The metaverse theme continues to capture the interest of institutions and investors and is the current buzzword
Morgan Stanley’s Note to Investors
Morgan Stanley in a note to its investors last Thursday as reported by Markets Insider identifies the metaverse theme as the next big investment opportunity with an appeal that spans across the globe.
Equity strategist, Edward Stanley said, ‘”It can fundamentally change the medium through which we socialize with others….Thus far, companies are building their own thriving versions of the metaverse, Stanley said. But a “true” metaverse is only when interoperability across all the companies is possible.”
Morgan Stanley, one of the world’s biggest investment banks, is giving the metaverse theme a vote of confidence. More companies are building their own version of the metaverse on their respective platforms. Facebook has recently rebranded itself as ‘Meta’ as the company shifts from being a social media company to a metaverse company. Similar steps are taken by big corporations such as Microsoft, Roblox, and Naver as the race kicks off.
Edward Stanley sees the metaverse as a theme that is growing and attracting many eyeballs. Corporations and investors would want to be part of this emerging market which is at its early phase of growth and capturing the market at this stage would be advantageous.
However, he sees the need for interoperation and collaboration for this alternate world to grow. A complete and thriving metaverse ecosystem is when the metaverse experience and avatars can be moved from one platform to another platform seamlessly.
Jumping on the Bandwagon
Companies wanting to have the first-mover advantage are taking steps to incorporate metaverse elements in their products. The gaming and technology industries will be amongst the first few that can immediately take advantage of this trending theme.
Edward Stanley added, “Newsflow around the metaverse concept has been high and companies are embracing it in growing numbers. Of any major theme, companies and analysts have greater interest in the metaverse than any other theme at present.”
The metaverse will continue to push the boundaries of human interactions. It is still developing and certain innovative projects are already catching the eyeballs of investors and users alike.
Source : solana.news