XR FINDER
EXTENDED REALITY | XR |
Just like the evolution of the Internet with each progression appearing more advanced in terms of features and interaction capabilities than the prior, Extended Reality is borne out of its early predecessors — Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), Augmented Virtuality (AV). It is a more robust and interactive version than its predecessors, as it combines the features of these technologies to create a richer and interactive world where both physical and virtual elements can interact, providing an unprecedented degree of immersion.
Extended Reality is a combination of several technologies built to create a rich and more engaging reality. It is birthed from its sister predecessors Virtual, Augmented and Mixed Realities.
It is an industry expected to grow by a whopping 780% from 27 billion USD in 2018 to over 209 billion USD3d, in market valuation by the year 2022. However promising this technology is, it is faced with the challenges of adoption in the everyday use for the value that can be derived through it.
The shortfall of the internet which stems from the limitations of dimensions where interactions whether business or social are limited by geo-spatial spread has grown to become significant. In the 2D Internet, the hardest problem stems from finding and organizing content. Hence aggregators such as Google, Facebook, Netflix continue to reap a big part of the value in solving these problems. Except for Youtube, the value is not shared. Advertising revenues are not usually shared with content producers, a major flaw in the system.
In ensuring a simple, low cost and easily affordable immersive experience for every member of the XR (AR/VR) world, we have created a new way to experience and touch the fabric of a new reality via the Extended Reality Web Network.
XR Web is pioneering the development of this augmented reality layer of the internet and is building the core platform tools and infrastructure.
XR Web is built on the blockchain powered by XR Token, a virtual currency that is used to register real estate and also trade on the marketplace.
XR Web is three-dimensional internet space where content and applications can be projected, displayed and transacted.
HOW XR SOLVES THIS PROBLEM
XR decentralized network protocol converts our physical space into a programmable space that can be interacted with our protocol & suite of XR apps. The XR Web establishes a decentralized ecosystem for participants to build and use applications which incorporate AR and VR technologies linked to geolocation information stored via blockchain technology.
CAN-DO- ABILITY | XR
The decentralized framework allows third parties to develop applications on the XR Web Platform, including advertising, E-commerce, Social Media, Real Estate, Insurance, etc.
Many predicts that extended reality is the next wave of the internet - and that means devices with augmented and extended reality capabilities. Most industries are extremely optimistic about the potential of extended reality - Goldman Sachs estimates that augmented reality will not only outgrow the virtual reality market but also flourish into an 80 billion dollar industry within the next few years.
For More Details, please visit,
XR Web Website: https://www.xrweb.network/
WhitePaper URL: http://www.xrweb.network/img/Whitepaper-XRWEB.pdf
Twitter Page: https://twitter.com/xrwebnetwork
Facebook page URL: https://www.facebook.com/xrwebnetwork
LinkedIn Page: https://www.linkedin.com/company/gofind/
Telegram URL: https://t.me/gofindxr
Instagram Page: https://www.instagram.com/xrwebnetwork
Author/ Bounty0x Username: moneyafric