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Old 11-18-2021, 07:17 AM  
TheLegacy
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Don't tell Mark Zuckerberg: investors have already discovered the metaverse

Amazing how Mark is attempting to create a world that has existed easily for over 15 years already. An adult version is even available that I worked on many years back so all Mark is doing is ignoring reality and rebranding what's there and hoping people won't notice. No one is giving up Roblox soon - and few are going to try the new Neta platform without some free hardware.



New York (CNN Business)The company formerly known as Facebook is now calling itself Meta Platforms. But investors looking to cash in on the virtual world known as the metaverse already have plenty of other options besides Mark Zuckerberg's social media giant.

Gaming platform Roblox, which lets users generate their own avatars and play games created by other players, is arguably the most high-profile metaverse stock. Shares of the company have soared almost 160% since it listed directly on the New York Stock Exchange earlier this year.

And with a market cap of nearly $65 billion, Roblox is now worth more than established video game giants Electronic Arts (EA) and scandal-ridden Activision Blizzard (ATVI).
Gaming software firm Unity Software, another metaverse player, just reported impressive earnings and the stock rose on the news.


https://www.cnn.com/2021/11/17/inves...cks/index.html
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