Crypto

Coronavirus Crisis Shows Benefits of Virtual Reality to Cryptocurrency Enthusiasts

During the coronavirus crisis, a lot of focus has shifted to online meetings and virtual communication. All of this seems to indicate that virtual reality will become more popular, even in the cryptocurrency space.

Virtual reality remains a very niche technology for most consumers and companies.

Exploring Crypto and Virtual Reality 

It is something no one really needs, despite its potential.

During the coronavirus crisis, the demand for online “social” solutions is on the rise.

As such, now is the time to shine for virtual reality, even in the world of cryptocurrencies.

Several cryptocurrency-oriented meetings have already taken place in VR over the past few months.

Although the user pool is still relatively small, it shows how much potential this technology has.

Related Post

That being said, there is still a lack of VR-oriented crypto and blockchain projects.

So far, it seems Decentraland is the only real option worth exploring, at least for now.

Until VR takes off on a larger scale, there isn’t any real need for developers to explore that technology either.

Only time will tell whether VR and crypto can flourish together, or remain separate niche markets.

It is evident that innovative technologies will need to get to the “next level” of adoption.

Right now, it appears that such a shift will happen for cryptocurrency, but not necessarily for virtual reality.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Justin Sun Pledges $SUN Buybacks With SunPerp Revenue

Justin Sun, CEO of TRON DAO, has just made one of his biggest announcements of…

2 days ago

$BNB Hits $1,000 ATH as Market Cap Reaches $145.7B

$BNB has broken through a historic milestone. The token surged past $1,000, setting a new…

3 days ago

Top 5 DeFi Tokens Less Than $1 Price Mark To Watch In September

Decentralized finance (DeFi) has continued to disrupt traditional financial systems, offering permissionless access to lending,…

3 days ago

Solana Data Insights: App Revenues Hit $193.5M in August, Up 126% YoY

Solana’s app economy posted another breakout month. Total application revenues surged to $193.5 million in…

4 days ago

Sharps Technology Aligns with Bonk for Treasury Staking and Solana Growth

Sharps Technology (NASDAQ: STSS) is making a major move in the Solana ecosystem. The company,…

4 days ago

Understand AR In the Context of LivLive’s Game Layer for Reality Ecosystem

LivLive is redefining augmented reality (AR) gaming by turning real-world actions into measurable value for…

5 days ago