MWRK Positions For High Growth In $3.5 Trillion Metaverse Market Popularized By META

May 3, 2023 -- InvestorsHub NewsWire -- Via Op2mst, VQC LLC --  MetaWorks Platforms, Inc. (CSE: MWRK) (OTCQB: MWRK), formerly known until last summer as CurrencyWorks appears to be positioning itself as a pioneer in the growing metaverse market estimated by Grand View Research to have a potential market opportunity between $3.5 trillion and $12.46 trillion.

 

After suffering much initial criticism for its META rebranding, Facebook parent, META (NASDAQ: META) seems to be validating the future of the metaverse after its recent annual report was received well by the market.

 

MWRK’s rebranding from CurrencyWorks to MetaWorks may have been inspired by META and perhaps MWRK’s rebranding will soon receive a market response similar to META’s.

 

With a PPS below $0.10 as of this writing, a historical PPS over $3.00, and an I/O under 100 million, MWRK has the potential to deliver exponential returns from a low investment entry point.  While META may be more of a known quantity, the PPS as of this writing is $240.

 

MWRK is a service provider plus (more on the plus below) in the metaverse space building metaverse solutions for diverse industries.

 

Grand View Research reports, for instance, that Walmart (NYSE: WMT), Nike (NYSE: NKE), Gap (NYSE: GPS), Verizon (NYSE: VZ), Hulu, Adidas (OTCMKTS: ADDYY) and Atari (OTCMKTS: PONGF) all have active metaverse initiatives.

 

MWRK has a proven track record with the web3 and blockchain tools to build and monetize metaverse solutions.  MWRK projects have been featured in TIME, People, and THE GLOBE AND MAIL (See More).

 

MWRK management recognizes that even with a potential market opportunity in the trillions of dollars, the metaverse business model is far from mature.  The MWRK annual report acknowledges that the company’s business model is evolving. 

 

One of the intriguing and potentially very lucrative aspects of MWRK’s client engagement approach has been the company’s willingness to take equity in its client projects.  The MWRK annual report even acknowledges the risk of being deemed an investment company.

 

At this time, MWRK seems to be making strong headway with its metaverse solutions in the entertainment industry.  The company has made some interesting recent announcements in both the music and movie sectors:

MWKR - MetaWorks’ MusicFX Chosen as Official Ticketing, Wallet and NFT Partner for FreakNik Festival's Documentary “FreakNik: The Wildest Party Never Told” to Air on Hulu

MWRK - MetaWorks Platforms Sells International Rights to ZERO CONTACT The First NFT as a Film (NAAM) Full-Length Movie Ever Made

MWRK is clearly an early-stage company, and it acknowledges itself as one.  MWKR is an early player in a very hot industry where fortunes are likely to be made.  MWRK appears to be adapting itself along with the metaverse industry evolutions and that entrepreneurial characteristic may bode well for investors that make a bet on MWRK as a metaverse market mover.

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By The Op2mst

I write about companies in which I am invested or considering an investment.  My writings reflect my opinion.  I am not making recommendations. While I have investment experience, I have no educational background, degree or license that pertains to investing.  You should not invest based on anything I write about.  You should invest only at your own risk.  Market awareness, in my opinion, is important to price per share appreciation potential.  Through my writing, I intend to contribute to market awareness for the benefit of my own investment or potential investment.

 

Source: Op2mst, VQC LLC