Blockchain Technology Readies Live Entertainment for Virtual Reality
The emergence of virtual reality (VR) has created a new channel for artists to connect with their audiences. Live performances can now be streamed directly to virtual headsets. Companies like NextVR , CEEK and Enosis have all been working on platforms and projects to produce interactive and multimedia experiences. A growing number of production outfits and artists are already trying out the technology.
CEEK has turned to blockchain technology for answers. Aside from its own VR platform, the company is working on a blockchain-driven coin minting platform that allows artists to create their own crypto tokens to facilitate transactions. The feature, dubbed "Celebrity Coin Cast Minting," leverages blockchain technology to create an immutable record of the existence and trade of these virtual items. Artists could even cryptographically sign items to give them additional value as unique memorabilia.
See the full story here: http://www.nasdaq.com/article/blockchain-technology-readies-live-entertainment-for-virtual-reality-cm904619
CEEK virtual reality environments are governed by Ethereum Smart Contracts, allowing token holders ability for flexible, tokenized ‘in-world’ interactions, rewards, voting, contests, virtual goods and more ‘in-world’ transactions utilizing ERC20 compliant Tokens called CEEK.
Each CEEK Token holder will be able to participate in virtual reality space for real world celebrity concerts, charity fundraisers, sporting events, VR commerce, classroom learning and much, much more as the exciting world of virtual reality meets real world opportunity through Smart Contract governance.
By utilizing the blockchain, CEEKERS will be able to access, manage and exchange digital assets at a fraction of the cost. Using the ERC232 standard for multi-token transfer will reduce gas cost down to approximately 1/10th of a cent. Open Standards allow CEEKERS the ability for true ownership of digital items that will traverse multiple digital reality environments.
See more here: https://www.ceek.io