The metaverse, which blurs the lines between the physical and digital worlds, has become a hot topic over the past year. The concept isn't new, since miniature metaverses already exist within multiplayer video games, virtual and augmented reality experiences, and social networking platforms.
But as the world's computing hardware improves and internet speeds increase, many tech companies expect those silos to merge into an omnipresent digital fabric that will enable users to seamlessly shift in and out of virtual worlds and augmented reality experiences.
Two tech companies that are frequently mentioned in those conversations are Meta Platforms(NASDAQ:FB), the company formerly known as Facebook, and Roblox(NYSE:RBLX), the popular game creation platform. Let's compare the core businesses of Meta and Roblox, their plans for the metaverse, and see which is the better overall investment on this secular growth trend.