Global Companies Cuilding Up The Metaverse And Their Role
Building the metaverse is going to take time and effort. The trend of metaverse heavy development has picked up, tech giants like Google and Meta platforms that complement the metaverse have begun their own developments.
Building the metaverse requires the content and the technology to connect, similar to creating the internet. These companies are Google, Meta, Microsoft and Binance.
Meta has ownership of metaverse elements. With Facebook, Instagram and Oculus VR all under its brand. Some of their metaverse project developments include:
- VR Messaging- connecting users in an immersive way
- Project Cambria- a VR headset compatible with the Oculus Quest VR world
- Horizon Marketplace- a place where buyers, sellers and creators can exchange digital goods
Google CEO Sundar Pichai in a Bloomberg interview explained the metaverse as an evolving computing in an immersive way with augmented reality. Google has experience with augmented reality, Google Glass product and Project Starline holographic video conferencing.
The Mesh for Teams software realising in 2022 is the primary offering on Microsoft for the metaverse, available on standard devices and VR headsets to create a persistent virtual office experience which aekes a virtual avatar to act as your digital identity.
Binance provides necessary infrastructure due to importance of crypto and blockchain whereby the metaverse is allowing new financial systems and processes to be created. For example Binance NFT Marketplace creates a place for buyers and sellers to trade virtual asset NFTs from multiple blockchains. Furthermore Binance exchange creates liquid markets for metaverse token pairs which helps support the industry growth
One of the most developed metaverse platforms, with a vast social platform and virtual world with over 350 million players. On the metaverse Epic wants to make 3D, AR and VR content more accessible and grow the creator ecosystem. Thus anyone can create professional 3D Content and help improve the quality of the metaverse experience.