DISTRICTS - BUILDING A VIRTUAL ECOSYSTEM BY INTEGRATING BLOCKCHAIN AND VIRTUAL REALITY

DISTRICTS - BUILDING A VIRTUAL ECOSYSTEM BY INTEGRATING BLOCKCHAIN AND VIRTUAL REALITY

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DISTRICTS - BUILDING A VIRTUAL ECOSYSTEM BY INTEGRATING BLOCKCHAIN AND VIRTUAL REALITY

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DISTRICTS - BUILDING A VIRTUAL ECOSYSTEM BY INTEGRATING BLOCKCHAIN AND VIRTUAL REALITY

Virtual and Augmented Reality

We are living through times of technolgical evolution on the planet. The last 20 years or so, the infrastructure was laid out for various technologies such as the internet to get wide spread adoption across the globe. Internet and ancilliary technologies have made communication, social interaction, entertainment and productivity very convenient. Virtual reality (VR) and Augmented reality (AR) are taking the perception of world to an altogether new level. It is predicted that by 2025, the VR/AR market would be worth USD $700 billion. While VR/AR find their major application in gaming, VR is currently used to treat anxiety, PTSD and autism. As it happens with every innovation, there are early stage teething problems that have to be overcome. Some of the major roadblocks in this space are the following:

  • Understanding and usage is limited only to industry professionals.
  • VR and AR worlds are expensive to set up.
  • VR and AR capabilities are limited.

Districts - Creating A Virtual Ecosystem

Districts is aiming to create the world’s first fully decentralized ecosystem bringing the real and virtual world together, and thus creating an immersive virtual ecosystem. The project has a robust architecture and an efficient development portal. The Districts Project is building an independent Blockchain primarily focused towards providing the community of VR/AR enthusiasts with a fully decentralized network with 3D capabilities. The Districts platform has the basics in place as it is a free to use virtual and augmented reality ecosystem with broad spectrum capabilities and applications. The team obviously is smartly focused on providing user friendly tools such as District’s Visual Studio (DVS), which will enable users with or without programming skills to develop complex Dapps. Using the tool, the users can develop content, application and share their personal experiences for commercial use.

Districts’ has planned to have its own payment gateway which has been developed using the blockchain technology, 3D coin. It is bitcoin and dash code based and has features of other cryptic technologies.

Districts Disrupting Market

Districts is finding its application in different spheres:

  • Technically advanced applications: DAPPS powered by blockchain is capable of producing high end applications and many products of digital excellence. An ecosystem can be built in another districts ecosystem. All depends upon the requirement of user.
  • Providing Real World Utilities: Districts can help in establishement of virtual value added services that can be availed in real life. Business owners and enterprenuers can set up virtual shopping malls, class rooms even health services. These virtual online businesses are free from norms and limitations of traditional businesses.
  • Advertisements and Promotions: Marketer who wants to advertise his product can make virtual banners, fliers, billboards and posters, placing them at the spot they like, all in virtual environment.
  • Networking: Districts is creating an ecosystem in which new people can interact. Users will be able to interact in real world via chats, social forums. Virtual shows and concerts can also be hosted.

Conclusion

The Districts Project’s concept with its independent blockchain for harbouring development in the VR/AR space is well founded. It has the first mover advantage with respect to integration of blockchain technology in the 3D and virtual immersion space while creating an independent specialized ecosystem solely focusing on this space.

ICO Details

Soft Cap: 100 million 3D coins

Hard Cap: 150 million 3D coins

Exchange rate: 1 3D = USD $0.2 USD

Useful Links

Website: https://districts.io

Twitter: https://twitter.com/Districts_io

Telegram: https://t.me/joinchat/Fj1aIQ7DrxPKJ0Yh2NklKw

Facebook: https://www.facebook.com/districtsio/

Instagram: https://www.instagram.com/districts_io/

Linkedin: https://www.linkedin.com/m/login/

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