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Apple Vision Pro’s Foray into the Metaverse
Apple’s highly anticipated Vision Pro headset is set to make waves in the virtual reality (VR) world with an upcoming metaverse app developed by Victoria VR, a company at the forefront of crypto-meets-VR innovation.
Victoria VR Metaverse App Showcasing Apple’s Advanced Technologies
Scheduled for release in the second quarter of this year, the Victoria VR metaverse app aims to showcase the capabilities of the Apple Vision Pro headset. With ultra-realistic graphics, the app is expected to highlight the advanced technologies of the device, providing an immersive experience for users.
Powering the Victoria VR Metaverse: VR Token and Web3 Technology
The Victoria VR metaverse operates on the VR token, an Ethereum-based cryptocurrency following the ERC-20 standard. Active users and stakers of the VR token will be rewarded, and half of the revenue from in-game asset sales will be redistributed to participants. The move aligns with the principles of Web3 technology, emphasizing decentralization and community engagement.
Victoria VR’s Inclusive Approach: A “Pay-to-Speed” Model
Victoria VR prioritizes inclusivity in its metaverse, adopting a “pay-to-speed” model over a traditional “pay-to-win” approach. Users can earn VR tokens simply by participating in the metaverse, creating an environment accessible to all participants.
Metaverse Interest Surges: Apple vs. Meta Quest
As the metaverse gains momentum, Apple Vision Pro enters the competition against Meta’s (formerly Facebook) Meta Quest headset. The strategic partnership with Victoria VR positions Apple as a contender in the evolving metaverse landscape.
Meta’s Reality Labs: Significant Loss Amid Metaverse Development
In contrast, Meta’s subsidiary Reality Labs, focusing on metaverse development, reported a substantial operating loss of over $4.6 billion in Q4 2023. While gaining attention, the metaverse sector faces challenges and skeptics, as evidenced by Disney’s decision to eliminate its metaverse division.
The collaboration between Apple Vision Pro and Victoria VR signifies a significant step in converging blockchain and virtual reality, presenting potential opportunities and challenges in the ever-evolving metaverse landscape.
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