Introduction
What attracts potential investors and enthusiasts to businesses and platforms are the services and applications available on them. Presenting a blockchain network that possesses the tendency to be successful, sustainable, and profitable will enable you to pull the right investors and users to your businesses. Without having a clearly defined brand or feature for your business, you may find it difficult to gain the trust, time, funds, and other resources of investors. In the VR industry, it is the content created by business innovators that drive it and ensures the success of every platform. However, many of these blockchain networks venturing into the VR industry lack quality content, and this poses a market challenge because it weakens the earning power of the creators and does not provide a rich return on investment for investors. As a nascent platform in such an industry, the NetVRk project has identified it as a setback that needs urgent address.
Lack of Quality Content
While we understand that Virtual Reality (VR) is generated for series of computer programs and algorithms, and displayed in a three-dimensional simulation that functions as a duplicate of the real world or an entirely imaginary universe. Users can explore different virtual realities using an HMD or a mobile device with additional hardware. We can relate VR as an experience similar to a destination place in the real world, however, we have lots of exciting places in the real world to visit and have fun. On the other hand, there are only a few places available in the VR world for users to visit, and this is viewed as a problem, which requires a solution. This is a challenge because the users and customers in the VR industry are consistently seeking new environments and spaces where they have fun and entertainment. But with the limited places to visit and lack of content, users are becoming bored and losing interest in the VR industry. More so, due to the inadequacy of contents, there exists a reluctance among people to purchase VR accessories such as headsets. While there may be several games available for players to enjoy, the available VR places for people to hang out and socialize are diminishing, and creators are running short of enhanced design tools and applications.
This is why the NetVRk project is poised to develop solutions that can address this challenge.
Our Solution
This network is developing an innovation, called the VWGen technology, which has the capabilities of creating an unlimited amount of special, exciting, and completely interactive VR environment. They will also enable new members of the community to have ease and convenience in generating new and diverse content in the NetVRk network. Through this plan, there will be multiple high-quality contents including fully developed cities and other complex worlds, as well as powerful design tools. All the contents created by users are vetted and reviewed by the system’s algorithm and a community member before they are added to the database of the platform. NetVRk’s project will frequently filter the database using a rating and review system to maintain a high-quality user experience and enables users to provide their feedback. They will also this system to indicate contents and users eligible for monetization options.
USEFUL LINKS
Website: https://netvrk.co/
Whitepaper: https://whitepaper.netvrk.co/
Telegram: https://t.me/NetVRk_Official
Facebook: https://www.facebook.com/NetvrkVR
Instagram: https://www.instagram.com/netvrk
Twitter: https://twitter.com/NetVRk1
Discord: https://discord.gg/baAhdCHUnb
AUTHOR'S DETAILS
Bitcointalk Username: Chidoskim
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2652432