Place/Date: London, UK - March 28th, 2018 at 4:18 pm UTC · 3 min read
Origin Protocol is a technology company based in San Francisco which offers a sharing economy marketplace, allowing buyers and sellers of fractional use goods and services to transact on a distributed open network. It’s is backed by renowned capital investment company Pantera Capital which focuses on lucrative blockchain startups.
ImmVRse aims to become one of the largest decentralised creative platform, that will enable virtual reality content creators to showcase their talents and offer services to businesses around the world using a peer-to-peer system executable using smart contracts.
Whilst centralised platforms possess risks of server downtime and data hacks, ImmVRse aims to develop a distributed application that will offer cryptographically secure process to encrypt sensitive user data, and index information on decentralised nodes using Interplanetary File System (IPFS) gateway.
By utilising Origin Protocol’s open-sourced platform built on the Ethereum blockchain using HTML and JS, ImmVRse can deploy these functions seamlessly and effortlessly. As a result, the development lifecycle period will be shortened drastically.
This partnership will also enable ImmVRse to collaborate with the Origin’s engineering team, in order to build the envisioned autonomous platform.
Evidently, by building on Origin, ImmVRse will facilitate VR content creators and users to secure their assets, assist in shifting control of economy to its users by creating a decentralised moderation platform, and offer benefits to a largely unbanked population around the world.
Coleman Maher, Partnerships at Origin Protocol commented;
“Origin Protocol is excited to support decentralized marketplaces offering a variety of goods and services. ImmVRse’s virtual reality content marketplace is an exciting and unexpected idea for us. We hope that we continue to be surprised by the types of marketplaces and applications that will utilize Origin Protocol technology.”
Farabi Shayor, Co-founder and CEO, ImmVRse added;
“The partnership with Origin Protocol offers numerous opportunities to integrate our vision of creating a content driven platform for the VR industry. Through collaboration, we can enter the market sooner than forecasted and we look forward to creating a longstanding mutual strategic partnership.”
ImmVRse envisages that this alliance with Origin Protocol will allow it to fulfil its long-term vision in building the most efficient and effective blockchain-based VR marketplace and platform for hiring VR content creators.
ImmVRse is a decentralised VR content sharing platform that will allow VR content creators, brands and advertisers around the world to inspire, collaborate, and produce some of the highest-quality VR content available online. ImmVRse is backed by an ensemble of experts from a range of sectors, including relevant technologies, IT Management, VR, computer security and blockchain development.
Origin is building the sharing economy of tomorrow. Buyers and sellers will be able to transact without rent-seeking middlemen. It’s core belief is lowering transaction fees, reducing censorship and regulation, and giving early participants in the community a stake in the network. Origin has received private funding from Pantera Capital.