![]() ![]() Tencent also acknowledged that we are still very early in the metaverse development journey, with multiple iterations yet to unfold. Interestingly, Coinbase also noted that nobody has successfully built the metaverse based on its vision. In its most complete form, the metaverse will be a series of decentralized, interconnected virtual worlds with a fully functioning economy where people can do just about anything they can do in the physical world. The metaverse is the distant evolution of Web 3.0. Web 3.0 will be about digital ownership within an open, decentralized environment. Yet, some investors think that Web 3.0 and the numerous decentralized autonomous organizations compete to build their metaverse.īut, as Coinbase ( COIN) Co-founder and CEO Brian Armstrong emphasized, Web 3.0 isn't a metaverse. ![]() The social community, the interaction, its economy, Roblox seems to have it all. Roblox users can already experience 3D immersive experiences. From Second Life to Roblox, World of Warcraft, they are here. As WSJ aptly put it, the metaverse is already here. Therefore, there's no need to look too far ahead for investors who are thinking about Meta Platforms' ( FB ) metaverse future. Roblox Corporation ( NYSE: RBLX) is recognized as a metaverse for younger gamers by global gaming giant Tencent ( OTCPK:TCEHY). Ian Tuttle/Getty Images Entertainment Investment Thesis
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