Walmart Just Made a Big Bet on the Metaverse
Andy Snyder|January 19, 2022
The metaverse is coming… and it’ll be populated by crazies, freaks and falling prices.
We could not be more excited!
If you didn’t hear the news yet, Walmart just shook things up. It sent a messenger down to the U.S. Patent and Trademark Office with a slew of applications in hand.
The king of low prices and economic disruption is going digital. It filed to protect its unique ideas for NFT (nonfungible token) and blockchain technology.
They’ll be used, the filings say, by members of an online community via a global computer network.
That means the metaverse will look far more like reality than many had hoped.
There will be Walmart greeters, deceptively low prices and a place for drunks, weirdos and freaks to hang out at 2 a.m. on a Saturday.
We’re bullish on the idea, though… very bullish.
We can’t have the modern-day American economy without Walmart, and we surely can’t have a digital version of it without the megastore distorting things with its powerful reach.
Digging into the filings a bit more than the average headline writer, we were able to see what’s really going on.
They paint a promising picture for folks who enjoy making a buck or two on emerging technology.
In three separate filings, Walmart attorney Holly Lar applied for trademarks on “Verse to Curb,” “Verse to Store” and “Verse to Home.”
And we’re not talking about Bible verses. Walmart is aimed squarely at the metaverse, the digital platform that is coming sooner than most folks think… and many folks want.
All three applications are focused on the same idea – getting goods from the digital world to the physical world. Walmart is working on a new supply chain system that will allow folks to shop in the digital realm and have products delivered to a store or home.
If that sounds a lot like the current version of the internet, you’re spot-on.
But there’s one big difference. The metaverse is not going to look anything like the current version of the web.
Instead, it will be much more user-friendly, much more immersive and much more like the physical world. Take it from a Luddite who thinks the world’s gone bonkers… it won’t be as scary as the headlines make it seem.
Walmart, for instance, clearly wants to make online shopping easier and more efficient. Using the technology it’s tiptoeing into, a “Walmartian” will be able to walk digital aisles, scan the shelves, pick up and read packages, and place them in their cart.
They might even be able to stop in the middle of the aisle and chat with a real-world neighbor.
This isn’t the world of video games and nerdery. It’s big money and high stakes. It’s the fruition of what the internet can truly be (and not just the gathering spot of sick social media users).
It creates not only a fresh conduit for online sales but also – and this is the HUGE part – an entirely new digital economy. It creates an entirely new place for folks to spend their money (as if they needed one). We’re seeing it emerge as Nike, Gap and other major brands file for similar patents and similar intellectual property protections.
The big boys are piling in.
It’s looking like the next modern-day gold rush… and word of the shiny stuff is just starting to make it back home.
There are all sorts of ways to play it.
Packing for the Klondike!
There’s everything from Roblox (RBLX), which is looking more and more like the 2022 equivalent of AOL in 1999… to Nvidia (NVDA), which keeps getting one millionaire-making technological win after another… They’re both already making folks money.
On the NFT side, we’re even more excited. The vast majority of investors are utterly confused about the role and future of NFTs. They’ve been duped into thinking that NFTs’ only use is to put a price tag on overhyped sports cards and artwork.
The reality is much different.
By 2025, we predict every adult in America will deal with NFTs in some fashion. They’re soon coming to the worlds of car ownership, contracts, banking and even our jobs.
The crypto world is full of ways to play them.
Bottom line, Walmart isn’t messing around. It’s been looking to change up its digital game for years. These applications prove it may have just found the way to do it.
We don’t get excited about much technology… but this isn’t just technology. It’s a whole new economy.
And that’s something we’ve made a career out of.
Note: If you’re interested in details on the three hottest coins in our playbook right now, click here. We say they’re headed to the moon… and we’re putting a huge guarantee behind that prediction!
Andy Snyder is the founder of Manward Press, the nation’s premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. Andy and his ideas have been featured on Fox News, on countless radio stations, and in numerous print and online outlets. He’s been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms. Today, Andy’s dissident thoughts on life, liberty and investing can be found in his popular daily newsletter, Manward Financial Digest.