Metaverse grabs attention, Morgan Stanley calls it ‘the next big investing topic’

With Facebook recently renaming itself a Meta, there has been an exponential growth in interest in the “Metaverse. “So much so, that the executives of this leading banking institution are intervening. Morgan Stanley, one of the world’s largest investment banks, submitted a vote of confidence for metaverse, a decentralized virtual world. They even came to term as “the next big investment topic” within the ecosystem.

Now, what is this Metaverse? Well, it is a virtual world for immersive experiences where people from all over the world can meet, play, watch and exchange. Even so, some equity sectors are already benefiting from it. Companies like Meta Platforms Inc. (formerly Facebook) and Microsoft have turned their attention to the next iteration of the Internet.

Morgan Stanley has forecast that metaverse projects will dominate most of the investment in the coming years. Edward Stanley, Morgan Stanley strategist posted:

“It can fundamentally change the medium through which we socialize with others.”

One could even learn and / or speculate on digital assets such as non-fungible tokens (NFTs). As mentioned above, more and more companies are moving to include these activities and elements in their projects. Companies like Roblox, Naver, and others are building metaverses on their own business platforms. Recently, Disney expressed an interest in the same thing.

Continuing, Stanley reiterated:

“The news flow around the metaverse concept has been high and companies are adopting it in increasing numbers. Of any major topic, companies and analysts have more interest in the metaverse than in any other topic today. “

Consider this, the metaverse addressable marketplace by subtopic looks like this:

That said, it is still in the early stages. The metaverse exists but not yet in its “purest form.” Nevertheless,

“This will take many years and cross-company collaboration to allow users to seamlessly move through millions of experiences and carry their digital avatars and possessions with them,” he said.

In addition to this, the target audience for the metaverse today is young players. “The average age is increasing and can be accessed by phone or PC gaming platforms,” ​​the report noted. This is another reason why crypto games, which incorporate NFT, are also on the rise. Some also agree that gambling and the metaverse combination could board one billion users in this sector.

In general, the metaverse mania had taken hold of the crypto sector. Over the last month, metaverse tokens have seen some highly publicized rallies and a lot of attention on social media. At press time, the Market Cap stood at $ 27.8B with an increase of 8.6% in 24 hours.

This is a machine translation of our English version.

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