The metaverse is the new frontier of financial investments: the eToro platform launches MetaverseLife, a portfolio that offers investors long-term exposure to key projects, both equity and crypto-assets, in the metaverse industry. “The metaverse represents the most likely evolution of the Internet in the coming years,” says Dani Brinker, head of investment portfolios at eToro. “The potential might seem endless, but adoption won’t necessarily be easy, it won’t happen overnight. The metaverse will require greater processing capacity, bandwidth, and improvements in hardware: headphones, glasses, smartphones and cloud services. While still in its early stages, the industry could become an 800 billion dollar market, according to Bloomberg analysts.
The MetaverseLife portfolio is made up of stocks and crypto-assets that represent the very essence of the metaverse. It is more weighted towards the enabling platforms that will create these metaverses, such as the shares of Meta Platforms and Roblox, as well as towards crypto-assets or blockchain-based metaverse platforms such as Decentraland, Sandbox and Enjin. The portfolio also contains famous names from the tech industry that will contribute to the wider adoption of the metaverse such as Amazon, Apple, Microsoft and Nvidia.
EToro’s Smart Portfolios offer investors ready-to-use exposure fully allocated to various market themes. By pooling different assets according to a defined methodology and employing a passive investment approach, eToro’s Smart Portfolios are long-term investment solutions that offer diversified exposure without management fees.
The initial investment starts at $ 500 and investors can access tools and charts to monitor portfolio performance, while eToro’s social feed will keep them updated on developments in the metaverse sector. MetaverseLife is one of over sixty wallets available on eToro.