Whilst competitor Rec Room has a greater valuation, VRChat has positioned itself as the leading VR socializing-based product. It taps into a modern desire to form connections in digital spaces, with some users meeting their real-life partners in their virtual avatar form. When contemplating VR’s popularity, it cannot be denied that virtual realities enable freedom of self-expression, an attractive proposition perhaps for those who struggle with their identity and place in the real world.

VRChat is already widely accessible, as a PC and StemVR-compatible app that supports multiple VR devices such as Occulus, HTC Vive, Windows Mixed reality, and the Valve Index. 2021 funding has contributed to the development of a creator economy where creators earn financial rewards, as well as further expansion to more platforms. VRChat will continue to grow as pundits speculate on whether VR will be the future of social connection.