Top 2022 Metaverse Stock to Buy Now (Metaverse Dividends)

What is the metaverse? In short, the metaverse is a virtual world where you work and play as an avatar, and it's focused on global social connections. Generally, these experiences are accessed by augmented reality (AR) or virtual reality (VR) and require a digital economy where users can create and sell goods.

With the stock market crashing over inflation and interest rate concerns, high growth stocks have been under pressure. I have always been a fan of a barbell portfolio with diversification to hedge risk. Today’s pick is a high-quality metaverse stock, and you might be surprised what it is. 

If you aren’t familiar with the term NFT, it stands for non-fungible token, which is a cryptographic record of ownership of something unique and is recorded on a blockchain using cryptocurrency. In case you’re wondering, Ethereum (CRYPTO: ETH) is the metaverse crypto of choice, and its most commonly used for NFTs. Think Ape NFTs.

Recently, Nike (NYSE: NKE) acquired RTFKT Studios, an NFT start-up company focused on the creation of virtual sneakers and virtual collectables. That’s right, Nike is getting into virtual sneakers. Now you can rock the latest kicks on your avatar in the metaverse. Nike has been firing on all cylinders without non-fungible tokens, but this acquisition dumps fuel on its digital transformation fire. Not only can you get exposure to the metaverse as a shareholder of Nike, you can also collect dividends and include it in your DGIF bucket. Nike is a blue chip metaverse stock with dividends! Is Nike a metaverse stock to buy now?

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Disclaimer:
I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. FIRED Up Wealth & Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.

Видео Top 2022 Metaverse Stock to Buy Now (Metaverse Dividends) канала Mr. FIRED Up Wealth