From virtual concerts and shopping to immersive gaming experiences, the metaverse is quickly becoming a hotbed of innovation. In the past few years, we’ve seen rapid growth in this space, as startups are leveraging new technologies to create interactive digital worlds that provide unique opportunities for entertainment and education. With so many exciting possibilities on the horizon, it’s no wonder that investors and entrepreneurs alike are eager to capitalize on the metaverse. Here are five startups to watch in 2023 that are pushing the boundaries of what’s possible in the virtual world:
High Fidelity:
Founded by Philip Rosedale, High Fidelity is a platform that enables users to create and explore their virtual worlds. It features an intuitive user interface, allowing anyone to easily build their environment from scratch or customize existing ones. The platform also offers an array of tools for game developers and content creators, giving them the ability to develop virtual experiences quickly and easily.
Sansar:
Formerly known as Project Sansar, this startup is focused on creating social VR experiences that are accessible from a variety of devices. They have built a platform that features powerful 3D graphics and allows users to create, explore, and interact with each other in virtual worlds. This platform is a great option for those looking to create virtual events or experiences.
VRChat:
VRChat is a social platform that allows users to chat, play games, and explore 3D environments with friends. The platform features an easy-to-use avatar system, allowing users to create their look and feel in virtual reality. VRChat also offers developers the ability to create their unique games and experiences using a powerful set of tools.
Decentraland:
This Ethereum-based platform allows users to build, explore, and monetize virtual reality applications without centralized control. Decentraland features a robust scripting language, allowing developers to create immersive 3D worlds that are powered by the blockchain. This platform is a great option for those looking to create virtual worlds that are owned and operated by the users themselves.
Somnium Space:
Somnium Space is a decentralized metaverse that allows users to own, explore, and monetize virtual reality applications without relying on centralized control. The platform features an advanced scripting language, allowing developers to create immersive 3D worlds powered by the blockchain. It also provides users with a marketplace for buying and selling virtual land, as well as tools for creating unique experiences within the metaverse.
