Virtual Reality and Blockchain — ImmVRse
We live in a world today where the pace and scale of change is faster than ever before. And it is totally unlike anything we have ever known. Not only is that the world around us rapidly shifting into a truly digital economy, but one that will become economically borderless. Existing technology plays a big role in this certainly, as e-commerce, content streaming, and other advents revolutionize our today.
The potential for virtual reality and blockchain to share leadership of our new generation of technology is incredibly exciting. Especially as it pertains to the diffusion of content. As we shift to a truly digital and economically borderless world, it is clear the way in which we have previously done business will no longer suffice. Especially when it comes to digital content.
Smart offices. We’re not there yet, but they are coming. And for millennials, this cannot be soon enough.
Consider the results of a 2016 study by Penn Schoen Berland, which interviewed 3,800 global employees about the technological change in the workplace. Both millennials and older employees were interviewed, and the results for millennials were as follows:
• Millennials globally are becoming increasingly dissatisfied with old school technology in the workplace — technology that is far behind what they have in their homes.
• Millennials are more likely to quit a job in a workplace with sub-standard technology.
• 82% of millennials state that high tech offices will influence their decision about taking a new job.
• 44% of millennials believe their workplaces aren’t smart enough.
• 58% of global millennial workers prefer high tech in-office perks, such as VR and AR, as opposed to traditional free snacks and ping pong tables.
But the biggest overall reason that millennials want AR/VR products in their professional lives is that they believe it will increase their productivity.
A newly published report by Transparency Market Research (TMR) forecasts huge growth for the global market for VR content in coming years. The report predicts that the global virtual reality (VR) and augmented reality (AR) market is set to see explosive grow by 2024 with a forecast value of $547.20 billion (USD). In order to supply the growth and development of high-quality VR content, ImmVRse has decided to take a community-driven approach, much like YouTube, allowing it’s platform users to determine the value behind the published content. The system has been designed so that VR content creators, together with the community, are constantly interacting, helping and inspiring each other to produce some of the most innovative VR content available online.
ImmVRse is a decentralized VR content sharing platform that will allow VR content creators, brands and advertisers around the world to inspire, collaborate, and produce some of the highest-quality VR content available online. The application will act as both a marketplace and a content distribution platform. ImmVRse will employ its own unique digital currency, the ImmVRse token (IMV), which will be used as the form of payment between all parties within the ecosystem.
The platform uses Ethereum smart contracts to secure and validate all transactions with no need for third-party intermediaries. As a result, content creators such as artists get paid for their services using the IMV, whereas advertisers pay for advertising options for their contents. ImmVRse will allow the exchange of VR content between creators located in different parts of the world. That is an added advantage for those creators restricted by their regulatory or geographical limitations. Also, VR content creators are set to enjoy collaborating with some of the top brands in the market through the ImmVRse platform. The Accolade-based Reward tokens will allow for the most creative creators to partner with top brands through the jobs and contracts on the reward.
ImmVRse will use this opportunity to showcase its concept to one of the largest and most committed technology audiences of today. As ImmVRse hopes to stay at the forefront of innovation, the conference will be an opportunity to show attendees why combining the future of the media with virtual reality and the future of finance with blockchain will result in a revolutionary platform; stimulate the growth of both industries in the future.
The General Director of ImmVRse, Farabi Shayor, said:
“We are pleased to announce our partnership with Knect365, the organizers of TechXLR8. TechXLR8 is a fundamental part of London Tech Week, one of the largest technology festivals in Europe. As a startup, we combine virtual reality and blockchain, and we believe that both will be recognized as crucial consumer technology in a few years.”
ImmVRse is not only looking to focus solely on education, which is why it’s proud to also announce a partnership with the company Basis Neuro.
Basis Neuro creates gadgets and services that are controlled by just the brain. Their partnership with ImmVRse will allow them to access algorithms for analyzing brain signals, which will propel Basis Neuro forward in understanding the intricate relationship between VR and neural activity.
Recently ImmVRse has announced a working partnership with award-winning application security company, Entersoft. Renowned FinTech Company Entersoft will offer ImmVrse the highest quality security solutions, with past experience working alongside Cyber intelligence and anti-phishing solutions provider Segasec. This project offered Entersoft the opportunity to assist a large number of organizations in the launch of their Token sales.
THE ImmVRse TEAM
The ImmVRse team consists of highly talented and knowledgeable members possessing an average of more than 15 years of hands-on industry experience. Team members and advisors are experienced in managing large-scale multi-million dollar projects and skills in marketing, infrastructure development, process specialization, human resources and blockchain disciplines. The team’s ability to develop complex projects, paired with their expertise in crypto-trading and investing, builds a solid foundation for a successful blockchain start-up.
Initially, the team will be developing an Android application that will work both as a VR content platform, where users can consume 360-degree videos and a content creator’s marketplace. As the technology evolves and improved standalone headsets are released in the market by 2019, the target is to build an immersive spatial application that will be supported in high-end devices such as Vive Pro or Rift.
By 2022, ImmVRse aims to develop a rapidly-expanding platform that will provide a reliable solution for commercial VR content development. ImmVRse also expects to integrate technologies such as mixed reality, augmented reality as well as virtual goods within its long-term scalability strategies.
The combination of VR and blockchain has the potential to bring the best of both worlds. Not only is ImmVRse an efficient and creative platform, but likewise a technology that will revolutionize VR content. A platform that can facilitate both VR and blockchain is yet to happen. However, ImmVRse is set to become a pioneer in an industry that has so much to offer.