Blockchain metaverse startups: Unparalleled investment potential

Blockchain metaverse startups: Unparalleled investment potential

Think of how essential the internet is to everyday life now — that’s what the Metaverse could become in a lot less time than the internet did.

Neal Stephenson, a popular sci-fi writer coined the phrase “metaverse” in his first best-selling and breakthrough 1992 novel, Snow Crash. Now that concept is becoming a reality, and what’s more, you can invest in the metaverses. In Ready Player One, The OASIS is another example of an advanced virtual reality. Numerous other sci-fi authors, such as Ian M Banks, have created and used similar concepts within their novels.

Back in September, Facebook CEO Mark Zuckerberg was clearly interested in advancing the metaverse. In a recent earnings call, Facebook made it clear that they want to unify communities, creators and eCommerce in the metaverse with Zuckerberg

When we consider the total addressable size of this market — and include the core growth segments such as creators, hardware, advertising and eCommerce — it could be worth more than $1 trillion. When we also consider how essential the internet as it currently is to everyday life, that’s what the Metaverse could become in a lot less time. As an investment opportunity, metaverse companies, especially ones at the ICO and IDO stage are unparalleled in their upward potential, provided that you pick wisely, of course.

We are witnessing and playing a part of something exciting. The internet and the way we experience reality will never be the same again with numerous upsides from the accelerated expansion of metaverses and virtual realities.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Johnny Lyu is the CEO of KuCoin, a cryptocurrency exchange launched in 2017. Before joining KuCoin, he had accumulated abundant experience in the e-commerce, auto and luxury industries.

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