Crypto markets swung wildly through 2017. Bitcoin climbed to historic heights. The entire cryptocurrency market reached $800 billion in total value. By year's end, those gains had vanished, leaving in
Crypto markets swung wildly through 2017. Bitcoin climbed to historic heights. The entire cryptocurrency market reached $800 billion in total value. By year's end, those gains had vanished, leaving investors skeptical about what comes next.
Project Districts builds virtual reality on blockchain. Blockchain Technology LLC founded the company, which raised approximately $8 million in its initial token sale. A second offering is now underway with a soft cap of approximately 100 million 3DCoin, the network's native currency.
Virtual reality and augmented reality attract big technology investors. Google, Facebook, Alibaba, Qualcomm, and JP Morgan have all committed significant capital to these fields. Serious obstacles still block these technologies from mainstream use. Districts aims to breach those obstacles by combining blockchain with VR development.
The platform runs on Unreal Engine and provides creators real tools to build within a shared 3D space. A Districts team member outlined the vision: "At launch, the 3D world users will have at their disposal an immense cache of resources to facilitate innovation of every form and kind. New realities will be shaped, and a faultless self-sufficient ecosystem where the only limitation is imagination, will emerge. It is this thriving miniverse we invite you to be a part of, rest assured that whatever your needs are; be it recreation, business or leisure the Districts 3D world is well suited to accommodate them."
The beta wallet for 3DCoin is now available at the project's web portal. Demo versions of the Districts 3D world were recently released. Districts plans to launch 3DCoin on crypto exchanges during the second quarter of 2018.
The company set a fixed conversion rate to protect early investors. They pegged 3DCoin at 40,000 units per bitcoin, shielding supporters from bitcoin's price swings. Investors who participate now gain early-buyer advantages and will own tokens once they debut on major exchanges in a few months.
Mohamed Zakaria Samai founded the project. Visit https://districts.io/en/ for more details.
