The development of the internet has seen the rise of hundreds of new sectors in which to invest, with one of the most recent additions being cryptocurrency. At the time of writing, there are over 200 different cryptocurrencies available and you only have to look at the way the value of Bitcoin surged a few years ago to understand the potential value of digital currency in the future.
If anything, the spread of COVID-19 has only pushed people further into the digital age and we are seeing more people then ever before investing in cryptocurrency. For many investors, the key to investing in cryptocurrency is finding the next Bitcoin. However, there are plenty of other cryptocurrency investment contenders out there, away from the actual currencies themselves including NVIDIA, Salesforce.com, Facebook, Shopify, and CME Group. Each of these companies are now playing a prominent role in digital currency, whether it be GPUs powering cryptography and blockchain creation, digital currency payment processors, or cryptocurrency marketplaces, there is plenty for the investor to enjoy in the online cryptocurrency sector.
Moving on and one of the leading online sectors for investment potential has to be the iGaming industry. This is one of the fastest-growing sectors and has seriously taken off in recent years. You only have to look at the governments, technology, and game manufacturers currently backing the iGaming industry and it quickly becomes clear how big the sector has become and will continue to grow.
The online casino industry was thought of as a fad when it first burst onto the scene but now it is one of the most secure online markets. Every year, we see the introduction of new online casinos as people continue to invest money in the development of casino games and features. One of the many ways to invest in the online casino sector is to put money into the creation of a new online casino but there are other options. There are many companies behind the games you find at online casinos, they are rarely developed by the casino itself and the companies present a great opportunity for those looking to invest in the iGaming industry. For example, there was a time where it was possible to enjoy playing poker online against an algorithm but now players can participate in real online tournaments, against other individuals from around the world. Investing in the iGaming sector gives you an opportunity to be part of the next big thing in the online casino industry.
Finally, we come to the third online sector for investment and that is VTuber. This is a growing community that originated in Japan and is based on people who like watching digital avatars sing, dance, and play video games. Several popular streamers are now jumping on this trend and many of the characters are now virtual celebrities. In May 2020, it was announced a Japanese virtual YouTuber management agency raised $6.6 million to fund a global expansion. The company, called Hololive Production, is offering management production services of VTubers and is just one example of the massive investment currently taking place in the VTuber sector.