how to make money in the metaverse, metaverse market size 2022, metaverse market research
Does that make sense? And when that new frontier is released, what are the ways in which people are making money with this? Well, the primary way is just about obvious. If you are not smart, if you do not have any skills, you simply just invest within those that are smart and have those skills. Now, you know, this is not financial advice.
I'm not a financial advisor. Investing in anything is risky. the primary way is, like I said, if you're not smart, if you are doing not have any experience, sometimes it's just better to travel ahead. And for instance, invest in those that are smart and have that right. That's why after you literally plow ahead and appearance at Fool, they literally speak about the highest ones to travel ahead and invest in to create money if you do not have any skills whatsoever, or any experience right. the primary one is that the blog which as you'll see, seems to be a great gaming play a self-driving car technology likewise. But as you'll see their biggest thing is their processing units, our gold standard in powering computer game games. And on top of that, they've already launched you recognize a Metaverse style platform in 2019. So they're already proven to figure out and that they have already got some success within the past. So a number of the simplest things actually get into is that if you have already got those that have a proven account, like, as an example, Elon Musk, he already had like SpaceX, and Tesla and Solar City. So whatever project that he probably gets into, it's probably like, it's, I would not say safe bet, because any investment is risky. But you said it just like the leader rather than the particular ideas, it is sensible. The second thing, of course, is just throwing the money into Facebook, like said, this is not financial advice. I'm not a financial adviser. But you bought to know-how, as an example, valuable, it can be after you are early. Like, for instance, a lot of people try investing in certain apps on the Apple store. But what if you'll be able to invest within the Apple Store on the braking level, we already know that Facebook is absolutely, really successful, we actually know Facebook contains a lot of cash backing it, and particular leadership to travel ahead and carry on growing their business. Right.
So it's almost like easy to mention what they're doing right away. They have already got the infrastructure, the users all just like the people who are already good at what they are doing. And they've invested in VR, like over and once more, every single year like it's one among their biggest investments that they are literally doing a bunch of research in. in order that would essentially be like investing within the Apple Store before the Apple Store became the Apple Store, as long as you have got some form of certainty that Facebook can actually capitalize on what they are saying they're visiting capitalize and therefore the next one is simply like Unity software words, talking about like content straight away.
So just like the first level of truly making money is stepping into too soon a thought. Now, in fact, this might even be the riskiest way to create money with the metaverse because like I said, this is often just a thought at once, you do not see grandmas and grandpas, like walking around in VR sets, like doing the holograms, yet, one among the toughest things actually plow ahead and do and this was the matter with VR within the past is people like when VR and video game first came out, everyone was so excited, right? But it had been such a lot within the way forward for like, where the remainder of the planet was, it absolutely was too far within the adoption curve, right? So any product business or idea will have this product, like an adoption curve where literally nobody knows about it. No one knows about it. No one knows a bit people comprehend it, a bit little bit of people know, but now people are beginning to discuss it.
Now it hits critical mass and your mom and your grandma are nobody, right? the most effective time to travel ahead and acquire a chance is truly right before it takes wing. Not when it's all the far more than here because you bought to hold back for like, you know, several years or decades, right. And therein time that you just are patient, you furthermore may have a chance cost of missing out on opportunities that might have made you easier money. Does that make sense? We'll see this within the next step. and that is just then being patient and understanding when is that the perfect time to truly jump in on it? Because another thing, the second thanks to moving and making money with the metaverse is becoming one in all the primary users that actually get more users to be an element of it, right? the rationale why is because there's not that much competition, and you're almost just like the only alternative Peter Thiel talks about, he's such as you want to urge in an exceedingly business where you're quite just like the only alternative.
So whether or not you are not the most effective people are visiting visit you, right? It's like if we're gonna open up a hotdog stand, right? And you're able to do whatever you'll make the simplest hotdogs you'll be able to make the most important hotdogs the sole thing that I might want to want whether or not I had the crappiest hotdogs is that if I can have a starving market meaning if I'm like ahead of a bar at 2am When all you recognize restaurants are closed and while i've got crappy you recognize hot dogs they're still gonna buy cuz it only options right? and that is essentially what happened like with influencers on certain platforms. For example, Tik Tok, right, there wasn't that much, you know, influences on Tik Tok. (Learn More)