Tech companies around the world are pouring incredible amounts of money into developing compelling virtual reality worlds in the metaverse, and many have identified live music performance as an integral part of their plans. Here, IC profiles 20 companies to keep an eye on as live concerts in the metaverse become more common.

DecentRaland
Touting itself as “the first fully decentralized virtual world,” Decentraland’s mandate from day one was to hand control over to the people who create and play in their virtual space. Through their DAO (Decentralized Autonomous Organization), users are in control of the policies created to determine how this VR world behaves: for example, what kind of portable items are allowed, content moderation, land and auction policy, among others. The organization…