Victoria VR, a pioneering crypto-meets-virtual reality developer, is set to unveil the inaugural metaverse app designed by a blockchain-centric entity for Apple's cutting-edge 'Vision Pro' headset. Scheduled for release in the second quarter, this project boasts ultra-realistic graphics and immersive gameplay, seamlessly integrating with Vision Pro's advanced technologies, as articulated in the company's official statement.
The app, slated for launch this year's second quarter, constructs a sophisticated digital realm that not only highlights the extensive capabilities of Apple Vision Pro but also underscores the prowess of Web3 technology, as articulated in the release. Apple's recent foray into the virtual reality realm with the Vision Pro headset, available since February 2, positions it as a formidable competitor to Meta's established "Meta Quest" headset, showcasing ongoing interest in VR despite waning metaverse enthusiasm.
Victoria VR's metaverse hinges on the VR token, an Ethereum-based ERC-20 standard cryptocurrency that incentivizes active users and stakers. In an innovative approach, half of the proceeds from in-game asset sales will be distributed to stakers and engaged metaverse participants, fostering a robust in-app economy. The VR token has experienced a remarkable 60% surge in the past 24 hours, boasting a market cap of $103 million according to CoinMarketCap data.
A commitment to accessibility is evident in Victoria VR's vision, with citizens earning VR tokens through participation rather than a pay-to-win model, as outlined in the project's white paper. These ERC20 tokens form a crucial revenue stream during the project's initial phases, ensuring a broad and inclusive user base for Victoria VR.