As if cryptocurrencies and Virtual Reality weren’t enough to keep us busy on their own, creators are now merging the two technologies into one platform where one gives you access to the other and vice versa.
The names of the projects are many and they will certainly keep growing. Nevertheless, because some always start first or stand out brighter, here are a few of the top blockchain-VR combining startups.
Cappasity is a cloud-based platform that, in few words, lets all content creators make and embed any type of 3D content into websites, smartphone apps, and, what’s best, even VR and AR software.
Cappasity uses its own cryptocurrency, called ARTokens or CAPPs, which can be earned by uploading unique, original 3D content into the massive online storage they have. Verifying and moderating this content, and of course, renting or selling your own 3D models, will also get you CAPPs.
Their billing system is decentralized and can be used to make large numbers of micro-transactions where people can purchase or rent 3D content for commercial purposes such as e-commerce and online buying sites.
This platform works 10 times faster than its competition, or so they state on their website. What we do know is that you can produce simple 3D data in less than 3 minutes thus quickening processes that would otherwise take much longer.
As for the results, you can get 360° of 3D information that can be embedded into your online stores which not only awakens customers’ interest but also enhances their buying experience and reduces possible returns and bad reviews.
Another innovative and ground-breaking platform is VibeHub, which is a cryptocurrency-based alternate reality that allows users to buy or sell VR sessions in exchange for their own ERC-20 tokens, the VIBEs sold during ICO.
This is a highly social platform. In fact, in VibeHub you can have your own profile and even send messages or post information that can help you sell and market your content. This content can range from a live music performance to a guitar class lesson using Oculus or PSVR, models, surroundings, all through a 3D virtual space that shows up in your room and help of some accessories needed to control the experience.
This, like most VR apps and software, is currently being enhanced and improved so you can expect to see dating features and even celebrity sessions soon. Likewise, VibeHub also records events such as lectures and performances live, which you can attend for a small fee.
All micro-transactions are free of fees, and because it is a software that is constantly monitored, you can be sure that it’s both safe and secure to use. Similarly, every transaction is instant thanks to its Blockchain technology.
VibeHub is a great option for those who have something to share and would like to sell it online but don’t want to compete against unrelated sellers. This platform gives you the chance to tag and categorize your VR sessions and sell them worldwide by sharing a 3D space with someone else.
Probably well-known startup on the list, Decentraland is a blockchain-based Virtual Reality world that allows users to truly dive into 3D spaces. This platform is based on Ethereum and uses Ethereum smart contracts to sell empty parcels for MANA coins.
This is a gamer-oriented virtual world where designers, programmers, and artists can make money by selling VR experiences inside the realm they’ve built. As a user, once you buy a parcel, you can begin to build and design it as it pleases you: maybe add a casino? Or test drive a new car? How about scuba diving or an hot air balloon journey?
Offering all of these possibilities and more, Decentraland allows users to have full control over whatever they do with their lands, which is possible because of its blockchain technology.
This is a truly unique platform that mixes incredible visuals and cryptocurrencies to deliver a public virtual world that will undoubtedly have a greater role in our near future, so expect to see more of it soon.