[ImmVRse] a decentralized website, iOS and android Ethereum-based apps

channelcrypto (25)in #blockchain • 8 years ago

About ImmVRse

ImmVRse will be the first decentralized and distributed digital video platform that will allow content creators, brands and advertisers around the world to collaborate and produce the best of what Virtual Reality has to offer. The platform will employ its own unique digital currency aptly known as ImmVRse token, which will be form of payment between all parties within the ecosystem. Using cryptographic signatures, the application will be able to mirror file locations and record transactions across multiple nodes to ensure data and transactional records within the blockchain cannot be altered retroactively. ImmVRse will focus primarily on VR/AR/Mixed reality and is easily scalable to embrace other forms of media production such as, 3D animation. Currently, there is no other platform providing the ability to showcase VR content and allowing direct employment as a result.

BUSINESS APPLICATIONS OF VR

HEALTHCARE
Virtual reality has multiple applications for healthcare. One use, which is not entirely new, is the use of VR in therapy. For example, psychiatrists at the University of Louisville use VR in cognitive behaviour therapy to treat patients with social anxieties or phobias such as flying, public speaking and heights. The controlled environment allows doctors to expose their patients to simulations and direct them on
how to cope with how they are feeling.

EDUCATION
Producing training videos to assist in learning in schools as well as in the job training for professionals, VR has seen huge growth in this sector. The military has also invested in VR material as part of their recruitment campaigns.

TOURISM
Many hotels have begun offering tours around their resorts using VR. Marriott Hotel unveiled an advertising campaign named “The Teleporter” in 2015, where guests were given the opportunity to explore the beaches of Hawaii and London’s Tower 42 in a custom-made special effects booth3. Guests were provided with a virtual headset that took them to their desired destination for 100 seconds. The 4D technology meant that users were not only able to see but also feel the environment around them,
allowing holiday-goers to explore different locations before making a booking.

ADVERTISING
As more companies are shifting towards virtual reality, big brands are starting to produce their own VR advertisements. The strong attraction that VR holds towards advertising is its ability when presented effectively to completely immerse its audience into an experience thus allowing brands to emphasize their intended individual message. VR also results in a much deeper emotional impact than regular advertisement could be capable of, lending itself to a much higher level of engagement. YouTube has already launched a dedicated VR channel, which can be viewed using any commercial VR headset including Google cardboard. In turn, this will require companies to produce VR advertisements to complement the videos being produced.

FILMS AND VIDEOS
One of the most attractive features of VR is being able to completely revolutionise the way a story is told. VR has the potential to dramatically enrich the cinematic experience for audiences everywhere, thrusting them directly into the midst of the action and allowing them to exist outside of their personal realities for instance changing their persona or even their gender. VR enables viewers to “live” the story from the perspective of a character within the film, instead of simply feeling like an observer in a dark theatre or room. The Cannes film festival this year showcased a VR film created by Oscar-winning director Alejandro G.Iñárritu “Carne y Arena”, a six-minute piece about a group of Latin immigrants crossing the border through the Arizona desert, where they are then caught by the U.S. authorities. The audience experienced the film in a sand-strewn space the size of a few basketball courts, in order to simulate a desert, accompanied by an Oculus headset4.

ImmVRse IN DETAIL

ImmVRse Network is a network architecture that consists of:

ImmVRse Token
ImmVRse Wallet
ImmVRse Protocol
ImmVRse (ĐApp)
ImmVRse Decentralized Engine
User Retention Engine

The core component of the network will be based on Ethereum Metropolis. This enables the system to initiate smart contracts. Every transaction and contract will be channeled through this platform.

ImmVRse TOKEN

The bespoke token network has been created as a centralized currency to be used within the ImmVRse Network. Users will be able to purchase and sell ImmVRse tokens in exchanges. The token follows the standards of Ethereum ERC-20 Standard tokens.

ImmVRse PROTOCOL

The protocol is a fundamental feature to the business. This is a ledger where we can monitor the health of the network and any token-based transactions.

ImmVRse (ĐApp)

This is the decentralized VR application where can hire content creators. This platform also allows companies to advertise and users to watch and subsequently receive rewards for interacting with the application.

ImmVRse DECENTRALISED ENGINE

This is a solidity based on ImmVRse ĐApp. The system is being developed to connect ImmVRse Token, ImmVRse ĐApp and all of its users within the platform.

ImmVRse USER RETENTION ENGINE

This is an algorithm for blockchain, specifically designed to retain users within the ecosystem. The blockchain algorithm enables users to directly engage with Virtual Reality content producers by earning reward badges. Furthermore, the system will be designed to reward the viewers for simply interacting with the application. A portion of advertiser’s payment will be distributed to the viewers for watching, sharing and voting on the app.

ECO SYSTEM WORKFLOW

TOKEN ICO

The ImmVRse token launch, where approximately 100 million tokens are planned to be distributed, will officially commence on Q1 2018. The token generation will cease 6 to 8 weeks from the launch of the ICO. ImmVRse will offer up to 33.33%, 100,000,000 of the company’s total circulation supply — 300,000,000 tokens **
Each ImmVRse token will cost $ 0.20
Participants will be able to purchase the tokens with Ether and store the tokens via their MyEtherWallet address
The price of ImmVRse token will remain steady throughout the token generation period
Participants in Pre-ICO will be eligible for bonus of 20%
Early contributors of ImmVRse tokens will receive additional bonus of up to 10%
The token launch will take place with a target funding and cap of $ 20,000,000

TOKEN DISTRIBUTION