Businesses continue to get involved in the Metaverse at an increasingly rapid rate, whether that be traditional wWeb2 businesses investing heavily into the Web3 space or companies that have their own business operating within the Metaverse.
In this article, we'll dive into the top ten metaverse companies, including metaverse stocks, virtual worlds, and why the Metaverse isn't just virtual reality. Let's get into it!
Metaverse Stocks: Web2 Companies Investing In The Metaverse
The Metaverse isn't just filled with cool virtual worlds and digital assets worth millions; it's also filled with web2 businesses competing for their share of the metaverse pie.
Here are four publicly traded Web2 that are working to build market share in the world of Web3. If you're looking to get exposure to Web3, you can't go wrong with buying "metaverse" stocks.
NVIDIA is world renowned for developing GPU and producing high-quality technology for gaming and government hardware; they even build cryptocurrency mining rigs. Being world leaders in this field positions them perfectly for the unfolding metaverse boom that will continue over the next 5-10 years.
With metaverse ambitions reaching for the moon, someone will need to build the advanced GPUs to make those dreams into a reality. Not only that, NVIDIA is currently building their Omniverse tool, a developmental platform for 3D simulations and design; it'll also allow you to build realistic avatars for the Metaverse.
Shopify recently launched the Augmented reality and 3D shopping feature, which allows shop owners to design 3D AR versions of their products. Having also just partnered with Poplar Studio, an AR platform, they plan to offer this service to business owners for $49 per month.
Shopify has also begun beta testing its own NFT marketplace. They have some serious competition with Meta, which is testing the same thing for their own metaverse platform.
Nike has been making waves recently within the NFT and metaverse space. They've recently acquired a digital sneaker design studio RTFKT, founded back in 2020, just prior to the Metaverse boom. Nike also has virtual show stores within the Roblox metaverse called Nikeland; the incredibly popular stories see a footfall of over 7 million people from 200 countries.
4) Match Group
Match group is the parent company of Tinder and March.com, two of the world's largest dating apps.
The company is testing our digital environments across many Asian college campuses for singles to meet up in the Metaverse and get to know one another. This adds an extra layer of immersion to online dating and is so far proving successful in their initial testing.
If you'd like to learn more about companies investing heavily in the Metaverse, check out our article: Top 10 Companies Investing In The Metaverse.
Virtual Reality-Based Metaverse Companies
Decentraland is rightly the largest and original metaverse project before the hype really took off. This metaverse crypto project has recorded world-breaking digital land sales and offers investors some of the most sought-after digital lands on the market. The most expensive sale of virtual land sold for $3.2 million. Each plot is called a parcel of LAND and can be measured to be 52x52 in feet.
Sandbox is most known for its user-friendly world and ability to make anyone a metaverse renowned digital creator thanks to its simple-to-use VoxEdit interface. The VoxEdit interface allows you to build your own in-game assets, and their other tool, Game Maker, makes it easy to develop 3D games within the Sandbox world.
The zero-coding experience is what pushes most people away, but thanks to Sandbox and its helpful tools, this will onboard millions of people into experiencing and building within the Metaverse.
Starlink is a game based in the far future and involves traveling the galaxy, battling other players using your spaceship, and trading with galactic merchants.
This metaverse crypto project is built using Epic Games' Unreal Engine 5, one of the leaders in the industry for Metaverse, high-quality gaming.
The Starlink metaverse is currently under development, but you can currently purchase your Starlink NFTs on the OpenSea marketplace.
8) Star Atlas
Another ambitious metaverse game would have to be Star Atlas, a direct competitor to StarLink. Both of these games are like EVE online; if you're an avid gamer, you'll know what I'm talking about.
Well, Star Atlas is the P2E version of that and is one of the most exciting games to come out of the metaverse boom. The Metaverse is being built on the Solana network, the fasted and most reliable in the web3 ecosystem.
The same type of game as StarLink; its objective is to conquer, dominate and hoard your wealth. You'll have the ability to buy digital assets such as land, ships, and equipment to succeed in building your own digital galactic empire.
If you want to learn more about these Metaverse crypto projects, check out our article: Digital Real Estate Investing: Top Five Metaverse Projects (2022 List)
Metaverse Companies Aren't Just Virtual Worlds
We touched slightly on RTFKT, which has been recently acquired by Nike to help enhance their metaverse exposure. The digital sneaker studio was founded back in 2020 and has gained massive popularity prior to Nike buying them out.
The Studio designs mainly sneakers but also creators cool avatars, clothes, and digital rooms. The idea is that you buy these assets, and they'll appear on your body by using filters on apps like Snapchat to view your completed look.
If you want to check out RTFKT more, head on over to their website.
Not to be confused with us here at Parcl, Parcel is a virtual land NFT marketplace that allows investors to buy metaverse land on one platform. Parcel currently allows users to buy from Decentraland, The Sandbox, Voxels, Somnium Space, Mona, and NFT Worlds, with plans to expand into more metaverse projects and networks.