The metaverse is expected to grow at a CAGR of 47.6% until 2029, led by improved technology and increasing interest from brands and companies looking to enter the space. We’ve seen huge transitions with companies beginning to sell NFTs to creating virtual retail spaces to sell and advertise products.
A lot of people have missed the fact that $COIN.NE (Tokens.com) isn't a pre-revenue metaverse/crypto play anymore. They are a company that has shown resilience and an ability to be the first to many trends as a company. For example, the 8-figure virtual real estate portfolio has shown promise because of the numerous deals and partnerships with companies. For example, the lease agreement with Forever 21 to create a virtual retail space. Combine that with the numerous NFTs, play-to-earn games, and the main staking operations, $COIN.NE has a diversified range of rapidly growing revenue-generating channels.
Recently, one of $COIN.NE’s subsidiaries launched a new advisory/consulting arm to help companies looking to enter the metaverse (which could also help find additional clients for their existing virtual real estate properties). I’m looking forward to hearing the next earnings call, which will take place in 14 days.
Now, the stock has taken a beating over the past couple of months, however, the overall stock market has also had a decline recently. Despite the stock performance, the fundamentals for $COIN have stayed solid, and the next earnings call will also help give investors an idea of what the company valuation should be. GLTA!