ADSactly Daily
Monday, July 31th, 2017

If you are involved in either Virtual Reality or Cryptocurrency you are lucky enough to be working in bleeding-edge technology. VR and Cryptocurrency aim to revolutionize the human experience, both by providing a gateway to new worlds and decentralizing power. While each of these new technologies offer new exciting opportunities, combining them will unleash potential far beyond anything humanity has seen before.

With the inception of the Oculus Rift and HTC Vive we have seen Virtual Reality go from a Science-Fiction gimmick to a tangible product. This new potent technology offers ways to experience new realities and enhance the world around us like we have never witnessed before. The main hurdle for the Virtual Reality industry is lowering the price point of their products to a level where mainstream adoption can be made possible. Thanks to the Initial Coin Offering phenomenon which has been spurred on by Blockchain technologies, we are seeing companies raise millions of dollars in minutes. This new way for startups to raise capital could be used to solve the problem that many VR companies face in terms of making their products cheap enough for everyone to buy.

TEDx Talk: "What if we could live in the Matrix?"

With the creation of virtual worlds we are needing to shift traditional methods of transactions and finances. Cryptocurrency offers an excellent and competitive way for transactions to take place in VR environments. By marrying in-game transactions with cryptocurrencies we can open up a whole new world of possibilities. An example of a cryptocurrency made specifically for VR is Voxels. Below is an overview of the Voxels platform (Source: Connor Kenny)

"Voxels Cryptocurrency Overview - The VR Coin"

In conclusion, Virtual and Augmented Reality is here and the space is growing everyday.With the birth of Initial Coin Offerings and the fluidity of crowdfunding that cryptocurrency offers we can see a whole new way for VR projects and startups to raise money. Through the introduction of new talent, capital, and initiatives, we are seeing dreams become a reality, literally.

Thanks for reading,
The ADSactly Steemit Team

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Other Information

• Virtual Reality 101 by CNET: https://www.cnet.com/special-reports/vr101/
• Oculus Rift Official Site: https://www.oculus.com/
• HTC Vive Official Site: https://www.vive.com/
• Voxels VR Cryptocurrency: https://virtualrealitytimes.com/2017/05/09/voxels-the-vr-cryptocurrency/