Web3 Metaverse

Web3 Metaverse

Top 10 Metaverse Development Tools

stylized VS for Vijay Sundar

Vijay S

By: Vijay S

Tuesday, December 17, 2024

Dec 17, 2024

9 min read

9 min

metaverse headset wearer
metaverse headset wearer
metaverse headset wearer

Metaverse is a transformative technology that could have a significant impact on future entertainment, education, and even work. The term was popularized by the science-fiction novel ‘Snow Crash’, which depicted a collective digital space where people could interact with each other through their digital avatars. It has since been co-opted by both web2 and web3 companies offering a wide variety of services. But, the essence of the metaverse is to offer an immersive experience in the digital space where users can participate in various activities. 

History of the Metaverse and Other Virtual Worlds

The first attempts at metaverse development came in the mid-90s when a project called ‘Active Worlds’ was launched. Developed by a Massachusetts-based company, the service allowed users to assign themselves a name and log into the Active Worlds universe to explore the 3D virtual worlds that were built by other users. Each user paid an yearly citizenship fee of $19.95 to gain access to the virtual world. Active Worlds continues to remain live to this day, however, it never gained mass adoption and remains a niche product.

The first mass market metaverse technology breakthrough happened in 2003 with the launch of Second Life, which is often regarded as the first true metaverse. It allowed users to create avatars for immersive virtual characters, build virtual properties, and engage in a user-driven economy. By combining elements of social media with 3D environments, it enabled more engaging interaction among users. Second Life quickly gained popularity and reached mass adoption. By 2013, Second Life had over a million active users and an estimated GDP of $500 million, which was higher than several small countries. 

 The trend continued with other services like Roblox gaining even larger mainstream adoption in the coming years. As of Dec 2024, Roblox has nearly 80 million daily active users and 380 million daily monthly users and has become one of the biggest gaming platforms in the world. 

Check out how Gather is harnessing metaverse development tools to build virtual environments for work that facilitate in-person like virtual meetings and augmented reality.


Metaverse and Web3

The creation of blockchain technology and smart contracts allowed web3 to create metaverses that are decentralized and censorship-resistant. While there are many metaverses in web3, the three most successful ones are Sandbox, Axie Infinity, and Decentraland. All three of these projects were extremely popular during the previous bull run and boasted tens of thousands of daily active users, who created and maintained an entirely user-driven economic model. 

Like most other crypto projects, all three metaverse projects have their own token which underpinned the economic activity on their ecosystem. Sandbox has SAND, Axie Infinity has Axie, and Decentraland has MANA. All these tokens reached billions of dollars in market cap in late 2021 and early 2022. However, they witnessed a sharp fall in user activity and market cap during the bear market of 2023-2024.

Sandbox Land and Asset trading volume over time (Source: Dune)

Building the Web3 Metaverse

Building a metaverse is an extremely difficult task even with centralized technology. Doing so on decentralized blockchains can be doubly complicated. Blockchains bring additional issues like gas fees, wallets, and reduced performance compared to centralized solutions. This is one of the reasons why web3 metaverse has been largely restricted to the web3 native audience and have so far failed to reach the mainstream audience. 

Despite such challenges, metaverse builders are continuing to create new and interesting products that are designed to make them more immersive, fun, as well as easily accessible. Parallelly, metaverse tools for building these products have also grown in number and use cases in the past three years. 

Top Metaverse Development Tools

In the past 3 years, several tooling solutions have been launched that are designed to provide today’s metaverse builders turn-key solutions to greatly improve their experience. Be it a developer building the metaverse or a user creating a product within an existing a metaverse engine, both of them have access to a variety of tools that could benefit their creative works. In the next section, let's look at the top metaverse development tools that are currently available in the market.

Genies 

Genies is a metaverse development company that specializes in creating customizable digital avatars, virtual assets and experiences. Genies offers a service called Smart Avatars which are highly customizable digital representations of users. The platform also offers users the ability to host their own events on the metaverse using the virtual parties feature. The platform is primarily aimed at Gen Z and Gen A audience but it can be used to customise the experience for everyone.

reNFT

reNFT is a rental infrastructure platform that allows developers to build marketplaces on top of their infrastructure. The platform can be used as a fully white-label solution and any developer can seamlessly integrate the protocol into their project while keeping the project’s front-end interface. reNFT can be integrated into both protocols and web3 games and it could greatly simplify the process of creating a marketplace for other metaverse developers.  The protocol is chain agnostic and aims to support all major chains. However, it currently supports Ethereum, Polygon, and Avalanche C-Chain. 

Helix Plan

Helix Plan is a real-time planning tool with the ability to track work, time spent, and overall progress across a mix of development methodologies. While this is not directly a development tool, it can still play a crucial role in making sure the development process progresses smoothly. It can help a developer make decisions through a variety of features like providing an overview of product backlog, quality assurance and planning views, and a dashboard with real-time data for project burndowns. 

OMI Group

OMI stands for Open Metaverse Interoperability. It’s a metaverse development tool and an open-source project focused on developing interoperable technology for the metaverse. The organization aims to improve the metaverse as an open and interoperable ecosystem that emphasizes privacy, accessibility, and community-driven development. To achieve this, OMIGroup focuses on developing an open 3D file standard that would be compatible with different metaverse ecosystems.  

OMI Group has already developed several demo projects showcasing their technology. This includes GLTF Extensions Booth, a virtual space highlighting the various extensions OMI has implemented so far. 

Colyseus Arena

Colyseus is an open-source multiplayer game framework that provides a turn-key server solution for metaverse game developers. It provides developers with the tools necessary to create game servers that are secure and scalable and simplifies their game creation process. Colyseus comes with several features that can be extremely useful to game developers like automatic state synchronization, dynamic room management, scalability, authoritative server model, and JavaScript ecosystem integration.

The framework has over 80 contributors and has already been downloaded over 750,000 times with nearly 6,000 stars on Github. In addition to the open source option, the project also offers a paid service where Colyseus will deploy the game on their own cloud server with unlimited bandwidth and manage the SSL certificates on their end. The cost of this service starts at $15/month. Overall, it’s a power tool for developers who are looking to create a real-time multiplayer experience. 

LYNC 

LYNC is a mobile-centric Layer 2 chain designed to empower metaverse development with a native toolkit and enable developers to build on-chain products. Lync aims to simplify the process through which metaverse projects and other virtual worlds can be deployed on mobile devices. The project believes its services could cut development time by 90% and reduce development costs significantly. It streamlines the development process by offering tailored solutions for mobile environments including account abstraction SDK, Metamask wallet SDK, OKX wallet integration, in-game marketplace SDK, NFT fetcher, Telegram mini app deployment, and many more. 

JanusXR

JanusXR is a platform that transforms traditional web content into immersive 3D spaces in the same metaverse technology. This allows users to meet, explore, and interact in a virtual environment. The idea behind the project is to replace normal web2 content into a more interactive cyberspace using interactive VR devices like Oculus. It aims to redefine digital interaction by making web surfing a more immersive experience.

Janus is also a founding member of the Virtual Reality Blockchain Alliance, a consortium of organizations that are working to bridge content between different metaverses. It provides several tools like Unity to JanusXR, Unreal Engine to JanusXR, Maya to JanusXR that makes it easy to port content to its native format.

Decentraland SDK

For developers who are planning to create digital assets in the Decentraland metaverse, there is no better tool than the Decentraland SDK. This tool is specifically designed for content creators on the platform and allows developers to create an immersive experience using TypeScript language. Some of the key features of the kit include Visual Studio code integration, asset management, large collection of utilities library, and a mechanism for adding interactivity. 

WebXR 

WebXR is a metaverse development tool that enables the development of Virtual Reality and Augmented Reality experiences in the metaverse. It provides developers with tools that handle device and session management, rendering, event handling, and distinguishing between inline session and VR sessions. The framework can be used to create 360° 3D video experience, interactive visualization, and even home shopping applications that will allow developers to create engaging virtual worlds and interactive environments. WebXR also supports most of the major mixed reality headsets on the market. 

Hologram Virtual Reality

Hologram is a platform that provides tools to integrate 2D and 3D assets into the metaverse. Users can turn their static PFPs into animated avatars, while content creators can create and sell memorable mascots. The service contains three major components:

  • Extension, that allows users to turn their PFP into their avatar for virtual meetings calls like Google Meet, Discord, and Slack.

  • Studio, which allows users to chat and stream as holograms on any platform.

  • Creator, which allows users to create collections of augmented reality and virtual reality digital assets.

Since the platform is built on open formats and open standards, it also allows metaverse interoperability.  

Conclusion

The web3 metaverse is still in its infancy and therefore it goes through periods of high and low activity depending on the market cycle. However, there is no denying the overall potential of this sector and its ability to impact the lives of people within web3 and beyond. The sharp increase in the number of metaverse tools available for builders will likely bring more developers to this space and help create the first web3 metaverse that could rival its web2 counterparts. 


Metaverse is a transformative technology that could have a significant impact on future entertainment, education, and even work. The term was popularized by the science-fiction novel ‘Snow Crash’, which depicted a collective digital space where people could interact with each other through their digital avatars. It has since been co-opted by both web2 and web3 companies offering a wide variety of services. But, the essence of the metaverse is to offer an immersive experience in the digital space where users can participate in various activities. 

History of the Metaverse and Other Virtual Worlds

The first attempts at metaverse development came in the mid-90s when a project called ‘Active Worlds’ was launched. Developed by a Massachusetts-based company, the service allowed users to assign themselves a name and log into the Active Worlds universe to explore the 3D virtual worlds that were built by other users. Each user paid an yearly citizenship fee of $19.95 to gain access to the virtual world. Active Worlds continues to remain live to this day, however, it never gained mass adoption and remains a niche product.

The first mass market metaverse technology breakthrough happened in 2003 with the launch of Second Life, which is often regarded as the first true metaverse. It allowed users to create avatars for immersive virtual characters, build virtual properties, and engage in a user-driven economy. By combining elements of social media with 3D environments, it enabled more engaging interaction among users. Second Life quickly gained popularity and reached mass adoption. By 2013, Second Life had over a million active users and an estimated GDP of $500 million, which was higher than several small countries. 

 The trend continued with other services like Roblox gaining even larger mainstream adoption in the coming years. As of Dec 2024, Roblox has nearly 80 million daily active users and 380 million daily monthly users and has become one of the biggest gaming platforms in the world. 

Check out how Gather is harnessing metaverse development tools to build virtual environments for work that facilitate in-person like virtual meetings and augmented reality.


Metaverse and Web3

The creation of blockchain technology and smart contracts allowed web3 to create metaverses that are decentralized and censorship-resistant. While there are many metaverses in web3, the three most successful ones are Sandbox, Axie Infinity, and Decentraland. All three of these projects were extremely popular during the previous bull run and boasted tens of thousands of daily active users, who created and maintained an entirely user-driven economic model. 

Like most other crypto projects, all three metaverse projects have their own token which underpinned the economic activity on their ecosystem. Sandbox has SAND, Axie Infinity has Axie, and Decentraland has MANA. All these tokens reached billions of dollars in market cap in late 2021 and early 2022. However, they witnessed a sharp fall in user activity and market cap during the bear market of 2023-2024.

Sandbox Land and Asset trading volume over time (Source: Dune)

Building the Web3 Metaverse

Building a metaverse is an extremely difficult task even with centralized technology. Doing so on decentralized blockchains can be doubly complicated. Blockchains bring additional issues like gas fees, wallets, and reduced performance compared to centralized solutions. This is one of the reasons why web3 metaverse has been largely restricted to the web3 native audience and have so far failed to reach the mainstream audience. 

Despite such challenges, metaverse builders are continuing to create new and interesting products that are designed to make them more immersive, fun, as well as easily accessible. Parallelly, metaverse tools for building these products have also grown in number and use cases in the past three years. 

Top Metaverse Development Tools

In the past 3 years, several tooling solutions have been launched that are designed to provide today’s metaverse builders turn-key solutions to greatly improve their experience. Be it a developer building the metaverse or a user creating a product within an existing a metaverse engine, both of them have access to a variety of tools that could benefit their creative works. In the next section, let's look at the top metaverse development tools that are currently available in the market.

Genies 

Genies is a metaverse development company that specializes in creating customizable digital avatars, virtual assets and experiences. Genies offers a service called Smart Avatars which are highly customizable digital representations of users. The platform also offers users the ability to host their own events on the metaverse using the virtual parties feature. The platform is primarily aimed at Gen Z and Gen A audience but it can be used to customise the experience for everyone.

reNFT

reNFT is a rental infrastructure platform that allows developers to build marketplaces on top of their infrastructure. The platform can be used as a fully white-label solution and any developer can seamlessly integrate the protocol into their project while keeping the project’s front-end interface. reNFT can be integrated into both protocols and web3 games and it could greatly simplify the process of creating a marketplace for other metaverse developers.  The protocol is chain agnostic and aims to support all major chains. However, it currently supports Ethereum, Polygon, and Avalanche C-Chain. 

Helix Plan

Helix Plan is a real-time planning tool with the ability to track work, time spent, and overall progress across a mix of development methodologies. While this is not directly a development tool, it can still play a crucial role in making sure the development process progresses smoothly. It can help a developer make decisions through a variety of features like providing an overview of product backlog, quality assurance and planning views, and a dashboard with real-time data for project burndowns. 

OMI Group

OMI stands for Open Metaverse Interoperability. It’s a metaverse development tool and an open-source project focused on developing interoperable technology for the metaverse. The organization aims to improve the metaverse as an open and interoperable ecosystem that emphasizes privacy, accessibility, and community-driven development. To achieve this, OMIGroup focuses on developing an open 3D file standard that would be compatible with different metaverse ecosystems.  

OMI Group has already developed several demo projects showcasing their technology. This includes GLTF Extensions Booth, a virtual space highlighting the various extensions OMI has implemented so far. 

Colyseus Arena

Colyseus is an open-source multiplayer game framework that provides a turn-key server solution for metaverse game developers. It provides developers with the tools necessary to create game servers that are secure and scalable and simplifies their game creation process. Colyseus comes with several features that can be extremely useful to game developers like automatic state synchronization, dynamic room management, scalability, authoritative server model, and JavaScript ecosystem integration.

The framework has over 80 contributors and has already been downloaded over 750,000 times with nearly 6,000 stars on Github. In addition to the open source option, the project also offers a paid service where Colyseus will deploy the game on their own cloud server with unlimited bandwidth and manage the SSL certificates on their end. The cost of this service starts at $15/month. Overall, it’s a power tool for developers who are looking to create a real-time multiplayer experience. 

LYNC 

LYNC is a mobile-centric Layer 2 chain designed to empower metaverse development with a native toolkit and enable developers to build on-chain products. Lync aims to simplify the process through which metaverse projects and other virtual worlds can be deployed on mobile devices. The project believes its services could cut development time by 90% and reduce development costs significantly. It streamlines the development process by offering tailored solutions for mobile environments including account abstraction SDK, Metamask wallet SDK, OKX wallet integration, in-game marketplace SDK, NFT fetcher, Telegram mini app deployment, and many more. 

JanusXR

JanusXR is a platform that transforms traditional web content into immersive 3D spaces in the same metaverse technology. This allows users to meet, explore, and interact in a virtual environment. The idea behind the project is to replace normal web2 content into a more interactive cyberspace using interactive VR devices like Oculus. It aims to redefine digital interaction by making web surfing a more immersive experience.

Janus is also a founding member of the Virtual Reality Blockchain Alliance, a consortium of organizations that are working to bridge content between different metaverses. It provides several tools like Unity to JanusXR, Unreal Engine to JanusXR, Maya to JanusXR that makes it easy to port content to its native format.

Decentraland SDK

For developers who are planning to create digital assets in the Decentraland metaverse, there is no better tool than the Decentraland SDK. This tool is specifically designed for content creators on the platform and allows developers to create an immersive experience using TypeScript language. Some of the key features of the kit include Visual Studio code integration, asset management, large collection of utilities library, and a mechanism for adding interactivity. 

WebXR 

WebXR is a metaverse development tool that enables the development of Virtual Reality and Augmented Reality experiences in the metaverse. It provides developers with tools that handle device and session management, rendering, event handling, and distinguishing between inline session and VR sessions. The framework can be used to create 360° 3D video experience, interactive visualization, and even home shopping applications that will allow developers to create engaging virtual worlds and interactive environments. WebXR also supports most of the major mixed reality headsets on the market. 

Hologram Virtual Reality

Hologram is a platform that provides tools to integrate 2D and 3D assets into the metaverse. Users can turn their static PFPs into animated avatars, while content creators can create and sell memorable mascots. The service contains three major components:

  • Extension, that allows users to turn their PFP into their avatar for virtual meetings calls like Google Meet, Discord, and Slack.

  • Studio, which allows users to chat and stream as holograms on any platform.

  • Creator, which allows users to create collections of augmented reality and virtual reality digital assets.

Since the platform is built on open formats and open standards, it also allows metaverse interoperability.  

Conclusion

The web3 metaverse is still in its infancy and therefore it goes through periods of high and low activity depending on the market cycle. However, there is no denying the overall potential of this sector and its ability to impact the lives of people within web3 and beyond. The sharp increase in the number of metaverse tools available for builders will likely bring more developers to this space and help create the first web3 metaverse that could rival its web2 counterparts. 


Metaverse is a transformative technology that could have a significant impact on future entertainment, education, and even work. The term was popularized by the science-fiction novel ‘Snow Crash’, which depicted a collective digital space where people could interact with each other through their digital avatars. It has since been co-opted by both web2 and web3 companies offering a wide variety of services. But, the essence of the metaverse is to offer an immersive experience in the digital space where users can participate in various activities. 

History of the Metaverse and Other Virtual Worlds

The first attempts at metaverse development came in the mid-90s when a project called ‘Active Worlds’ was launched. Developed by a Massachusetts-based company, the service allowed users to assign themselves a name and log into the Active Worlds universe to explore the 3D virtual worlds that were built by other users. Each user paid an yearly citizenship fee of $19.95 to gain access to the virtual world. Active Worlds continues to remain live to this day, however, it never gained mass adoption and remains a niche product.

The first mass market metaverse technology breakthrough happened in 2003 with the launch of Second Life, which is often regarded as the first true metaverse. It allowed users to create avatars for immersive virtual characters, build virtual properties, and engage in a user-driven economy. By combining elements of social media with 3D environments, it enabled more engaging interaction among users. Second Life quickly gained popularity and reached mass adoption. By 2013, Second Life had over a million active users and an estimated GDP of $500 million, which was higher than several small countries. 

 The trend continued with other services like Roblox gaining even larger mainstream adoption in the coming years. As of Dec 2024, Roblox has nearly 80 million daily active users and 380 million daily monthly users and has become one of the biggest gaming platforms in the world. 

Check out how Gather is harnessing metaverse development tools to build virtual environments for work that facilitate in-person like virtual meetings and augmented reality.


Metaverse and Web3

The creation of blockchain technology and smart contracts allowed web3 to create metaverses that are decentralized and censorship-resistant. While there are many metaverses in web3, the three most successful ones are Sandbox, Axie Infinity, and Decentraland. All three of these projects were extremely popular during the previous bull run and boasted tens of thousands of daily active users, who created and maintained an entirely user-driven economic model. 

Like most other crypto projects, all three metaverse projects have their own token which underpinned the economic activity on their ecosystem. Sandbox has SAND, Axie Infinity has Axie, and Decentraland has MANA. All these tokens reached billions of dollars in market cap in late 2021 and early 2022. However, they witnessed a sharp fall in user activity and market cap during the bear market of 2023-2024.

Sandbox Land and Asset trading volume over time (Source: Dune)

Building the Web3 Metaverse

Building a metaverse is an extremely difficult task even with centralized technology. Doing so on decentralized blockchains can be doubly complicated. Blockchains bring additional issues like gas fees, wallets, and reduced performance compared to centralized solutions. This is one of the reasons why web3 metaverse has been largely restricted to the web3 native audience and have so far failed to reach the mainstream audience. 

Despite such challenges, metaverse builders are continuing to create new and interesting products that are designed to make them more immersive, fun, as well as easily accessible. Parallelly, metaverse tools for building these products have also grown in number and use cases in the past three years. 

Top Metaverse Development Tools

In the past 3 years, several tooling solutions have been launched that are designed to provide today’s metaverse builders turn-key solutions to greatly improve their experience. Be it a developer building the metaverse or a user creating a product within an existing a metaverse engine, both of them have access to a variety of tools that could benefit their creative works. In the next section, let's look at the top metaverse development tools that are currently available in the market.

Genies 

Genies is a metaverse development company that specializes in creating customizable digital avatars, virtual assets and experiences. Genies offers a service called Smart Avatars which are highly customizable digital representations of users. The platform also offers users the ability to host their own events on the metaverse using the virtual parties feature. The platform is primarily aimed at Gen Z and Gen A audience but it can be used to customise the experience for everyone.

reNFT

reNFT is a rental infrastructure platform that allows developers to build marketplaces on top of their infrastructure. The platform can be used as a fully white-label solution and any developer can seamlessly integrate the protocol into their project while keeping the project’s front-end interface. reNFT can be integrated into both protocols and web3 games and it could greatly simplify the process of creating a marketplace for other metaverse developers.  The protocol is chain agnostic and aims to support all major chains. However, it currently supports Ethereum, Polygon, and Avalanche C-Chain. 

Helix Plan

Helix Plan is a real-time planning tool with the ability to track work, time spent, and overall progress across a mix of development methodologies. While this is not directly a development tool, it can still play a crucial role in making sure the development process progresses smoothly. It can help a developer make decisions through a variety of features like providing an overview of product backlog, quality assurance and planning views, and a dashboard with real-time data for project burndowns. 

OMI Group

OMI stands for Open Metaverse Interoperability. It’s a metaverse development tool and an open-source project focused on developing interoperable technology for the metaverse. The organization aims to improve the metaverse as an open and interoperable ecosystem that emphasizes privacy, accessibility, and community-driven development. To achieve this, OMIGroup focuses on developing an open 3D file standard that would be compatible with different metaverse ecosystems.  

OMI Group has already developed several demo projects showcasing their technology. This includes GLTF Extensions Booth, a virtual space highlighting the various extensions OMI has implemented so far. 

Colyseus Arena

Colyseus is an open-source multiplayer game framework that provides a turn-key server solution for metaverse game developers. It provides developers with the tools necessary to create game servers that are secure and scalable and simplifies their game creation process. Colyseus comes with several features that can be extremely useful to game developers like automatic state synchronization, dynamic room management, scalability, authoritative server model, and JavaScript ecosystem integration.

The framework has over 80 contributors and has already been downloaded over 750,000 times with nearly 6,000 stars on Github. In addition to the open source option, the project also offers a paid service where Colyseus will deploy the game on their own cloud server with unlimited bandwidth and manage the SSL certificates on their end. The cost of this service starts at $15/month. Overall, it’s a power tool for developers who are looking to create a real-time multiplayer experience. 

LYNC 

LYNC is a mobile-centric Layer 2 chain designed to empower metaverse development with a native toolkit and enable developers to build on-chain products. Lync aims to simplify the process through which metaverse projects and other virtual worlds can be deployed on mobile devices. The project believes its services could cut development time by 90% and reduce development costs significantly. It streamlines the development process by offering tailored solutions for mobile environments including account abstraction SDK, Metamask wallet SDK, OKX wallet integration, in-game marketplace SDK, NFT fetcher, Telegram mini app deployment, and many more. 

JanusXR

JanusXR is a platform that transforms traditional web content into immersive 3D spaces in the same metaverse technology. This allows users to meet, explore, and interact in a virtual environment. The idea behind the project is to replace normal web2 content into a more interactive cyberspace using interactive VR devices like Oculus. It aims to redefine digital interaction by making web surfing a more immersive experience.

Janus is also a founding member of the Virtual Reality Blockchain Alliance, a consortium of organizations that are working to bridge content between different metaverses. It provides several tools like Unity to JanusXR, Unreal Engine to JanusXR, Maya to JanusXR that makes it easy to port content to its native format.

Decentraland SDK

For developers who are planning to create digital assets in the Decentraland metaverse, there is no better tool than the Decentraland SDK. This tool is specifically designed for content creators on the platform and allows developers to create an immersive experience using TypeScript language. Some of the key features of the kit include Visual Studio code integration, asset management, large collection of utilities library, and a mechanism for adding interactivity. 

WebXR 

WebXR is a metaverse development tool that enables the development of Virtual Reality and Augmented Reality experiences in the metaverse. It provides developers with tools that handle device and session management, rendering, event handling, and distinguishing between inline session and VR sessions. The framework can be used to create 360° 3D video experience, interactive visualization, and even home shopping applications that will allow developers to create engaging virtual worlds and interactive environments. WebXR also supports most of the major mixed reality headsets on the market. 

Hologram Virtual Reality

Hologram is a platform that provides tools to integrate 2D and 3D assets into the metaverse. Users can turn their static PFPs into animated avatars, while content creators can create and sell memorable mascots. The service contains three major components:

  • Extension, that allows users to turn their PFP into their avatar for virtual meetings calls like Google Meet, Discord, and Slack.

  • Studio, which allows users to chat and stream as holograms on any platform.

  • Creator, which allows users to create collections of augmented reality and virtual reality digital assets.

Since the platform is built on open formats and open standards, it also allows metaverse interoperability.  

Conclusion

The web3 metaverse is still in its infancy and therefore it goes through periods of high and low activity depending on the market cycle. However, there is no denying the overall potential of this sector and its ability to impact the lives of people within web3 and beyond. The sharp increase in the number of metaverse tools available for builders will likely bring more developers to this space and help create the first web3 metaverse that could rival its web2 counterparts. 


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