Today, at the Metaverse Spectrum Business Conference, I had the privilege of unveiling the top 10 companies in the second annual M100 awards. These prestigious awards recognize excellence in immersive media including AI, Metaverse, AR, VR, and Web3 technologies. The top 10 companies–3D Look, Epic Games, Roblox Corporation, NVIDIA, Decentraland, Nike, Sandbox, Yuga Labs, Snap, and Glue–are all second-year winners, solidifying their positions in the marketplace.

These companies represent a diverse range of industries and technologies, but they all share several common attributes that have contributed to their success in the tech and innovation landscape. Notably, among all the winners, only 27% were new entrants, underlining the continued dominance of these top 10 companies.

Here are my observation on what makes these companies special.

• Innovation: All of the top 10 M100 winners are at the forefront of innovation in their industries. They have developed groundbreaking technologies and solutions that are reshaping the way we live, work, and interact with the world. Whether it's advancing the crypto and NFT space or creating immersive virtual experiences, these companies are pushing the boundaries of what's possible.

• Ecosystem: Several of the winners are part of larger ecosystems or platforms that enable others to create and innovate within their domains. This collaborative approach to innovation allows for a wider range of applications and solutions to emerge, fostering growth and development in the industry.

• Vision: These companies have a clear vision for the future and are actively working to bring that vision to life. Whether it's building a fully decentralized VR platform or creating a metaverse that connects whitelabel services, these companies are shaping the future of technology and leading the way for others to follow.

In summary, the top 10 second-year M100 winners represent the pinnacle of innovation, impact, and recognition in their respective fields. They are solidifying their positions in the marketplace, and as we celebrate their achievements, we look forward to witnessing their continued impact on the future of immersive media.