Technology is propelling the world to new heights that were unimaginable even five years ago. The digital world is expanding at an inconceivable rate, bringing with it some of the most memorable events in human history.
Virtual reality, or VR, is one of these amazing experiences that is propelling our viewing experience to new heights. Hundreds of companies are working to make Metaverse a reality all across the world. It is undeniably one of those things that will take a significant amount of time and work to perfect and reach the public, but with recent technological breakthroughs, it is no longer a pipe dream. The term “metaverse” refers to a virtual environment that humans can live in thanks to unique virtual technology.
This sounds like a science fiction film because science fiction films are designed to mirror life in the future. It’s as if you could go to any area, such as virtual concerts, utilising video game-style equipment. You can live the moment instead of just viewing it if you use this technique.
Metaverse is also thought to be the internet’s future. This online universe, on the other hand, will be linked to virtual spaces and will deliver a 3D virtual experience when surfing. The big tech companies are significantly investing in future technologies with the sole purpose of bringing the virtual world to life. Cryptocurrencies, games like Minecraft, virtual conferencing, and other Metaverse features are just a few examples.
A technological revolution will occur shortly in the rising digital world with expanded cyberspace. Tech behemoths are racing to produce what appeared unattainable only a few years ago. The Metaverse will serve as the foundation for this transformation, which will push Virtual and Augmented Reality to new heights.
Let’s take a look at how these Startups in India changing the Metaverse scenario:
Bolly Heroes
Bolly Heroes is a parallel Bollywood world created in conjunction with production firms, music labels, brands, celebrities, game studios, and animation businesses. Paperboat Design Studios, Fantico, and Vistas Media Capital are among its backers. Bollyverse, a limited-edition NFT collecting platform, was just introduced by the partners. People can establish a ‘Bollyverse’ on the platform, where they can write, act, and produce their own stories and characters in order to launch community-driven films, games, shows, and animation.
The platform offers three different types of NFTs: Legend BFT, Hero NFT, and Real NFT. Each NFT holder receives income sharing, incentives, and early access to new products. Other products in the ‘Bollyverse’ include Ultra Rare NFTs, which allow customers to create their own characters. Bollybabies also allows users to create something unique by combining and merging it with other NFTs.
OneRare
OneRare, situated in New Delhi, is India’s first 0xPolygon food metaverse game. OneRare is a play-to-earn game with a straightforward objective: claim your favourite foods. To successfully unlock the Dish NFTs, the user must follow recipes and harvest the appropriate ingredients. The most intriguing aspect of this is that each recipe has only One Dish NFT. In other words, just one individual in the entire world will own the ‘One Rare Dish.’
LOKA
LOKA is India’s first multiplayer gamified virtual Metaverse, built on 3D maps of real-world towns and locales, where players may participate in live and concurrent experiences powered by their favourite third-party apps. LOKA is based in New Delhi. Connaught Place in Delhi, Marine Drive in Mumbai, and MG Road in Bengaluru are among the 3D cities and locales available on the platform. This game is played simultaneously and in real-time.
Surprisingly, all of the game’s experiences are powered by third-party apps and portals. For example, you can go to a movie theatre in the game and use the Netflix app to watch the latest releases, or you can go to the gym and use the Cult Fit app to attend your daily yoga classes, or you can go to your favourite pizzeria and use Zomato to order pizza and have it delivered to your exact address. In addition, the platform features a ‘Feel, vibe, and culture’ layer, which contains tiny aspects such as ambient sounds, background noises, NPCs, culture-specific virtual items, and so on. As a result, the location’s feel and relevancy are preserved. In a word, LOKA is a virtual environment that allows you to create, explore, identify, express, collaborate, and socialise with hundreds of other users and game elements.
Cope.Studio
Cope.Studio is a deep-tech product studio focusing on early-stage companies that builds a platform for repeatable creation and growth of successful products. The startup, based in Bengaluru, combines design, product support, and funding to transform daring Metaverse concepts into category-defining businesses. Vedantu, Together Fund, Urban Vault, The Product Folks, Reality Tools, Dehidden, Arali, and Alter8 Analytics are just a few of the companies and organisations with whom the company has collaborated.
Internality
In the Metaverse, Interality is a one-of-a-kind platform for creative and fan interaction. The platform, which is situated in Bengaluru, allows creators to capture and dump their life experiences in augmented reality using NFT-based holograms.
Tamasha Live
Tamasha.Live, The startup is developing a next-generation gaming metaverse — a real-money gaming environment — that will disrupt gaming by including live social interaction.
Zippy
Based in Gurugram and Palo Alto, Zippy is a runner’s metaverse. The website links users with fellow runners from all over the world and provides them with an on-demand, immersive, safe, and fun environment. Zippy is a virtual world where people can run through major marathon cities (Boston, London, Mumbai, Tokyo), as well as scenic environments such as jungle trails, beach runs, and so on, with friends or alone, using their twins or Avatars, which are in sync with the real kinematics of runners in the real world using their fitness wearables or treadmill sensors or treadmills.
NextMeet
NextMeet is one of India’s first avatar-based immersive platforms, allowing virtual conferencing and networking in a three-dimensional environment. The goal of NextMeet was to reduce the isolation and UI fatigue that comes with remote work. To address this, it has introduced interactive surroundings, spatial audio, and 3D avatars into its diverse ecology to improve UI/UX. The company currently serves the mass market, particularly in categories such as corporations, educational institutions, virtual events and performances, and so on.
Final Thoughts
In the past few years, the Metaverse has transitioned from a fantastical future envisioned in various pieces of fiction to a tangible reality that truly exists, albeit in a nascent stage of development. The stage has been set for the next set of immersive metaverse applications to come to life, and the core technologies behind them are steadily advancing.
It’s impossible to predict whether we’ll see a dismal reality as depicted in Snow Crash and the Matrix, or a gamified virtual world replete with nostalgic references like Ready Player One. Perhaps the metaverse will manifest in ways we haven’t yet imagined. With the metaverse’s future state yet unknown, builders, artists, users, and visionaries must work together to create a user-owned digital realm characterised by decentralisation, immersion, and connectedness.
