Cryptocurrency FantasyCoin Announces Partnership With VR (Virtual Reality) Entertainment Platform Velvet Reality

LOS ANGELES - Sept. 26, 2018 - PRLog -- FantasyCoin, a digital currency supporting a VR/AR  entertainment virtual world, today announced its partnership with leading VR content platform, Velvet Reality. FantasyCoin is launching by offering virtual real estate in its "Fantasy" VR world modeled on real-world Amsterdam for sale to investors who will be able to earn revenues from engagement occurring on their property. FantasyCoin is powered by Gaze Coin, a smart contract blockchain solution that measures and monetizes viewer attention (VR/AR user gaze). Velvet Reality delivers hundreds of hours of premium VR content to all major platforms and will fully integrate FantasyCoin into their platform as a payment method.

What is Velvet Reality?

Velvet is a virtual reality platform delivering fully immersive 4K streaming content from the world's biggest VR producers to all VR headsets and smartphones seamlessly. Their integration of FantasyCoin will take place once the Fantasy land sale is complete.

Velvet Snapshot:

• Global mobile, AR and VR support
• Front end applications on all major platforms
• International back end and back office tools
• Ability to be reskinned; for any VR channel

Why Is The Velvet Deal Important for Fantasy Land Buyers?

Velvet allows landowners on the Fantasy platform to instantly distribute content to anyone with a mobile phone via a CDN solution using its pre-existing platform. Creators, performers, amateurs or simply those wishing to have fun can offer their own content on their own Fantasy property (apartment, cinema, nightclub, boat party or warehouse) via an established, fully-functional platform supporting 4K, 3D, 180- and 360-degree videos with binaural audio. The Velvet integration into the Fantasy world also includes a marketing and billing solution that will be 100% FantasyCoin-driven. Pending the successful completion of the Fantasy virtual real estate sale, this will be integrated in Q1 2019.

In addition to providing the delivery platform and starting content for Fantasy, Velvet will appear as owners of a number of VR cinemas and "star" apartments in Fantasy zones, including an "Alter Ego Hotel" in the Alter Ego sector (Fantasy is made up of 19 themed entertainment sectors). Visitors can seamlessly step inside these environments and earn up to a specific amount of FantasyCoin rewards for viewing and use these to purchase premium access to long-form VR scenes.

"Virtual reality, cryptocurrency and Gaze Coin's technology are the perfect synergy for the future of entertainment," said Miranda Burnet, President of Velvet Reality. "Seamless, based on eye tracking and where the user pays for actual engagement, this technology has a run-on effect for advertisers, too. We are looking forward to integrating Fantasy Coin into our platform and ours into theirs."

About FantasyCoin

Fueled by its own cryptocurrency, and modeled on real-life Amsterdam, Fantasy is a fully-functional,  narrative-driven mixed-reality (VR/AR) city broken into 19 themed red-light district sectors. Accessible in VR, AR and on the normal web, the city is promoted as a virtual escape for your alter ego where each street is uniquely, tantalizingly themed and behind every window lies a different fantasy. FantasyCoin is the official currency of Fantasy.

FantasyCoin is launching with a Fantasy virtual real estate sale October 20. The sale establishes a fully functional virtual 'Amsterdam' on Mars - complete with a red light district. Interested parties may pre-register at https://gazecoin.io/land-rush.

About Velvet Reality

Velvet Realityspecializes in offering fully immersive streaming video to any virtual reality headset. Partnered with premium content channels from around the world, Velvet Reality offers immersive content that allows the viewer to feel they are one of the characters in a scene . Access VELVET at home or on mobile, with any virtual reality hardware on the market- to instantly stream direct to your headset.

For content owners, the Velvet Reality platform provides content partners with industry leading control over intellectual property; the video file is streamed, not downloaded- and is fully DRM-protected from start to finish.