Some of the Top Metaverse Stocks to Consider for New Year 2022

January 04, 2022 - Baystreet.ca


One of the hottest buzzwords of New Year 2022 could very well be “metaverse.” In fact, should all go well, we could be looking at a potential $828.95 billion industry between now and 2028, according to Emergen Research. Even Bloomberg Intelligence says the industry could be worth up to $800 billion in the next two years. In short, we could be looking at a massive market here, where companies and investors are racing to be a part of. Look at Tokens.com Corp. (NEO:COIN)(OTCQB:SMURF)for example, which may be one of the only public companies to give investors exposure to the multiverse with its real estate holdings. Or, look at

Coinbase Global Inc. (NASDAQ:COIN), Meta Platforms Inc. (NASDAQ:FB), Galaxy Digital Holdings Ltd. (TSX:GLXY)(OTC:BRPHF), and NVIDIA Corporation (NASDAQ:NVDA).

For those of you that may be new to the term, metaverse it’s a combination of augmented reality and virtual reality resulting in a digital world where users can shop, play, work, and socialize with millions of other potential people all over the world. The potential growth here could very well be off the charts once things really get moving.

Look at Tokens.com Corp. (NEO:COIN)(OTCQB:SMURF), For Example

Tokens.com Corp., a publicly-traded company that invests in Web 3.0 assets linked to the Metaverse, Decentralized Financeand Non-Fungible Tokens just announced that its subsidiary, Metaverse Group has entered into a lease agreement with Decentraland to host its highly anticipated Fashion Week on its virtual property. The agreement allows Decentraland to develop Metaverse Group’s 116 parcel estate in the Fashion District, purchased in November 2021, with virtual towers, fashion tents and runways in preparation for the event.

The first of its kind virtual fashion event, being held March 24th to 27th, is expected to draw some of the biggest fashion brands in the world. Decentraland is partnering with Metaverse Group and UNXD to curate an exclusive fashion show experience featuring avatar models, catwalks, pop-up shops, after parties, and immersive experiences, connecting digital to physical fashion. The event aims to strengthen the fashion ecosystem in the metaverse, connecting communities, new designer brands and NFT projects.

“The metaverse is going to impact nearly every type of consumer technology including social media, gaming and fashion. Metaverse Group, our subsidiary, is at the forefront of this evolution. Our collaboration with Decentraland validates our thesis of becoming virtual landlords and being able to generate returns from our NFT properties through immersive experiences for users,” commented Tokens.com CEO, Andrew Kiguel.

The fashion show partner UNXD is a luxury curated crypto marketplace that recently launched the Dolce & Gabbana NFT collection “Collezuone Genesi”, which generated approximately $5.65 million in sales.

“We are excited to partner with Metaverse Group and Tokens.com on Fashion Week. Not only will this be the biggest event of its kind in Metaverse history, but this also validates the ability for Decentraland to create a fully functioning economy on an open virtual platform,” said Sam Hamilton, Decentraland’s Community and Events Lead.

A metaverse is an online world where people can work, play games and communicate in a virtual environment. Tech firms have implemented metaverse elements in popular games including Animal Crossing, Fortnite and Roblox. These elements include planning live events such as concerts, fashion shows, conferences, pitch competitions and tournaments where millions of players can interact from around the globe.

2021 was a landmark year for luxury brand giants such as Gucci, Burberry, and Louis Vuitton who entered the metaverse through their designer NFTs. Through Metaverse Group, Tokens.com will be further developing Fashion Street and bringing new opportunities for fashion brands to showcase new digital merchandise in the metaverse.

Tokens.com has also solidified its presence through the Tokens.com Tower, which is currently under construction in Decentraland’s Crypto Valley and will be complete in Q1 2022. The tower will host future crypto conferences and events. The tower will also have leases, and will rent out virtual spaces to other companies. Since announcing the Tokens.com Tower several parties have expressed interest in renting out the spaces.

Other related developments from around the markets include:

Coinbase Global Inc. says, “we want to help pull all the pieces of identity together — essentially creating an identity on-ramp into the Metaverse. That’s the idea behind our work with ENS, which makes it possible to create a unique username NFT that resolves to a wallet. Eventually, this will allow users to carry a unique ID across different worlds in the Metaverse.

We’re also working on technology that will allow you to purchase your avatar, define and maintain your public profile, and establish trust. And we’re working on features like Sign in with [Eth/Coinbase], which could allow users to sign into every app in the Metaverse.”

Meta Platforms has “leading scale within the digital advertising industry and market-leading innovation with regard to longer-dated augmented reality/virtual reality and metaverse initiatives,” according to Goldman Sachs, as quoted by TheStreet.com.

Galaxy Digital Holdings Ltd. the pre-eminent global provider of blockchain and cryptocurrency financial services for institutions, today announced the launch of the Galaxy Solana Funds, passively managed funds that seek to track the performance of the newly-launched Bloomberg Galaxy Solana Index (ticker: SOL). As the world's fastest programmable blockchain, Solana can handle up to 50,000 transactions per second and hosts over 400 DeFi, NFT and other Web 3.0 projects. At the time of writing Solana ranks the fifth largest digital asset by market capitalization at $48 billion, and its total value locked (TVL) stands at $11 billion, up from $150 million in March 2021.

NVIDIA Corporation just announced that it will deliver a special address during CES on Jan. 4, 2022, at 8 a.m. Pacific time. Jeff Fisher, senior vice president of GeForce, and Ali Kani, vice president and general manager of Automotive, will present the latest breakthroughs in accelerated computing — from design and simulation to gaming to autonomous vehicles.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Tokens.com Corp. byTokens.com Corp. We own ZERO shares of Tokens.com Corp. Please click here for full disclaimer.

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