Virtual reality this year was projected to be a 7 Billion dollar business. 2021 the predictions for VR alone are 74 Billion Dollar
Although VR didn't quite catch on as well as initially predicted, the future for VR looks extremely bright.
VR will catch on and whilst the last Oculus Rift is now on sale the next upgrade of Oculus around the corner.
Soon the VR experience will become reality rather then a pixelated mess of attempting to make a reality.
What has always interested me as I am often away from home is the possibility to put the Oculus or Htc Vive on and be able to have a fully emmersive conversation with my girlfriend in a different reality or even as if she was sitting next to me.
Turning on netflix, watching a serie or movie wherever I may be. I have always wondered if this could soon be a possibility.
Whilst looking for the next best ICO I bumped into Vibe Hub Ico.
I looked at their video and I couldn't believe it, they actually have a fullynworking fully emmersive environment coupled to a crypto currency called vibe.
After having a long chat on slack with the devs I am convinced they have a gem right here.
The main aim is to be able to be ready for what is about to come in terms of what the future will soon offer us in terms of VR and augmented reality(AR).
They showcase the possibility of being able to pay for content to change the environments that you share with your partner, friends or family.
Chatting and communicating will be an entirely new and most important more fun experience by being able to sit in your space ship environment or perhaps you want to feel zen and transport yourself on top of a mointain.
One of the biggest opportunities for vibe hub is to be able to make use of holoportation:
The crowdfund will allow them to setup a room to record your favourite artist and make a full holoportation of them.
By paying with vibe currency you could see the live concert from within your house, for example Beyonce would play live and sits a few feet away from you, whilst singing your favourite song.
This can already be done right now with current technology and everything is pretty much in place for Vibe Hub to be the first ones to couple their vibe hub platform to all these opportunities whilst using smart contracts with their vibe currency (based on ETH)
Vibe Hub will also be fully compatible with Augmented Reality (AR) they have some of the best virtual reality content creators and a wealth of experience in the music industry and VR industry.
augmented reality
For anyone who hasn't seen the possibilities of Augmented reality yet have a look at this video from a company called Magic Leap:
http://www.smartglasseskopen.com/magic-leap/
This technology will change the world, it is for good reason that Magic Leap could be valued at 8 billion dollar.
Alibaba has invested millions in Magic Leap and Rony Abovitz.
https://en.m.wikipedia.org/wiki/Rony_Abovitz
As I am very careful with ICO's yet I haven't pulled the trigger yet, but this ICO seems to be ticking a lot boxes!
Let me know what your view is!
Awesome post! Very informative.
thank you :)
I love this!