Remember Google Glass, 3D TV, or the Microsoft Kinect? All of these products generated tons of buzz but barely even exist today. Since it doesn’t technically exist yet, it’s easy to scratch your head and wonder what the hype is about.
With that said, “the metaverse” also kind of seems like the latest technology buzzword. This is partly why it was named one of the best metaverse stocks to buy. Roblox certainly seems to be at the forefront of creating the metaverse. This concert generated 1 million hours of engagement from users in 160 countries. Last quarter, Roblox hosted a digital Twenty One Pilots concert. In fact, Roblox has is already offering virtual events where you can buy virtual merchandise. However, there is no telling when they might reach it. It’s a long-term goal that they’re working towards. As investors, there is a huge advantage in being the first to invest in “the next big thing.” This is why so many investors are clamoring to buy Roblox (NYSE: RBLX) stock.įor most companies, the metaverse is still a pipe dream. Some companies, like Facebook (I mean “Meta”), are even making the metaverse their sole focus. In the past few months, it seems as if every technology company out there has launched a plan to help create the metaverse. There’s been plenty of talk about the metaverse recently.
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