Web3 is a term used to define the next generation of the internet.

The main concept is that Web3 technologies will allow the internet to become decentralized, through the use of blockchain, smart contracts, NFTs, and the metaverse.

Those looking to gain early exposure to the growth and realization of the Web3 might consider doing so via the stock market. Therefore, in this guide, we explore the 10 best Web3 stocks to buy today for maximum upside potential.

Best Web3 Stocks to Buy in 2022

For a snapshot overview of the best Web3 stocks to buy in 2022 – check out the list of 10 companies outlined below.

  1. Coinbase – Overall Best Web3 Stock to Buy Right Now
  2. Meta Platforms – Top Web3 Stock to Buy for Exposure to the Metaverse
  3. Samsung – Global Electronics Brand Continues to Increase its Exposure to the Web3
  4. Apple – Provides the Underlying Devices to Make Web3 Possible
  5. Verizon Communications  – Leading 5g Network for Facilitating Web3 Access
  6. NVIDIA  – Market Leader in GPU Supplies for Blockchain Mining
  7. Cloudflare – Giant Data Centre Provider With Support for NFTs
  8. IBM – Technology Innovator With Growing Interest in Blockchain and AI
  9. Block – Super App With a Strong Focus on Crypto Payments
  10. Unity Software – Powerful Engine for Developing Web3 Games

As is evident from the above list, Web3 stocks come from a variety of sectors.

This is good, as it allows investors to mitigate their exposure to this niche marketplace by purchasing a diversified basket of Web3 stocks.

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A Closer Look at the Best Web3 Stocks to Invest in

Most Web3 stocks are actively involved in other markets. This means that there are not any pureplay Web3 stocks, which is great for diversification purposes.

Therefore, to gain exposure to the growth of Web3, it is wise to build a portfolio of stocks from multiple industries.

With this in mind, below we offer a much closer look at the best Web3 stocks to buy right now.

1. Coinbase – Overall Best Web3 Stock to Buy Right Now

Considering where this niche market is in 2022, Coinbase is arguably the overall best Web3 stock to buy right now. Although not a pure-play stock, Coinbase is as close to a Web3 specialist as we have right now. After all, Coinbase is not only one of the largest crypto exchanges globally, but it offers a variety of other services, some of which are linked to the Web3.

For example, Coinbase is home to a newly launched NFT marketplace. Bearing in mind that NFTs are expected to play a major role in the future of decentralization and private ownership, this is a great benefit for Coinbase’s aim to operate at the forefront of the Web3. Furthermore, Coinbase also offers prepaid crypto-backed Visa cards, as well as staking services.

Coinbase is the only pure crypto exchange that operates as a public company in the US – with its shares listed on the NASDAQ. The firm first went public in April 2021, so this may appeal to investors that are in the market for growth stocks. With that said, the value of Coinbase stock since going public has declined by a considerable amount.

coinbase stock

For instance, after its first day of trading on the NASDAQ, Coinbase stock was changing hands at $342, The stocks have since hit all-time lows of $40.This represents an end-to-end decline of over 88% from its original IPO price. While at first glance this should be a cause of concern, it is important to remember that 2022 has been an awful year for cryptocurrencies.

And therefore, this has had a direct impact on the value of Coinbase stock. On the other hand, many would argue that at any pricing level below $100 per stock, Coinbase is trading at a bargain. With nearly 100 million verified users on its books, Coinbase has all of the required tools needed to succeed. As such, it makes the number one spot on our list of the best Web3 stocks to buy.

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2. Meta Platforms – Top Web3 Stock to Buy for Exposure to the Metaverse 

When researching the top Web3 stocks to buy, the metaverse is a term that is sure to appear frequently. For those unaware, the metaverse is a collective term that refers to the virtual world. The idea is that once the technology gets to where it needs to be, people will be able to live, work, communicate, socialize, and more in the metaverse – all from the comfort of home.

And at the forefront of this growing concept – which many argue will sit at the core of the Web3, is Meta Platforms. In fact – CEO Mark Zuckerberg is so confident about the future of the metaverse that the name of the company he founded – Facebook, was rebranded.

Another area of Meta Platforms that could have an impact on the Web3 is digital currency. And, considering that a couple of years ago Facebook planned to launch its own digital token – Libra, this could further enhance its ability to have a major say in the Web3.

meta share price

In terms of the specifics – and just like Coinbase, Meta Platforms has seen its stock price suffer in recent times. In fact, the stocks are down over 50% in the first six months of 2022. On the flip side, this means that Meta Platforms is perhaps the best Web3 stock to buy on the cheap.

After all, Meta Platforms owns some of the largest social media companies globally. In addition to Facebook, this also includes WhatsApp and Instagram. Meta Platforms also controls leading virtual reality maker Oculus, which is itself working towards making the metaverse a reality. Across its ensure social media portfolio, Meta Platforms is closing in on 4 billion active users.

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3. Samsung – Global Electronics Brand Continues to Increase its Exposure to the Web3 

Samsung has made its intentions clear on the Web3. In a nutshell, the global electronics brand has already made strides into this space with a variety of partnerships and integrations. First and foremost, Samsung recently launched its own network on Discord. This is with the view of offering a more immersive experience for its customers that wish to engage with the community.

This is in addition to the firm’s involvement with Decentraland – which is one of the leading crypto-centric projects working on the metaverse concept. Moreover, Samsung also formed a partnership with crypto project TRON, by adding support for several decentralized apps – or DApps, onto its smartphones.

samsung stock

DApps are expected to play a major role in the future of the Web3, not least because they operate without a centralized point of control. We should also mention that Samsung is behind the Blockchain Keystore. This is a concept that allows users of its smartphones to retain control over their private data.

All in all, Samsung is one of the best Web3 stocks to buy for those looking to invest in a firm that has already proven that it strives to have a solid impact on this market. In terms of its performance, Samsung stock is up just 35% over the prior year, which translates into slower growth when compared to the broader market. Nonetheless, the firm pays a healthy running dividend of over 2.3% as of writing.

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4. Apple – Provides the Underlying Devices to Make Web3 Possible

Some of the best Web3 stocks to buy are not actually involved in this marketplace at all. This is because they provide products or services that will be required for the Web3 concept to flourish. One such example is Apple, not least because users will need to have access to both a smartphone and a connection to be able to engage with many of the solutions that the Web3 aims to solve.

For example, those wishing to engage in decentralized transactions over the Web3 network will likely do so with cryptocurrencies. Therefore, to store and access said cryptocurrencies, a mobile wallet will be required.

apple share price

Moreover, Mac laptops are often the preferred choice for developers building DApps and coding smart contract data. As such, this is another area that Apple can support the Web3 ecosystem. While Apple is yet to highlight any direct involvement in the growth of Web3, the firm is a clear innovator.

Therefore, there is every chance that management will eventually change its stance on this emerging technology. If it does, Apple continues to horde nearly $200 billion in cash reserves, so it has ample resources to explore the Web3. Also see our full beginner’s guide to buying Apple Stocks.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

5. Verizon Communications  – Leading 5g Network for Facilitating Web3 Access 

It goes without saying that in order to access the many benefits that the Web3 hopes to offer, an internet connection will be required. Not only that but considering how much data the Web3 is likely to need to offer a solid user experience, there is likely to be a strong reliance on 5G.

Therefore, Verizon Communications is perhaps one of the top Web3 stocks to buy for this purpose. After all, Verizon has a major foothold in the 5g space as one of the biggest telecommunication companies globally. Interestingly, Verizon has already stated its intentions to provide the required 5G network to the metaverse.

verizon communications stock

Moreover, the firm’s 5G Ultra Wideband network is already supplying 100 million people, with further expansions in the pipeline. In terms of investing in this Web3 stock, Verizon has been sluggish in recent years. Over the prior 12 months, the stocks are down over 13%.

Across a five-year period, growth of just 6% has been achieved. With that said, Verizon is well primed to benefit significantly from its ever-growing 5G rollout. In the meantime, the firm is offering a running dividend yield of over 5%. We also like that Verizon is carrying a P/E ratio of just over 9.6 times as of writing, which illustrates that investors can buy this Web3 stock at a bargain.

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6. NVIDIA  – Market Leader in GPU Supplies for Blockchain Mining  

Another area to consider when searching for the best Web3 stocks to invest in is blockchain mining. Put simply, for blockchain networks to remain decentralized – there is a requirement for miners to confirm and validate transactions. In turn, for this to be achieved, miners require specialist hardware devices – many of which come in the share of graphics processing units (GPUs).

The market leader in the global GPU industry by a considerable margin is NVIDIA. This firm is listed on the NASDAQ exchange and it has rewarded investors with some impressive returns in recent years. For instance, NVIDIA stock has made gains of over 310% in the prior five years.

nvidia share price

In comparison, the NASDAQ Composite has grown by 75% over the same prior. We like that NVIDIA has a robust balance sheet with plenty of free cash flow. Moreover, as per its most recent quarterly earnings report, the firm generated $8.29 billion in revenue. This is up 46% year-over-year.

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7. Cloudflare – Giant Data Centre Provider With Support for NFTs  

Cloudflare is a growing company that was first launched in 2009. The firm specializes in cloud services and DDoS mitigation through giant data centers. In terms of its involvement in the Web3, we mentioned early that NFTs are likely to play a major role in this marketplace.

And, with this in mind, the Cloudflare network now supports the safekeeping of NFT collections. More specifically, the technology allows video content creators to provide ownership via a unique ERC-271 token ID and contract address. This will allow people to transfer and display their content while at the same time, being sure that copyright ownership is well documented.

cloudflare stock

Cloudflare first went public in 2019 – 10 years after the firm was founded. Opting for the NASDAQ exchange, the stocks have grown in value by over 130% since the IPO. As of writing, Cloudflare carries a market capitalization which is under $15 billion, so the upside potential on this Web3 stock could be huge.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

8. IBM – Technology Innovator With Growing Interest in Blockchain and AI

IBM has solidified itself as a global technology innovator. In terms of its exposure to the Web3, IBM has been involved in the growth of blockchain networks for several years. In fact, IBM has already partnered with leading network Stellar to facilitate its inter-firm cross-border payments.

IBM is also investing heavily in several emerging technologies that are sure to have a major impact on the growth of the Web3. This is inclusive of both artificial intelligence and machine learning.

IBM is a solid Web3 stock to consider buying today, both in terms of its strong financial position and loyal client base. We also like that as of writing, IBM is offering an attractive running dividend yield of nearly 5%. Like many tech stocks, IBM has suffered in 2022, so this once again offers a great chance to buy the dip.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

9. Block – Super App With a Strong Focus on Crypto Payments 

Block – formally trading as Square, is a FinTech firm behind a super app. This all-in-one app offers a variety of products and services, many of which focus on the crypto ecosystem. For instance, Block makes it easy for newbies to buy cryptocurrency at the click of a button, alongside small account minimums.

Perhaps even more pertinently for the purpose of this insight on the best Web3 stocks to buy is that Block offers the framework for merchants to accept crypto as a means of payment. There is no downside for the merchant, as the crypto being used by the respective customer is subsequently converted to US dollars in real-time.

block stock price

Crucially, as the Web3 gets closer to becoming a reality, there is every chance that new generations will opt to use crypto as a medium of exchange, rather than fiat money. Block was one of the most successful stories of the lockdown era in 2020, with the stock increasing by several hundred percent.

However, Block has since struggled to retain its value. Over the prior 12 months, for instance, the value of Block stock has declined by over 72%. This does, however, offer a discount entry price for those bullish on what Block is trying to build.

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10. Unity Software – Powerful Engine for Developing Web3 Games

The final company to consider from our list of the best Web3 stocks to buy right now is Unity Software. This firm is behind a powerful engine that allows developers from all walks of life to create innovative gaming titles. This is most definitely relevant to the future of the Web3, as decentralized gaming is expected to grow exponentially.

Unity Software was founded in 2004 and the firm went public as recently as September 2020. The stock hasn’t performed as well as the markets had initially anticipated, but the firm is involved in an unproven business model. With that said, the stocks carry a modest market capitalization of just over $10 billion as of writing.

unity software stocks

Therefore, this Web3 stock could be a great option for those that are willing to hold long-term for maximum upside potential. A key plus-point for this growing company is that as per its most recent quarterly report, revenues were up 36% year-over-year. This resulted in the firm’s earnings per share increasing by 20%. Net change in cash also improved by 161% year-over-year.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

What are Web3 Stocks? Overview of Web3

In a nutshell, Web3 stocks are public companies that have an interest in the future of the internet. The Web1 refers to the original version of the internet that began in the 1990s. Think along the lines of 56k modems and super-slow loading times. Next, we had the Web2, which specifically refers to the age of mobile data and social media.

The Web3 will aim to take things to the very next level. One of the main characteristics of Web3 is to decentralize the internet. This means taking power away from Big Tech firms like Google and Facebook – and back into the hands of internet users. At the forefront of this is being able to access internet services in a private and secure manner.

what is web3

In order to achieve this goal, several emerging technologies will play a major role. This includes the blockchain protocol, which allows data to be shared without requiring a third-party entity or single point of control. Moreover, the Web3 is expected to extend to cryptocurrencies for the purpose of transacting online.

Another area of the Web3 that is sure to grow in the coming years is the metaverse. Then there are NFTs, which allow users to prove and retain ownership of both tangible and intangible items. It is, however, important to note that there are no pureplay Web3 stocks. This means that there are no publicly traded companies that are devoted exclusively to this marketplace.

Instead, the best Web3 stocks discussed on this page have displayed an interest in helping the future of the internet grow. Whether that’s Coinbase for its NFT marketplace, Verizon for providing the required 5G network, or Apple for its smartphones – many industries and sectors will likely be involved in the Web3 in one way, shape, or form.

Are Web3 Stocks a Good Investment?

Before risking money on an unproven and emerging marketplace like the Web3, investors need to assess whether or not this scene is a good fit for their portfolio.

With this in mind, below we discuss the core benefits of electing to invest in Web3 stocks today.

Invest in a Concept Before it Goes Mainstream

It could be argued that buying Web3 stocks right now is perhaps similar to investing in social media before it becomes mainstream. After all, billions of people around the world use at least one social media platform.

The same could be said for investing in the internet in the early 1990s. Either way, the key point here is that the Web3 is still just a concept. There is no surefire definition of this term, which highlights just how much of an early stage the Web 3 is.

Nonetheless, as this guide discussed earlier, some of the best Web3 stocks to buy are established companies that have already expressed their interest in this marketplace.

And, by adding a selection of Web3 stocks to a portfolio in 2022, this will allow investors to gain exposure to the industry at a highly favorable entry point.

No Pureplays – So Risk is Reduced

We mentioned earlier that there are no pureplay Web3 stocks in the market. Instead, the best Web3 stocks to invest in discussed on this page are companies operating in other industries and sectors.

Whether that’s IBM, Meta Platforms, NVIDIA, or Samsung, the Web3 only makes up a very minute division of these firms. As such, this will ensure that investors do not become overexposed to an idea that is yet to come to fruition.

Many Ways to Gain Exposure to the Web3

Another thing to keep in mind when searching for the best Web3 stocks is that there are many ways to gain exposure to this niche marketplace. Sure, this page has discussed 10 companies that have a foothold in the future of the Web3.

However, investors might also consider gaining exposure to the Web3 via cryptocurrencies like Bitcoin and Ethereum. The latter, in particular, provides the underlying blockchain framework for many metaverse platforms.

Another option is to invest in the ever-growing NFT space, which, again, is expected to complement the broader Web3 ecosystem.

Buy the Tech Dip

Many of the best Web3 stocks to buy right now operate in the technology sector. This means that – as per a much broader market sell-off, many tech stocks have suffered in 2022.

For example, Coinbase – which came out as the overall best Web3 stock to buy, is down nearly 80% in the first six months of 2022 alone.

metaverse stock price

Then there is Meta Platforms – which is looking to build the future of the metaverse, which is down 50% during the same period.

Crucially, this means that now could be the best time to invest in Web3 stocks, as many leaders in this space are trading at a major discount.

Web3 Penny Stocks

As of writing, there are no Web3 penny stocks operating in this space. This means that investors will need to opt for established companies with a proven interest in the Web3, rather than risking capital on a pureplay.

With that being said, it is still possible to invest in Web3 stocks with just a few dollars. eToro, for example, offers all of the Web3 stocks discussed today at a minimum trade requirement of just $10.

This means that with a modest deposit of $100, investors can buy 10 of the best Web3 stocks currently in this market.

Where to Buy Web3 Stocks

Investors will need to think about where to buy Web3 stocks. The best options in this marketplace will offer low or zero commissions, alongside small trade requirements.

This will ensure that investors avoid allocating too much capital into an emerging marketplace.

We found that overall, the best place to buy Web3 stocks is eToro – here’s why:

eToro – Overall Best Broker to Buy Web3 Stocks 

eToro is a leading online broker that serves 25 million clients. The platform offers all of the companies that made our list of the best Web3 stocks to buy. Best of all, investors will not pay a single cent in trading commission when buying Web stocks here. This is the case for US-listed stocks, as well as international markets.

In total, there are more than 2,500 stocks listed on eToro across 17 stock exchanges. All supported Web3 stocks can be purchased from just $10 – regardless of how expensive the equity is. Another reason why we like eToro is that the platform is adequately regulated.

eToro

This includes authorization and regulation from the SEC and FINRA to offer stock trading services to US clients. Additional licensing comes from regulators in Australia, the UK, and Cyprus. US clients are able to open a verified eToro account in less than five minutes and the initial first-time funding requirement stands at just $10.

Furthermore, US clients are not charged any deposit or withdrawal fees. Supported payment methods are plentiful too, with eToro accepted instant deposits via Visa and MasterCard, as well as Paypal, Skrill, and Neteller. We also like the Copy Trading tool at eToro. This offers access to thousands of verified investors that use the eToro platform.

eToro

Users can pick a trader they like, choose an investment amount (from $200), and subsequently elect to copy all future positions. We also like the Smart Portfolios created by the eToro team. These are pre-made baskets of assets that track a specific objective or market – such as decentralized finance or e-commerce.

We should also note that eToro enables its users to invest in cryptocurrency. As of writing, more than 70 popular tokens are supported, many of which operate in the metaverse. The minimum crypto trade is just $10 and fees are very competitive at just $1. Finally, users can also elect to add the best Web3 stocks to their portfolio via the eToro app for iOS and Android.

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy Web3 Stocks on eToro

Those wondering how to invest in Web3 stocks right now can follow the guide below.

As noted earlier, the best Web3 stocks are hosted on eToro at 0% commission, alongside a minimum trade requirement of just $10.

Step 1: Open an eToro Stock Trading Account

First, new eToro clients will need to register an account. Click ‘Join Now’ and type in a desired username and password.

Next, enter an email address and click on ‘Create Account’.

etoro sign up

New users will then be asked to enter some personal information and contact details.

Step 2: Upload ID

eToro is regulated by the SEC (and other licensing bodies) to offer stock trading services to US clients. As a result, it must ask all new customers to upload some ID as part of a KYC process.

For this, upload one of the following documents:

  • State ID
  • Driver’s License
  • Passport

The uploaded document must be valid and in date.

Moreover, eToro will also need a recently issued document that displays the user’s name and address. For instance, a bank account statement.

Step 3: Deposit Funds

The next step is to choose a deposit method from the list of supported payment types.

Examples here include debit/credit cards, e-wallets, and ACH.

buy dogecoin at etoro

All of the aforementioned deposit methods come with a minimum funding requirement of just $10 when opening an account in the US. Furthermore, US clients pay no deposit fees.

Step 4: Search for Web3 Stocks 

The next step for the user is to search the eToro website for the Web3 stock that their wish to buy.

Simply typing in the name of the company into the search box at the top of the screen will suffice.

buy web3 stocks at eToro

For instance, above, we are searching for Coinbase stock. Click ‘Trade’ next to the respective Web3 stock to proceed.

Step 5: Buy Web3 Stock

The final step is to set up an order. First, type in the investment stake into the ‘Amount’ box. eToro allows any investment amount from $10 upwards.

buy web3 stocks at eToro

Second, and finally, click on the ‘Open Trade’ button to place the order. The Web3 stocks will then be added to the client’s portfolio.

Conclusion

This guide has analyzed and ranked the 10 best Web3 stocks to buy today. While this industry is still very much in its infancy, there are plenty of ways to gain exposure to the next generation of the internet.

To buy Web3 stocks right now, eToro lists all of the companies discussed on this page at 0% commission.

Perhaps even more importantly, the minimum investment for each Web3 stock purchased on eToro is just $10 – so beginners won’t be required to allocate large sums of capital into a high-risk marketplace.

etoro review

Your capital is at risk. 68% of retail investor accounts lose money when trading CFDs with this provider.

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