Immersive cyberspaces are no more the stuff of science fiction but rather a fact of life. The metaverse is a network of virtual 3D worlds powered by a digital economy and utilizing cutting-edge technology such as virtual reality (VR) and augmented reality (AR). The metaverse is commonly considered to be the next evolutionary step for humanity. Still, a precise definition has yet to be developed. Facebook’s recent investment of USD 10 billion in its metaverse has sparked a wave of interest in the subject. It’s not just Facebook (renamed Meta) that’s competing with the metaverse.

We’ll look at some of the most promising Metaverse technologies in the following.

1.   Decentraland

Argentines Ari Meilich and Esteban Ordano founded Decentraland, an open-source virtual world platform, in 2015. Digital Land was priced at $20 and MANA, the platform’s cryptocurrency, at $0.02 when it launched in 2017. The Decentraland Foundation is in charge of the platform, which went live to the public in February. In the Metaverse, Decentraland is one of the earliest platforms and has previously worked with Samsung and the Australian Open (AO).

One-layer metaverse platform Decentraland is split into equal grids. Every coordinate is referred to as LAND. As there is a limited land supply, Decentraland DAO can develop additional land for the community.

3D models can be placed in Decentraland utilizing a drag and drop construction tool. Decentraland has an SDK tool for professionals that may be used to create interactive content: Decentraland allows users to import 3D models and develop complex apps, games, and animations.

Having Minecraft around is a comfort in an age where virtual reality, augmented reality, and GPS-modified triangulation are all the rage. This appears to be a game. However, it is a way of life, and that will not change. Even though Minecraft is not a game in the traditional sense, it does offer some excellent opportunities for progression, which makes this “game” in particular a bit of an outlier; a squarish peg that fits in a roundish hole that just so happens to kind of work. It still looks great after all these years and tells an inspiring tale of the perseverance and dedication required to achieve your dreams. Minecraft’s metaverse should be based on user-generated material. The game’s “seed” map, which is taken from the system clock at the moment of world formation, allows players to participate in the development of the world.

2.   Minecraft

In a way, it resembles a visual blockchain in which users may properly date their encounters. Mojang, you’ve got this! Game tropes that we’ve come to adore, including multi-user dungeons: check! A survival mode has been activated! Avatars with a sense of humor are a given. “This is fully user-created.” As the new proprietors of Minecraft, Microsoft has been able to maintain the platform’s desire to keep the user front and center of the entire experience, even in this era of megacorporations. For them, it’s one of the best investments ever made. The metaverse places high importance on the user’s experience, which helps restore Minecraft’s original luster for new players.

3.   Microsoft Mesh

Microsoft Mesh gives us the chance to fall in love with our reflection, as Narcissus did. If you are looking for a metaverse that allows you to be in the same place at the same time with other people through mixed reality, then this is the place for you. This location might be any place. Metaverse customers that commute back to cities or start walking meetings from their home base have an increasing sense of the vibe, and enterprise AR is part of the no device/device opt-in/out. This is a testing ground powered by Microsoft Azure. Mesh is experiencing a significant research and development spike, which means anything can happen and generally does in a world with no laws and technically no world.

When it comes to producing digital facsimiles of ourselves and employing anything from volumetric capture to natural motion principles, Microsoft is driving this feeling of virtual collaboration across time zones. In 2022, the concept of mixed reality is fascinating to me because it allows us to do just that: combine our worlds. As soon as the pandemic is gone, we’ll be able to see people again, and we’ll be able to keep one foot in the actual world and the other in a fantasy world. As bizarre as it sounds, we can control the craziness from mixed reality. Isn’t it exciting?

4.   Unity

In the metaverse, you need also be familiar with Unity. In essence, it is a tool for developing and deploying three-dimensional interactive media in real-time. Additionally, this includes solutions that allow customers to generate and monetize content across various third-party content distribution channels. Over 2.5 billion people use Unity solutions every month, so it’s no surprise that U stock is gaining popularity among investors.

A lot of hope for the future has been expressed since Unity just published its fiscal year 2021 fourth quarter and full-year profit results. Full-year revenue for 2021 was $1.1 billion, up 44 percent from the year before. A 43 percent year-over-year increase in revenue put the company at $315.9 million in revenue, well above forecasts.

For the full year of 2022, Unity forecasts revenues of $1.5 billion. This is more than the $1.43 billion predicted by analysts. Overall, Unity appears to be heading in the right path, and the anticipation around the metaverse is likely to be a long-term benefit for the firm. Is U stock a top metaverse stock to keep an eye on due to these good sentiments?

5.   Autodesk

Finally, we’ll take a look at Autodesk. A design and services firm is what the company appears to be to those who have never heard of it. Its technological products and services provide customers with effective business solutions.

A building information modeling (BIM) program, the company’s Revit software allows architects to see their plans in 3D and exhibit them to clients. Plugins like Autodesk Rendering make it possible to turn this into a virtual reality experience. In the metaverse, such a technology would likely play a significant role.

Autodesk announced in January that it had acquired Moxion. This is a cloud-based digital dailies platform developed by filmmakers in New Zealand. Autodesk’s Media and Entertainment cloud platform will naturally benefit from the inclusion of Moxion’s expertise and technology. As a result, Autodesk will increase new users while also facilitating a more seamless workflow across the whole value chain of content creation. Is ADSK stock worth keeping an eye on for these reasons?