The modern era started a compelling, broad, and imagination-inspiring time where people’s experiences and reality is extended by means of merging the physical and virtual world. It fulfills to an advanced technology called Extended Reality (XR). It incorporates Virtual Reality, Augmented Reality and newly-developed immersive technologies, combines and engages users at more profound, more meaningful levels. It creates wholly new ways for people to experience the world around them. But how can users fully benefit to this innovation?
XR Web is pioneering the development of this augmented reality layer of the internet and is creating the central platform tools and foundation. The XR Web is developed on a blockchain to have security and trust as core principles of this new platform focusing on the use of Extended Reality (XR).
How XR Web Works
XR Web operates by enabling anyone to build XR Apps on the network utilizing the extensive collection of development tools available on XR Development Suite. Content Creators also develop content for consumers to consume. The charges generated from the use of the platform/network is therefore distributed amongst network participants and XR stakers. XR Web enables users to buy and lease lands on the XR digital space and command real economic advantages from it.
1. Developers create XR apps on XR network using our suite of development tools, allowing them to publish either on web or mobile or both.
2. XR apps are communicated broadly into the community for active users.
3. Transactions happen on XR Web utilizing the XR token which is recorded in XR Network by geolocation.
4. Holders stake XR tokens on XR Web qualifying them to receive XR tokens from different sources based on their holdings and staked amounts.
XR Web Application Types
XR Web enables developers to build geolocation powered applications extending personalized experiences to users based on collected information on their location. Such apps incorporate but not restricted to Games, Social Medias, Advertising network, etc.
Applications utilizing cryptocurrency to power their digital economy can is possible to develop inside the XR Web network. The cryptocurrency could be applied for staking, purchase of digital assets with real-world values, payment for services, etc.
By theory, XR apps can be used without AR/VR but XR Web considers most future apps should be in AR/VR. Virtual Reality/Augmented Reality can be created on the top XR Web to offer ultra-secure and loaded engaging experience to users. Apps such as Games, Shopping/Retailing Apps, Real Estate apps can be built on XR Web.
Possible XR Apps That Can Be Built On XR Web Network
XR Social Media
Extended reality (XR) is already influencing social media and has impacted for several years. AR is taking over the most widely used social networks in the world such as Facebook, Instagram, and new AR technology is created all the time. Additionally, these top social networks are very much helping people to not only utilize their AR features, but even to design their own AR experiences by providing the tools they necessitate to build AR camera lenses and effects. Brands, too, are starting to use this technology more and more, but the most significant innovations will likely come when all XR experiences are available in one platform.
XR Home Sharing
Home owners can set part or whole of their homes or other resources for rent. Rental period can be hold any period home-owners require and the incomes can again be shared with several stakeholders that includes property owner, operator, network operator, insurance, etc
XR Deliveries (Food & Others)
XR Web network can be worked to safely and securely transport food and other products from one point to the other.
Interactive and immersive gaming is revolutionizing how gamers play/consume entertainment contents. With XR Web, users can traverse both visual, augmented or mixed reality content playing, get drawn into a new reality and experiencing new levels of interactive and entertaining actions.
The capacity to virtually project oneself into a virtual world with superimposed products on the physical spaces, peruse within a broad list of products, working them out to see how they work out and buy from anyplace is revolutionary game evolving and it is poised to provide a new meaning and experience to shopping.
XR Location based Advertising network
By employing the XR Web technology, app developers can develop apps that are customized and user focused to give advertisement accurately while relishing immersive and interactive on multiple locations.
Personal Mobility / XR Ridesharing & Carsharing
XR Web technology advances the ability for users to experience unique and distinct ride sharing experiences and car sharing activities. Rides can be shared between the car owner, driver, rider, insurance companies and other stakeholders while sustaining a blockchain ledger of proof of the location of all assets.
XR Real Estate
Real Estate is ever in demand as people will prefer to get a property. Though, the achievements of any estate agent or developers extends in their innovation in promoting products and enticing clients. With XR Web technology, Real Estate developers can support potential customers and tenants to inspect properties without having to be physically present.
The applications above are just samples of potential applications that can be built using XR Web platform. They can be created by different companies which can be connected or not associated with XR Web’s legal entity. The creators of the applications will have options on how much of the network charges and transaction fees. For transaction fees, the makers of the app can choose how much they want to deal with XR Web stakers, with a point of 0.5%. Higher sharing will accommodate to build a higher following to XR Web users and such market dynamics should end in a sharing arrangement that works for both application developers and XR Web.
XR Web Ecosystem Security
XR Web are aware of the fact that alongside new technology is accompanied by risks. Inside XR Web’s platform is sufficient standards put in place to resist threats at the network or application level or both by continuous auditing of network and application layer, internally and externally for security concerns. Also, evaluation of Applications to be started on the XR Web Network.
XR Web Network’s intention to revolutionize the use of extended reality (XR) is not just a promising proposal, but a possibility that can lead to significant and extraordinary achievements using the future apps built on their platform. Their whole system architecture, stability, and security utilizing blockchain technology are enough certainty on what it can bring to every industry and consumer, innovating products and services, making processes easier and accessible.
To know more about this project, visit their site at http://xrweb.networkor you can follow their official social media pages below: