$1 Trillion Metaverse Market on the Way: Here's Where 1 Big Bank Is Placing a Bet

Motley Fool2022-02-25

A lot of people believe that the metaverse could be the next big thing. But just how big? There are different estimates.Bloomberg Intelligence thinks the metaverse market could reach nearly $800 ...

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Comments

SCTan
2022-02-27
SCTan
Good
ali15
2022-02-26
ali15
TRUE
EagleMoxy
2022-02-26
EagleMoxy
certainly something to chew on, Meta way undervalued right now
SPOT_ON
2022-02-26
SPOT_ON
Like

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There are different estimates.Bloomberg Intelligence thinks the metaverse market could reach nearly $800 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/25/1-trillion-metaverse-market-on-the-way-heres-where/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>$1 Trillion Metaverse Market on the Way: Here's Where 1 Big Bank Is Placing a Bet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n$1 Trillion Metaverse Market on the Way: Here's Where 1 Big Bank Is Placing a Bet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-25 21:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/25/1-trillion-metaverse-market-on-the-way-heres-where/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A lot of people believe that the metaverse could be the next big thing. But just how big? There are different estimates.Bloomberg Intelligence thinks the metaverse market could reach nearly $800 ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/25/1-trillion-metaverse-market-on-the-way-heres-where/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://www.fool.com/investing/2022/02/25/1-trillion-metaverse-market-on-the-way-heres-where/","article_id":"2214690193","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2214690193","pubTimestamp":1645795454,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The first metaverse location for a major bank is in Decentraland.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4127":"投资银行业与经纪业","MS":"摩根士丹利","BK4534":"瑞士信贷持仓","JPM":"摩根大通","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4504":"桥水持仓","BK4566":"资本集团","BK4207":"综合性银行"},"translate_title":"一万亿美元的元宇宙市场在路上：这是一家大银行下注的地方","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JPM":1,"MS":0.9},"content_text":"A lot of people believe that the metaverse could be the next big thing. But just how big? There are different estimates.Bloomberg Intelligence thinks the metaverse market could reach nearly $800 billion per year in 2024. However, that forecast doesn't extend into the second half of the decade when the metaverse is likely to really pick up momentum.An annual metaverse market of $1 trillion (and perhaps a lot more) could be on the way. Here's where one big bank is placing a bet.Setting up shopYou can count J.P. Morgan (NYSE:JPM) among those who project the metaverse opportunity totals at least $1 trillion per year. The financial services giant wrote in a recent report, \"The metaverse will likely infiltrate every sector in some way in the coming years.\"J.P. Morgan's report noted that \"companies of all shapes and sizes\" are entering the metaverse. It stated that the management teams of businesses around the world are mulling over their metaverse strategies.What is J.P. Morgan's own metaverse strategy? The company has three primary areas of focus:Providing \"bank-grade products and digital assets platform access\" to metaverse platform developersHelping metaverse content creators commercialize their productsSupporting the use of different currencies and payment methods across the metaverseBut the company also recently took a highly visible step -- it set up shop in Decentraland (CRYPTO:MANA). In the process, J.P. Morgan became the first big bank to establish a metaverse presence.Why Decentraland?J.P. Morgan pointed out several Web 3.0 metaverse platforms in its report about the opportunities in the metaverse. Decentraland was in the group, along with The Sandbox, Somnium Space, and Cryptovoxels.The big bank chose to build its first metaverse location in Decentraland's Metajuku mall. Its lounge features a digital picture of J.P. Morgan CEO Jamie Dimon and a tiger that walks around -- something you won't see in any of the company's brick-and-mortar locations.Why did J.P. Morgan pick Decentraland? The fact that it's the largest metaverse cryptocurrency based on market cap perhaps played a part in the decision. The financial services company also probably saw Decentraland real estate as a good investment.As J.P. Morgan pointed out in its metaverse report, \"Virtual real estate is a growing market.\" The report specifically mentioned that Every Realm purchased a land package in Decentraland for $913,000 last year to develop the Metajuku shopping district.A first stepJ.P. Morgan's bet on building in Decentraland doesn't necessarily mean that the platform will be the biggest winner in the metaverse. It wouldn't be surprising if the company eventually establishes a presence on other platforms.There are also some technical issues that J.P. Morgan believes need to be addressed for the metaverse to fully achieve its potential. These include improved avatars and interoperability across different virtual worlds.Larger players such as Meta Platforms and Nvidia are arguably in a better position to tackle such challenges. It's possible that these metaverse stocks could reap the greatest rewards for investors.But J.P. Morgan clearly believes that the metaverse presents a huge opportunity. The company's selection of Decentraland as the first step in its own metaverse strategy appears to be a solid endorsement of the platform.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9039948059,"gmtCreate":1645911432761,"gmtModify":1676534073298,"author":{"id":"3583022584778848","authorId":"3583022584778848","name":"SCTan","avatar":"https://static.tigerbbs.com/d2918148f03cc75616ed35429e409b75","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039948059","repostId":2214690193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9039984080,"gmtCreate":1645884845654,"gmtModify":1676534072450,"author":{"id":"3582588859701757","authorId":"3582588859701757","name":"ali15","avatar":"https://static.tigerbbs.com/b11c168a1c4a0c88d535205f3e88a20b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"TRUE","listText":"TRUE","text":"TRUE","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039984080","repostId":2214690193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9039996946,"gmtCreate":1645868496406,"gmtModify":1676534071602,"author":{"id":"4108291545109090","authorId":"4108291545109090","name":"EagleMoxy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"certainly something to chew on, Meta way undervalued right now","listText":"certainly something to chew on, Meta way undervalued right now","text":"certainly something to chew on, Meta way undervalued right now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039996946","repostId":2214690193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030784652,"gmtCreate":1645825537683,"gmtModify":1676534066985,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030784652","repostId":2214690193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":11,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2214690193"}