We always read success stories of popular products. How did they emerge? What innovations do they make to keep the product up?
What strategies did they follow to gain popularity among people?
But, along with success stories, there are many failed stories. But, we do not talk about failures. There are many emerging technologies today. But, what we may say about these technologies after 50-70 years?
Will they come in success stories or failure stories? Regarding these questions, our doubts and questions arise about the metaverse. Is metaverse going to be the most popular platform in the future? Or Can it be stopped?
According to the present situation, the metaverse cannot be stopped. At the current stage, we have to look at when this virtual world will be complete, not when it will stop. Now, different companies are making their virtual environments, and you can see how they are becoming popular among people.
Many developers completely shift themselves towards creating 3D environments that include 3D games. The popularity of VR games is in front of us.
You can see the VR headsets units are sold in recent years and what potential they can reach in the coming years. People are interested in its future growth and its present situation which means when this technology can be available people will not wait and think about anything. They will start to get access to the metaverse.
Meta company is about to invest $10 billion in the metaverse. It is huge money. Meta company has started work on this virtual world, and it is possible, that they have to spend huge money on building systems, hiring top professionals, and other things. Do you think meta will step back? Never, because Mark Zukerberg knew what is he doing when VR technology is discussed everywhere? People are curious about what may be the turning point of this digital era?
Let’s discuss the things in detail.
Can metaverse be stopped?
When similar products or gadgets came in recent years, some failed. The era was not digital, and people may not have much awareness of the specific thing. First, curiosity about the gadget is produced, and it is launched. But, in recent times, people were not curious about the launch of some specific products.
They do not have much information about the thing. Today, we live in the digital era, and it is simple for the product to gain popularity and become a trend. If you analyze the statistics in 2021, the market value of VR increased and increase in the sales of VR headsets, Metaverse was announced in 2021.
So, we can say that after the announcement of Metaverse people start the use VR headsets to know what is the future of the metaverse, and know, how interesting the metaverse can be. They are not coming slow.
In the next five years, this technology will gain as much popularity as artificial intelligence, and VR market value will boom. Nowadays, people start to learn skills that can help them when the metaverse full-version can be released. All these things will never let metaverse down.
If we have to stop metaverse we need to stop it right now. Because it is rising and people are almost doubling every year. Next year there will be more growth and many coming years. In this way, the situation will be out of control in 3-4 years. But, I do not think that Mark Zuckerberg will stop working this year, and the people working under him will continuously work.
So, it is difficult to stop metaverse. Other companies cannot stop it, but they can reduce the popularity of metaverse. How? By releasing better products in VR.
Microsoft is trying to do that by making VR games and making proper headsets so that kids can enjoy the games at home easily. If you look closely, it will also help metaverse to succeed. When people can play games in a 3D environment, they will desire to enjoy different things in a 3D environment, and Metaverse will do it for them, and it can gain popularity.
Is it too late to invest in the Metaverse?
No, it is not too late to invest in metaverse to buy its stocks. It was announced in 2021, and it has never gone so far. It is in starting phase. It is the best time to invest in this technology because all the reports are in front of us.
Today is not too late, but if you can wait and plan to invest after two or three years when metaverse will start to rise and get real attention from the users, it will be too late. Because the stocks will be high in price and lot of people will jump into metaverse investing.
At the start, bitcoin was neglected by the people, but after ten years its worth was thousands of dollars. If you invest in the metaverse today, after ten years or in 2032, you will feel proud of yourself for your time investment.
Metaverse land will be a good investment because in the future when metaverse will be available, these lands will be worth huge prices. Maybe some people will take it on rent and give us money after the completion of every month.
How will metaverse affect real estate?
Metaverse will change the game in real estate. Today, the value of digital assets is more than our physical assets. Metaverse will decrease the interest in physical land and covert the focus of the investor to its land.
The investor will not ever worry to invest in metaverse land because it cannot be finished in ten or twenty years. It will go on for many years if the company regularly adopts the trends and make suitable upgrades to it.
Many organizations are investing large money in buying things related to the metaverse, and these sales will never stop. When full working metaverse can be in front of us, these sales will boost up.
I hope that you are getting the point. If you have any questions related to it, comment below.