Introduction
Most businesses and platforms are integrating their operations and services with blockchain technology due to the advanced features available on it. The transparency, improved security level, immutability, decentralized system, and other enhanced features of blockchain technology attract numerous investors and innovators to incorporate it into their platforms. However, the most influential effect of crypto assets and blockchain that revitalized the industry is on the financial system. It is creating an enabling environment for companies and individuals to seamlessly and efficiently perform financial transactions and other payments, without the involvement of third parties and at an increasing transaction processing time. This establishes a platform for businesses to utilize the technology to develop improved financial services.
Lack of Monetization Options in the VR Industry
Besides the fact that cryptocurrency and blockchain have enhanced financial services, these technologies have opened a means through which users and investors can generate funds and increase their earnings. This is possible through the decentralized exchange platforms where users can buy, sell, swap, stake, and use as collateral. While all the monetization options are available to customers, there seems to be a lack of such several options in the VR industry. We may attribute the cause of this dearth to the absence of a strong and active community, which is still in its developing stages due to the emerging networks integrating blockchain technology into VR. This has brought new projects within that industry, and the NetVRk network is one of them. These platforms intend to develop more ways users can capitalize on the benefits of VR and monetize it. The NetVRk development team identifies the lack of monetization options in the VR industry as a challenge and has developed a solution to resolve it.
Our Solution
There are multiple openings and options of VR monetization available to users on the NetVRk platform, they also provide incentives and rewards for all participants on their network. With the adoption of blockchain technology, all users can access the varied options available under the NetVRk VR umbrella, which offers a plethora of possibilities on which these users can capitalize.
On this network, businesses and individuals can develop custom VR spaces and sell them to earn royalties. Advertisers can conveniently publish their ads in promotion of a product or service, thus creating awareness, and this provides an extra revenue means. More so, there is also a monetization option for content creators where they can develop unique content and sell or lease them to other community members to earn an income.
NetVRk’s Value Proposition
It is the team’s projected plan to penetrate the global VR industry and offer users a unique and reliable platform that maximizes the beauty of virtual reality in all areas. They are resiliently focused on offering all useful content-creation tools and applications and incredible social interactions to users, advertisers, and businesses, and deliver multiple ways to generate funds via VR content. NetVRk is also scheming to minimize the cost of creating content incurred by its users, so they can have higher income and gain access to a fast-rising number of experiences.
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: Nesanens
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2767345