Top 5 Metaverse Startups To Watch Out In February

In recent years, the term “metaverse” has become very popular. It grew in popularity as a result of Facebook‘s rebranding as Meta. A significant amount of investment began to flow into the Metaverse as a number of tech titans began to show interest in it gradually. According to Dealroom, European metaverse startups have raised about $666 million so far in 2022, a significant increase from the $143 million raised in 2021.

Here are the top 5 Metaverse Startups to Watch out for in February

1. PlayersOnly

PlayersOnly is the first Web2 + Web3 sports ecosystem in the world. It enables interaction between athletes, teams, fans, and brands while fostering a global community. However, it starts with the social media platform that gives every athlete in the world a chance to excel by giving them a place to display their talents.

2. The Sandbox

The Sandbox is a virtual gaming world created by users in which players can create, own, and monetize their gaming experiences. It is comprised of three major components: a Voxel editor software (Voxedit), a Marketplace, and a Game Maker. Players can move their items between games while maintaining digital scarcity, security, and authenticity.

3. Hadean

Hadean operates an open platform for distributed cloud computing that claims to be capable of powering virtual worlds. From running virtual events to hosting networking conferences and accessing Web3 gaming experiences. However, the company provides the infrastructure required for creators to build and monetize metaverse experiences. It has formed alliances with the entertainment companies Sony and Minecraft.

4. Crucible

Crucible lives up to its name by enabling users to store all of their metaverse-related assets in one safe place. One of the startups in the metaverse uses WebVR to integrate VR technology into the regular web. Crucible emphasizes the value of a free metaverse that anyone can access in a variety of ways in addition to the aforementioned points.

5. Ikonz

Ikonz is a startup in the metaverse that provides a platform for creating wealth in this brand-new online space. It is working to use NFTs to introduce some of the most well-known icons and notable IPs to the metaverse. It is an expert at guiding users through the myriad challenges of metaverse upscaling and monetization.

Also Read: What Distinguishes Facebook Metaverse From Microsoft Metaverse?

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Sachin Goswami

Sachin is a writer and journalist with over three years of working experience with different major media houses. He is a fintech enthusiast who mainly reports on Web3, NFT, and Metaverse. When he is not working, you can find him reading thrillers and watching world cinema.

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