Tech giants like Microsoft, Apple and Meta (then Facebook) know better than you, and they know metaverse will be the main way people will communicate and socialize. Metaverse still seems to be a relatively loose term, but how these companies mainly see it, is people using 3D digital avatars to communicate rather than 2D walls of text/media. Yes the idea already exists, young folks already socialize in 3D video games and such. What will be different however, is this medium of communication overtaking the traditional social media (whatsapp, twitter, etc), at least in their form which we’re used to.
Reasons why these companies are bullish on it now more than ever, include (but not limited to):
1- The pandemic accelerated people’s dependency on online meetings/working/studying like never before.
2- The increasing accessibility and advancement of VR/AR hardware.
3- And the big elephant in the room: Normalization of virtual currencies and digital ownerships (NFTs).
Having that said. I am convinced the coins which are the first movers in this category will likely continue to get stronger in years to come. When other coins say they’re the SAND/MANA/X killer, that’s where you know the first mover has won. Hasn’t happened yet, but we’ll see.