VITUAL REALITY TECHNOLOGIES USING THE BLOCKCHAIN SYSTEM

Using the Blockchain system

Verification of intellectual property ownership
Automatic profit distribution
Community involvement
Developers motivation system
Cybersport tournaments
Franchise management practice

Verification of intellectual property ownership The use of the blockchain allows storing information about authors and rights to content. Specially created software allows checking the authenticity of content through the blockchain. When purchasing content, a smart contract is automatically generated to confirm the rights (license verification) or distribution of royalties, which contributes to unprecedented copyright protection.
Profit automatic distribution Blockchain guarantees transparency and automation of profit distribution between all parties involved in the project. All proceeds gained from content sales and lease will be regulated and distributed through SMART contracts between owners of VR park (franchise), content developers and VRT managing company.
Community involvement: We will use Blockchain for voting which will help to control quality of content and to execute marketing research with regard to user preferences. Polls will help to identify the most important areas for the development of the technology. Aggregation and analysis of feedback from the auditory is our priority goal.
Developers motivation system Fund: for motivation of developers will be established on basis of the platform. Accumulated cash assets will be granted to talented developers and forwarded for development of most prospective projects that will make the community interested.
Cybersport tournaments: Blockchain opportunities will be used to reward winners of VR park cybersport tournaments. SMART contracts will control distribution of prize pool between players.
Franchise management practice: We are the first team to use Blockchain for managing of VR franchise. Courtesy of registration of all activities (games releases) business owners can rely on legitimate profit distribution.

Project structure

The VRT World platform will consist of multiple elements responsible for a multitude of tasks. To elaborate, they can be divided into two categories: a number of control solutions and a number of technologies for working with virtual reality. These solutions are the infrastructure backbone of the VRT World platform and provide for interactions between the content and the environment. At the initial stages of the Project, it will be implemented on a private Ethereum blockchain, where our VR parks will serve as nodes, transmitting idle capacities to support system transactions

VR Technologies has developed a solution that will attract thousands of developers and authors from all over the world to create and monetize high-quality VR content. This solution is the VRT platform, which is a decentralized VR marketplace. The platform is based on the blockchain technology, which guarantees transparent distribution of funds and enforcement of intellectual property rights. In addition, the platform will host available SDKs and APIs, which will greatly simplify the creation of VR content. As a result, it will attract the widest range of stakeholders to participate in the development of the system.

A unique experience of VR Technologies will allow the team to implement the task. The company has worked on the technology for more than 3 years. It allows immediate transferring of all human movements into virtual reality. Two years of fruitful work have assured achieving of significant success. VR Technologies has learned to transfer into virtual reality entire groups of users simultaneously with each of the participants watching the movements of their partners and being able to interact with them.

The VRT technological solution is a real breakthrough in the VR industry. This is a working project with a completely new level of user interaction. The VRT team signed an agreement with one of the partners on the opening of 30 VR parks on our technology in different cities of Europe for the next 18 months.

Token Sale

VRT is the product token (utility) Constantly growing community of developers, users, investors and crypto enthusiasts will stimulate interest, popularity and contribute to VRT price.

Engagement in VRT activities allows to get prompt feedback for every segment in the system which in turns contributes to product price and moreover important for acceleration of growth rates of its subdivisions. VRT is developed and consolidated through growing of project participants quantity.

Price // { 1 VRT = 1 USD }

Quantity // { 100 000 000 }

ROAD MAP

The functionality of the tokens:

Organization of tournaments with a prize fund in the form of project’s tokens.
Connection of streaming services paid for with tokens.
Token holders will be able to purchase a license for the full-body tracking technology developed by us for use in their own projects. All third-party developers who purchase the SDK for full-body tracking will be able to further integrate their projects into our infrastructure and profit from sales.

Token holders will also be able to spend them to pay for services related to the development of business solutions using VR technology and full-body tracking. For example, it will be possible to order a solution for demonstrating real estate in VR or a specific simulator that provides instruction on working with certain equipment in a safe environment.

Most importantly, our tokens unite players, investors and creators of the project: allowing for the development of full-fledged, working products with tokens as a universal and profitable solution for both parties.