The Metaverse Holds Infinite Opportunities Like the Early Internet

       The 'metaverse' is an investment opportunity similar tothe internetin its early days.In the next 5 to 10 years, all human activities that have not yet moved online will move online. We can only imagine what it will look like. Before this, Jefferies also released a report saying that the 'metaverse' will be the greatest disruption to people's lifestyles in history.

       The metaverse is a vague term referring to a wide range of virtual worlds where people use avatars to play games, watch virtual concerts, work, build things, and even buy and sell crypto assets such as non-fungible cryptocurrencies or NFTs. Social media giant Facebook recently changed its name to Meta, marking a shift in focus to the metaverse. This move has stirred interest among investors and othertechnologycompanies in this idea.

   Powell said investors should consider investing in the metaverse like investing in the early internet. This meansfocusing first on hardware suppliers, then software suppliers, and then companies operating within the technology.

'From 1989 to 2000, what did you want to own? You wanted to own Cisco, the world's leading network solutions provider. I think the same applies to the metaverse,' he said.