The Metaverse brings high potential for companies and brands to create virtual experiences and engagements previously not possible. We are still early in the technology trend, but in the first half of 2022, more than $120 billion have been invested in building our metaverse technologies and infrastructure. Everything from immersive social interactions, to NFT VR experiences, companies such as Facebook (now Meta) are racing to develop ecosystems and aggresively courting companies to build into their metaverse.
If your metaverse is looking to expand or align your brand partnership, this is the definitive list as independently reviewed by investors, analysts and developers. We took into consideration who is investing into research and development technologies in the metaverse, and building ecosystem potential crossing from the digital space into the real world. All information and due diligence is crowdsourced from our Crowdcreate network
How do you Build in the Metaverse?
Building in the Metaverse can be an exciting and rewarding experience. It is a whole new world that is constantly changing and expanding. With the Metaverse, you no longer have to worry about not being able to find a place to build, because there are a ton of places to build. There are also a lot of ways to build in the Metaverse. You can build in a lot of different ways and with a lot of different pieces. The Metaverse is constantly changing, so there is always something new to build.
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Are you a company trying to enter the metaverse? Do you need strategic brand partnerships to be a part of your metaverse? We’ve helped connect metaverse projects with strategic companies and investors.Book a meeting with our team to learn how Crowdcreate can connect you with your companies or investors who are interested in the metaverse
Frequently Asked Questions about the Metaverse
These companies share their expert insights on many of the most frequently asked questions in the industry.
Which companies are developing in the Metaverse?
What is the Metaverse?
How can companies build in the Metaverse?
Who are the Big Players in the Metaverse?
How can I invest in the Metaverse?
What are the top Metaverse startups?
Top Companies Building in the Metaverse
Sundar Pichai, the CEO of Google, described the metaverse as “evolving computing in an immersive way with augmented reality.” in a Bloomberg interview. The company has invested $39.5 million in a private equity fund for all metaverse projects it will partner with. According to a Taiwan News story, Foxconn is one of the companies that will collaborate with Google to develop software and hardware for augmented reality.
Give individuals the power to establish community and bring the globe closer together,” says Meta. Even changing its name from Facebook to Meta indicated the company’s dedication to the topic, with Instagram, Facebook, and Oculus VR all under the brand. With regard to the development of large-scale metaverses, Facebook has been a prominent voice.
The $70 billion deal is Microsoft’s biggest ever and will allow the company to develop Microsoft-backed games and software within the metaverse in the coming years.
NFTs are the bridge to the metaverse, they help facilitate identity, community and social experiences in the metaverse. To get started use the Binance NFT Marketplace to discover, collect and trade unique NFT assets and traverse the metaverse. You can use metaverse tokens to purchase in-world products and services.
How will VR and AR impact the Metaverse?
VR and AR will continue to transform how people interact with the Metaverse. The Metaverse is a virtual reality that is created and shared by many people. It is created in the form of a shared environment, which is an array of digital assets that can be interacted with by anyone. Virtual reality is a computer-generated simulation of an environment, while augmented reality is an environment that is enhanced with digital content.
Epic Games raises $2bn to grow metaverse efforts
Game developer and publisher Epic Games has announced a $2bn (~£1.5bn) round of financing involving Sony Group Corporation and KIRKBI.
Epic Games said the financial injection will be used to support the company’s growth, and help advance its vision to build the metaverse.
The metaverse is an amalgamation of virtual reality and augmented reality where users live within a digital universe that extends beyond our physical universe. Decentraland is the first-ever blockchain-powered place in the metaverse, which was launched in February 2020
The Sandbox refers to a metaverse platform that became publicly available in 2021, which provides users with the opportunity to participate in play-to-earn games, purchase land, collect its cryptocurrency token SAND, and have a say in the platform’s operations.
Tencent is a clear winner in China’s metaverse play given its strength in gaming and media content. … This year it will focus on making its games more interactive,” said Chai. Tencent leads China’s gaming market, holding a 43% market share in 2020, according to Niko Partners.
How can I invest in the Metaverse?
Investing Directly In The Metaverse
- Buying Metaverse Land. One option is buying real estate in Metaverse projects including The Sandbox, Decentraland,
- Buying NFTs. Non-fungible tokens (NFTs) are another way to participate in the Metaverse.
- Starting a Business That Operates In The Metaverse.
Want to Get Connected to this List?
Crowdcreate is a leading crypto, NFT, web3, and metaverse marketing agency that’s helped some of the top projects in crypto create buzz, grow a digital community, and connect with influencers & investors. We’ve been called one of the best agencies in the world because we have the track record and case studies to prove it. Learn more how we can help you.
With sales growth trending in the mid-40% range, Snap also ranks among the top growth stocks in the market. The company’s vision sets it apart from the metaverse crowd: computing overlaid on the world to augment reality rather than the world subjugated to the computing of virtual realities.
Part of its appeal is that Roblox features many games within its platform, and several of them offer virtual worlds (the metaverse) where users can interact with one another. Millions of children are socializing in Roblox without ever leaving their homes.
That brings us to Unity Technologies (U), a company that we first covered as one of the best ways to invest in virtual reality. But here’s the thing: there’s virtual reality, augmented reality, mixed reality, and extended reality. In reality, the metaverse is co-opting all of these concepts.
Apple’s products are used by billions of users around the world, which means that it has an existing ecosystem that could naturally adopt its metaverse-related offerings.
Nvidia’s Omniverse is a precursor for the open metaverse, a universe of virtual worlds that are interconnected, like in novels such as Snow Crash and Ready Player One. And it is rapidly moving beyond science fiction into the realm of industrial applications.
As part of the Metaverse OG’s collection, adidas Originals joined the swamp club, purchasing ape #8774, and created NFT products for them to wear.
Amazon on Tuesday launched “AWS Cloud Quest,” an online role-playing game that aims to help people build cloud-computing skills. Users navigate a virtual city, helping its denizens solve IT issues related to the cloud while earning points for completing simulations and puzzles.
Nikeland, which is the sporting goods brand’s micro metaverse built in Roblox, has attracted 6.7 million people from 224 countries since its launch in November. The space allows users to try on virtual products in addition to playing to the strengths of Roblox as a platform with games such as dodgeball.
Valve CEO says Metaverse is just hyping up technology we already have. Valve President calls metaverse a problem that was solved a decade ago. Gabe Newell, the co-founder and CEO of Valve Corporation, the company that gave us iconic games like Half-Life and Portal, does not believe in the hype around the metaverse.
Magic Leap 2 has a dynamic dimming technology that helps digital content stand out against the real world by dimming parts of the user’s vision to near darkness. This seamless transition from AR to VR is a feature that can be very useful in the metaverse.
Watch Our Metaverse Insights Videos
Is Facebook Building a Metaverse?
Facebook takes a step toward building the metaverse, opens virtual world app to everyone in U.S. Facebook on Thursday announced that it is opening up Horizon Worlds, its virtual reality world of avatars, to anyone 18 and older in the U.S. and Canada.
Want to Get Connected to this List?
Crowdcreate is a leading crypto, NFT, web3, and metaverse marketing agency that’s helped some of the top projects in crypto create buzz, grow a digital community, and connect with influencers & investors. We’ve been called one of the best agencies in the world because we have the track record and case studies to prove it. Learn more how we can help you.
Why Are Companies Getting Involved in the Metaverse?
Today, companies are getting involved in the Metaverse because they can see a huge opportunity to make money. Companies have invested heavily in creating their own virtual worlds, and they have also started buying out smaller companies to increase their presence. Companies like Amazon, Facebook, Microsoft, and Google have all created their own virtual worlds. This has given them a competitive edge over the other companies in the market. The Metaverse is an open-ended platform for people to share content with each other and communicate with others in a virtual space. It is important for companies to get involved in the Metaverse because it is a massive opportunity that will only continue to grow.
Have More Questions About the Metaverse?
The Metaverse is a complex technology that requires you to understand what are the most popular platforms to build on, the backend technology of rendering virtual environments, and also how to get your NFT properly promoted. We recommend you hire Metaverse experts that can help you.
Hire Metaverse Advisors & Consultants
Our team of Metaverse Consultants & Advisors at Crowdcreate can help you navigate your Web3 marketing strategy. Watch our Metaverse marketing case study with The Sandbox as well. Contact our team and let us help.
