Price of Victoria VR Soars 80% Following Launch of CQB Arena

UTC by Godfrey Benjamin · 3 min read
Price of Victoria VR Soars 80% Following Launch of CQB Arena
Photo: Victoria VR / Facebook

Victoria VR allocates 50% of revenue from in-game asset sales into a rewards pool, benefiting stakeholders and active participants in the Metaverse.

Victoria VR, a pioneering Virtual Reality (VR) developer, has witnessed a remarkable 82.6% surge in its price within the last 24 hours, propelled by the unveiling of the CQB Arena, a dynamic multi-level gun battle simulation and training arena in VR.

VR’s Meteoric Rise

The VR token is currently trading at $0.06409, boasting a market capitalization of $181 million and a 24-hour trading volume that has skyrocketed by 384% to $12.4 million. The CQB Arena, now accessible on App Lab and SideQuest platforms, offers players an immersive and adrenaline-pumping close-quarters battle experience.

Drawing inspiration from real-life Close Quarters Battle (CQB) scenarios, the game challenges players to navigate and conquer challenges such as clearing buildings, neutralizing threats, and executing hostage rescue missions. Each level presents unique obstacles, pushing players to test and hone their tactical skills.

One of the standout features of the CQB Arena is its diverse arsenal, which includes rifles equipped with multiple modifications, allowing for a highly customizable combat experience tailored to individual preferences.

This level of customization adds depth and excitement to the gameplay, ensuring that players are constantly engaged and challenged.

Victoria VR to Launch Metaverse on Apple Vision Pro

Adding to the fervor surrounding CQB Arena, Victoria VR recently unveiled plans to launch the first-ever Metaverse application on Apple Inc’s ( NASDAQ: AAPL) Apple Vision Pro. This announcement has sparked considerable anticipation within the gaming and crypto communities.

Leveraging blockchain technology, Victoria VR has created a Metaverse where users have complete control over their virtual experiences. The Metaverse boasts ultra-realistic graphics and immersive gameplay, which will be able to supplement the cutting-edge technologies of the Apple Vision Pro.

Scheduled for release in the second quarter of 2024, Victoria VR’s Metaverse promises an unparalleled virtual reality experience. Built on the powerful Unreal Engine, users can expect a rich and expansive virtual world where they can trade and own virtual lands as Non-Fungible Tokens (NFTs), setting a new standard for immersive and interactive virtual environments.

The upcoming Web3 application on the Apple Vision Pro transports users to a virtual world inspired by the five elements of nature, offering a diverse array of entertainment, exploration, and educational opportunities within the Metaverse.

The VR Token

At the heart of this virtual economy lies the VR token, which facilitates transactions within the digital universe and rewards users for their contributions to the virtual ecosystem.

Victoria VR allocates 50% of revenue from in-game asset sales into a rewards pool, benefiting stakeholders and active participants in the Metaverse. These incentives foster a vibrant and thriving virtual community, driving sustained growth and innovation within the Victoria VR ecosystem.

Launched via KuCoin’s platform, the VR token witnessed an unprecedented debut, surpassing $100 million in trading volume on its first day. Within the first month, its value surged by 212 times, solidifying its position as the primary currency within the Victoria VR universe. The VR token enables users to purchase items, resources, skins, wearables, and lands, fueling the in-app economy and driving engagement within the Metaverse.

News, Technology News, Virtual Reality & Augmented Reality News
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