$10 000 000
This is an epic, story-driven open world game in the Living VR powered by Artificial Intelligence (AI), Virtual Reality (VR) and block chain technologies which enable the users to connect with their friends and embark on emotionally engaging grand adventures in a living world.
The platform leverages multiple technologies enabling it to create an entirely new entertainment experience that helps in driving the future of virtual creation, social and gaming making the project vital and I would highly invest in it.
Virtual reality has seemingly limitless possibilities, this is certainly true when combining the described features of their project into one application. It's machine learning, artificial intelligence and augmented reality all wrapped up into a virtual adventure supported by blockchain technology. Current products out on the market lack the appeal that VU is trying to leverage. We can only hope that their product can sustain the hype with an intuitive and functional game that immerses you into a reality similar to the plot of HBO's Westworld.
The game mechanics will promote excellent use of the token by creating a marketplace for virtual land and goods, this could see well for the future token price. This virtual reality project is still in it's infancy so there will likely be little to no short term profit from this ICO, staying in it for the long haul is your best bet, that is only if you truly believe in the technology and the team behind it. Because as far as we know, the only reasonable development over the last 5 years is a Grand Canyon VR prototype.
Differentiation: The platform differentiates itself from competitors by aiming to introduce artificial intelligence (AI) to create dynamic environments based off of biometric data that is collected from the user in real-time. Additionally, the platform will emphasize story-telling. The team wishes to build a product that allows the user to participate in world-building (akin to Minecraft) with the use of “co-creation”, a “set of creative mechanics that will allow users to create, customize, and optimize their experience inside the game.”
Market Penetration Potential: The VR market is far from developed. An application of VR that has massive widespread appeal has yet to be seen. As a result, the likelihood of gaining significant share of the market is considerable.
Solution Advantage: The two largest advantages of the platform compared to other VR ecosystems that utilize cryptocurrency is the ability to have dynamic environments via AI and biometric sensors as well as the co-creation aspect of the platform which allows users to “create, customize and optimize their experience in the game”. Additionally, VU further differentiates itself from other similar projects by emphasizing storytelling elements via MicroStorie.
Long-Term Vision: The whitepaper presents virtual-reality as a true paradigm shift in user-experience as opposed to leveraging it as a means for investment funding.
The project is based on a multiplayer game with the use of virtual reality technology.
Strengths of the project:
Weaknesses of the project: