For anyone who is careful, it will not be surprising that virtual reality (VR) is about to become mainstream.
Variety recently cited the Greenlight Insight report that VR revenues would total $ 75 billion from here 2021. According to According to the same report, VR revenues are expected to reach $ 7.17 billion by the end of 2017. C & # 39; That's why it's important for companies, large and small, to consider early exposure to this growing segment. .
Promising statistics, but how can business owners use this information?
MARK.SPACE, a blockchain-powered platform that allows the creation of 3D Web sites compatible with VR, poses an interesting solution. MARK.SPACE aims to become the locomotive of the next generation of internet VR.
Change the Game
MARK.SPACE provides businesses and others with a tool for launch any type of 3D project or VR based on the "real world" economy Users will be able to create environments in which they can perform activities, such as selling furniture or custom decor. In addition, they can create their own "offices" and, in a virtual environment similar to that of a city, advertisers can take advantage of spaces like billboards in common areas.
The project uses the "M1 technology", based on "advanced mathematical algorithms" developed by MARK.SPACE to give the best possible accuracy in 3D visualization. The VR platform is capable of scanning entire interiors and complete shopping center product lines with branded stores.
Users will also be able to create their own virtual VR environments. MARK.SPACE has created a prototype work platform that will support content such as YouTube videos, Instagram posts as well as audio and text files.
Tokenization of virtual space
The VR environment created by MARK.SPACE consists of "Cities", including districts, blocks and units. The bridge between the virtual economy and the real economy is the MRK token, which is the internal currency of the platform. This token will allow users to buy and sell physical goods as well as services on the MARK.SPACE platform.
In addition, it allows users to create their own spaces and customize them. In order to expand the capabilities of the platform, more funding is needed. As a result, the company is holding a symbolic token sale.
Currently, the fourth round of the sale takes place, which began on February 15, 2018 and has already raised $ 9.12 million at the time of writing of this article. The price of each MRT token was set at $ 0.10. There is a cap of $ 35 million. A white paper with the details of the sale as well as the project was published by MARK.SPACE.
Promoting creativity from the beginning
MARK.SPACE recently announced a real estate contest to select the "best apartment" on the platform, which means that all registered users can design a 3D or VR location from scratch to compete.
The contest will allow users to discover the VR platform and to illustrate its convenience and usefulness. It will remain open until February 28, 2018, at which point the sale of main chips will end.
This message is brought to you by The Cointelegraph and should not be considered as investment advice by TNW. Yes, TNW sells ads. But we sell ads that do not fear.