Virtual reality is becoming more popular of late. The virtual reality technology has been leveraged profitably for many uses. As a result, virtual reality platforms are helping people take part in situations where they usually would not take part.
And with the unlimited potential in VR, content creation is demanding more quality and protection. Now, the technology is set to combine effort with another revolutionary technology in the blockchain.
That is where ImmVRse steps in as a decentralized platform that will allow VR content sharing platform for creators, advertisers, and brands. Also, the platform will act as a content distribution platform for content creators whereas it will be a marketplace for content trading.
What Is ImmVRse?
The ImmVRse is the brainchild of several talents and professionals from the VR industry. The team from London was on course of combining their marketing, advertising, human resources and blockchain skills to come up with an elaborate project to upgrade the existing VR industry regardless of geographical location.
What To Expect With ImmVRse
Since the ImmVRse is decentralized, there are currently multiple platforms that allow collaboration, and production of VR content. The primary mode of currency is the ImmVRse token (IMV), which will cater for all transactions.
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.
The decentralization mode allows for control and easy decision making for members of the ImmVRse platform. Consequently, users are receiving greater creative freedom for their workflow. The smart contracts also further help peers to access job opportunities through the original contracts. Thus, the creation of jobs and hiring process will occur only between peers of the distributed network. The creators will determine all the terms and conditions of each transaction with payments secured by the smart contracts. All-in-all, the intelligent agreements are essential to processing financial disputes while similarly securing transactions for the platform users.
ImmVRse Virtual Reality Content Sharing Blockchain Benefits
A good advantage with ImmVRse will come in the expenses we incur with transactions. As it is standard knowledge, banking accounts and boundaries for your content can be a challenging task, especially with matters of commissions and transaction fees. However, ImmVRse is set to eliminate this with the use of IMV, which will cost a fraction of what the conventional methods have to offer.
Likewise, the borderless mode of 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 IMV Conclusion
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.