Investing in the Metaverse and NFT industries is possible through a variety of options. It requires some cryptocurrency awareness and expertise, but it is easiest to buy crypto assets and non-fungible tokens. However, using a Metaverse Index or NFT ETF will change that description more appropriately.
More investment tools are beneficial
Metaverse continues to generate many media headlines, primarily due to growing interest from established technology players and brands.Companies like Meta FBGoogle GoogleApple AAPLMicrosoft MSFTAnd Nike NKE We have been conducting research and development on opportunities for the Metaverse. In addition, blurring the line between the virtual world and the real world offers many opportunities to transform commerce, social activities and work.
As these companies bring excitement to the Metaverse, people are increasingly looking for new investment opportunities. Many missed the first crypto train and began paying attention to digital assets only when Bitcoin reached $ 40,000.Major cryptocurrencies still have tremendous upside potential — so does Ethereum. ETH / USD Other — Many believe that they have lost the opportunity to enter “fast and cheap”.
However, the situation is slightly different for Metaverse and NFT. Both trends are still relatively new, but some projects already have millions of dollars in sales per asset. Examples include CryptoPunks and Bored Ape Yacht Club. Two prominent NFT projects are still producing tremendous sales volumes today. Metaverse projects such as Axie Infinity, The Sandbox, and Decentraland have been successful in their own way, with over $ 100 million in investment and a combined market capitalization of billions of dollars.
Setting up an NFT or Metaverse portfolio often requires investing in multiple projects and expecting the best, so to speak. Thankfully, the situation has improved a bit in that respect. The recently added Metaverse Index (MVI) and Defiance Digital Revolution ETFs make things more accessible and easy.
Why the Metaverse Index is so important
The Metaverse Index provides price exposure to the performance of over 12 up-and-coming and prominent Metaverse projects. This makes it an attractive option for anyone looking to invest in a larger metaverse space without committing to one particular project.
The key benefits of investment vehicles like the Metaverse Index are:
An easy way to capture growing market trends (metaverse) without having investors manually research and rebalance portfolios
Indexes (baskets of tokens) can offset the volatility of one or more tokens
A more efficient approach to buying and selling individual tokens due to lower transaction costs
Transparent processes and rules for including / removing tokens
The Metaverse Index can be accessed from the Ethereum Mainnet. This means that you don’t need a centralized service provider to give your users access to this investment option. Users can interact directly with the token address to make an investment, making it an accessible means for everyone.
Benefits of NFTETF
Exchange-traded funds are primarily a passive method of seeking price exposure. ETFs are found in many industries, including finance, technology, and now non-fungible tokens (NFTs). Investors will be exposed to the performance of industry players driving the mainstream adoption of this technology. And NFT ETFs are emerging in the cryptocurrency world, like the Defiance Digital Revolution ETF.
NFT ETFs democratize access to exchange-traded fund investments that track one of the most fascinating trends in cryptocurrencies and blockchains today. In addition, ETFs eliminate the need for users to follow steep learning curves in NFTs and individual projects in this area. In addition, users can access multiple collections and their price performance through ETFs without having to buy pieces from individual collections that can incur high transaction fees.
Investment vehicle to follow
When it comes to investment preferences, the NFT market has many alternative options, including cryptocurrency brokerage services and even regular exchange trading operations. The NFT Marketplace is particularly interesting in this respect because it allows you to sell your own assets at a fixed price or start an auction in any number of currencies accepted. Investors need to explore a particular market, bid on it, and eventually find an item of interest that can be acquired for resale or collection later. The market’s resemblance to a traditional auction house is demonstrated by things like OpenSea, which has established itself as a place to sell rare digital items and collectibles. There are many alternative platforms such as NBA Topshot, Rarible, Nifty Gateway, Axie, Mintable, Foundation and more.
KuCoin recently helped launch two funds to drive innovation in the Metaverse space and lower the barriers for new users to invest in the Metaverse. The Metaverse fund launched by KuCoin Labs and the creator fund launched by KuCoin Ventures. Metaverse, NFT, and Web 3.0 startups are funding these projects to develop and deliver more innovative products. The project will also receive technical, marketing, and consulting support from KuCoin.
If purchasing an NFT immediately is not part of the investor’s plan, you can always rely on venture capital engaged in investing in a particular market, or the infrastructure development nifts of the NFT and cryptocurrency industry. The downside is that being certified as an investor is a prerequisite for engaging with venture capital.