Brand-New VR Tech Could Reignite Metaverse Stocks
Amid the economic chaos of 2022, investors have all but forgotten about VR and the once-promising metaverse. Since late 2021, Google search interest in the metaverse has collapsed by 88%. And stocks like Roblox ( RBLX ) and Meta ( META ) have been absolutely crushed. But maybe investors shouldn’t have forgotten about the metaverse. Maybe there’s something to building a virtual world and allowing people to create their own lives within it. Maybe there’s something to using augmented- and extended-reality tech to produce better media, create self-driving simulations, or play games. Indeed, VR and the metaverse hold great promise. They were just missing something in 2022. And if that’s the case, then the “missing link” may have just arrived to the party. And we think it could reignite a Metaverse Gold Rush over the next 12 months . Let’s take a deeper look. The Metaverse Is Destined for Greatness To start, let me make one thing abundantly clear. Our team has always thought that the metaverse is destined for greatness.
Brand-New VR Tech Could Reignite Metaverse Stocks
Amid the economic chaos of 2022, investors have all but forgotten about VR and the once-promising metaverse. Since late 2021, Google search interest in the metaverse has collapsed by 88%. And stocks like Roblox ( RBLX ) and Meta ( META ) have been absolutely crushed. But maybe investors shouldn’t have forgotten about the metaverse. Maybe there’s something to building a virtual world and allowing people to create their own lives within it. Maybe there’s something to using augmented- and extended-reality tech to produce better media, create self-driving simulations, or play games. Indeed, VR and the metaverse hold great promise. They were just missing something in 2022. And if that’s the case, then the “missing link” may have just arrived to the party. And we think it could reignite a Metaverse Gold Rush over the next 12 months . Let’s take a deeper look. The Metaverse Is Destined for Greatness To start, let me make one thing abundantly clear. Our team has always thought that the metaverse is destined for greatness.