As per Wikipedia, the Virtual reality is a computer-generated scenario that simulates a realistic experience. The immersive environment can be similar to the real world in order to create a lifelike experience grounded in reality or sci-fi.
VR has proven its ability to drastically change the way people consume information. Switching to VR will open the doors for many new business models and concepts that will be created around the new format. A wide variety of applications- especially those built around VR content- will lead to the universal use of VR.
Blockchain and VR are the most perspective and rapidly growing IT trends distinctly integrated only by VRT.
VRT World is the first decentralized platform for creation and distribution of VR content with full immersion based on blockchain technology. It provides a chance to an average person to create their own VR products, games and programs utilizing the API and SDK which stands for Software Development Kit of VRT.
So, the main aim of VRT world is for developers, players and businesses to establish a community to continuously grow and develop different applications for the VRT technology. Obviously, it utilizes the blockchain in order to sort information and content rights. The authenticity of the content is checked within the system and for any purchases within the platform, there will be a smart contract created in order to confirm both the rights and royalty distribution which allows for comprehensive copyright protection.
And, when it comes to profit distribution, it is guaranteed and transparent throughout the entire system.
VR is in the process of taking over the entertainment industry all over the world. According to analysists, the VR industry is highly likely to create a multi-billion market in the next few years. But, the key issues getting in the way of the full-blown development of this technology is the lack of quality content for the VR equipment.
That's where VRT world comes in as they offer a solution that will entice thousands of developers from all over the world to create and merge high-quality VR content.
So, when it comes to the actual token, the VRT token is the fuel for the entire platform. The functionality of the tokens will be the even wider organization of tournaments with a prize fund in the form of a certain number of VRT tokens.
The team together have more than nine years of experience and the entertainment industry and have been working in the VR areas since 2015.
CEO - Konstatin Negachev (More than 7 years of experience with VR solutions)
CIO - Dmitriy Livshin
COO - Sevil Baer
They have some cool partners like Bancor, hubculture, spacebit etc.
Let's know about the token sale -
Starts - March 2018
Ends - April 30, 2018
Hard Cap - $ 15,000,000
Soft Cap - $ 3,430,000
VRT world accepts Bitcoin, litecoin, bitcoin cash and ethereum as payments. The unsold tokens will be burned.
Website - https://www.vrt.world/
White paper - https://vrt.world/sites/default/files/WP_ENG_3.pdf
Social Medias -
Facebook - https://www.facebook.com/vrtworld/
Twitter - https://www.twitter.com/VRTworld
Reddit - https://www.reddit.com/r/VRTcommunity
- BlessedSajal
Fantastic.
Thank you for your article.
VR is rocking nowadays.
And the VRT World is set to rock.
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I am glad you liked it @twittercalls
You're welcome.
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Great mate @jokereader
Nice to see writing about these ICO's and bringing it to us here.
Best of Luck.
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You're welcome @jeefisman
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VR VR VR VR VR VR VR VR!
VR IS LOVE.
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Interesting to become! Subscribe! Hope for reciprocity!
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