Introducing the Spacium Token – Powering a decentralized marketplace for Virtual Reality
Spacium (SPC) – Introducing a way to monetize VR content on the Ethereum Blockchain.
The Spacium (SPC) ERC20 Token presents a new method of in-app peer-to-peer exchange that incentivizes content creation and engagement in Mobile Virtual Reality. Spaceout.VR is a free to play Social VR Space Colony for iOS & Android. Spaceout.VR will monetize with an in-app economy that works with in-app consumables, in-app purchasing, and cryptocurrency tokens. Spaceout.VR players can monetize their user-generated content by converting earned in-app consumables into cryptocurrency tokens.
Content creators now have a growing set of inexpensive tools to create 360 video, photos and immersive games and experiences. Tools like the Ricoh Theta or Google Tango give consumers the ability to capture immersive content easily. To date there is no platform to easily upload, share and organize personal immersive media. There is no way to monetize this content, as for example, popular YouTube channels earn a revenue stream based upon viewership. This leaves content creators with little incentive to create or share immersive user-generated content (UGC).
We believe that Virtual Reality (VR) will flourish as a medium once it becomes a viable platform for UGC. Web 2.0 brought about the maturity of the web by harnessing people’s desire to share their lives and express themselves. The Spacium token incentivizes Spaceout.VR users to upload, organize and share personal content. The Spaceout.VR in-app economy allows Spacers to market their content for discovery by other Spacers. We aim to create a flourishing new space for immersive UGC through the Spaceout.VR content platform and gamified economy.
The Spacium token is a functional crypto-asset with the utility of creating and distributing in-app consumables in Spaceout.VR. Token holders can earn additional tokens by contributing to consumable production in the economy. Players can login to the Spacium Marketplace with their Spaceout.VR account and convert their in-app consumables into Spacium tokens. Spacium tokens can be traded for BTC, ETH, and other crypto-assets.
We are accepting email registrations for our pre-sale expected to launch in September 2017 at https://spacium.io