2 Top Metaverse Stocks That Could Make You Rich By Retirement
The metaverse is now considered to be the next big trend in the technology sector. Broadly speaking, the concept of a metaverse involves creating immersive experiences for users in virtual reality worlds or in some combination of physical and virtual worlds using technologies such as video, virtual reality (VR), and augmented reality (AR).
We are seeing many technology giants as well as newcomers racing to grab a share of this potentially huge market estimated to be worth $800 billion by 2024. Prominent among the early players is Meta Platforms (NASDAQ: FB), previously known as Facebook. The name change is a part of the rebranding exercise and highlights Meta's commitment to this opportunity.
But there are also several other companies such as Unity Software (NYSE: U) and Cloudflare (NYSE: NET) that have the potential to leverage the metaverse and change the way people live, work, and entertain themselves. Since the concept of the metaverse may take some time for meaningful monetization, these companies provide a margin of safety to investors with their other revenue-earning business lines. Here's why these stocks are a relatively safe way for retail investors to get exposure to evolving metaverse trends.
Source Fool.com
