I think the project will face competition, I came across a project called Ceek that offer the same features and same concept, allowing people to buy ticket and watch live concert through VR head set.
Oh yes, I just read about it little bit on their Ann Thread. They already take this to an other level. They allow their members to mint their own coins with very less transaction fees - less then Eth (LoL)
And they want to implement Ads ON. As far as I understand, people who watch the live concerts, are also going to see some advertisements and this will give the company a win-win-win situation.
They did many good stuff, I will try to the whitepaper of those two projects later and make a comparison between them. Anyway VR is still limited, for example this project has feature that allow artist to sell mass tickets all over world, in theory is good, but in reality not many people own VR device and those who own, not all of them own a good device that allows to have quality experience. Therefore those kinda of project will not shine in current time.
That's right, but I think this is a nich. There are too many people in the world, who are really looking for to take part in their favourite bands live concert, but they live in different continents and it is not possible for them financially. I do not know how much a good quality VR device costs, but it is for sure cheaper then to buy flight and concert tickets from India to America and also pay for hotel and co (just an example). So in my opinion the real fans of a music band are going to invest this money even it is 500 or 1k usd. Because I now crazy people even they have not too much money, they always buy the last version of Apple Phone or Samsung...
First, we should agree on one thing, attending an concern in real world is better, because fans like to see their fav star in real world and they already saw him behind screen all time, So if they are able to go there, they will prefer that option for sure.
VR concern is alternative and it's like watching it on TV, but VR make it close to be like you are in real concern.
Right now number of people that own VR device are limited, and people that own expansive one are less. Add to that, concern has to be filmed by specific cams in order to see on VR with 360 and that will not be possible all the time at current time, plus the technology itself still didn't provide to us a perfect device. Therefore, this kinda of product won't achieve big success in present time, but in long term, it will work well.
I understand your concerns on VR headsets and the popularity of VR. Once purchased you will have the ability to watch your content on any platform: web browser, smartphone, VR glasses or SmartTV. So you will have the ability to choose the option that you prefer. Please check out our white paper (https://www.concertvr.io/wp-content/uploads/dlm_uploads/2018/01/CVRWP-ENGL-1.4.compressed.pdf) to have some more detailed insights into this. Any further questions join us on our FAQ Telegram chat at: https://t.me/concertVR1
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