Voxel Public Crowdsale Goes Live
First In-Game Cryptocurrency to Power World’s Largest VR Content Marketplace; 31.5 Million Tokens Released for 30-Day Crowdsale with Time-Based Tiered Pricing.
Voxelus, the world’s first end-to-end virtual reality content creation platform and marketplace, has begun a public crowdsale of its unique in-game cryptocurrency, the Voxel, at sale.voxelus.com. The 30-day crowdsale is being facilitated by ShapeShift, a Voxelus strategic partner and investor run by iconic bitcoin entrepreneur Erik Voorhees. ShapeShift also recently facilitated the back-end for successful crowdsales for Augur (raising $5.2 million) and Spells of Genesis.
Fifteen percent (31.5 million) of all possible voxels will be sold during this time. The remaining 85 percent will be released over the next 20 years and will be used for development, content creator bounties, marketing and other corporate purposes. Unlike many cryptocurrencies which use crowdsales to build their token, the Voxel platform is already substantially complete, including wallets and internal mining pools, and will have its initial distribution of Voxel tokens following the crowdsale.
The schedule for the public crowdsale is as follows (all days schedules begin at 9 am pst and end at 8:59 am pst):
- Monday, November 2 (24 hours, starting at 9 am pst), 1,000 voxels per bitcoin
- Tuesday, November 3-11, 900 voxels per bitcoin
- Wednesday, November 11-22, 800 voxels per bitcoin
- Sunday, November 22 - December 2, 750 voxels per bitcoin
“Voxels are the official currency of virtual reality,” said Voxelus chairman and co-founder Halsey Minor, who previously founded or co-founded iconic companies CNET, Salesforce.com, Vignette and Google Voice. He is also founder and chairman of Uphold (formerly Bitreserve), Voxelus, and Reality Lab, which recently announced the first-ever 360-degree live broadcast VR camera.
Uphold is the world's leading cloud-based money platform. After the crowdsale, the voxel will join 24 other currencies and Bitcoin that members can move, convert, hold, transact and spend just like any of the fiat currencies supported. Approximately 22 percent of the world's publicly traded Bitcoin has been transacted on Uphold’s platform in less than 11 months, making Uphold one of the largest digital currency companies in the world. The Voxel will be the only cryptocurrency other than bitcoin supported by Uphold.
Voxels are the “coin of the realm” to purchase any of the thousands of digital assets, animations, games and immersive worlds on the Voxelus marketplace, which will go live in Q1 2016. Voxelus will offer a revenue share with content creators, 20,000 of whom have downloaded the creator software. Given the high cost of production prior to Voxelus and current paucity of available content, Voxelus co-founder and CEO Martin Repetto predicts that the Voxelus platform will quickly become the repository for the majority of the world’s VR content, including games.
Founded in 2015, Voxelus is a revolutionary platform that allows anyone to create Virtual Reality games, experiences and virtual spaces without writing a line of code. The platform consists of Voxelus Creator, a 3D design app for PC and Mac; Voxelus Viewer, which works on desktop PCs, Oculus Rift and Samsung VR devices; and the Voxelus Marketplace, which allows creators to sell and user to buy VR content and games for the Voxelus ecosystem, using the unique voxel in-game cryptocurrency.