Decentraland is a virtual reality platform that utilises blockchain technology to create a decentralised and immersive online world. Opened to the public in February 2020, Decentraland uses the Ethereum blockchain, which allows for secure and transparent transactions within the virtual world.
Users can access the platform by connecting to a crypto wallet and can create 3D static scenes, engage in interactive gaming experiences and lease or rent out their virtual lands. Decentraland is also the first to add an immersive component to its software within the Web3 landscape.
7: Tencent
Tencent is a world-leading internet and technology company that develops innovative products and services. Founded in 1998 in China, the company’s guiding principle is to use technology for good, publishing some of the world’s most popular video games and other high-quality digital content.
In July 2023, it was reported that Tencent had entered a Memorandum of Understanding (MoU) with Morpheus Labs to cooperate on efforts to drive Web3 gaming and metaverse innovation and promote the development of the Web3 ecosystem. It aims to allow Web3 builders to create innovative gaming experiences for players.
6: AWS
AWS views the industrial metaverse as transforming understandings over people’s relationship to the digital world. With Industrial Metaverse solutions on AWS in particular, users can incorporate AR and VR to provide a more realistic and immersive representation of a physical entity.
According to AWS, these solutions can help improve decision-making, collaboration and remote monitoring and maintenance. Its purpose-built cloud products include AWS IoT TwinMaker to optimise operations with digital twins, as well as AWS SimSpace Weaver that enables the building of large-scale spatial simulations.
5: NVIDIA
NVIDIA continues to have a wide range of products and services within the technology sector. The company remains one of the world’s leading graphics processing unit (GPU) developers and AI computing leaders and the metaverse’s largest investors as it continues to pioneer developments in GPUs for consoles, laptops and PCs with a wide range of use cases.
The company’s Omniverse platform also offers a wide range of tools and features to make it easy for users to create and customise their own virtual worlds and experiences. Its growing community of developers and creators are working to build and experiment with new ways to use the platform.