NetVRk -Social Virtual Reality platform on the blockchain

Christina Handley
4 min readMay 22, 2021

When we talk about Virtual Reality, many of us think of science fiction films like ‘Minority Report’ However, the truth is that nowadays, this technology completely blends in with our daily lives. Video games, medicine, education… Virtual Reality is here to stay.

About NetVRk.

NetVRk is a social Virtual Reality platform on the blockchain, and it’s a combination of Virtual Reality and blockchain technology. NETVRK team effort to create a VR platform based on a universe model, with planets, cities, and interactions.NetVRk platform allows users to mimic real-world physical interactions and create VR content using NetVRk’s VR creation tools. You don’t require special skills or knowledge to use NetVRk’s VR creation tools. It’s simple as drag and drop. If you are a VR enthusiast, NETVRK is the best place to explore.

NetVRk VISION

To become the next evolution of the internet by offering the world a way to consume and create immersive experiences while monetizing and sharing content will result in an ever-expanding virtual metaverse.

NetVRk MISSION

Generate a unique and visually attractive world, ready to be explored, populated, and even reshaped to match all users’ needs. NetVRk’s users will be able to use their worlds for personal and professional purposes while enjoying a blockchain-based ecosystem that provides them with the tools to monetize their VR environments in a secure economy.

THE FUTURE OF VIRTUAL REALITY

Virtual Reality is one of the technologies with the highest projected potential for growth. According to the latest forecasts from IDC Research (2018), investment in VR and AR will multiply 21-fold over the next four years, reaching 15.5 billion euros by 2022.

Nowadays, the market is demanding applications that go beyond leisure, tourism, or marketing and are more affordable for users. Virtual interfaces also need to be improved, which makes particular solid objects appear as though they can be passed through. I think NETVRK has excellent potential to full fill such things.

INDUSTRY PROBLEMS AND NETVRK SOLUTIONS

PROBLEMS

  • Lack of Quality Content

Like real-world need more location to visit in a virtual world, that problem has not yet been fully solved.

  • Entry Issues

Creating VR content users requires learning new skills.

  • Lack of Monetization Options

SOLUTIONS

  • Using NetVRk VWGen technology is capable of generating an unlimited number of unique, fully interactive VR worlds. The ease of creating new worlds as soon as new users join the platform will assist with adding diverse content to NetVRk.
  • The VWGen editor allows everyone to get involved with VR, providing tools and functions to create VR applications quickly and efficiently within a sandbox environment.
  • NetVRk offers multiple means of VR monetization as well as rewards for participation. All users will benefit from all of VR under one roof, and there will be an array of possibilities from which to capitalize.

NETVRKTOKEN ECOSYSTEM

  • Buy Assets

In your VR world, you can buy assets using NETVRK Token, such as buildings, vehicles, houses, and many more things that can found in the NETVRK market.

  • Buy Land

It’s just like real-world NETVRK Tokens can be used to purchase land in the prime real estate

  • Buy Advertising Space

NETVRK tokens can be used to buy advertising space and you can earn passive income.

  • Generate NFTs

The token can also be used to generate Non-Fungible Tokens (NFTs), yet another way of earning additional income.

  • Staking

Another way of earning a passive income with the NETVRK token can be done via staking, which pays stakers a fixed percentage of profits based on staking their tokens in the network.

Feel free to follow NetVRk online!
Website : https://netvrk.co/
Whitepaper : https://whitepaper.netvrk.co/
Twitter : https://twitter.com/NetVRk1
Facebook : https://www.facebook.com/NetvrkVR
Instagram : https://www.instagram.com/netvrk
Medium : https://netvrk.medium.com/
Telegram : https://t.me/NetVRk_Official
Discord : https://discord.gg/baAhdCHUnb

Author
Forum Username: sasiduwara
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2672414
Telegram Username: https://t.me/Cal_Handley
ERC 20 Wallet Address: 0x0D03a6E239754c51D08946E675E38D93Ac6DaeD8

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