SAN FRANCISCO, UNITED STATES AND BUENOS AIRES, ARGENTINA – JANUARY 15, 2018 – Voxelus Studios, Inc., creator of Voxelus.com, the world’s leading virtual reality world builder and marketplace, and the cryptocurrency Voxels (VOX), announced the expansion of the company to embrace broader opportunities in VR and Crypto by starting R&D to build a cloud VR gaming infrastructure utilizing blockchain-enabled VR rendering. Related to this expanded, bolder vision, the company is rebranding to RevolutionVR, Inc. and Voxels tokens will soon become RevolutionVR (RVR) tokens to reflect their utilization in games and products beyond the Voxelus platform. The Voxel will be rebranded to the RVR token in the following weeks after the company rebrand and after work with exchanges and partners is completed, the ticker will change from $VOX to $RVR and when this is in effect it will be announced in a following press release. The company also announced the forthcoming release of its new VR game, Xtraction Royale, to showcase the capabilities of the RevolutionVR infrastructure.
RevolutionVR’s mission is to bring VR gaming to players all over the world without requiring each to have a high-end computer in the home – necessary today to deliver great immersive experiences over headsets and related gear – but expensive and used infrequently. With today’s game designers pushing the boundaries to deliver ever-more compelling gaming experiences, even the most powerful home computers can struggle with rendering VR.
RevolutionVR and the RVR token aims to address gamers PC expense and gameplay inefficiency through cloud gaming infrastructure allowing VR rendering to be handled in the cloud via the blockchain. RevolutionVR graphics servers will render VR utilizing cloud connected powerful computers that are distributed around the world creating an accessible service to a broader base of consumers. As a result of delivering VR games through the RevolutionVR cloud streaming infrastructure, gamers will be able to experience advanced gameplay on VR headsets and related gear that will be less expensive, portable, and more powerful than the home PC-tethered solutions required today.
To demonstrate the power and capabilities of the RevolutionVR infrastructure, the company is developing Xtraction Royale, its new VR game. Xtraction Royale is an upcoming Battle Royale virtual reality experience developed using the award winning Unreal Engine 4 that will place you against other players in a fight to escape an island and win RVR Tokens. Xtraction Royale is aimed to be released as a Steam Early Access game for Windows PCs compatible with Oculus Rift and HTC Vive VR headsets during 2018. Expecting a 1.0 final release by early 2019.
“In order for high quality immersive VR experiences to be accessible to anyone, anywhere rendering and compute technology must be cloud-based and integrated with responsive, dynamic streaming solutions to make the economics practical for both creators and consumers,” said Martin Repetto, CEO of RevolutionVR, Inc. “As a VR gaming technology company we understand that only by utilizing the blockchain and expanding the application of our Voxel token, now to become the RVR token, can we solve the VR game industry’s biggest technology challenges.”
RevolutionVR’s development and implementation of its VR gaming infrastructure will be supported by a partnership with the VideoCoin Network, a blockchain-powered global infrastructure for the encoding, storage, and distribution of video. The VideoCoin Network and its token, the VideoCoin (VID), were recently announced and are supported by many of the biggest names in crypto and entertainment.
RevolutionVR will work closely with the architects of the VideoCoin Network in the evolution of RVR as a useful proof of work token. “The blockchain is the new architecture of cloud computing. It is enabling exciting new applications and capabilities making incredibly efficient use of these global computational resources,” said Halsey Minor, majority shareholder of RevolutionVR and head of the VideoCoin Network. “Together, the VideoCoin Network and RevolutionVR are writing the next chapter of entertainment and media. For me this is more exciting than the days when we dreamed the future of corporate computing as we launched salesforce.com.”
ABOUT RevolutionVR, Inc.
Founded in 2015 as Voxelus, RevolutionVR, Inc. is a groundbreaking platform that allows anyone to create Virtual Reality games, experiences and virtual spaces without writing a line of code. The product is available for mobile VR supporting Samsung Gear VR and Google Daydream devices. To expand the library The Voxelus Marketplace was launched in 2016, which allows creators to sell and user to buy VR content and games for the Voxelus ecosystem, using the unique Voxel in-game cryptocurrency. With the rebranding now our mission is to make high quality VR gaming accessible to anyones, anywhere while developing cryptocurrency-powered VR games.
About the RevolutionVR (RVR) Token
Originally The Voxel (VOX) was born as in-game cryptocurrency powering all sales and e-commerce on the site is a revolutionary new blockchain product, combining the same “proof of work” security behind bitcoin with a unique checkpoint server that prevents possible attacks on the network. The cryptocurrency began trading on March 31, 2016 and trades actively on exchanges for alternative cryptocurrency such as Bittrex (www.bittrex.com), LiveCoin (www.livecoin.net) and ShapeShift (www.shapeshift.com). Now that Voxelus Studios Inc, is becoming RevolutionVR Inc., the VOX token will be rebranded as RVR in the following months after this release and new features will be announced in line with the expansion and new use cases for the token and infrastructure. RevolutionVR goal for the RVR token is to have it be a top 15 coin in the world.
About Xtraction Royale
Xtraction Royale is an upcoming Battle Royale virtual reality experience developed in Unreal Engine 4 that will place you against other players in a fight to escape an island and win real money. Either alone or in squad, plan your way out by any means necessary! Xtraction Royale is aimed to be released as a Steam Early Access game for Windows PCs compatible with Oculus Rift and HTC Vive VR headsets during 2018. Expecting a 1.0 final release by early 2019.
The VideoCoin Network is a decentralized video encoding, storage, and content distribution system that turns all cloud-based video services into an efficient algorithmic market running on a new blockchain with a native protocol token, the VideoCoin (VID). Powered by a large-scale, distributed cloud video infrastructure, the VideoCoin Network will usher in “the new cloud” by marshaling computing resources from around the world to revolutionize video with blockchain technology. The VideoCoin Network ecosystem will lower costs by deploying unused compute resources, enable a new generation of applications via open APIs and open source-based development, disintermediate media behemoths with peer-to-peer video distribution, and increase privacy with decentralized, end-to-end encryption.
For more information on RevolutionVR, visit http://revolutionvr.live
For more information on Xtraction Royale, visit http://xtraction.live
For more information on VideoCoin, visit https://videocoin.io
MEDIA CONTACT: Martin Repetto, RevolutionVR CEO – firstname.lastname@example.org