The Horizons Global Metaverse Index MTAV targets a number of segments that overlap with the metaverse, including: augmented and virtual reality, the creator economy, in which companies provide platforms for individuals to create and share content, digital infrastructure, gaming, and digital payments. We apologize, but this video didn't load.
You can see other videos from our team by tapping here. Some of the companies you can expect to find on the index include Meta formerly Facebook Snap, Adobe and digital infrastructure leaders such as Microsoft and Oracle, or duelling metaverse ETFs set to launch in Canada. Steve Hawkins, president and chief executive officer, said that while companies like Meta brought the metaverse to the zeitgeist, the portfolio will cast a wider net of companies with the metaverse space. Hawkins said that all of these companies, from our perspective, are impacted in a positive way by the metaverse and will benefit or profit from the expansion of the metaverse as it moves forward.
Hawkins said the companies in the portfolio were identified by artificial intelligence AI as having mentioned the metaverse as part of their business strategy. Evolve is taking a different approach with its Evolve Metaverse ETF MESH Raj Lala, president and chief executive officer of Evolve, described an actively managed strategy in which the company picks a few key areas and finds companies within it, such as Meta, Microsoft and the virtual reality real estate modeller Matterport. We decided to take an active approach and identify the right types of companies that are going to be involved in the specific areas of the metaverse, whether it be the VR and AR hardware manufacturers, or some of the platforms, things like that, Lala said.
Users can log into and interact with one another and experience events like the NFT art galleries and concerts in the metaverse. Lala sees the metaverse as a space that will grow beyond gaming, which is what many people associate the technology with today. He described other potential uses, such as an education tool or fitness support where a user can spar against a virtual partner while wearing a headset More On This Topic Topic
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The man who stole the NFTs and a crowdsourced bid to buy the constitution falls short of other leaders in the industry: U.S. digital investment giant Grayscale said the metaverse could represent a more than US $1 trillion annual market opportunity in a report released on Thursday. Revenue from gaming portion of the metaverse market is expected to grow to US $400 billion in 2025, from US $180 billion in 2020.
Hawkins and Lala said that their ETFs would likely draw retail investors who gravitate towards themed ETFs. Lala said companies that missed out on the rise of the Internet will not make a mistake because investors don't grasp the concept of the metaverse and skeptics remain. It is really important to know what the metaverse is, and you can tell it s early days because so many people don't know what the metaverse is and what it represents, Lala said, adding that many are stuck in a one-dimensional way. We need to make sure we are relevant in this world, and the only way to stay relevant is to look closer at metaverse space technologies and encompassing it within our business, he said.