Vizor, the content portal known as the “YouTube of Virtual Reality,” announced a private crowdsale of their own digital currency coin, the VIZR token, for late january.
The money raised from the crowdsale will directly fund the development of Vizor’s powerful Web VR technology, 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 crowdsale, Vizor will be launching on Koinify, the premier crypto funding platform, to 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," said Vizor co-founder Wendell Davis. “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.” Davis added that, “The crowdsale 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 onscreen 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. “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 Koinfy 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.
” BitcoinVox reached Davis Wendell for more information about the characteristics of VIZR. He explained that VIZR is a meta-coin built with Dogeparty, which is a port of Counterparty (XCP) to the Dogecoin (DGC) blockchain. VIZR is a user-created crypto asset that enables secure, trust-free transactions at high speed and low cost. Asked about the volume of coins, Davis told us that they "lean strongly towards a large volume of coin, because we think that encourages tipping".
Indeed, the Vizor team looks to raise development funds through a crowdsale of six billion VIZR token.
