdf10 Opportunities For start ups building in the Metaverse.pdf
10 Opportunities For start ups building in the Metaverse.pdf
 
Top Metaverse App Development Use Cases in Business.pptx
Top Metaverse App Development Use Cases in Business.pptxTop Metaverse App Development Use Cases in Business.pptx
Top Metaverse App Development Use Cases in Business.pptx
 
Metaverse social media platform
Metaverse social media platformMetaverse social media platform
Metaverse social media platform
 
Metaverse social media platform
Metaverse social media platformMetaverse social media platform
Metaverse social media platform
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
 
Metaverse social media platform
Metaverse social media platform Metaverse social media platform
Metaverse social media platform
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptx
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptx
 
Metaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptxMetaverse social media platform PPT.pptx
Metaverse social media platform PPT.pptx
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
 
Metaverse social media platform
Metaverse social media platformMetaverse social media platform
Metaverse social media platform
 
Metaverse social media platform
Metaverse social media platform Metaverse social media platform
Metaverse social media platform
 
Metaverse social media platform
Metaverse social media platform Metaverse social media platform
Metaverse social media platform
 
Metaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdfMetaverse social media platform PDF.pdf
Metaverse social media platform PDF.pdf
 

More from InvestingTips

When to Buy and When to Sell Bitcoin
When to Buy and When to Sell BitcoinWhen to Buy and When to Sell Bitcoin
When to Buy and When to Sell Bitcoin
InvestingTips
 
Dangers of Investment Leverage
Dangers of Investment LeverageDangers of Investment Leverage
Dangers of Investment Leverage
InvestingTips
 
Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?
InvestingTips
 
When Should Investors Trade Options?
When Should Investors Trade Options?When Should Investors Trade Options?
When Should Investors Trade Options?
InvestingTips
 
Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?
InvestingTips
 
How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?
InvestingTips
 
How CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto BusinessHow CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto Business
InvestingTips
 
Blockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterBlockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto Winter
InvestingTips
 
Economic and Investment Risks for 2024
Economic and Investment Risks for 2024Economic and Investment Risks for 2024
Economic and Investment Risks for 2024
InvestingTips
 
Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?
InvestingTips
 
Bitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term InvestmentBitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term Investment
InvestingTips
 
Bitcoin Versus NFTs
Bitcoin Versus NFTsBitcoin Versus NFTs
Bitcoin Versus NFTs
InvestingTips
 
Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?
InvestingTips
 
Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?
InvestingTips
 
Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?
InvestingTips
 
Obligations of a Crypto Business
Obligations of a Crypto BusinessObligations of a Crypto Business
Obligations of a Crypto Business
InvestingTips
 
Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?
InvestingTips
 
Are Smart Contracts Legal?
Are Smart Contracts Legal?Are Smart Contracts Legal?
Are Smart Contracts Legal?
InvestingTips
 
Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?
InvestingTips
 
Apple as a Model for Crypto’s Future
Apple as a Model for Crypto’s FutureApple as a Model for Crypto’s Future
Apple as a Model for Crypto’s Future
InvestingTips
 

More from InvestingTips (20)

When to Buy and When to Sell Bitcoin
When to Buy and When to Sell BitcoinWhen to Buy and When to Sell Bitcoin
When to Buy and When to Sell Bitcoin
 
Dangers of Investment Leverage
Dangers of Investment LeverageDangers of Investment Leverage
Dangers of Investment Leverage
 
Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?
 
When Should Investors Trade Options?
When Should Investors Trade Options?When Should Investors Trade Options?
When Should Investors Trade Options?
 
Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?
 
How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?
 
How CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto BusinessHow CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto Business
 
Blockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterBlockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto Winter
 
Economic and Investment Risks for 2024
Economic and Investment Risks for 2024Economic and Investment Risks for 2024
Economic and Investment Risks for 2024
 
Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?
 
Bitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term InvestmentBitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term Investment
 
Bitcoin Versus NFTs
Bitcoin Versus NFTsBitcoin Versus NFTs
Bitcoin Versus NFTs
 
Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?
 
Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?
 
Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?
 
Obligations of a Crypto Business
Obligations of a Crypto BusinessObligations of a Crypto Business
Obligations of a Crypto Business
 
Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?
 
Are Smart Contracts Legal?
Are Smart Contracts Legal?Are Smart Contracts Legal?
Are Smart Contracts Legal?
 
Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?
 
Apple as a Model for Crypto’s Future
Apple as a Model for Crypto’s FutureApple as a Model for Crypto’s Future
Apple as a Model for Crypto’s Future
 

Recently uploaded

What Ukraine Has Lost During Russia’s Invasion
What Ukraine Has Lost During Russia’s InvasionWhat Ukraine Has Lost During Russia’s Invasion
What Ukraine Has Lost During Russia’s Invasion
LUMINATIVE MEDIA/PROJECT COUNSEL MEDIA GROUP
 
Hogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returnedHogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returned
rbakerj2
 
Resolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdfResolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdf
bhavenpr
 
04062024_First India Newspaper Jaipur.pdf
04062024_First India Newspaper Jaipur.pdf04062024_First India Newspaper Jaipur.pdf
04062024_First India Newspaper Jaipur.pdf
FIRST INDIA
 
Hindustan Insider 2nd edition release now
Hindustan Insider 2nd edition release nowHindustan Insider 2nd edition release now
Hindustan Insider 2nd edition release now
hindustaninsider22
 
2015pmkemenhub163.pdf 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf 2015pmkemenhub163.pdf2015pmkemenhub163.pdf 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf 2015pmkemenhub163.pdf
CIkumparan
 
Letter-from-ECI-to-MeiTY-21st-march-2024.pdf
Letter-from-ECI-to-MeiTY-21st-march-2024.pdfLetter-from-ECI-to-MeiTY-21st-march-2024.pdf
Letter-from-ECI-to-MeiTY-21st-march-2024.pdf
bhavenpr
 
EED - The Container Port PERFORMANCE INDEX 2023
EED - The Container Port PERFORMANCE INDEX 2023EED - The Container Port PERFORMANCE INDEX 2023
EED - The Container Port PERFORMANCE INDEX 2023
El Estrecho Digital
 
Preview of Court Document for Iseyin community
Preview of Court Document for Iseyin communityPreview of Court Document for Iseyin community
Preview of Court Document for Iseyin community
contact193699
 
Gabriel Whitley's Motion Summary Judgment
Gabriel Whitley's Motion Summary JudgmentGabriel Whitley's Motion Summary Judgment
Gabriel Whitley's Motion Summary Judgment
Abdul-Hakim Shabazz
 
Acolyte Episodes review (TV series)..pdf
Acolyte Episodes review (TV series)..pdfAcolyte Episodes review (TV series)..pdf
Acolyte Episodes review (TV series)..pdf
46adnanshahzad
 
03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf
FIRST INDIA
 

Recently uploaded (12)

What Ukraine Has Lost During Russia’s Invasion
What Ukraine Has Lost During Russia’s InvasionWhat Ukraine Has Lost During Russia’s Invasion
What Ukraine Has Lost During Russia’s Invasion
 
Hogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returnedHogan Comes Home: an MIA WWII crewman is returned
Hogan Comes Home: an MIA WWII crewman is returned
 
Resolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdfResolutions-Key-Interventions-28-May-2024.pdf
Resolutions-Key-Interventions-28-May-2024.pdf
 
04062024_First India Newspaper Jaipur.pdf
04062024_First India Newspaper Jaipur.pdf04062024_First India Newspaper Jaipur.pdf
04062024_First India Newspaper Jaipur.pdf
 
Hindustan Insider 2nd edition release now
Hindustan Insider 2nd edition release nowHindustan Insider 2nd edition release now
Hindustan Insider 2nd edition release now
 
2015pmkemenhub163.pdf 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf 2015pmkemenhub163.pdf2015pmkemenhub163.pdf 2015pmkemenhub163.pdf
2015pmkemenhub163.pdf 2015pmkemenhub163.pdf
 
Letter-from-ECI-to-MeiTY-21st-march-2024.pdf
Letter-from-ECI-to-MeiTY-21st-march-2024.pdfLetter-from-ECI-to-MeiTY-21st-march-2024.pdf
Letter-from-ECI-to-MeiTY-21st-march-2024.pdf
 
EED - The Container Port PERFORMANCE INDEX 2023
EED - The Container Port PERFORMANCE INDEX 2023EED - The Container Port PERFORMANCE INDEX 2023
EED - The Container Port PERFORMANCE INDEX 2023
 
Preview of Court Document for Iseyin community
Preview of Court Document for Iseyin communityPreview of Court Document for Iseyin community
Preview of Court Document for Iseyin community
 
Gabriel Whitley's Motion Summary Judgment
Gabriel Whitley's Motion Summary JudgmentGabriel Whitley's Motion Summary Judgment
Gabriel Whitley's Motion Summary Judgment
 
Acolyte Episodes review (TV series)..pdf
Acolyte Episodes review (TV series)..pdfAcolyte Episodes review (TV series)..pdf
Acolyte Episodes review (TV series)..pdf
 
03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf03062024_First India Newspaper Jaipur.pdf
03062024_First India Newspaper Jaipur.pdf
 

Progress Toward a Workable Metaverse

  • 2. As we have written, the Metaverse is in its early stages. Experts have compared where the Metaverse is today to the internet in the 1970s. Investing in the Metaverse is also in its early stages.
  • 3. However, if you want to get in on the ground floor for maximum profits now is when you want to pay attention. With that in mind we are looking at progress toward a workable Metaverse, how companies can get in early and where investors should be looking today.
  • 5. The rebranding of Facebook to become Meta brought the Metaverse into the public consciousness. However, the Metaverse has been in the works for quite some time. Decentraland and Sandbox have already been staking out positions in the fledgling Metaverse and Facebook-now-Meta is staking its future on the Metaverse. Forbes looks at this move by Facebook-now-Meta and asks why one of the biggest companies is basing its future on a largely undeveloped and untested technology.
  • 7. Meta when it was Facebook took over Oculus, a Virtual Reality headset company. For $2 billion they got a head start with the practical technology needed to make the Metaverse usable. Their Meta Reality Lab has been pushing forward with haptic glovers and AR/VR glasses. Their virtual reality “workroom” named Horizon is in beta testing.
  • 8. And they will be using Instagram to promote NFTs from a virtual reality perspective. What they are working toward are seamless extension of reality to augmented reality (AR) and substitution or alternative of virtual reality (VR). The goal is to make the experience indistinguishable for living, breathing experiences. Critical to this goal are haptic gloves that are meant to recreate the sense of texture, weight, and touch and headsets that provide visual experience like in real life.
  • 9.
  • 10. VR Headsets Need More Work and More Issues for Investors
  • 11. Oculus is the leader in VR headsets but their product is still not able to the myriad details that the human eye can take in. Another issue is the capability of the internet to carry all of the necessary information to allow for shared VR experiences between users.
  • 12. For there to be the necessary bandwidth for complete use of VR across multiple platforms it will have to be profitable enough for carriers to make the necessary upgrades and keep making them as the Metaverse becomes increasingly complicated.
  • 13. Putting together AR, VR, 5G internet or better, advanced computer programs, and artificial reality will require the likes of Facebook, Google, or Microsoft with the money to make all of the moving parts work together and the technical horsepower to keep it going. However, like with any industry, there are suppliers who need only focus on optimizing and profiting from their piece of the puzzle.
  • 14. Invest Where There Is Value for Users
  • 15. Today’s vision of what the Metaverse will be and how it will be used in ten or twenty years is probably wrong, or just partially right. Companies will be well served to consider how they can use the Metaverse as it exists and how they can profitably use it as it evolves. Much of the profits from the Metaverse will likely come from those who use the tools more so than those who create them.
  • 16. Useful approaches will be to consider how metaverse tools can help your business, engage in trial on a small scale, and familiarize yourself with the tools needed to make your steps into the Metaverse a reality.
  • 17. This will be the most expensive part as the tools are likely to improve rapidly over the years making last year’s investments obsolete almost before your people are trained to use them! On one hand if you never get into the game, you may have no chance of winning but on the other hand you could wait until a “plug and play” version is available and save a lot of money and frustration.
  • 19. Our take at this point is that you need to pay attention and see who the players are besides Meta and especially the smaller companies who will come up with the best tools like headsets and haptic gloves that can be developed and plugged into a very expensive system that has been developed by someone else. Because the computing power needed for this brave new world will be very great pay attention as well to chip makers who can establish profitable niches in the Metaverse.
  • 20. For more insights and useful information about investments and investing, visit www.ProfitableInvestingTips.com.