How Can I Buy Discord Stock Today

Have You Heard of Discord?

Discord is a platform that can be used for communicating over the Internet. Instant messaging would be the function that sees the most use. However, both voice calls and video calls are possible as well. What makes Discord special is its so-called servers, which are communities concentrated around chat rooms as well as chat channels. This feature has enabled it to expand by leaps and by bounds, with the result that it boasted more than 140 million users who were active on a monthly basis as of December of 2020. Something that happens to be rather impressive considering that Discord started up in May of 2015.

What Is One Reason You Should Be Interested in Discord?

The size of the user base is very important for Discord as well as its counterparts. After all, more users mean more potential revenues. However, user loyalty is an important consideration as well. Simply put, if a user isn't loyal to a particular platform, they won't hesitate to move on to something else if they believe the latter to be better-suited for their particular needs and preferences. Discord has a critical advantage in this regard because of its emphasis on community-building. Social bonds have an extremely powerful effect on people even when they are formed over the Internet rather than in real life. As a result, it doesn't matter if Discord's users are loyal to the platform so long as they are loyal to the communities that they participate in. Thanks to this, said user base should have more staying power than a lot of its counterparts, which is a real concern when such services come and go on a regular basis.

What Is Another Reason You Should Be Interested in Discord?

Of course, a huge user base means very little from an investment perspective unless it can be monetized in some manner. Currently, Discord is still in the process of coming up with monetization methods. Its platform itself will remain available to interested individuals free of charge, which makes sense because that helps to build up the user base. Similarly, the platform's core features will always be available, which makes sense because that will enable it to avoid alienating its existing users. However, the people behind Discord have already tested out monetization methods such as additional paid features for users, additional paid features for servers, and digital stickers. They are far from having exhausted their options in this regard, so provided that they remain true to their promises, it seems reasonable to say that Discord will continue to improve in this regard. It hasn't released much information about its earnings to the public, but its confirmation of another $100 million raised as funds in December of 2020 suggests that there is some basis for optimism.

Can You Even Buy Discord Stock?

There is no way to buy Discord stock at the moment. However, this is definitely one of those companies that interested individuals will want to keep a close eye on. Previously, it was revealed that Microsoft as well as other corporations were involved in talks to buy out Discord, which fell through when the latter walked away. This suggests that it is interested in striking out on its own. Something that could very well come with an IPO at some point in the future. In any case, independence isn't necessarily a bad idea for the company. Yes, it means that it won't be backed by the full resources of a tech mega-corporation. In exchange, Discord can maintain its own identity while avoiding any potential anti-trust issues brought on by mounting concerns over the high degree of consolidation in the tech industry.