5 Best Metaverse Stocks To Invest In

2. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 240

Amazon.com, Inc. (NASDAQ:AMZN) has no direct metaverse offerings as of yet but the company has been dabbling in the technology for quite some time now. Amazon.com, Inc. (NASDAQ:AMZN) launched Cloud Quest, a virtual city-based role-playing game which allows people to build practical AWS Cloud skills. In 2020 Amazon.com, Inc. (NASDAQ:AMZN) launched its Room Decorator app, which lets users try and test furniture and home décor items in their space. Last year Amazon.com, Inc. (NASDAQ:AMZN) launched “Amazonmetaworld,” a metaverse of digital gamification experiences, in five Indian cities. The experience included wearing a VR headset and walking around in virtual worlds and interacting with others.

Amazon.com, Inc. (NASDAQ:AMZN)’s most important offerings in the metaverse space are related to software. Amazon.com, Inc. (NASDAQ:AMZN) supports several extended reality companies including Campfire 3D, Meta, Magic Leap, Nvidia, and many others. AWS Spatial Computing services are famous among metaverse developers. Amazon.com, Inc. (NASDAQ:AMZN) also supports OpenXR and has converted its gaming engine Lumberyard into the Open 3D Engine in partnership with the Linux Foundation to create an open-source game engine.