The entire video game industry is worth an estimated $159 billion in 2020. However, there are certainly ways to invest in the growing popularity of gaming and eSports.
The video game industry is well represented on Wall Street. Are There Stocks Similar to Minecraft to Invest In? However, Microsoft’s gaming revenue only made up $38 billion of the company’s over $143 billion in revenues in 2020 and is trumped by things like the Azure Cloud business. Gamers instantly think of the Xbox console systems and all of the revenues it may make from its game sales and Xbox Live memberships. Unfortunately for those investors who wish to make an investment in Minecraft, gaming makes up a smaller portion of Microsoft’s revenue than you may think. So is investing in Microsoft a direct investment into Minecraft? Sort of. With all of the spin-offs, movies, books, and other merchandise Minecraft has produced, you can be sure Microsoft has more than made that investment back. Specific Minecraft revenues aren’t released by Microsoft.
Even though it was developed by Mojang, the intellectual property and Mojang itself were purchased by Microsoft back in 2014 for a sum of $2.5 billion. A little tech company called Microsoft ( NASDAQ:MSFT). The closest thing you can get to a Minecraft stock price is to buy shares of its owner. Unfortunately no Minecraft stock price right now.Can they trade Minecraft stock price? Is there a Minecraft Stock Price? There was even an annually held MineCon convention dedicated to the game that was held by the developer company Mojang.īut this has since been turned into a virtual live stream event for fans all over the world. In fact, they’ve even been named one of the greatest videogames of all time by dozens of video game journalists and websites. Minecraft has received near universal acclaim. Then turning these into tools, items, and eventually things like buildings and other forms of infrastructure. The true beauty behind the game is the creativity that players can use by mining the world for raw materials. Both of which can be played either alone or with other players around the world. There are several different game modes that players can play survival mode and creative mode. Some other popular games that have elements of procedural generation are Elder Scrolls, Roblox, and Borderlands. Which means the world is algorithmically created as players interact with it.
The actual term for this type of game is a procedurally-generated game. Then players can truly decide how they want to interact with the game and other players as well. It’s the opposite of a linear storyline in that the world is basically open-ended. But what kind of game is Minecraft? To be honest, there’s no real goal of the game itself.
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