When Mark Zuckerberg of Facebook (NASDAQ: FB) fame started talking about “the metaverse” on his conference call, I had flashbacks to Spider-Man: Into the Spider-Verse, a movie my kids turned me onto that has the unique ability to incorporate a web-slinging pig named Peter Porker.
But no, our friendly neighborhood social media billionaire had something else in mind entirely, though what that is is still ambiguous.
On Facebook’s earnings call last week, Zuckerberg said, “In the coming years, I expect people will transition from seeing us primarily as a social media company to seeing us as a metaverse company.”
He followed this up by announcing he was forming a metaverse product group with one Andrew “Boz” Bosworth.
Boz writes that he wants to “remove the limitations of physics” in order to allow people to connect with other people in virtual reality.
Boz posted on Facebook:
The metaverse is already here as a collection of digital worlds, each with its own physics to determine what’s possible within them. The defining quality of the metaverse will be presence — the feeling of really being there with people — and Facebook Reality Labs has been focused on building products that deliver presence across digital spaces for years. Today, Portal and Oculus can teleport you into a room with another person, regardless of physical distance, or to new virtual worlds and experiences. But to achieve our full vision of the metaverse, we also need to build the connective tissue between these spaces — so you can remove the limitations of physics and move between them with the same ease as moving from one room in your home to the next.
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Building the Metaverse
All joking aside, the metaverse is happening and you can profit from it. One company I recommended jumped over 450% because it developed a virtual reality training system for the proper transport and storage of COVID-19 vaccines. It is also involved in military testing and training for systems, weapons, and even social justice causes like sexual harassment.
The metaverse will be real-time live action — no rewinding. You will be able to buy, sell, and invest just like in real life. Furthermore, you will be able to change and adapt your virtual self and your assets. For example, you can change your skin to fit various experiences.
Key components to building this will be sensors, virtual reality glasses, big data, artificial intelligence, supercomputers, and global high-speed infrastructure.
Is the metaverse overhyped? Yes, of course it is — but so were the internet, legalizing pot, and the cryptocurrency boom, and that didn’t stop people from making legitimate fortunes.
You want to get in on the metaverse in the early stages. In my Bull and Bust Report investment service, we are way ahead of Zuck as we’ve been buying metaverse stocks for six months now.
But it’s not too late to invest. In fact, this trend is just getting started. Click here now.
Christian DeHaemer Christian is the founder of Bull and Bust Report and an editor at Energy and Capital. For more on Christian, see his editor’s page.
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