NFT/Metaverse/Blockchain initiatives have taken over the globe. That is something we are all aware of. However, you would be glad to know that Victoria VR is a step above the others. Everything that Victoria VR does is centered on supporting those communities, not only in terms of discovery but also in terms of purpose. Virtual reality metaverse (VR metaverse) residents and visitors may look forward to new missions, minigames, contests, and awards being added on a daily basis. That is the sort of world that endures because it is the type of world that has long-term worth — a world that does much more than survive; it flourishes and contributes to the protection and growth of assets throughout time.
Victoria VR is the world’s 1st Blockchain-based multiplayer online role-playing game in Vr Technology with Realistic Graphics, developed on the Unreal Engine and owned fully by its players. Everything has been designed to serve as a global platform for virtual reality (VR), decentralized apps (DApps), gaming, and the 3D internet.
Games, missions, and endless adventure await you in the Victoria VR World. You may even trade NFTs in 3D at The Big Market VR. Virtual reality gamers will be awarded for every action they do in the virtual world. Victoria VR aspires to establish a unique Metaverse of multi-dimensional interactivity in which users may connect with never-ending digital information. Work, leisure, entertainment, and ultimately living will all be possible in the Victoria VR Metaverse.
Their strategy is to bring together the constantly expanding community of cryptocurrency enthusiasts with an existing substantial gaming community. Victoria VR has a wealth of games and world-building expertise. We’re creating something with our team — individuals from the game industry’s upper echelon who understand the field, are familiar with it, and have learned through experience how to establish communities and entertaining content. They have a staff of over 80 developers and designers working together to create a virtual environment that is as lifelike as possible.
Everyone can be a creator in Victoria VR’s virtual reality universe of 360-degree experiences. Your fantasy of owning a piece of the future world may come true in this universe. Victoria VR enables both players and viewers to become rich and influential by catching them straight into the plot with realistic images in 3D. They’ll be showcasing much more of what they’re doing in the Victoria VR Metaverse as the year progresses and illustrating how it’s coming online.
How does Victoria VR Work?
Victoria VR operates by establishing its virtual economy. To market and sell the stuff and services, traditional companies look for places to shop. You may acquire virtual land and build virtual items like real-world property ownership. Builder tools make it possible for you to create everything you can imagine.
The second option is via the selling of NFTs. Under Victoria VR, NFTs serve a valuable role in addition to their visual appeal. To put it another way, they are assets that may be used to represent a range of objects. There are several benefits to owning or selling a non-fungible currency (NFT). When you profit from the sale of your VR tokens, they might create more for you. Furthermore, in the Victoria VR world, users may edit, mix or completely create new NFTs.
TheBigMarketVR, the largest 3D marketplace for all NFTs, allows users to exchange NFT’s. Thanks to market forces, a new level of ambition in NFT trading has been achieved. All 2D NFTs in the market are now 3D because of another dimension in the marketplace. Moreover, you may check out other people’s artwork in their VR Gallery or upload your work. People who enjoy having fun aren’t left out. Users may use Victoria VR to explore the greatest commercial and user-generated VR activities and videos. While having pleasure in the Victoria VR environment, you may earn prizes that you can use to access new and interesting features.
An annual interest rate of up to 18% is available to those who participate in this platform. In order to keep the process going, the money earned through staking may be utilized to purchase real estate, homes, and NFTs. The economy of VR is unbounded, with a deflationary locking mechanism. There is no need for outside funding since the system is self-sustaining because customers gain tokens either by staking or by participating in platform activity and spend the same. Users on the network increase demand for VR Tokens while stakers reduce supply and enjoy huge rewards.
Team Behind Victoria VR
Victoria VR was started in 2018 by Adam Bém and Ondej Dobrusk. They worked together to start the company.
In addition to being a digital pioneer and problems fixer, Adam also serves as the company’s Chief Operating Officer (COO). He is a blockchain specialist and Virtual Reality propagator with more than five years of experience managing projects, strategy development, project presentations, and crypto technology.
When it comes to creating new technologies, Ondrej, Victoria VR’s CEO, has more than a decade of expertise. As a leader and builder of dream teams with more than a decade’s worth of experience in the gaming and VR industries, as well as a Game Architect since 2018, his expertise spans a wide range of fields. Victoria Virtual Reality has been in the works since 2018. Since then, Victoria VR has grown significantly, employing over 70 people in a 1,200-square-foot office, with many more on the way.
What Sets Victoria VR Apart?
Numerous freshly developed technologies came together to build Victoria VR’s completely scalable and adaptable platform. Token holders and proprietors control Victoria VR. As a result of their participation, they have a say in how the world operates.
Aside from the typical Play-2-Earn system, Victoria VR has adopted the Live-2-Earn model, compensating users and stakeholders alike for their participation in the game. Additionally, we can all agree that the visuals are top-notch. For the best VR experience, they are accurately created using Unreal Engine.
As the last point, Victoria VR is a virtual reality experience that attracts many people. Everything from business to fun may be done here, and it’s all free. In a nutshell, there is something for everyone.
What is Unreal Metaverse?
The metaverse is a global online universe, a three-dimensional internet in which users may do whatever they want, and there is stuff for everybody. That will have a profound effect on how we spend our time and our lives in the future.
Victoria VR is the world’s first Blockchain-based massively multiplayer online role-playing game in Virtual Reality with Photorealistic Graphics. It is powered on the Unreal Engine and produced and owned entirely by its players. To create a 3D network, the whole world has been designed to be a global platform for virtual reality, gaming, and decentralized apps.
There are games, missions, adventures, digital exhibits, and The Big Market VR, where you may trade NFTs in 3D, all available in the Victoria VR World. All of the users’ actions in the virtual world will earn them points toward a prize. As part of the Victoria VR Metaverse, members will engage in three dimensions with an infinite amount of digital material. Working, relaxation, education, entertainment will all be possible in the Victoria VR Metaverse.
“Unreal” technology combines the finest of various freshly developed industry technologies, polished according to their technical knowledge, including Unreal Engine, Blender, Houdini, and Rokoko. DELL has adapted all of the technologies used by Victoria VR to be compatible with Unreal Engine. Unlike other solutions, Victoria VR provides a way to link all virtual spaces and platforms.
Victoria VR’s visuals will be unmatched due to the newest Unreal Engine rendering technology, ensuring the best possible VR experience. It’s a novel way to produce spectacular effects. It’s a “Play-2-Earn” system that pays users and investors for engagement. Playing in Victoria VR requires no prior understanding of cryptography. You don’t need any coding skills to create virtual worlds.
Victoria VR has developed a revolutionary new virtual reality fighting system in-house. NFTs may be created, modified, and combined by users. The NFT Gallery is where artists may display and sell their digital works. Safely Exchange NFTs in The Big Market VR, a 3D NFT Market. Users are encouraged to return to Victoria VR because of the Quest System. Victoria VR will remain flourishing even if the initial developers are no longer there.
The broadest range of commercial and recreational users may benefit from it. Partnerships, Entertainment, and New Marketing Strategies are all examples of commercial collaborations. There is no real-world restriction on expressing original ideas by professionals such as architects, artists, and painters. Owing to its one-of-a-kind server technology, the World of Victoria VR is completely upgradeable and expandable. With the DAO, participants of Victoria VR will be able to make decisions about how the virtual environment operates, allowing them to take charge of its future development.
Ecology Of Victoria VR
Quests are among the most important components of the VR World. They are useful for individuals since they bring up novel and creative avenues for interaction and knowledge sharing. Quests reward users with a range of unique items, which motivates them to keep engaging so that they don’t miss out on several chances to get these items. It is expected that quests would be limited in duration or number of people involved. Users may experience the advantages of VICTORIA VR in general due to Quests, which will offer up exciting opportunities for them. Assets are needed for the development and manufacture of structures and products (other NFT)
Various buildings, mines, and mining-related technology may extract resources, whether manually or mechanically. They may also be acquired on the tertiary markets from other individuals (TheBigMarketVR) or directly from the central storage in the case of a shortage. Avatars feature realistic images and are entirely configurable. This allows users to design practically anybody. NFTs are used to represent avatars, and players may have many avatars. Unique customized features are awarded to players who complete quests or partake in competitions.
The NFT tokens of all wearables are on the blockchain. Wearables may be purchased via missions, tournaments, and TheBigMarketVR.com. Depending on the wearable, the capabilities might vary greatly. The objects are all NFTs built on the blockchain. Some artifacts that may be used as décor or as instruments include mining equipment, keys to different locks, treasure maps, firearms, autos, and flying boards.
Play-to-Earn has evolved into Live-to-Earn.
For the first time in history, cryptocurrency has the potential to alter the lives of the majority of people fundamentally. When it comes to forming the “leisure income,” metaverse takes it a step further by rewarding people and producers with appreciating goods, which means that engagement may become a source of money.
The token has a major impact in this situation: There are no limits to what the Victoria VR token may be used for since it manages the ever-expanding Victoria VR decentralized autonomous organization (DAO). The VR token may be used for:
- DAO
- Staking
- Advertisements
- Leasing
- Buying VR Lands
- Transport
- And additional Extras
Players are paid for their efforts, completing missions, playing games, discovering the environment, constructing, etc. However, the goal of this model is for it to evolve into a Live-2-Earn one, where individuals may work, relax, study, and have fun, all while making money.
The staking scheme included in Victoria VR gives 20 percent APY. Moreover, 50 percent of Victoria VR’s profits for selling assets in-game is returned to the reward pool, guaranteeing the rewards pool remains limitless, and the driving ecosystem is never-ending. In December, VR farming would be accessible only on Orion Terminal in advance of the debut of Dynamic Staking.
Tokenomics of Victoria VR
Here is a list of the project’s tokens: The total number of VR tokens in circulation is 676,997,200, with total availability of 16,800,000,000. The allocation of VR tokens is as follows:
- Golden Ticket for Virtual Reality – 6.8 billion Vietnamese dongs.
- 8.8 billion people are in VR’s rewards group.
- Around 1,2 billion people are to be impacted by development.
VR has 6.8 billion VR Gold Ticket tokens, of which 5 billion are designated for token transactions, and 1.8 billion are for strategic purposes. An estimated $800 million of the token sale proceeds will go to the VR token’s development team. In comparison, $380 million will go to its marketing arm, and $20 million will go to the project’s advisory board. Seventy-eight percent of VR’s 8.8 billion Reward Pool goes to clients, 18.5% to producers, and 3% to new project creation in VR.
Outlook and Price Prediction of Victoria VR
The possibilities of a virtual project’s success skyrocket when the Unreal Engine drives it. A large part of this is due to the company’s recent appearances in nearly all of the highly popular games available today. With Unreal Engine, you can anticipate games such as Fortnite, Injustice 2, Gears Of War, and many more of the highest quality. As a result, large investors consider this when evaluating potential investment opportunities.
As indicated by VR’s official whitepaper, the worldwide gaming business is expected to be valued at roughly $256.97 billion by the next five years. By 2030, this amount is anticipated to reach over $1.2 trillion. Because of this, the value of everything having to do with the gaming sector will soar. Furthermore, as previously mentioned, the Unreal engine’s unrivaled capabilities mean that VR tokens have promising potential in the gaming business.
Investors are putting massive amounts of money into virtual real estate, which is a big craze in the cryptocurrency market right now, in addition to gaming. With the help of Unreal Engine, Victoria’s metaverse strives to improve the user encounter so that users may create, construct, and trade in an ever-changing virtual world.
Anyone may acquire virtual properties and lease or trade them using VR in-game money. The value of the VR token will rise in the coming years if many people use it to purchase and sell goods and services in the virtual reality metaverse.
As soon as the VR token was listed on Kucoin, its price soared to $0.5 before tumbling to a low of $0.6692 as some investors grabbed profits. The VR token’s price is currently hovering around $0.4. Despite a lack of technical indicators, the present trend predicts that the VR coin will soon hit a new record. In addition, this is expected since Bitcoin (BTC) appears to be rebounding, and we all understand that the lord of cryptocurrencies raises with it.
According to VR token expert research, the short-term goal for VR token is $1. Nevertheless, after seeing the rapid development of tokens like MANA and SAND, which are also built on the metaverse idea, a long-term aim of $5 is not out of the question.
Conclusion
To conclude, the Victoria VR project has a strong team, innovative technologies, and a vibrant community. It also relies on the strength of the metaverse, VR technology, and blockchain, all of which have the potential to make it a long-term success. But not to forget that Cryptocurrency markets are very volatile, so conduct your investigation and be cautious.
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