VTUUR (VTUUR)

VTUUR is a platform for both content consumers and creators which uses VR and AR to offer a new approach for media consumption.

Whitepaper

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What is VTUUR

Cryptocurrencies no longer require any introduction. Over 15 hundred different versions of “coins” are in circulation, creating a market cap above $300B over 10 thousand markets around the globe, thus rendering this relatively new subject - no longer negligible. 

Active developments of various technologies are conquering ever new frontiers, and to that end, VTUUR would like to introduce 360° Video LIVE Stream - the latest extension ofVirtual Reality (VR).

We here at VTUUR believe that both We VR and Augmented Reality (AR) provide new dimensions of media consumption which weren’t possible in the past. The combination of VR, AR, AI and Cryptocurrency technologies makes VTUUR a one-of-a-kind platform for both content consumers and creators

Whether we talk about exotic locations across the globe, or just a neighbour’s party down the road, traveling just isn’t possible for everyone because some people do not have the:

With VTUUR, sold-out concerts and festivals, closed museums, unreachable fairs, overcrowded public announcements and even far-away friends’ weddings once again become accessible.

You’ll not only be able to witness and participate, but the information will be presented in a way that you’ll really be a part of the environment.

Unlike many other ICO offerings, VTUUR’s platform is not only a concept; both the app and the platform already have solid foundations and a working prototype. VTUUR’s platform enables people across the globe to stream free and paid unique 360° Videos in the form of Virtual Reality. As far as user types, VTUUR recognizes three main groups:

Tourists, using the VTUUR app,are able to experience places around the world from the comfort of their homes. All experiences will come in the form of 360° Virtual Reality Videos which can be live or recorded in advance. VR Tourists may also order a new experience by booking a Guide using VR Requests. In order to watch paid content, Tourists will have to purchase VTUUR tokens and will be charged in VTUUR tokens while streaming.

Guides can stream 360° VR videos to all interested Tourists through the VTUUR platform by connecting a 360° camera with their mobile device. A Guide can predefine a price for their stream and has the ability to earn bonus VTUUR tokens (amount determined by the system) whenever an ad is displayed in the Guide’s video, no matter if live or recorded, free or paid. The Guide will have the possibility to exchange tokens on the VTUUR exchange for other supported cryptocurrencies or fiat currencies.

Advertisers’ role is not directly related to VR content but rather, they exist as a separate group of users. They can submit ads for Tourists and set preferred goals of daily views, but their content will not be presented instantly. Once the AI detects an active user who will find that ad appealing, the ad will get rendered into the stream. The ad display process can be broken down into the following steps:

VTUUR makes VR video streaming easy for everyone. By simply connecting your smartphone and 360° camera through our easy-to-use mobile app, you are ready to stream to VTUUR’s users all around the globe. Even though this technology is still young, there are already a few companies that take 360° camera production to commercial levels. At this moment, the VTUUR platform supports the three most popular 360° camera brands (Insta, 360Fly and Garmin).

From a content consuming perspective VTUUR currently recognizes three groups of VR content: