Victoria VR on Track to Launch First Multiplayer Metaverse

UTC by Godfrey Benjamin · 3 min read
Victoria VR on Track to Launch First Multiplayer Metaverse
Photo: Victoria VR / Instagram

In the Victoria VR metaverse, users have access to a piece of virtual land that they can use to build or create whatever they want.

Victoria VR, a blockchain-based platform that prides itself as a one-of-a-kind virtual reality ecosystem, is set to launch the world’s first multiplayer metaverse. According to a press release shared with Coinspeaker, Victoria VR will operate using the merits of blockchain technology to create a world that will be in the total control of its users.

Advances in technology and virtual reality are continually gaining more expression in blockchain innovations. Startups like Victoria VR are harnessing the decentralization capabilities of blockchain technology to bring unique use cases to virtual reality. According to the shared release, the proposed VR will be based on an “Unreal Engine, and it is designed to be a universal platform for all virtual realities, games and decentralized applications, collectively creating a metaverse, with enhanced user satisfaction.”

With Victoria VR, users can also complete quests while having access to more traditional decentralized finance offerings including but not limited to staking. The platform boasts that engagement with its ecosystem offers one form of reward or the other.

What Specific Access Do Users Have in Victoria VR Metaverse?

In the Victoria VR metaverse, users have access to a piece of virtual land that they can use to build or create whatever they want. The lands will come in a 10 by 10 meters size, and on it, churches, schools, casinos, and any other real-world monument can be recreated. The virtual lands can also be turned into an education platform, through which a visualized educational content can be created.

The Victoria VR world will also present a quest challenge that can turn highly fun-filled and productive for anyone who decides to complete them. The completion of the quests comes with a complimentary reward offering, which as noted will make users come back for more experience.

VR will also offer a revolutionized Non-Fungible Token (NFT) assets that will go beyond just mere decorations as found in related platforms. The NFTs in Victoria VR can give holders superpowers while possibly generating more tokens for the owners. The NFT resources can be sold with the likelihood of making a good profit.

While the metaverse presents an integrated marketplace dubbed TheBigMarketVR for the sale of all things virtual from 3D to 2D items, a browser plugin will be embedded so that anyone can access the web through it.

To cap it, the platform will rely on a Portal system to connect all VR projects, games, and worlds, in a collectively created metaverse – a shared virtual realm, the 3D internet, and the system is bound to function as a Decentralized Autonomous Organization (DAO).

The Role of VR Tokens in the Metaverse

The entire system will be governed and sustained by the VR Tokens, which is currently undergoing a presale on Dexfin ahead of the platform launch. Purchasing lands, NFTs, or the selling of all items associated with the Victoria VR platform will be done using the tokens.

The tokens are deflationary in nature and can be staked during this presale or before the launch of the platform at 20% APY, and at 18% APY after launch. The entire design of the tokens is bound to increase their valuations over time.

The easy-to-use tools for creating items on Victoria VR and the host of offerings that abound will give an experience aimed at helping to heal the world following the social distortions caused by the COVID-19 pandemic.

Altcoin News, Blockchain News, Cryptocurrency News, News
Related Articles