Roblox and MetaPlatform are now cheaper for Metaverse Investors

Roblox Corp. (RBLX) and virtual reality technology developer Meta Platforms Inc. (META) are still the potential beneficiaries of the metaverse development. The valuation of this address market has not changed and remains high, and RBLX and META securities have fallen significantly in price. According to experts from the McKinsey consulting firm, the metaverse market could reach $5 trillion in ten years is a considerable amount, which includes income from equipment and digital environment in virtual reality, as well as services offered by metaverses. 

In particular, the size of new products on the VR glasses market in 2022 is about half that of the first mass versions of glasses under the Oculus brand, which now belongs to Meta Platforms. The success of the Oculus Quest glasses has confirmed that an inexpensive and easy-to-use VR device can attract millions of users. Therefore, the topic of metaverses is still on the agenda for many long-term investors, and the cheaper shares of the primary beneficiaries can make this direction more attractive. Meta Platforms invests enormous sums in VR and metaverse ($10 billion in 2021) and also takes advantage of access to its three billion audiences. 

First of all, Meta at communication and interaction of people in the metaverse is the most difficult and, at the same time, promising direction since it covers entertainment, work, and training. In turn, Roblox is in the gaming segment of the future metaverse market. The company attracts video game developers, including for VR, and some developments may become extremely popular in the future. It should note that Roblox is much smaller than Meta with its large audience and the Oculus brand. But about half of the Roblox audience is the age of 13, and metaverses are likely to be a popular generation.