If you’re like half of Americans, you’ll probably wait until Christmas Eve to buy presents for your friends and family…
According to a poll of 2,000 Americans conducted by OnePoll on behalf of Punchbowl, half of the respondents say they purchased a gift on Christmas Eve. And 39 percent say they’ve even purchased a gift on Christmas Day.
Even more incredible, a third of respondents claimed they left a holiday party to purchase a gift because they forgot to bring one.
Look, we get it…
People often lose track of time, or they feel like they can’t find the right gift to begin with.
So, it’s no surprise they wait until the last moment to go shopping.
But what if I told you that – right now – there’s a way for you to buy the perfect present for anyone at any time from anywhere in the world.
Plus, have the gift delivered immediately.
Welcome to holiday shopping in the metaverse.
Today, I’ll show you why it’s the biggest tech trend since Daily editor Teeka Tiwari first got you into crypto back in 2016.
The Only Place You Can Buy “Hybrid” Goods
The metaverse is the name given to a virtual world where people can interact as digital avatars.
It will be an immersive experience where we interact with the internet and each other in sensory-rich environments delivered to us via augmented and virtual reality… and some of the biggest names in tech are already signing on.
Earlier this year, centibillionaire Facebook CEO Mark Zuckerberg rebranded his entire company “Meta” to put himself at the forefront of this trend. He’s also committing $10 billion per year to make his Meta platform the primary entry point into the metaverse.
Then there’s Jensen Huang, founder of global chipmaker Nvidia. He believes the metaverse economy will eventually be bigger than the real-world economy.
Here’s what Huang told Yahoo Finance in a November 12 interview:
The economy of the virtual world will be much, much bigger than the economy of the physical world. You’re going to have more cars built and designed in virtual worlds, you’ll have more buildings, more roads, more houses – more hats, more bags, more jackets. (Emphasis added.)
Let me show you why Huang isn’t exaggerating…
The e-commerce industry has grown from virtually non-existent in 1991 to a global $4.9 trillion market in 2021.
And e-commerce giant Amazon – which began as an online bookstore in 1994 – is now the fourth-most valuable U.S. company by market cap.
Morgan Stanley forecasts the metaverse will have an $8 trillion addressable market in less than 10 years. If that projection is right, it’ll nearly double the size of the e-commerce industry in a third of the time.
The reason why the metaverse is growing so fast? Because the possibilities are endless.
Like brick-and-mortar retail stores, the number of products online giant Amazon can sell is finite; it can only sell so many books or TV sets.
There’s no limit on the number of items a person can buy in the metaverse. More importantly, the metaverse allows for “hybrid” goods.
In a nutshell, hybrid means you can buy “virtual” goods in the metaverse… and exchange them for their “real-world” counterparts.
This is a huge opportunity for retailers like luxury brands (and their investors). And it’s why they’re rushing to enter the metaverse.
Take the $225 billion luxury market, for example. Upscale brands like Gucci and Yves Saint Laurent have already entered the metaverse.
For its fall 2021 collection, Gucci partnered with the art auction house Christie’s on a non-fungible token (NFT) video called “Aria,” which sold for $25,000 in June.
(NFT stands for non-fungible token. Put simply, it’s a unique digital asset that lives on a blockchain.)
And last month, Dolce & Gabbana sold nine NFTs for $5.7 million for “virtual and hybrid luxury goods.”
So your online avatar can buy a “virtual” Gucci handbag and deliver it instantaneously to the avatar of your friend… and your friend can either keep the virtual Gucci handbag or redeem it for the “real” thing.
(In some cases, the “virtual” product is selling for more than the “real” one. So your friend may choose to keep the “digital” version.)
This isn’t simply e-commerce… It’s something much, much bigger.
That’s why Morgan Stanley projects the metaverse represents a revenue opportunity of $56 billion by 2030 for luxury goods… a 25% boost to the current metaverse market.
You’ll be able to buy presents at any time… from anywhere and for anyone… making the metaverse the ultimate holiday shopping destination.
The Metaverse Is Picking Up Steam
I know you think the metaverse is far in the future. But it’s happening right now… right before our eyes.
Just last month the island nation Barbados signed an agreement with Decentraland, one of the most popular crypto-powered digital worlds, to establish its virtual embassy.
The virtual office will provide services such as “e-visas” and a “teleporter” that will allow users to transport their avatars between the “real” and “virtual” worlds.
And I doubt it will be the only country to do so…
The world is waking up to the metaverse. So, even if you don’t fully understand it yet, you must start investing in it…
The biggest money will be made by getting in early… and that means we have a very narrow window of opportunity.
Here’s Daily editor Teeka Tiwari:
For many people, the metaverse sounds just as crazy as online commerce did back in 1991. After all, the name metaverse comes from merging the “real” and “virtual” worlds into one “meta” reality…
I’ve done the deep research. And like I told you about bitcoin in 2016… the metaverse trend is unstoppable. It doesn’t care if you believe in it or not. It’s happening right now, and it’s picking up steam.
If you want broad exposure to this trend, consider the Roundhill Ball Metaverse ETF (META).
It holds 50 globally-listed companies – like Tencent, Microsoft, and Roblox – actively involved in the metaverse.
The ETF is relatively new. So do your homework before making any investment decision.
And if you want to make generational wealth from this trend, Teeka has identified a tiny subsector of tokens that will help build out the metaverse.
They’re called “Tech Royalties,” and these projects actually pay you to hold them.
And because Tech Royalties pay out their yield in more crypto, you can also see explosive price appreciation…
For instance, some of Teeka’s previous Tech Royalty recommendations have seen gains of 4,551%… 6,023%… and even 17,184%.
Owning Tech Royalties is like being an investor… a member of a club… a brand shareholder… and a participant in a loyalty program all at once.
Whether you use your profits to buy “virtual,” “real,” or “hybrid” presents for your family and friends in the metaverse is totally up to you…
Regards,
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Chaka Ferguson
Editorial Director, Palm Beach Daily