Archives for February 2018

Reference:

• Title: ImmVRse
• Business model: Purchase and sale of virtual objects that connect sellers and buyers
• Country of location: United Kingdom
• Start ICO: March 30, 2018
• Minimum investment: $ 50. USA
• Platform: Ethereum
• In what currency can you make investments: ETH
• How much they want to collect investments:
  • Min: 5 million US dollars
  • Max: $ 20 million
• Rating: Icobench – 4.6, TrackIco – 4.1
• Official website: https://immvr.se
• Twitter: https://twitter.com/immvrseUK
• Facebook: https://facebook.com/immvrse
• Telegram: https://t.me/immvrse/

ImmVRse is a decentralized website, an application for android and iOS, as well as a coin based on the ERC20 standard in the Ethereum network. The beginning of the project is dated to the fourth quarter of 2017. The creators plan to develop an entire autonomous ecosystem. On this platform, developers of quality virtual reality content (VR) can interact with advertisers and ordinary users.

ImmVRse will launch an internal IMV coin for mutual settlements between all network members. These tokens will be traded on exchanges, but the main application is a means of internal settlement of participants in the system.

Founders and developers of the company

Members of the ImmVRse team have experience managing large-scale projects in marketing, personnel management, infrastructure development and, of course, blocking. Experience in developing complex investment projects, combined with experience in cryptography, creates a successful basis for launching a decentralized platform for blocking technology.

The main employees of the company:

• Farabi Shyor – CEO and co-founder;
• Limon Rahman – COO, co-founder;
• Adrian Chen – head of marketing;
• Peter Hostikar – chief engineer;
• Jason Taylor – Head of Development;
• Shahad Chaudhury is a developer of blockade;
• Shamira Churfi is a developer of Android applications.

Figure 1. Founders of the company

The company is located in London, accordingly, the legislative regulation will be carried out in the legal field of Great Britain.

Features of the developed platform

ImmVRse is a decentralized blockbuster video sharing platform where VR content producers can show their products to a wide audience. Advertisers can hire content producers or advertise in finished products on the ImmVRse platform.

A simple viewer, in turn, interacts with the community, appreciating, commenting and exchanging video, receiving as incentive a reward.

Target audience ImmVRse – first of all those who participate or want to participate in the production of VR-content. The age range of people is 16 to 45 years.

The corporate target audience varies from small and medium-sized enterprises, only trying themselves in this area, to large brands and well-known Internet users.

The structure of the ImmVRse ecosystem

The ImmVRse network consists of several elements:

1. IMEN token. The internal centralized currency of the platform.
2. Wallet for storing IMV tokens.
3. Protocol ImmVRse. An important element for doing business. An e-book containing information about the current state of the network and all transactions conducted.
4. Application (DApp). It allows interacting platform participants, and viewers receive award badges as an incentive provided by the user retention protocol. Part of the advertiser’s payment will be distributed among active viewers.

The main components of ImmVRse will be based on Ethereum Metropolis. This allows you to apply “smart contracts” that will function on this platform. When signing a contract in the ImmVRse system, the funds are blocked and held without outside interference. When the purpose of the contract is reached and all parties have fulfilled their obligations, coins are transferred to the recipient. This will help avoid disputes and mutual claims of developers and advertisers.

Digital currency ImmVRse

The ImmVRse token (IMV) is the domestic currency in the ImmVRse ecosystem. The coin distribution outside the network will be regulated by the platform users themselves. On the one hand, companies or individual users will have to purchase tokens on the exchange to pay for the content on the platform. On the other hand, developers get paid for their product with IMV coins, which they can exchange for the currency of interest to them in exchange services.

The development of its own crypto currency has several advantages:

helps to make settlements between users from different countries and jurisdictions;

promotes exchange trade in currency pairs IMV / BTC, IMV / ETH and others, including fiat;

provides the ability to perform calculations between users using automated algorithms based on “smart” contracts, without human intervention;

gives an opportunity to raise funds for projects within the platform;

The presence of constant demand and supply to the IMV token balances price fluctuations and reduces volatility.

Figure 2. Invocation of the IMV token

Basic ICO

To develop the platform, it is planned to attract investments through the ICO. Anyone can participate, independently assessing the risks and consequences. The only restriction applies to US residents – due to discrepancies in legislation, they will not be able to participate in the acquisition of tokens.

The launch of the initial offer of the ImmVRse coin, within the framework of which 100 million tokens are planned to be distributed (33.3% of the total issue), is planned for the first quarter of 2018. The deadline will be limited to 6-8 weeks from the moment of launch.

Features of ICO token IMV:

• ImmVRse is planning a total issue of 300 million coins, of which only 100 million are to be put on the ICO;
• the cost of one IMV token is $ 0.2;
• You can buy coins for the etherium and store them in the MyEtherWallet purse;
• the minimum investment is equivalent to 50 dollars;
• The price of the coin will remain unchanged throughout the ICO period;
• the first participants will receive a 20% bonus;
• the purpose of placement of coins is fixed and amounts to 20 million US dollars.

Distribution of tokens and funds collected on the ICO

The total issue will be 300 million coins. They will be distributed as follows:

• 33% were realized within the initial placement of coins;
• 10% are distributed between the team and consultants;
• 4% are distributed in the framework of awards and advertising campaigns;
• 53% will remain at the disposal of ImmVRse.

Figure 3. Distribution of coins of total emission

The funds of $ 20 million collected under the ICO will be distributed in this way:

• 30% are directed to the platform support fund;
• 15% – for future employees;
• 15% – administrative and operating expenses;
• 25% – marketing and advertising companies to promote the ImmVRse platform;
• 10% – research and development of virtual reality;
• 5% – legalization of crypto-currencies in various countries of the world.

Figure 4. Distribution of collected funds within the ICO

“The funds raised within the ICO framework will be invested in the development and integration of technology and artificial intelligence. This will help create an incredibly powerful, self-sustaining ecosystem “- Farabi Shyor, CEO and co-founder of ImmVRse.

Road map

ImmVRse has posted a detailed roadmap on its website. Main stages of development:

• 4th quarter of 2017. Start the development of the platform.
• 1st quarter of 2018. Start the marketing company with different channels. Preliminary ICO for private investors.
• 2nd quarter of 2018. Issuance of the IMV coin to circulation on several popular crypto-exchange exchanges.
• 3rd quarter of 2018. Expand staff to develop the full version of the application. A broad marketing company aimed at attracting users.
• 4th quarter of 2018. Opening of representative offices in the EU and Asia. Launch ImmVRse Alpha Launch – the alpha version of the application.
• 1st quarter of 2019. After launching the ImmVRse platform and the IMV token, the EcVRse ecosystem is launched. Third-party companies and advertisers will be able to purchase IMV tokens to pay for content developers. Continuation of research and development of virtual reality technologies based on the blockbuster.
• 2nd quarter of 2019. Running the full version of the application after extensive testing of the beta version of ImmVRse. This coincides with the plans of Intel, Facebook and Apple to release their own headsets for virtual and augmented reality. That will create a high demand for VR-content.

Interesting! Goldman Sachs predicts that the capitalization of VR-based technologies by 2025 is capable of growing to $ 110 billion.

Expert evaluation of the project ImmVRse

Some experts agree that virtual reality technologies can become the fastest growing industry in the coming years.

“This is a good idea, especially knowing the potential of this industry over the next few years. Good team too! “- Jan Scaraf, Blockchain ICO Consultant / Counselor. Founder of Crypto Consulting and Investments LTD.

Figure 5. Expert in the field of ICO

Others believe that the development of the platform will attract a huge number of freelancers in this area from other platforms.
Most experts consider the ImmVRse team to be high-class specialists, but a platform with a unique concept and high perspectives, especially given the growing interest in this area.

“Great team. An amazing concept, taking into account the growing interest in VR. I’m glad to see how ImmVRse grows. Team Luck “- Tyler Sanford, ICO Advisor, ICO marketing campaigns, branding and web development.

Expert evaluation of the platform rating, in which the ICO is evaluated, the development team, the concept and the final product, is 4.6 points out of 5 possible. This is a very high figure for such a young project. Such an assessment means that the project is really worthy of attention of investors and interested users.