Forum Topics Stocks in metaverse
TycoonTerry
3 years ago

There is an article in AFR today titled stocks in the metaverse, I don’t really care to read it but I have reached my monthly quota of free articles….

could someone list the stocks mentioned in the articles!?

would much prefer to look into them without any anchoring bias from the article :)

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Vandelay
3 years ago

Below is a snip from the article with a short breakdown of the stocks they mention.

Vection Technologies

The purest play in the space, VR1 has been working for some time on its technology to deliver 3D/VR solutions to a wide range of industries from defence to real estate and media. It has had a busy month of announcements, culminating in its FrameS Metaverse release. The company this week completed a $12 million capital raise with the majority of funds going to strengthen the balance sheet and pursue future growth opportunities.

The new technology allows organisations to build self-contained 3D immersive metaverses where people can participate equally from anywhere in the world. While it is difficult to quantify an opportunity like this, it would appear VR1’s long-term commitment to the space means it’s in the right place at the right time.

PlaySide Studios

Game developer PLY has an impressive and growing list of games, as well as clients on its work-for-hire books, such as 2K Games which was announced recently.

No stranger to 3D games and augmented/virtual reality, the company said in a recent $28 million capital raising that it intended to establish a dedicated R&D team to pursue metaverse opportunities as well as remain at the forefront of blockchain gaming globally.

Indoor SkyDive Australia Group

IDZ will soon become XRG (XReality Group) to align it with its growth strategy. This follows the recent acquisitions of Red Cartel, an Australian virtual reality entertainment production and defence studio. A new business unit (Operator Tactical Solutions) will build training and simulation products for global defence and law enforcement agencies.

Aerometrex

AMX was thrust into the metaverse limelight after the recent announcement of a $250,000 sale for a one 3D image contract of the city of San Francisco for use in a proprietary metaverse. While the company remains focused on real estate and property management solutions, this could be another way to leverage off its photogrammetric assets.

Remsense

REM is a newly-listed digital operations analysis firm that has an agreement with NASDAQ-listed Matterport to pass its asset management expertise into the US firm’s 3D visual and spatial technology tools. This creates virtual plants that can help clients in a number of different ways, from asset identification through to hazard analysis.

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reddogaustin
3 years ago

@TycoonTerry - try a browser add-on called "bypass paywalls clean" I read the AFR in firefox.....

@Strawman. Please delete if this is considered inappropriate.

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