What Is Victoria VR (VR)?
VR is the native token of Victoria VR, a virtual reality based on blockchain technology. If you want to see the current VR price, take a look at the Victoria VR price chart placed above.
The Victoria VR users will be able to play various games, visit virtual galleries, go on quests, fight in combat with other players, and do so much more. Besides, they will be rewarded with VR tokens for their participation in the virtual world. The end goal of Vitoria VR is to create a shared Metaverse where multiple virtual realities could be stored.
In addition to that, the Victoria VR crypto project plans to release the Big Market VR which will be a 3D NFT market. It will allow users to trade, sell, and buy any NFT items they want. It will even allow buyers to test products before paying.
However, users will also be able to make their own NFTs on Victoria VR in addition to purchasing or trading them. These, however, wouldn't be your typical NFTs; instead, they would have a purpose, like generating VR tokens or granting the user's avatar the ability to fly.
The whole virtual world of Victoria is built using Unreal Engine. It’s one of the most popular gaming engines that allows developers to create extremely realistic and high-quality graphics.
Lastly, note that, apart from making Victoria VR beneficial for regular users, it’s also planned to make it beneficial for businesses. How? The aim is to provide a space for businesses to sell and promote their services and goods in the virtual world. This way, it would be much easier for them to reach people all over the world, and it would allow Victoria VR to have its own economy.
The Founders of Victoria VR
The Victoria VR crypto project was founded by OndÅ™ej Dobruský and Adam Bém.
OndÅ™ej Dobruský is the CEO of the company. Dobruský said that he became an IT enthusiast when he was only six years old. Overall, he has long years of experience working as a technological expert in such companies as Skanska, Mironet.cz, Teleplan International, Creditinfo Group, Rio Media, and so on.
Adam Bém is the COO of the company. He is a tech entrepreneur who created the Automated Trading Algorithm when he was only in high school. Before even reaching adulthood, he rapidly expanded on initiatives involving artificial intelligence and the cryptocurrency industry, concentrating on blockchain technology.
Use Cases of VR Tokens
The Victoria VR token is the driving force behind the whole project. It has many use cases planned, including:
- Staking. VR holders will be able to stake their tokens to receive staking rewards.
- Governance. Victoria VR coins will allow users to become a part of the Victoria DAO. They will be able to vote and decide how the whole project should be developed further.
- Means of payment. VR tokens will be used to make any purchases on the virtual reality, including buying VR Lands (in the form of NFTs), various in-game assets, courses, and so on.
- Access to Victoria VR services. VR tokens will be used to access any services provided by Victoria VR.
- Reward. VR tokens will be utilized to reward users for being a part of the Victoria VR crypto project.
Though note that the Victoria VR price tends to fluctuate. This is crucial to understand if you plan to invest in VR tokens. Thus, you should consider analyzing the Victoria VR price chart placed above to determine the main trends of the VR value changes.