Facebook's change to Meta expected to benefit $XRA Meta (previously Facebook) is expected to be a huge catalyst for XRApplied ($XRA.C $ZADDF ).
$XRA is a company that creates custom XR solutions for other businesses. All of their solutions are tailored to each company to best fit their clients' needs while remaining cost-efficient.
As Meta's metaverse grows its VR platform and tech, companies will be looking to successfully take advantage of the opportunities the metaverse creates.
Doing this will require 3D modelling, AR/VR implementation and NFT/ smart contract coding and marketing which $XRA is specifically equipt for. Therefore it is expected that $XRA will be able to capitalize on Meta by using their VR/AR skillset to create VR/AR solutions for companies that wish to capitalize on the metaverse.
Other than creating custom VR/AR solutions $XRA's revenue model also included creating scalable tech, partnerships/auditions, and their own apps and games.
XRA is slightly down today trading at, @ 0.37 MC $24.97 M
https://www.globenewswire.com/news-release/2021/11/08/2328911/0/en/XRApplied-Receives-OTCQB-Symbol-and-Provides-Update-on-Metaverse.html