It’s the immersive version of internet you step inside via an avatar – or digital representation of yourself.
And it’s not about just virtual reality (VR) goggles and games… as the mainstream press often portrays it.
As I (Chris Lowe) have been showing you in these pages, surgeons in Canada are using it to train for new procedures…
…Sotheby’s, the 277-year-old British auction house, is creating a metaverse world that allows visitors to view digital artworks it’s auctioning…
…and iconic sportswear brand Nike (NKE) has filed patents for digital sneakers for your avatar.
But the latest metaverse entrants may be the most surprising – some of the world’s biggest accounting firms.
We’ll get into that in a moment… and why it’s bullish for the metaverse play I’ve been putting on your radar, the Roundhill Ball Metaverse ETF (META).
Plus, you’ll hear from colleague and former hedge fund manager Teeka Tiwari on an even more powerful way to unlock the transformative gains ahead.
First, a quick shoutout to new readers…
Legacy is the publisher behind Teeka, Jeff Brown, Dave Forest, Jason Bodner, Greg Wilson, and Nomi Prins.
Our mission is to help you move the needle on your wealth by getting you into big moneymaking ideas – what we call megatrends – ahead of the crowd.
As Teeka has been showing his readers, if you don’t already have a fortune to invest, it’s the best way to make a fortune in the markets.
He says he hasn’t seen anything that compares to the profit potential of the metaverse since he first started recommending cryptos in the spring of 2016.
That’s saying something…
Teeka has given his paid-up subscribers the chance to make 24,587%… 35,957%… and 55,104% on open recommendations.
That’s the definition of life-changing wealth for most people. That last gain turns every $2,000 grubstake into more than $1 million.
It was hard to see coming. But smartphones are second nature to us today. We go to bed with them by our nightstands. We check them first thing in the morning. And they’ve completely changed how we interact. Here’s Teeka with more…
The iPhone changed the way we use the internet forever. It not only kicked off the smartphone revolution… it also created a slew of apps that didn’t exist on PCs and laptops.
Today, the smartphone is the main way we interact with one another. It’s changed how we communicate and do commerce. It’s even changed how we date. Most couples don’t meet in person anymore. They meet on dating apps like Tinder.
The metaverse will transform how we interact with one another even more radically. It’ll be completely immersive. We’ll move through virtual worlds as avatars. We’ll access data from Google… meet people at work… go to concerts and other live events… even conduct business with each other there.
It’s an international accounting and advisory firm with 24 offices worldwide… including one in the metaverse.
Although accountants probably aren’t the first ones who spring to mind when it comes to the metaverse… they see opportunity there.
Prager Metis has opened a three-story virtual property on a parcel of digital land it bought in metaverse world Decentraland for $35,000.
The three-story Prager Metis office in Decentraland. Source: The Wall Street Journal
It plans to advise clients on tax and accounting issues… and find new clients – all via avatar.
As the company’s CEO, Glenn Friedman, told The Wall Street Journal…
If the metaverse is going to replace the internet, then certainly business is going to use it.
Prager Metis isn’t the only big accounting firm planning to do business in the metaverse… In December, PricewaterhouseCoopers announced it had bought virtual real estate in another popular metaverse world called The Sandbox.
All major tech breakthroughs seem weird at first. The metaverse is no different.
I’m 45. So I’m old enough to remember the first version of the internet in the 1990s.
I was about 20 when I first started using the internet. It was basically a glorified phone book. You could look up static web pages… and click on hyperlinks. That was about it.
I had no clue how much of my life I’d be spending online a couple decades later… or how much wealth it would unlock for early investors.
But if you dismiss the current opportunity in the metaverse, print out this email and come back to it in a decade. It won’t sound like hot air then.
By 2030, Morgan Stanley (MS) estimates the metaverse will have an $8 trillion addressable market.
That’s nearly twice the size of the global e-commerce market.
This megatrend is so huge, Facebook (FB) – the world’s sixth-most valuable tech company – changed its name to Meta (MVRS) last year to profit from this megatrend.
It’s an exchange-traded fund (ETF) called the Roundhill Ball Metaverse ETF (META).
It allows you to invest in a basket of stocks set to benefit as the metaverse goes mainstream.
These include the companies that provide the computing power necessary to run the metaverse. That’s why chipmaker Nvidia (NVDA) is a top holding. Its GPUs (graphics processing units) power the tech to build these virtual worlds.
META also includes companies that are building metaverse worlds, such as Roblox (RBLX).
And it holds leading companies behind some VR and AR (augmented reality) hardware. So Facebook parent Meta and Snap (SNAP) are also in there.
That makes it a great way to pick up broad exposure to the growth of the metaverse.
When a company holds its IPO (initial public offering), it lists its shares on a public stock exchange such as the Nasdaq for the first time.
And according to Teeka’s research, 22 metaverse companies are set to go public this year.
If you position yourself in the right ones, he says it’s one of your best opportunities to reach what he calls your “Freedom Number.”
That’s the amount of money you need to live the life you want… without having to work anymore. Back to Teeka…
Don’t make the mistake of thinking the metaverse is a fad. It’s fast becoming a place where we work, play, socialize, and do business. It will fundamentally change our economy – and society – like the internet… and then smartphones did.
Investing in the right metaverse IPOs is the simplest and fastest way to get you from where you are to where you want to be this year. Silicon Valley elites are already getting in on these opportunities. And you can, too.
I’m running out of space for all the details. But don’t worry…
Tonight at 8 p.m. ET, Teeka is holding his first livestream event of the year – Freedom 2022. He’ll explain more on why the metaverse needs to be on your radar as an investor. And he’ll share full details of his first-ever metaverse IPO play.
So clear some time in your schedule and secure your spot here.
Teeka’s livestream is free to attend. So you’d be crazy to miss it.
January 12, 2022