VRT World Launches Market Place Alpha Version

VR Technologies, a Singapore-registered company focused on virtual reality (VR), has launched an alpha version of blockchain-based VRT World Marketplace that facilitates the creation of virtual-reality content without restricting developers to a single company or type of device.

VRT World Marketplace is centered around an easy-to-use SDK (Software Development Kit) and an API (Application Programming Interface).

"SDK supports dynamic adjustment to the size of the player, like, if a child plays, the character will be small and for an adult, the character is bigger," says VR Technologies CTO Dmitry Livshin. "It also supports movements, such as squats and jumps by changing the height of the helmet, displays walking animation when the player moves around the room and allows interaction with various objects in virtual reality using more than 20 mechanics."

According to Livshin, the SDK has three variations: for work in virtual reality parks, written under Unreal Engine 4, for the home full-body tracking system using HTC VIVE and for working with Oculus Rift for Unreal engine.

During the next phase of development, VR Technologies will concentrate on creating an infrastructure for the SDK.

"For example, we will make assets of interactive objects that immediately have the necessary functionality for work," says Livshin. "Additionally, we will create the functionality stated in our WP for remote testing with our SDK for parks and an emulator for developers."

From March 14 to April 30, 2018, a sale of tokens is under way for VRT World, a project that includes VRT World Marketplace and a franchise for VR Park, an "offline gateway" into the marketplace, which allow outside developers to sell their content without purchasing costly equipment.

From December 5, 2017 to January 5, 2018, VR Technologies ran a successful token pre-sale, raising $721,000 with 294 contributors from 21 countries. The total funding exceeded $1 mln, including $350,000 raised in a limited token pre-sale to a group of private investors in September 2017. From the token sale, VR Technologies expects to raise up to $16 mln, which is the hard cap.

In March 2018, VRT World entered a partnership agreement with The Bancor Network, a decentralized liquidity network for holding and converting digital tokens.

Among VRT World's other partners are Hubculture, Spacebit, Optitrack, GMT Legal and Singapore Bitcoin Club.

On April 8, VRT World it taking part in Blockchain Innovation Technology in Korea event in collaboration with our Korean partners.

Investors can participate in the pre-sale via VRT World web site at http://vrt.world/#tokensale. Additional details of the project can be found in the white paper available at http://vrt.world/wpvrAlbum_EN.pdf

In addition, investors can register for the whitelist and secure a 3% bonus. Those who will buy tokens on days 1-3 are entitled to a 20% bonus and those purchasing tokens on days 4-11 will get a 15% bonus. From day 12 through the end of the sale, a 10% bonus will apply.

Investors interested in acquiring a franchise or looking for a special offer, contact us at Telegram account @Sevil_Baer

Please, address all requests for comments, interviews or any additional information to business@vrt.world or directly to the project's СOO Sevil Baer at sevil@vrt.world

To receive the company's news and updates, subscribe to VRT World's Telegram group: @vrtico

About VR Technologies

VRT Technologies is developing VRT World, a decentralized global platform for virtual reality, which aims to bring together developers, consumers, and investors in the VR sector from all across the globe. The company is run by an experienced team with a substantial track record in VR and broader digital technologies. The company has offices in Moscow and Singapore.

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