Top Metaverse Stocks Investors May Want to Consider Buying Now

(MENAFN- Baystreet.ca) Top Metaverse Stocks Investors May Want to Consider Buying Now

The metaverse may be one of the biggest stories of 2022. Thrust into the spotlight by Mark Zuckerberg, the metaverse“is a sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the 'Ready Player One' movie,” says CNBC. While it may take some time for the metaverse to go mainstream, Emergen Research says it could be worth up to $828.95 billion by 2028. Others, such as Matthew Ball, the CEO of Venture Capital firm Epyllion says the metaverse could be a $10 trillion to $30 trillion market. All of which could be beneficial for Tokens.com Corp. (NEO: COIN) (OTCQB: SMURF), which is the only public company that owns metaverse real estate, Coinbase Global Inc. (NASDAQ: COIN), Meta Platforms (NASDAQ: FB), Microsoft Corp. (NASDAQ: MSFT), and Snap Inc. (NASDAQ: SNAP).

Major industries are already getting involved in the digital world, too. Nike Inc. just filed for several new trademarks to design and sell virtual Nike sneakers and apparel in the metaverse. CVS Corp. filed for a trademark to sell virtual goods, NFTs, and could even provide healthcare services, including prescription drugs and personal care products. Walmart Inc.“filed several new trademarks late last month that indicate its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, Walmart said it would offer users a virtual currency, as well as NFTs,” says CNBC.

Tokens.com Launches Canada SailGP Team Metaverse Headquarters

Tokens.com Corp. ( NEO: COIN) (OTCQB: SMURF), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Metaverse Group, has signed a lease agreement with Canada SailGP Team for its Metaverse headquarters. Tokens.com portfolio company, Metaverse Architects, has provided the design and architecture services for the installation, which is now live in Decentraland.

Canada SailGP Team is the newest team in the ultra-competitive SailGP circuit - the world's most exciting race on-water with national teams battling in short, intense races at iconic stadium-style venues across the globe, building to the grand final – and a top prize of US$1 million. The high-tech, high-speed racing features sailing's best athletes competing in identical hydro foiling F50 catamarans, flying at speeds approaching 100 km/h.

“I am very excited for this collaboration,” said Fred Pye, owner of Canada SailGP Team.“SailGP is at the cutting edge of its domain in a similar way to how Tokens.com and Metaverse Group each are dedicated to pushing what's possible in their own realms. Our collaboration is aimed at helping form the new standards of how physical world firms engage in this new digital frontier and I look forward to what we will do next.”

The headquarters consists of two structures, which include the Canada SailGP Team head office. The team has commissioned Metaverse Architects to develop a display of live streams of Canada SailGP Team's leading edge technology and create the Canada SailGP Team NFT collection. The headquarters is situated on the equivalent of 60,000 square feet of flat land. Visitors will be able to explore structures, get information on future races and spend time in dedicated meeting rooms that will showcase the Canadian team racing.

“Canada SailGP Team's Metaverse presence bridges the gap between the physical and virtual world,” commented Andrew Kiguel, Tokens.com CEO and Executive Chairman of Metaverse Group.“We are proud to have them as a tenant and provide them with design development on our property. Metaverse Group is a one-stop shop for brands seeking to enter this new realm. We are excited to launch Canada SailGP Team's presence in the Metaverse and showcase the team to a new audience. We look forward to cheering on the Canada SailGP Team in their races.”

These headquarters give fans an opportunity to get closer to the sport and experience all it has to offer in a way that was not previously possible. With the team strategically located in Decentraland, it will further bring new awareness to the team and sport.

Brands or virtual landowners interested in partnering with Metaverse Group should contact [email protected] Brands seeking design and architecture services should contact [email protected]

Other related developments from around the markets include:

Shares of Coinbase Global Inc. are up more than $12.38 on news it may be nearing a deal to buy Brazilian holding company called 2TM, which controls Mercado Bitcoin. According to Coin Telegraph,“A keystone of the group's Latam expansion plans, the world's second-largest cryptocurrency exchange has also been on the lookout for business development managers and executives as part of a Brazilian hiring spree. It's no surprise why; Brazil is a hotbed for Bitcoin adoption. Brazil's second-largest city, Rio de Janeiro will accept crypto for certain taxes in 2023, and according to triple-A, more than 10 million Brazilians own cryptocurrency.”

Meta Platforms reported financial results for the quarter and full year ended December 31, 2021. 'We had a solid quarter as people turned to our products to stay connected and businesses continued to use our services to grow,' said Mark Zuckerberg, Meta founder and CEO. 'I'm encouraged by the progress we made this past year in a number of important growth areas like Reels, commerce, and virtual reality, and we'll continue investing in these and other key priorities in 2022 as we work towards building the metaverse.'

Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.62 per share. The dividend is payable June 9, 2022, to shareholders of record on May 19, 2022. The ex-dividend date will be May 18, 2022.

Snap Inc. announced financial results for the quarter and full year ended December 31, 2021.“2021 was an exciting year for Snap and we made significant progress growing our business and serving our global community,” said Evan Spiegel, CEO.“The strength of our core business has enabled us to accelerate our investments in augmented reality, transforming the way that the Snapchat community experiences the world through our camera.”

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Tokens.com Corp. by Tokens.com Corp. We own ZERO shares of Tokens.com Corp. Please click here for full disclaimer.

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