Virt-U was founded by the team behind one of the world’s first global licensing and asset management platforms for digital entertainment. Virt-U is building its decentralised protocol for virtual world gaming. Also joining the team are blockchain and AI experts, along with game development veterans with decades of experience building games companies and virtual worlds. Virt-U is a decentralized, blockchain-based platform on Ethereum.
Technology has reached a point where game developers can cost effectively create convincing and engaging virtual worlds with thriving and dynamic communities. With fast improving AR, VR and AI technology these worlds are set to become even more immersive and pervasive. Players are already spending significant time and money immersed in niche universes where they lead alternate lives surrounded by other like-minded players. Year on year the number of users and game-players has increased, providing the opportunity for these communities to grow at an exponential rate.
Virt-U will provide game developers and gamers with a virtual world trading platform to securely register, track and transfer virtual assets. Game developers benefit from highly motivated players, resulting in increased organic growth, more frequent player sessions, increased user retention, engagement and most significantly, increased monetisation of all types of users. Gamers, for the first time, will have the opportunity to leverage their in game activity into real world financial gains on a secure and trusted platform.
Centred on a global, multi award-winning platform for the secure management of keys, the control of assets and distribution of digital entertainment, trusted and approved by many of the world’s biggest content owners, the Virt-U team has been busy building Proof of Concepts this year in preparation for its Alpha release. By transforming this powerful, proven and scaled platform to a decentralized, blockchain-based platform and benefiting from its studio relationships the Virt-U team is one of the best qualified teams in the world able to deliver and commercialise this platform.
With tokens an intrinsic part of the platform, Virt-U’s Network token (VRT) will be required to perform all transactions on the Virt-U Network such as registering, listing or selling an asset. These network transaction fees are used to fund developing, promoting and maintaining the network. VRTs are also used for identity of participants such as game developers and creators. VRTs will be implemented as a token in a smart contract on Ethereum (ERC20 token standard). VRTs are required to power the Network, including the Alpha release, and will be listed on third-party exchanges.
The Virt-U token sale is coming soon backed by some key players in the space.
Virt-U is presenting in London at Blockchain Live on September 20th and the Future of Gaming on November 1st
Email:
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