Blockchain and Metaverse: Investing Opportunities You Need To Know

There is an inherent demographic shift of how people consume entertainment and physical goods that are shifting to the metaverse.

“I’m going to blow your mind with another concept, and that’s the metaverse,” said Ed Lopez, managing director, head of ETF Product at VanEck (OUNZ) – Get Report during a recent webinar of rock star panelists discussing the evolution of blockchain.

“We are going to have digital art, tokens used to play and buy skins in video games, and use a video game to access different concerts and venues. There will be a whole new kind of digital world where digital natives, the younger generation coming up, are participating in this and used to it today. But, it’s developing even further and I think blockchain technology plays right into that,” Lopez added.

NFTs are bringing real-world assets into the crypto landscape making things like real estate or patents more accessible and more liquid.

“To me, that’s a fascinating area to think about. As someone who invests in real estate, the idea of not having to deal with a title company, not having to deal with an inspector or other intermediaries totally lowers the cost of that type of transaction. And, I think you’ll see that in other industries as well,” Lopez said.

Companies are certainly looking at the metaverse, according to Zev Fima, research analyst for Jim Cramer’s Action Alerts PLUS Charitable Trust. “If you read the first-quarter earnings call from Unity, they take time explaining what they see in the metaverse.”

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Blockchain and Metaverse: Investing Opportunities You Need To Know

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