Metaverse stocks

Metaverse -- a phrase first coined almost 30 years ago by science fiction writer Neal Stephenson in his 1992 book, "Snow Crash."

The nascent metaverse is the intersection of virtual reality, augmented reality, three-dimensional video environment, and an all-encompassing virtual environment. It's a combination of multiple elements of technology, including virtual reality, augmented reality, and video, where users "live" within a digital universe. Supporters of the metaverse envision its users working, playing, and staying connected with friends through everything from concerts and conferences to virtual trips around the world.


Unlike current VR, which is mostly used for gaming, this virtual world could be used for practically anything - work, play, concerts, cinema trips - or just hanging out.

 

• Oct. 28, 2021: Facebook announced that it was changing its name to Meta, a reflection of its focus on the metaverse, a virtual world it sees as the future of the internet.
• Months before Zuckerberg’s announcement, Microsoft CEO Satya Nadella was among the first American tech executive to refer to his company’s offerings as part of an “enterprise metaverse.” Chinese conglomerate Tencent, whose holdings include everything from social media apps to stakes in Hollywood studios, has also accelerated its efforts.
• Tim Sweeney, the head of Epic Games (which makes Fortnite), has long spoken about his metaverse aspirations.  In recent years Fortnite expanded its product, hosting concerts, brand events, and more inside its own digital world. That impressed many with what was possible - and thrust Mr Sweeney's vision of the metaverse into the spotlight.
• Earlier in 2021, the Ferrari 296 GTB was dropped into “Fortnite,” which became a test drive, so to speak, of how the automobile industry may use the metaverse. The game has become a sort of experiential lab and incubator of these ideas, said Donald Mustard, chief creative officer at Epic Games.

ETF:  META  Roundhill Ball Metaverse ETF (launched on June 30, 2021)

++ETF: VR

• FB  Meta Platforms
• MTTR  Matterport; a developer of a 3D media platform used to establish 3D and virtual reality models.
• IMMR  Immersion;  a developer and licensor of touch feedback technology, also known as haptic technology
• U  Unity Software; software solutions that are used to create, run, and monetize real-time 2D and 3D content across mobile devices, PCs, game consoles, and virtual reality devices
• RBLX  Roblox; has 47 million daily active users that come to its platform to play games
• NVDA  Nvidia; Graphics processing units (GPUs)
• AAPL
• NTDOY
• NKE
• MSFT  Microsoft; a mixed reality platform called "Microsoft Mesh" and cloud services called "Microsoft Azure."
• AI
• Tencent (OTCMKTS:TCEHY)