2017 was by far a year of the ‘crypto-hype.’ We were privy to witness the value of Bitcoin skyrocket to astronomical highs, ICO’s became the order of the day, and more importantly, the overall valuation of cryptocurrencies hit a record $800 billion. This all came on the backdrop of heightened investor interest and increased participation of traditional institutionalized bodies, most notably CME and CBOE. Amidst the numerous positives, however, for an investor, it became particularly difficult to sort the proverbial goat from sheep. ICO’s were springing up on the daily each with a promise of bitcoin-like returns on investments. But like we’ve all come to see at the end of 2017 – houses built upon sand fail to stand the test of time. Project Districts is however not your everyday crypto-startup. Founded by Blockchain Technology LLC, a Dubai based tech holding with strategic interests in blockchain technologies and cryptocurrency, Districts is the world’s first full-featured decentralized virtual and augmented reality miniverse, complete with its own custom IDE and payment processing gateway – 3DCOIN.
The value proposition of Project Districts
Quite practically the long-term success of any blockchain based start-up (much like real-world private institutions) is hinged on how well it can identify, strategize and provide solutions to real-world problems. Project Districts launches as the panacea for all the limitations faced so far in the 3D/virtual reality/augmented reality ecosphere. And while that sounds boisterous to say the very least, its base Blockchain framework and competent VR architecture (developed with Unreal Engine 4) sets it apart from previous implementations of virtual and blockchain technology. In truth, Districts is the first synergistic manipulation of blockchain and virtual reality with integrated development options and a limitless ecosystem. By leveraging on the immense capabilities of a P2P based blockchain ecosystem, the Districts 3D world scales the traditional barriers that have so far stymied innovation and creativity. At launch, the 3D world users will have at their disposal an immense cache of resources to facilitate innovation of every form and kind. New realities will be shaped, and a faultless self-sufficient ecosystem, where the only limitation is imagination will immerge. It is this thriving miniverse we invite you to be a part of, rest assured that whatever your needs are; be it recreation, business or leisure the Districts 3D world is well suited to accommodate them.
Why Districts fits the tag of ‘the perfect Investment.’
Virtual and augmented reality is undoubtedly technology for the future. And commemorating that fact, the industry has pulled in what is best described ‘futuristic’ investments. 2014 saw Facebook acquire Oculus Rift for a whopping $2 billion. Google followed suit by launching a dedicated VR department. Other industry heavyweights inclusive of Alibaba, Qualcomm, and J.P Morgan reportedly committed in excess of $793.5 million to innovation in the sector. For the everyday tech enthusiast without the massive capital needed to penetrate the industry, Project Districts present a viable opportunity to make an impact.
Following a successful first round ICO campaign that saw it raise over 30 million 3DC (valued at approx. $8 million) Project Districts is without a doubt on the pathway to fulfilling its many promises. Surpassing this significant milestone (its soft cap) means that the Districts Development team now has enough resources to effectively undertake full-time development and implementation of the 3D world, a task the team has already gotten on with. Available for download on the project’s web portal is the beta version of the 3DCoin wallet. The Districts team has also uploaded numerous demo renditions of the districts 3D world – but there is more to be done.
Project Districts will consider itself fully funded, without the need for any further investments, when the ongoing ICO surpasses its hard cap valued at about 100 million 3DC. At that stage, all costs, from marketing to branding and even third party rights acquisition would have been covered. Projects Districts would be fully fledged and ready for user immersion. As an investor, there’s no better time than now to commit to the Districts dream. Aside from the numerous early investor perks, investors also stand a chance to reap immense benefits once 3DCoin, Districts native cryptocurrency solution goes live on crypto exchanges later in Q2 2018. Given the Districts real world backed value proposition and potentially disruptive nature, it inadvertently follows that demand for 3DCoin would be more than substantial.
To further protect the interests of early investors the Districts team has taken the extra step to curate the 3DCoin purchasing power of Bitcoin. So regardless of the market volatility of Bitcoin (which has so far suffered a depreciation of more than 30%) investors still get 40k 3DC for every bitcoin committed to the project. Think of it as killing two birds with one stone; investors get to facilitate the realization of the Districts reality whilst minimizing their losses in the crypto market. These added incentives if anything, resonate the passion and commitment of the Districts team to escalate the project to the height it was set to reach. For them, as was always, the goal remains to provide a truly disruptive virtual reality ecosystem complete with groundbreaking capabilities and curated by a like-minded enclave of tech and non-tech enthusiasts. Are you ready to be a part of this community?