The blockchain virtual reality (VR) space is rapidly becoming populated with a number of interesting projects, each with a unique twist on technology development. A few major names include:

Cappasity : Decentralized AR/VR ecosystem for 3D content exchange. ( read more )

: Decentralized AR/VR ecosystem for 3D content exchange. ( ) VibeHub : Virtual reality sessions including live performance recordings, music, offerings from celebrities and class lessons.

: Virtual reality sessions including live performance recordings, music, offerings from celebrities and class lessons. Indiesquare : VR game allowing users to watch bitcoin transactions occur in real-time.

: VR game allowing users to watch bitcoin transactions occur in real-time. Decentraland : VR virtual world with digital land that is actually for sale.

: VR virtual world with digital land that is actually for sale. Matryx: VR products for the pharmaceutical industry.

One project not included in the list is Voxelus, a platform that allows anyone, anywhere to create, share and play virtual reality games and experiences without writing a single line of code. Voxelus includes a bundle of free assets that you can use to design with more content coming out every week.

Voxelus recently underwent a rebranding event in March 2018, and is now going by the name RevolutionVR in order to “address a bolder vision and broader opportunity in cloud VR gaming, developing new games to showcase infrastructure.” With any rebranding event comes the opportunity for value creation, and RevolutionVR will likely look to capitalize on the momentum to expand their gaming platform

Interested in RevolutionVR? Here’s a quick rundown of the project:

Platform & Development

The RevolutionVR platform features two major elements: gaming applications and a unique asset marketplace.

Gaming Applications

While the project was initially focused solely on the Voxelus platform, where users can jump into and build their own simple universes using pre-designed or custom assets, they have since expanded to a broader range of applications following their rebranding event, in order to become a more ubiquitous gaming platform and currency.

As a VR gaming technology company we understand that only by utilizing the blockchain and expanding the application of our Voxel token, now to become the RVR token, can we solve the VR game industry’s biggest technology challenges.

To help achieve their cloud-based blockchain technological goals, Revolution as partnered with VideoCoin Network, a blockchain-powered global infrastructure for the encoding, storage, and distribution of video.

Apart of this broadening development is the launch of Xtraction Royale, an upcoming Battle Royale virtual reality experienced developed using the Unreal Engine 4 that pits players against each other on an island where the winner earns RVR tokens.

Xtraction Royale is aiming to be released as a Steam Early Access game for Windows PCs compatible with Oculus Rift and HTC Vive VR headsets during 2018. We expect a 1.0 final release by early 2019.

The current build of the Voxelus platform is available for download on your Oculus Rift and Samsung VR devices. It currently has a rating of 3.25/5, due in large part to reviews requesting more content. We anticipate that the amount of community-submitted content will increase dramatically as the larger RevolutionVR system expands.

Asset Marketplace

In an effort to simplify the VR universe creation, RevolutionVR has built out a community-driven asset marketplace that allows developers to expand their content library by purchasing 3D assets from designers all around the world. The marketplace is a curated online 3D asset store offering content compatible with the RevolutionVR platform.

Team

The RevolutionVR team, which is led by CEO Martin Repetto and COO Maximo Radice, look to be very capable to build out the larger vision detailed in their re-branding event.

Token Financials

RevolutionVR (RVR) currently has a market cap of ~$20 million with a circulating and total supply of 210,000,000 RVR.

Final Take

RevolutionVR is fresh off a re-branding event and looking to leverage the momentum to further expand their gaming platform.

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Disclaimer: The author(s) of this article may have a position in one or more of the securities mentioned above. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.