The team behind the ‘YouTube of VR’ platform looks to raise development funds through a crowd sale of six billion VIZR token. Vizor (vizor.io), the content portal known as the “YouTube of Virtual Reality,” announced today that the launch window for a private crowd sale of their own digital currency coin, the VIZR token, starts today and will last till late January.
The funds raised from the crowd sale will directly to the development of Vizor’s powerful Web VR technology. This is an integrated authoring toolset that makes it simple for anyone to create and share a virtual reality experience directly in their browser without expensive hardware or specialist technicians.
For the crowd sale Vizor will be launching on Koinify. Koinify is the premier crypto funding platform and Vizor is looking raise a minimum of $250,000. Anyone will be able to easily purchase VIZR tokens on Koinify with Bitcoins through its simple one-click process.
“We’ve now made it easy for any user to create and host their own virtual reality experiences in a familiar, YouTube-style content portal. Our VIZR token is fundamental to the core experience of Vizor. It enables developers to purchase premium building blocks (3D meshes, textures, code, etc) for their projects, while at the same time providing a medium of exchange in the VR world itself. Wendell Davis said to us.
The crowd sale helps us build an active and enthusiastic community that will be viewing, sharing, liking and commenting on these creative, immersive experiences. VIZR token can be traded for anything from virtual furniture in an apartment tour to a film “on-screen” at a virtual movie theater—the possibilities are endless, and no coding knowledge is required. The VIZR token can also be used to tip content creators, and purchase advertising and other premium features in the Vizor ecosystem”, Wendell Davis commented on their crowd sale.
Mr Davis continued: “The Vizor team is looking to drive mainstream adoption for cryptocurrency and virtual reality – two technologies that represent the future of computing, and make perfect sense when combined.” said Koinify Founder and CEO, Tom Ding. “We’re excited to help Wendell and his excellent team, along with early adopters, to power the future of immersive content creation.”
Now what is Vizor and VIZR? VIZR is a user-created crypto asset that enables secure, trust-free transactions at high speed and low cost. In addition to funding Vizor, the token can also be used for purchasing goods in the Vizor Create Store, a marketplace that offers creative assets like templates, textures, modules and sound effects that can be used to enhance a VR experience.
Users create, edit and publish their VR experience in the Vizor Create Programming editor, accessible directly in their own web browser. Vizor has also announced plans to bring digital asset exchange Melotic onboard and the company will be the first to offer the VIZR token for trade.
“We evaluate a number of promising projects, and VIZR stands out as a unique digital asset application with a great team,” said Melotic Founder and CEO, Jack Wang. “The potential for an in-browser VR experience combined with an exciting new digital currency is unlimited, and we are thrilled to provide users an opportunity to acquire and trade VIZR tokens through Melotic,” said Melotic Founder and CEO, Jack Wang.