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Photo : Victoria VR

New-age technologies like blockchain, virtual reality, and augmented reality are permanently altering the digital landscape. The global VR market, for instance, is growing very fast, with Statista estimating that it will surpass $12 billion by 2024, up from just under $5 billion in 2021.

And Victoria VR is building towards this future, which is a revolutionary blockchain-based virtual reality metaverse. Powered by Unreal Engine and featuring realistic, highly detailed graphics, Victoria VR combines a massively multiplayer online role-playing game (MMORPG) with a unique social experience playground.

Through Victoria VR, players will be immersed in a virtual reality world like never before. From playing games, shopping, attending events, and developing your digital real estate (VR Land) to owning a business, enjoying leisure activities, and getting education and entertainment, the opportunities here are endless.

The unique algorithmic quest system of Victoria VR is designed to combine opportunities with real and parallel worlds.

Victoria VR will soon launch the world’s first realistic metaverse. It is through best-in-class partnerships for underlying technologies that Victoria VR can provide future-proofed technology, integration between other virtual worlds, and an overall unrivaled experience.

Strong & Global Team

Based in Prague, Czech Republic, the first blockchain-based MMORPG in Virtual Reality is co-founded by CEO Ondřej Dobruský, a game architect, and tech entrepreneur COO Adam Bém.

With this project, both the founders want to create something unprecedented – a new virtual world decentralized and owned directly by its users. In short, a parallel universe where anyone can make absolutely anything.

The seed of the Victoria VR idea first took root in 2018 in a tiny office. Today, its team has grown to over 80 gaming developers and is on track to double by year’s end.

This project aims to bring the critical missing pieces in existing metaverse projects, including blockchain technology, poorly designed economics, incentives, and the game’s overall mechanics. The lack of these features means there are no active users, the lack of upgradability and scalability of the virtual world, poorly chosen technologies, or terrible graphics.

On the other hand, the world of blockchain-based Victoria VR features realistic graphics and an MMORPG. It also uses cutting-edge technology from Unreal Engine to enable its users to create customized, life-like 3D avatars that can express emotions.

Closed Alpha Version

Late last year, Victoria VR raised $5.5 million to bring an Open Metaverse to life, with play and earn mechanics and a user experience designed to onboard the next wave of users.

Since then, the team has launched the closed Alpha version of its platform and started onboarding selected users to test Victoria VR in all its glory. Users here can hang out with their friends, play games, go shopping, study, watch movies and sporting events, create, share, trade artwork, organize business, and do much more.

The team also attended the Virtuality’ Enter The Metaverse’ in Paris, France, where they presented their vision and the demo directly to VR headsets. The event was a great success, with Victoria VR attracting a room full of a crowd eager to know all that was happening in Victoria’s virtual world.

Currently, Victoria VR is busy building new partnerships with tech companies and other metaverse projects.

Earlier this year, Victoria VR added the technology leader Dell to its list of partners, including Dominance, Neon, Non-fungible fund, Wave Financial, DAO Maker, Altered Ventures, and Escape Nature.

This strategic partnership positions Victoria VR as one of the world’s most advanced game development studios and one of the leading metaverse creators by making the whole process of creating the metaverse faster and even more secure.

Meanwhile, Dell, which provides the essential infrastructure for organizations to build their digital future and transform IT, considers Victoria VR a ground-breaking initiative.

Limited Victoria VR Land

The ecosystem of Victoria VR has a self-sustaining economy. It is fueled by the native Victoria VR Token (VR), which has a limited supply of 16.8 billion and acts as a currency in this virtual world.

As a utility token, it will be used to buy and sell digital in-game NFT assets such as art, VR lands, resources, clothing, tickets, experiences, transport, leasing, advertisements, and other goods & services.

Furthermore, through Virtual Revolution Staking, Victoria VR generously rewards its committed users in the form of monthly rewards, dynamic APY, VR Land whitelisting, and mystery airdrops. Through these rewards, the project wants to motivate the community to create the most appealing and entertaining content, including games, applications, or lectures.

As for how to get your hands on VR tokens, they can either be bought on an exchange or by mining, trading items, completing quests, exploring the world, and participating in competitions.

NFTs are other assets that fuel Victoria VR’s ecosystem and are registered on the permissionless, decentralized, and immutable Ethereum blockchain. In Victoria VR, lands and digital real estate are available as NFTs, which can be bought through auctions and eventually even mined for resources.

The owners of the land have absolute power over their land, which can be traded, rented, or used for the construction of utility buildings like mines and warehouses, buildings for presentation such as shops and showrooms, private enterprises, or a game.

A VR Landowner may also receive bonuses such as mystery boxes and modifiers for mining, which depends on the type and tier of the land you buy.

However, there is only a limited amount, 168,000 pre-defined VR Lands available, which can be bought and minted either through a VR Lands Sale or on secondary markets like OpenSea. Already, there are 1.7k holders of these Land NFTs, which currently have a floor price of 0.24 ETH.

Community-owned and Managed

The exciting world of Victoria VR is organized as a Decentralized Autonomous Organization (DAO) where the community has the decision-making power. Here, besides being a utility token, the ERC-20 token VR also serves as a governance token.

This means that token holders will be fundamental in making the decisions such as allocation of VR tokens, marketplace fees, and VR Land development that shape the future of the Victoria VR.

Victoria VR’s Metaverse also features an NFT Gallery, where users can showcase their NFT collection and view other digital artworks worldwide. Through this gallery, the project wants to offer its users a unique experience as well as allow them to share, trade, exchange, store, and exhibit their NFTs to a broader audience.

Another feature of the fully upgradeable world of Victoria VR is the Big Market VR, where users can securely trade digital assets, NFTs, and in-game items like wearables for metaverse avatars. Users can even create and sell their own digital products and services here.

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