SOLUTION
TO THE PROBLEM
Blockchain is at the forefront of a new digital revolution that has caught the world by storm. In essence,
blockchain is a decentralised network and digital ledger for transactions, which can be programmed to
store all types of valuable data and also has no single point of failure. ImmVRse will be powered by a web infrastructure built on the foundation of blockchain called
Ethereum. This is a platform that allows smart contracts to be distributed as well as decentralised
applications to be developed and run without the influence of a central arbitrator, downtime, fraud or
any external interference.
-CREATIVITY-(ImmVRse will not only provide a common platform for general viewers, advertisers and
businesses, but also a community where members can interact, help and inspire each other to create
some of the best VR content available online. By using the power of a decentralised network, we will
create an efficient and self-sustaining ecosystem for our members.)
-CONTROL-(Control and the power of sharing will be shifted towards the community to remove
centralised decision making and removing third party or middlemen from the workflow. ImmVRse will
not act as a mediator or intermediary. Every job will use the functions of smart contracts, the
parameters of which will be set by the users on both sides, e.g. brands and the content creators. The
contract will be deployed on the blockchain and payments will be processed based on set deadlines
agreed between parties. The system of contracting will therefore function similar to a peer-to-peer
hiring system.)
-PAYMENT-( Payment is one of the biggest problems that blockchain will solve via this application.
Firstly, there are no high transaction fees, requirement for bank accounts or any other restrictions for
users. Using ImmVRse tokens, it will take seconds to send and receive payments anywhere around the
world without paying a high processing fee to a bank or a third party money transfer. This will open
opportunities to millions of content creators in many countries where the citizens prefer using
cryptocurrencies due to geographical and administrative restrictions imposed by their country’s
legislative authority. Additionally, the users will be moderated using a sophisticated autonomous ID
verification system. Once the users are verified, the payments will be made using ImmVRse tokens.)
-REVENUE-(ImmVRse will allow creators to attract lucrative contracts from employers, as well as
creating customised content for companies and high profile global brands. Besides, the system has
been designed to not only reward creators, but also the VR content viewers who will be incentivised
using tokens for interacting with the application. Additionally, high-value creators will pay a monthly fee
to the platform for maintaining their premium status. By creating a balanced ecosystem, the platform
will aim to become one of the largest video sharing platform, thus attracting hundreds of companies
around the world. The combination of all the above will contribute to ensuring the rapid growth of users
and content. This in turn will attract advertisers to invest into the platform to the benefit of all within the
ecosystem.)
BUSINESS
MODEL
TYPE OF BUSINESS
ImmVRse is a mix of B2C and B2B, connected & decentralised
blockchain VR video-sharing platform, where VR content
producers are able to showcase their talents to a broad
audience. Brands can hire content producers and also directly
advertise to viewers on the platform. Viewers are able to interact
with the community by liking, commenting and sharing videos, in
addition to receiving rewards as an incentive.
TARGET MARKET
Target audience for ImmVRse is primarily those who are involved
or would like to be involved in VR content production and the age
range is between the ages of 16 to 45. The corporate target
audience varies from small businesses, start-ups and medium
enterprises to large consumer brands and internet personalities.
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