Kevin O'Leary of Shark Tank Engages In Metaverse Altcoin Markets.

Kevin O'Leary of Shark Tank Engages In Metaverse Altcoin Markets.

2022-02-12 | Big Bob

Kevin O'Leary of Shark Tank Engages In Metaverse Altcoin Markets.

Kevin O'Leary, a Shark Tank entrepreneur, has stated that he is engaging in metaverse altcoins as the young cryptocurrency market takes off.

In the latest discussion with Kitco News, the celebrity investor believes the software that would power the metaverse would include Ethereum (ETH), Polygon (MATIC), Hedera (HBAR), as well as Helium (HNT).

"If you're prepared to spend money on a Facebook, Google, or Microsoft, that's all software." And because the metaverse is essentially software, I'm beginning to invest in a few among the major platforms where the metaverse will reside, such as Polygon, HBAR, as well as Ethereum.

Bitcoin is only software. Because it isn't a currency, I always remind folks that if you're prepared to invest in conventional software as a service firm like Microsoft, why aren't you engaging in Ethereum? Why aren't you engaging in Polygon, HBAR, Helium, as well as the rest of these platforms?

I've got a really diverse set of software systems, and I'm not sure which ones would be effective, but it's variety."

According to O'Leary, the metaverse has the potential to transform the way products and companies are marketed.

"If you think that in the upcoming three to five years, as everything begin to go online, especially experiential marketing, you'll discover it in the metaverse, where it'll show itself in gaming initially, and therefore we'll witness a bunch of gaming occur, and esports is a huge component of that." I believe this is the path it will take...

The metaverse may be divided into two ways: unruled, uncurated metaverse, where if you're a huge company, for example, Procter & Gamble, you might discover yourself set up in the metaverse directly next to a porn shop. That will not occur on Facebook, where they will control the metaverse. That may have greater long-term worth since if I'm bringing up a brand that represents anything to me, I would not desire to put it up next to a booze store, porn shop, or whatsoever else is uncontrolled on the metaverse."

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