Move aside YouTube, Wevr has big plans for virtual reality videos
Wevr, a startup best known for partnering with big companies to create VR content, wants to be the bigger, better version of YouTube for VR.
Called Transport, the app will house both free and paid experiences that users can access through a Samsung Gear VR, Google Cardboard, HTC Vive Pre, Oculus Rift and the PlayStation VR, with a focus on delivering high quality experiences.
The app is currently in private beta with no word on when it will be released yet, however the startup has already raised $25 million from investors
All the money will go towards creating a cloud service to store the videos, a VR engine and of course, making the content itself which Wevr plans on doing with both independent filmmakers.
See the full story here; http://www.wareable.com/vr/wevr-youtube-videos-2277