ICO Start Date: 14/03/2018
ICO End Date: 30/04/2018
ICO Soft Cap: $-
ICO Hard Cap: $16000000 USD
Team Country: Russia
Whitepaper: Click Here
Restricted Countries: NONE
Virtual Reality (VR) technology is actively taking over the entertainment industry all over the world. This is not surprising, as improved modern technology turns virtual reality into an entirely new experience. According to analysts, the VR industry is highly likely to create a multi-billion market in the next few years. However, one of the key issues getting in the way of full-blown development of this technology is a lack of quality content for VR equipment. We offer a solution that will entice thousands of developers from all over the world to create and monetize quality VR content – a VRT platform serving as a decentralized VR marketplace. The platform will be based on blockchain technology, which guarantees an honest and transparent distribution of funds and the protection of intellectual property rights. In addition, VRT users will have access to platform SDK and API that will make it possible to involve a large number of developers in improving the system.
Blockchain ecosystem for developers, players, and business.
Enjoy unlimited VR features and get access to exclusive technologies, participate in ground-breaking gaming and entertainment projects, monetize own ideas, become owner of offline VR parks across the globe by means of VR World project.
VR platform offers unique opportunity to develop own VR products on basis of our SDK and API.
Turnkey solution will save Your time and money, You will get access to trendsetting technologies and equipment, You will be able to test own games in off-line parks in different countries. The marketplace offers the opportunity to monetize different projects without leaving the system.
Developers, players, and businesses will establish community and will constantly contribute to its development and growth. VR offers unlimited opportunities for application of VRT technology.
– Verification of intellectual property ownership
The use of the blockchain allows storing information about authors and rights to content. The specially created software allows checking the authenticity of content through the blockchain. When purchasing content, a smart contract is automatically generated to confirm the rights (license verification) or distribution of royalties, which contributes to unprecedented copyright protection.
– Profit automatic distribution
Blockchain guarantees transparency and automation of profit distribution between all parties involved in the project. All proceeds gained from content sales and the lease will be regulated and distributed through SMART contracts between owners of VR park (franchise), content developers and VRT managing company.
– Community involvement
We will use Blockchain for voting which will help to control the quality of content and to execute marketing research with regard to user preferences. Polls will help to identify the most important areas for the development of the technology. Aggregation and analysis of feedback from the auditory is our priority goal.
– Developers motivation system
Fund for the motivation of developers will be established on basis of the platform. Accumulated cash assets will be granted to talented developers and forwarded for development of most prospective projects that will make the community interested.
– Cybersport tournaments
Blockchain opportunities will be used to reward winners of VR park cybersport tournaments. SMART contracts will control the distribution of prize pool between players.
– Franchise management practice
We are the first team to use Blockchain for managing of VR franchise. Courtesy of registration of all activities (games releases) business owners can rely on legitimate profit distribution.
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