Why Virtual Reality is The Future of Entertainment
Let the numbers speak as a start, when it comes to estimating the future growth of the gaming market. According to a PwC report, the AR and VR industry was valued at $46 billion in 2019, and will grow by over 30 times by 2030. Let the year 2030 stand hereon as a new planning […]
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Virtual reality is an artificial environment that is created with software and presented to the user in such a way that makes it look as a real environment. The virtual reality industry is expanding faster than ever as new investments are being made to support future VR-based applications. The industry is now making big efforts to develop new approaches and new tools to improve the usability and allow anyone to explore the full potential of this new technology. Virtual Reality also seems to be the perfect place to use virtual currencies and now two companies are trying to bring digital....
Commentary by Mark Rees. Why Virtual Reality is different this time: The celebrated release in January of the Samsung Gear VR, co-created by Oculus, set into motion an official paradigm change. Mark Andreesen's early investment in the virtual-reality maker already is bearing fruit as the hot item is flying off shelves. And a newer, slightly improved version being slated for the release of the Samsung Galaxy 6 beginning in April. Virtual reality is not just about games anymore. By some accounts, the hottest ticket at last month's annual Sundance Film Festival in Park City, Utah was to the....
When Wendell Davis started building Vizor.io three years ago it was merely a tool for creating high-end web graphics. Then, three months ago on a trip to Helsinki with friends, he got his hands on an Oculus Rift headset for the first time. He had an epiphany, Upstart Business Journal reports. Also read: 2015 - Virtual Reality Gets Real. Vizor, "YouTube for virtual reality," isn't just a place for viewing augmented reality videos in a Chrome or Mozilla browser; it's a place to create those videos. More than that even, click "Remix" on an existing video and tweak it to your own....
VR (Virtual Reality) is no longer the stuff of gaming and other forms of entertainment. It is also now used in more serious things, like saving lives. Thanks to the use of high-tech headgear and advanced software – for the first time ever – surgeons from different countries worked tirelessly together in a “virtual reality operating room.” Their […]
Voxelus, which considers itself to be the world’s first virtual reality (VR) content creation platform and marketplace, has launched a Voxel Foundation to expand the use of Voxel, its in-game cryptocurrency. Voxelus will fund the foundation with a grant of 5 million Voxels, with as much as 10 million more Voxels in the future to support its mission, according to CEO Martin Repetto. The foundation will expand the cryptocurrency to work with a variety of games, networks, VR platforms, brands, advertisers and entertainment content providers. The foundation will support Voxelus adoption in....