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Metaverse News Europe


Victoria VR is looking to transform the Metaverse in more ways than one. A closer look at the matter

11/14/2022

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There’s no denying that the Metaverse has piqued the interest of individuals all over the globe, so much so that its influence has seeped into a host of industries — including fashion, gaming, education, etc — over the last couple of years. To put things into perspective, recent studies estimate that the global metaverse industry will grow to a cumulative valuation of $996.42 billion by 2030, growing at a CAGR of 39.8% over the next eight-year stretch.
In a similar vein, the virtual reality (VR) market has garnered an immense amount of traction recently, especially as its use in relation to the gaming industry has grown thanks to the increased affordability of VR gear. Numerically speaking, this yet nascent sector is projected to grow from its 2022 valuation of approximately $16.7B to a sizable $227B by 2029.
To this point, Victoria VR is an upcoming revolutionary blockchain-based virtual reality Metaverse powered by the highly powerful Unreal Engine. As a result of its unique infrastructure, it can deliver realistic, highly-detailed graphics while utilizing a massive multiplayer-online role-playing game (MMORPG) environment. Not only that, it also comes replete with a social experience playground designed to provide a highly immersive experience.

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  • Home
  • News
  • Nominations
    • Top Global Event
    • Top Metaverse Platform & Virtual World
    • Top VC or Accelerator
    • Top Blockchain Developer Services Provider
    • Most Impactful Marketing Advertising Campaign
    • Most-promising Corporate VC Investment
    • Top Corporate Partnership
    • Top Legal Firm for Metaverse/Web 3.0 businesses
    • Top Avatar Design Company
    • Top Digital Twin Initiative Enterprise
    • Top Digital Twin Initiative Consumer
    • Top Cloud, Enterprise or Technology Partner
    • Top Partner for establishing early-stage presence in Metaverse
    • Most Innovative NFT Project
    • Top 3D Design Firm for Metaverse
    • Top Fashion Brand Initiative
    • Top Consumer Experience & Entertainment
    • Top Sports Brand Initiative
    • Top Enterprise Productivity initiative
    • Top Digital Payments platform
    • Most Exciting Scale-up Company
    • Top XR AR VR Firm
    • Most Exciting Hardware for Metaverse/Web3
    • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Summit Agenda - Day 2
    • Strategic Partners Matchmaking - Day 1
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022
    • FAQs
    • Brella Event App & Networking