What is the Metaverse? Is the Metaverse the future or a hoax?

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The metaverse was originally a concept from science fiction and movies. The term metaverse was born in the science fiction novel Avalanche in 1992. Up to now, the novel describes the advanced future world. In March last year, the American Roblox game company went public, triggering a real metaverse upsurge. Roblox game is a sandbox game where players can develop various mini-games on the cloud platform, which is very popular with teenagers.

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The metaverse in stocks can be understood as metaverse concept stocks, which refer to stocks related to the metaverse concept, metaverse virtual reality stocks GoerTek, Hongguang Electric, Jiachuang Video, stock trading software, Tom Cat, Crystal Optoelectronics, Shun Network Technology, Digital Technology, Silk Road Vision, Wondershare Technology, Pirate Culture and other concept stock companies. Recently, the Meta of the Internet giant Facebook triggered the official explosion of the Metaverse, detonating the concept stocks related to A-shares, and the concept of the Metaverse once triggered a new wave of investment.

The total amount of financing in Q4 last year reached 12 billion. In October 2021, Facebook CEO Mark Zuckerberg announced at the Facebook conference that Facebook will be renamed Metaverse. In 2021, Facebook has successfully become the concept of the Metaverse. The leader has successfully created a wave of capitalists investing in Metaverse concept stocks. In the 2022 Spring Festival Gala, Shen Teng put forward the stalk of the Metaverse when he appeared in the sketch, which accelerated the popularization of the knowledge of the Metaverse in the field of Chinese people, which brought the promotion of the concept of the Metaverse to a climax.

The style of Meta has reversed, but the good times are not long, and the metaverse technology has not yet been able to gain a firm foothold in the business model. In February 2022, Meta’s market value plummeted by $237.6 billion. According to reports, Facebook’s parent company closed down 26% that day, or more than $237 billion, or about 1.5 trillion yuan in market value. This is the largest drop in market value in the U.S. stock market. Affected by this, Zuckerberg's personal wealth, which holds 12.8% of the shares, has also shrunk by $29 billion, or about 184.9 billion yuan. Of course, according to Forbes data, even so, Zuckerberg still has a personal wealth of 85 billion US dollars, ranking 12th on the rich list.

The metaverse is still a future trend, but it is not yet popular. I hope everyone can seize the opportunity and find a suitable position and direction, so as to embark on a new journey to explore the metaverse together.

This article was originally published on the "" public platform, so stay tuned for more in-depth interpretations of the Metaverse.

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