Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
In efforts to kick-start the acquisition of virtual assets and develop their 3D marketplace, ViMarket has just announced at ICO Forward in NY, the pre-sale of its ethereum based digital currency âViTokensâ from December 7, 2017.
New York NY, November 18th, ViMarket is pleased to announce that the pre-sale of the companyâs digital currency ViToken, an ethereum based cryptocurrency, is all to get underway on December 7.  The crowdsale of ViTokens will allow access to the utility tokens at a significant discount compared to the expected retail price. ViMarketâs Initial Coin Offering (ICO) has been scheduled to start from December 1st, after the completion of the presale campaign.
A 3D marketplace that allows users to create and share virtual reality (VR) experiences, ViMarket promises to bring about a much-needed breakthrough in the global e-commerce ecosystem. The VR technology utilized by ViMarket is utilized in online games to offer unprecedented confidence and value to the shoppers while making a purchase from any of their internet connected devices.
With its proprietary editor, ViMarket allows users to create interactive, photorealistic VR simulations regardless of their professional experience or training. At present, the primary areas of focus for ViMarket are the real-estate and interior decoration sectors. However, very soon, it is expected to include fashion, automotive and ultimately all e-commerce verticals.
ViMarket encourages users to become âvisionariesâ by purchasing the virtual version of their contemplated purchase using ViTokens, and simulate the ownership before deciding to purchase the Real-Life (RL) product. This is achieved through simple, easy to use tools that allow customers or âvisionariesâ to recreate environments within which the product would be utilized, then comparing the product against other choices, thereby reducing âshopping cart abandonmentâ, estimated to cost online retailers up to $6.2Â Trillion annually.Â
The most significant value proposition offered by ViMarket comes in the form of its proprietary âViTokenâ virtual currency that allows users to purchase the virtual version (âvirsionâ) of the things they are interested in. This virtual âtry before you buyâ feature represents real economic value because owning the virsion of an item entitles the owner to a specific discount on the purchase of the RL product from the âMerchant Sponsorâ selling the item on the platform.
âViTokens, therefore, are exponentially more valuable than their cost to shoppers who are seriously considering purchasing an item.â says Kant Jain, the chief visionary and the Director of ViMarket.
ViMarket has recently engaged David Drake, and his firm LDJ Capital, as the lead board advisor for their upcoming Initial Coin Offering. Mr. Drake is a noted blockchain advocate with over twenty-five years of experience in supporting and developing technology, media, telecommunications, real estate, hospitality, cleantech, energy and social impact projects.Â
âIâm extremely excited and honored to be involved in such a potentially disruptive solution for e-commerceâ said Drake, in an interview filmed at the NASDAQ stock exchange and available on the ViMarketâs ICO site, Vimarket.io.
About ViMarket
ViMarket is a 3D marketplace that allows users to create and share virtual reality (VR) experiences, using any device connected to the Internet. These creations can be personal or for business and are created using ViMarketâs proprietary editor which allow users to create interactive, photorealistic VR simulations with no professional experience or training. Currently the company is launching focusing on the real-estate and interior design space, but is expanding quickly to include fashion, automotive and ultimately all e-commerce verticals.
Website: http://www.vimarket.io Â
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.