Review NETVRK Project

A social VR platform with powerful creation tools and infrastructure to easily create, share, experience, and monetize VR.

About NETVRK

NetVRk platform aims to provide users and businesses with unique opportunities to leverage VR capabilities and create new VR experiences, applications, and environments in which people can explore, communicate, and work. Our goal is to make NetVRk universal — one platform for all VR content, including games, performance, brand positioning, and retail, as well as virtual jobs for people working in VR. We will also provide a platform for people to connect, design, develop, and build together.

In the NetVRk virtual universe, you can find it all: planets, cities, interactions, and infinite worlds to explore, create, and even monetize. Anything you can imagine can come alive with NetVRk, as there are no limits in the virtual dimension!

The world is changing faster than ever before, and virtual reality will change it beyond recognition. We can only imagine how virtual reality will develop as an environment. Perhaps the most interesting aspect will be the separation of the virtual experience a la P2P. Imagine an interface like YouTube, where you can immerse yourself in a real, three-dimensional environment created by someone else. Of course, we will see mass-production of content, including the traditional “top-down” approach from media giants and film studios.

Entire markets will form exclusively within virtual reality, possibly allowing Bitcoin-type cryptocurrencies to flourish.

Network is an innovative blockchain platform with the goal of uniting VR lovers and helping them create interesting and original VR content. It is a multi-purpose sandbox with a huge set of features that even inexperienced users can explore and benefit from.

In NetVRk’s unique marketplace, users will have many cool possibilities: discovering private houses furniture, various decoration items for home, and even a functional home cinema, swimming pool, trampoline, table games, and more interactive elements to quickly and easily build the house of their dreams.

We at NetVRk aim to become the next evolution of the Internet, offering the world a way to consume and create exciting experiences while monetizing and sharing content that will lead to an ever-expanding virtual meta-verse.

We strive to provide the opportunity to create a unique and visually appealing world, ready to explore, fill out, and even transform in accordance with the needs of all users.

NetVRk users will be able to use their worlds for personal and professional purposes by taking advantage of the blockchain-based ecosystem, which will provide them with the tools to monetize their virtual environments in a secure economy. https://netvrk.co/

The NetVRk team goal is to provide the opportunity to create a unique and visually appealing world, ready to explore, fill, and even change in accordance with the needs of all users.

NetVRk users will be able to use their worlds for personal and professional aspirations while taking advantage of the blockchain ecosystem. All participants will have the chance to monetize their virtual environments in a secure economy. https://netvrk.co/

Trading Your Virtual Real Estate

Users of the NetVRk platform will be able to sell their virtual real estate by providing total or partial rights of use to the purchaser, or leasing their land in exchange for revenue-sharing. Our system has the following rights-transfer features:

Permanent ownership transfer. This is a transaction by which the owner sells full rights and revenue-sharing of virtual real estate to the purchaser. Once the buyer has acquired the land, he/she can do anything with it, without revenue-sharing or other responsibility to the former owner.

Limited-time free use for revenue sharing. Since many users of the platform will utilize NetVRk only to play and create games, we are projecting that these users might not want to buy land immediately, or even pay for anything until they are sure they like the platform. Meanwhile, users who have owned land from day one may have purchased virtual real estate when it was proposed to early investors. These users can propose their land to active new users for use, and even let them appreciate it while making a profit and adapting to the platform in exchange for a “cut” from the revenue they make.

Sale with restricted ownership. If a piece of land is in a beneficial location and is potentially valuable, the owner can propose a better price to the buyer in exchange for a “cut” from the revenue generated there. Users can also make a profit by renting land to others for a restricted time period, then selling it (fully or partially) for a higher price.

Token Ecosystem

The use cases of NetVRk's token.

BUY ASSETS

The NETVRK token can be used to buy assets within the virtual reality world you are in. Assets can include buildings, vehicles, houses along with many others that will be found in the NETVRK market.

BUY LAND

Just like in the offline world, land is also a valuable commodity in the VR world within NETVRK. Tokens can be used to purchase land in the prime real estate hotspots such as overlooking the beach, or right in front of the city.

BUY ADVERTISING SPACE

NETVRK tokens can be used to buy advertising space, which can be used to generate a form of passive income and be on-sold to other parties for a healthy profit.

GENERATE NFTS

The token can also be used to generate Non-Fungible Tokens (NFTs), yet another way of earning additional income.

STAKING

Another way of earning a passive income with the NETVRK token can be done via staking, which pays stakers a fixed percentage of profits based on staking their tokens in the network.

Market size

The global augmented and virtual-reality market was valued at around USD 26.7 billion in 2018, and is expected to reach approximately USD 814.7 billion by 2025, at a CAGR of 63% between 2019 and 2025.

$45B

VR GAMING MARKET

Expected to grow to $45B by 2022

$26.8B

VR MARKET REVENUE

Expected to grow to $26B+ by 2022

$80+ M

GLOBAL VR USER BASE

Expected to grow from 70M users in 2020 to 216M in 2025

$68+ M

VR HEADSET SALES

Expected to grow to 68M+ by 2022

THE PROBLEM WITH VR

With so much potential, what is keeping VR from becoming mainstream?

LACK OF QUALITY CONTENT

Limited amount of quality content within the VR environment. Shortage of well-crafted design tools.

ENTRY ISSUES

High standards and complex conditions for the average user in terms of content creation. Expensive cost for app creation.

ABSENCE OF MONETIZATION OPTIONS

Lack of possible ways to monetize activities within VR, or for mainstream industries to capitalize within the industry.

THE SOLUTION

A social VR platform with powerful creation tools and infrastructure to easily create, share, experience, and monetize VR. The VR App Store provides the ability to make apps and experience them with others.

UNLIMITED AMOUNT OF UNIQUE CONTENT

An unlimited number of unique, fully interactive VR worlds. We offer new and endless interest in VR with rapid consumer growth.

USERS AT ALL LEVELS CAN CREATE VR WORLDS/APPS

With no technical knowledge, users can create compelling VR content for business or pleasure with the use of NetVRk’s unique editor and multi-functional tools.

MONETIZATION & REWARDS FOR PARTICIPATION

All VR users will benefit. With all of VR under one roof, businesses will be able to capitalize via numerous means for monetization.

Team

We have combined diversely skilled professionals, from developers and researchers, to VR experts, in order to turn our vision into a reality.

Michael Katseli: Founder, CEO

Linus Chee: Co-Founder, COO

Jay Shindell: Chief Creative Officer

Ian Friend: Co-Founder @ Ferrum Network

Jonathan Wernick: Chief Administrative Officer

Sam Wey: Chief Technical Director

Daniel Kennedy: Chief Marketing Officer

Nii Hideo: Blockchain Lead Developer

Artak Avetisyan: Engine Developer

A Ferrum Advisory Services incubated project.

Visit Ferrum via the link below.

NetVRk is a social virtual reality platform on the blockchain, with powerful creation tools that allow you to easily create, share, experience, and monetize your creations.

Ferrum Token Presale: Finished!

Visit ferrum.network/pre-sale-access/ for info.

Ferrum Land Presale: Upcoming! To be announced!

Token Public Sale: To be announced!

Land Public Sale: To be announced!

TGE: :alarm_clock: and date to be announced :soon:

Uniswap: To be announced!

Market Cap at TGE: $678,750

Ticker: $NTVRK

Built on the Unreal Engine.

Platform: PC, VR headset, and Mobile device support.

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