Victoria VR to Launch First Blockchain Metaverse App on Apple's Vision Pro Headset

According to CoinDesk, Victoria VR, a crypto-meets-virtual reality (VR) developer, is working on releasing the first metaverse app from a blockchain-related company on Apple's Vision Pro headset. The project's metaverse features ultra-realistic graphics and immersive gameplay, designed to complement Vision Pro's technologies. The app is expected to be available in the second quarter of this year and aims to showcase the capabilities of the Apple Vision Pro and the power of Web3 technology. Apple's Vision Pro headset, which was released on February 2, marks the company's first entry into the virtual reality ecosystem. It will compete with Meta's (formerly Facebook) existing Meta Quest headset. Victoria VR's metaverse is driven by its VR token, which is based on Ethereum and follows the blockchain's ERC-20 standard. The token is designed to reward active users and stakers, with half the revenue generated from in-game asset sales being redistributed to them. The VR token has experienced a nearly 60% surge in the last 24 hours, reaching a market cap of $103 million, according to CoinMarketCap data. A white paper on the project's website states that Victoria VR aims to be accessible to all, allowing users to earn tokens by participating in the world. The ERC20 tokens will serve as the primary source of revenue generation during the project's initial stages.