Among the more ambitious and interesting ICOs to emerge so far in 2018 is Mark.Space, which aims to build the next generation internet replete with virtual reality and 3D experience. This virtual world will be powered by blockchain technology, which will register ownership of virtual objects and will allow the transfer of goods and services within it.
The virtual world of Mark.Space is made up of units that can be purchased and made accessible to the owners. Each virtual unit is about 70 square meters and is linked to a web domain. Users of the platform can use programs such as 3DMAX to design their unit, a camera to obtain a 360 degree panorama that can be imported into the unit, or can use the available tools available with the web-based platform to create a dream interior.
The four types of units on the platform are residential, community, shopping, and business. These different types or categories of units will have their own rules and tools given their different purposes. By creating different categories of units with their own rules, Mark.Space will be able to create a virtual world that mimics the real world in structure and organization. Accessing the virtual world of Mark.Space will not require an expensive VR headset, and can be done with an ordinary web browser, though the platform will work with VR headsets and glasses to enhance the user experience as much as possible.
Using their imagination and creativity, users can decorate their units with paintings, furniture, electronics, and other objects as they see fit. Media content can also be uploaded to the electronic devices within the unit, allowing for a very immersive and realistic experience. Using Mark.Space, users can thus blend their dreams with reality.
The ownership of property in this virtual world is registered on the blockchain using “smart contracts,” which are contracts that execute automatically when the preconditions of two parties are met. All transactions will be recorded on the blockchain, and will thus be recorded immutably for users to see. The immutable nature of transactions and the transparent nature of ownership are also ways that this virtual world will mimic and enhance reality.
The native token of the platform is MRK, which can be traded for virtual goods on the platform and can also be traded for other tokens and cryptocurrencies at major exchanges. MRK is ERC20 compatible and runs on top of the Ethereum blockchain. As the platform grows in popularity and use, the value of MRK tokens is likely to rise.
The Mark.Space ICO is taking place and ends February 28, 2018. During this time, investors will be able to buy MRK tokens at a discount. Investors who are looking to gain exposure to the fast-growing industry of virtual reality may want to consider investing in Mark.Space, given the audacious aims of the project and its position as one of the first-movers in bringing blockchain technology to the industry.
*I am receiving Mark.Space tokens for the growth of the community.
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