META Platform - Metaverse Mark Zuckerberg's recent announcement that Facebook will be renamed Meta has sparked a lot of buzz around the topic.
The metaverse is an iteration of the Internet portion of virtual reality often in the form of social media.
The metaverse in a broader sense can refer not only to virtual worlds governed by social networks but to the entire spectrum of augmented reality.
Zuckerberg changed the name of the company only, not the brand of the social network. Let's remember how Google became Alphabet 6 years ago. It's the same thing.
What is important is something completely different. How many of you watched the Meta presentation, the primary source of information on what's going on? I think only a few people. In this presentation, the most important information - what is (more or less) specifically invested in the concept of "METAVERSE" in the thoughts and plans of Facebook.
An hour and a half of study can affect what you do for the next 20 years. No kidding. We are on the verge of a breakthrough. Up or down is another question. I have doubts whether a person should take on the role of the creator of new worlds. What exactly is a new big thing that opens up opportunities to jump on a train when it is just starting to move. Therefore, I advise you to watch the presentation! This investment can open up completely new horizons.
fb.watch
During isolation, many people will be willing to try to realize themselves in a new world, re-create themselves (avatars) in the meta-reality and do something. I think this idea will appeal to many people, especially young people who play computer games. Therefore, we are moving along the trend.
A very good example of what is happening now is the Ready Player One movie. It is a 100% reflection of today's trend.
This is not the future that was predicted 50 years ago, but it is one of the variations.
THE Sandbox (SAND) In Accumulation Again SAND has had an amazing pump and interestingly most of the price recognition is occurring at $2.65 cents since the pump. point of control is at Aside from Decentraland (MANA) The Sandbox is the premier Metaverse with many partnerships and even celebrity social recognition. Only a $2,344,562,929 Market Cap at the time writing. I believe SAND will continue to grow throughout this month. We're still in the very beginning of the gaming and metaverse trend. Especially since the Facebook announcement. Keep SAND on your radar throughout the rest of the year. Current local support at $2.50 and keep in mind we're in price discovery phase.
Much peace, love, health, and wealth!
DATS -- Bottoming ahead of national marketing campaignDATS has released a privacy-focused social media app DatChat into the wild with another major rollout planned for this month to go along with the national (US) marketing campaign through Barstool Sports and other major online influencers. App features include screenshot protection, beefed up privacy/security features, self-destructing messages, Apple iMessage integration and many more. Company owns a number of patents that protect its IP. With Facebook and other social media companies facing scrutiny over their usage of private data, this is a perfect environment for new player to come in and to show they do things differently. If stars align and this new app/social network goes viral, sky is the limit given the minuscule $163M mkt cap. For some reference, WhatsApp was acquired by Facebook for $19B USD! Company has over $20M in cash, so there's no need for immediate dilution.
Bottoming chart with strong trendline support. Very similar setup to the previous two times it hit that line before going on a major run. Selling is drying up and MACD is starting to curl for a potential bullish cross. Double Bottom pattern. Successful breakout through previous high would trigger $28 - 30 technical target. This is a potential multi-bagger from current levels.
How Will Meta Monetize The Metaverse?What do we know about the Metaverse?
The Metaverse is a concept (for now). A concept that has motivated Facebook to change its branding to Meta and begin developing the infrastructure of a meta-universe. The drastic pivot that Facebook is attempting to pull off, the Company hopes, will put it at the forefront of the internet’s “next frontier”, just as it was a decade and a half ago when Social Media platforms were maturing.
Facebook/Meta CEO Mark Zuckerberg has called the Metaverse an “embodied internet … where with just a pair of glasses, you will be able to step beyond the physical world… beyond the limits of distance and physics” and engage in rich people-centred experiences.
A simulation of the Metaverse that Zuckerberg demonstrated last week showcased the potential of the platform. In the demo, a group of avatars met in a virtual room, played a hand of poker before being dazzled by a room-sized 3D artwork sent and paid for by A friend of Zuckerberg exploring New York (in real life).
For all the altruistic CEO-speak regarding the Company’s mission to “Bring people together”, Facebook/ Meta will still have to monetize the Metaverse experience. Conquering the next frontier may have to coincide with a new method for generating revenue for the Company.
How will Meta monetize the Metaverse?
A legitimate question that exists is; how will Meta monetize the Metaverse? A model based on highly targeted advertising is what has worked for Facebook in the past. Facebook has reported US $54 billion in revenue so far in 2021, setting the Company on a path for another record year. In contrast, Facebook has booked a comparably paltry US $1.2 billion in revenue in the same time frame from its non-advertising revenue streams, such as the sale of Oculus headsets.
Zuckerberg has maintained that Facebook would always remain free to use. Fortunately, the Metaverse is not yet hamstrung to such a proclamation. Meta should be exposed to more revenue-generating opportunities including, subscription models, hardware sales, ticketing, skins, gaming and pay-to-play models, and SaaS. It might be fair to say there will be a universe of options for Meta to explore.
That’s not to say that Ads can’t be integrated with a metaverse, slotted tidily within the virtual landscape. Meta may even generate a more accurate understanding of their customer base through their metaverse experiences, boosting demand for its ads services as ads become hyper-targeted.
Decentraland MANA/USDT rally after Facebook rebrands to MetaOpened to the public in January 2020, Decentraland is an Ethereum-based virtual world, or metaverse, that is owned by its users and governed through a decentralized autonomous organization (DAO).
Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.
BINANCE:MANAUSDT
Resistance Zone / Sell Zone
R1: 6.171
R2: 7.271
R3: 8.695
R4: 9.180
Support Zone / Buy Zone
S1: 2.613
S2: 2.006
S3: 1.607
Cheers,
MRHPx/CRACKadabra
Facebook will LeadFacebook should be strong in the coming weeks . expect these resistance lvls below to be taken out or reached.
R LVLS
330
337
355
367
Making moves into the Metaverse and publicly rebranding the name to focus on the METAVERSE is a big step for FB as it'll now be a whole different monster.
The Facebook Effect MANAUSDMaybe I am correlating two unrelated things, but
Facebooks recent announcement about pursuing the metaverse future gives a project like Decentraland a lot of exposure
Regardless,
The TA on this timeframe (1Hr) shows an inverted ascending scallop, these breakout to the upside after reaching a certain point of stability
Coinbase 2021 DPO = Facebook 2012 IPOIdea: Coinbase = Facebook
The first 6 months after Coinbase’s DPO reminds me of Facebook’s first 14 months after its 2012 IPO.
The exponential increase over the last decade in the velocity of money and how it is exchanged in the markets seems to be a reason why a stock like Coinbase can do movements that previously took 14 months in just about 6 months. That’s 58% faster if we go along with exploring this idea.
As of today, Coinbase’s chart looks like it has been emulating Facebook’s. If we take a look into Facebook’s all time chart we’ll come across some interesting technical “coincidences” when extrapolating the 3.618 Fib extensions.
If we take the Fibonacci of the all time high of $44.62 and the all time low of $17.43 during the first 6 months of Facebook’s life we get a 3.618 extension of $118.33 that came into existence 4 years later. If we take that all time high of $118.33 and the all time low of $17.43 and we extrapolate and do another Fib extension, the 3.618 lands at $378.76; exactly where the bull run ended (as of today) for Facebook in September of this year. It took 5 years to get to that point from the previous 3.618 extension, but the path had already been drawn.
If we extrapolate Coinbase’s potential 3.618 future extensions, we get $1,022 and $3,138.
As of 2021, Coinbase sits at a market cap of $68.5 billion. In the banking industry, JPMorgan Chase sits at the #1 spot with $503.5 billion. If Coinbase gets to $3,138 (basically a 10x) that would mean that it would surpass JPMorgan and achieve a future market cap of $671 billion.
If Coinbase does a memeish move similar to what Tesla did recently, where it basically took over the entire car industry’s market cap, who knows where it could go. I don’t think this will happen this year or anytime soon, but if it took Facebook 9 years to get close to a $1 trillion market cap, and we take into consideration the exponential change in the velocity of money, it wouldn’t be that inconceivable to think that Coinbase can reach that valuation 58% faster, or in other words, 4 years (or let’s say 5).
What’s the likelihood of this scenario happening? Who knows really, but I think that it’s more probable than not.
We can take the following into consideration:
Coinbase hasn’t even started offering traditional stocks through its exchange. What will happen when/if retail gets the opportunity to trade stocks like Google and Apple through mirror synthetic tokens of their stocks? What will happen when/if Coinbase provides ROTH/IRA/Retirement products through their platform? What will happen when/if Coinbase integrates a social media platform? What if the future of the said Metaverse is not within Facebook but within Coinbase? What if businesses start generating more revenue through Coinbase sales funnels?
Just food for thought. Thanks for reading if you got all the way here.
*I’ve been diversifying my crypto profits into Coinbase stock since late April, from the $320s all the way down to the $210s. After June, every time it went over $260 I paused accumulating. Up till now, I’ve managed to average a $242 entry price. As of the moment, I’m in a hold position, and currently not buying. Wall Street has set a short term high sell target between $385-$600 and a low buy target between $160-$220. Only time will tell.
Facebook(Meta) history and bull caseI see the metaverse being a distraction for Facebook to try and leverage some of the negative media attention away from them for now. stock could have more downside all depends on how to respects the current downward channel.
i ultimately see Facebook and metaverse becoming massive!! in 5 years time meta will start to become the next fad and craze that everyone is talking about! they're investing and building it as we speak and i see so many applications where this can be used, gaming, entertainment, educational to name a few. This is the next step in the internet and Facebook will be a huge leader. they have all the right ingredients.
its down 30% from highs and in my opinion looking back historically its a good buy!
Facebook is Meta Facebook has changed the name to Meta.
Metaverse is a future iteration of the Internet, made up of shared, 3D virtual spaces linked into a perceived virtual universe.Games like Roblox are examples of Metaverse. Simply put, it is a fictional universe.
Considering the success of Roblox in Metaverse space, the future of Meta (Facebook) is very promising and the technical support levels are supportive of a LONG position.
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MSFT Long Call Calendar SpreadDescription:
Earnings after close, taking advantage of high IV on same week options and covering with next week's (Calendar Spread).
Long Call Calendar Spread
Levels on Chart
R/R ~3:1
Positive R/R, stop loss levels built into position.
Intend to close before near term expiration.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/05 310C
SELL
10/29 310C