Seeking Alpha
2022-07-29 12:00:00

Crypto Logs: Meet The Metaverse

With other emerging technology concepts like crypto, blockchain, and NFTs, investors have shown interest in finding ways to invest in the Metaverse.The Metaverse as it stands today relates most closely to the gaming sector with some overlap with blockchain and broader tech sectors.The Metaverse is still relatively new and shares many overlaps with the gaming industry.The word "Metaverse" has been around for years, originating in the 1992 novel Snow Crash.(1) Since then, we've seen versions of virtual worlds that have become almost as immersive as real life to many of its players - for example, World of Warcraft and Second Life. After Facebook rebranded itself as Meta Platforms the Metaverse became a more mainstream concept. And like with other emerging technology concepts like crypto, blockchain, and NFTs, investors have shown interest in finding ways to invest in the Metaverse. This note addresses some of the most common questions regarding the Metaverse relating to indexes and index-linked ETFs using the Alerian Galaxy Immersive Digital Worlds Index (DWRLD) as a reference.First of all, what is the Metaverse?In a broader sense, the Metaverse refers to the "next evolution in social connection and the successor to the internet."(2) Just like the internet, there will be a single Metaverse with no single owner and users will be able to access the Metaverse through their computers and mobile devices. Right now, the Metaverse exist...

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