The coupling of blockchain technology with VR/AR has opened up new possibilities for this industry. Content creators can now sell their real-life or VR content through a new channel, letting the power of blockchain handle copyright and identity. Smart contracts can deal with details pertaining to actual transactions.
This list ranks the top VR/AR tokens based on factors such as market cap, daily trading volume, and high-profile partnerships with industry participants and content creators.
|Token||Description||Market Cap (USD)||Daily Trading Volume (USD)||Amunt Raised Through ICO (USD)||Twitter Following||High-profile Partnerships||Score|
|MANA (Decentraland)||Decentraland is a virtual reality world, owned by the people who use it. Users can buy virtual land for MANA. They can create their own VR experiences and then resell them within the ecosystem. MANA is the ERC20 native currency of the world. The project is aimed at artists, gamers, and content creators interested in exploring this relatively new way of monetizing content.||49550000||8293347||25000000||45,400||3||4.5|
|VIBE (VibeHub)||VibeHub specializes in photorealistic hologram performances, covering education, comedy, and music. Users can sell their experiences through the platform for VIBE tokens. The platform also carries a social media tinge, with Facebook-like profiles and posts.||7047737||456776||1000000||20,500||3||3.5|
|CEEK (Ceek VR)||Ceek VR has created a new way for the masses to consume real-time entertainment. Having partnered up with an impressive number of celebrities such as Lady Gaga, U2, and Katy Perry, Ceek offers virtual concerts and shows. Sporting and charity events will apparently be added in the future, together with lectures. Experiences are sold for CEEK, the native currency of the platform. CEEK makes it possible for celebrities to launch their own branded tokens.||1687451||16994||17344575||42,500||5||3|
|MRK (MARK.SPACE)||Powered by the MRK ERC20 token, MARK.SPACE is a full ecosystem designed for the creation of VR/AR/3D spaces and objects. Billed by some the coupling of "bad VR with bad crypto", MARK.SPACE has not delivered a good bang for the buck for early investors.||2673412||128557||10650000||2,560||1||2|
|RVR (RevolutionVR)||RevolutionVR started out as Voxelus, raising a then-record $350,000 through a presale round. Problems plagued the ICO that followed. The project now uses its own blockchain and RVR tokens. Aimed at making it possible for everyone to create VR content, the platform hosts a multiplayer game and a marketplace where in-game items can be traded for RVR.||1976264||10526||350000||11,500||1||1.5|
|GZE (GazeCoin)||GazeCoin offers a VR environemnt where brands can purchase advertising campaigns through GZE tokens. Some of these tokens then trickle down to users who engage with the content. There is special emphasis on rewarding only actual engagement, so advertisers get fair value for their investment.||0||0||6215827||1,992||1||1|
Decentraland Offers a Peek at a Decentralized, VR-Based Future
The virtual realm built by Decentraland and powered through the MANA token is a blockchain utopia.
Users of the platform can buy virtual land, can create VR content, and can sell/buy it. They can even launch virtual businesses, which generate very real revenues. Creators retain full control over their content at all times. No central entity handles any part of their data.
Decentraland has 20,000 token holders who are presumably users of the platform as well. Through these lenses, the future does indeed look bright – if somewhat quirky.
VibeHub Is Already Pushing the Boundaries
VibeHub launched the first VR/AR blockchain-based marketplace. Through it, it has secured its place in the annals of VR/blockchain history.
It has subsequently expanded into gaming, education, comedy, and music. It has also embarked on revolutionizing social media.
The sky is the only limit to what this technology can accomplish. VibeHub may be a bit ahead of its time right now. It is, however, well worth keeping an eye on into the future.
Ceek Brings Lady Gaga and Bono into the VR/Blockchain Fold
Despite its relatively meager market cap, Ceek seems to punch well above its weight, clout-wise. The operation has struck up partnerships with many celebrities, as well as Universal Music, Apple, and some NBA teams.
It appears that the future of entertainment may indeed reside in Ceek City’s virtual sports arenas, concert halls, and theaters.
The Ceek team seems keen on implementing blockchain in as many features on its platform as possible.
Mark.Space – Alternative Reality Available through any Browser
Like most proper VR initiatives, Mark.Space aims to create a virtual world, complete with community spaces, clubs, shops, offices, cinemas, and all the other bells and whistles of the real world.
While the platform is compatible with any VR headset, its aim is to deliver its experiences through common browsers.
It remains to be seen whether this approach is the right one.
RevolutionVR Gets Great Early Traction but Bungles Advantage
Having started out as Voxelus, RevolutionVR enjoyed the early interest of investors. It raised a record amount of money for its VR/blockchain gaming projects.
Something went awry down the line though. Thus, the Voxelus team saw it fit to re-brand to RevolutionVR and the RVR token. The move squandered early investor trust and enthusiasm, so, at this point, RevolutionVR has more or less run out of momentum.
GazeCoin Brings Advertising to the VR/Blockchain Industry
The lifeblood of the business world, advertising has thus far been a red-headed stepchild for VR, mostly due to hardware constraints.
GazeCoin’s unique solution does away with that hurdle. Its template-based world generator can be viewed through legacy 2D websites. VR headset users can, of course, dive deeper into the experience.
VR and Blockchain Are a Match Made in Heaven
Both technologies carry massive future potential and they complement each other perfectly. The VR coins we reviewed here may not command much market cap yet. This is, therefore, probably the time to “get in on the ground floor” with some of the more viable-looking projects.
You can just watch how blockchain-augmented VR conquers entertainment, education, and who knows what else…or you can get involved if the investment opportunities meet your criteria.
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