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Home Industry Press Release

VRJAM Announces The Initial Exchange Offering Of Its Revolutionary Metaverse Currency, Vrjam Coin

November 28, 2022
in Press Release
Reading Time: 8 mins read

London, UK, 28th November 2022, Chainwire

VRJAM, the leading platform for Web3 live events, today announced the launch of its revolutionary new digital currency, VRJAM Coin, via exchanges Gate.io and MexC on November 30th. VRJAM and the Metaverse cryptocurrency is currently worth $40 million and has attracted investment from 15 world-leading Web3-focused VCs and investors.

VRJAM first hit the market in 2019 with a product in alpha state and has been in business for the next four years with double-digit growth each year. The founder’s tenacious approach eventually grew the business into the UK market leader in immersive live events, serving hundreds of premium content to his creators and brands in the process.

At the beginning of the month, VRJAM’s public content platform was released after four years of development and market validation. download VR jam platform app Dive into the virtual world of 5th Dimension or VR jam browser application Render custom avatars and purchase VRJAM NFTs.

VRJAM provides a premium content platform for high quality, immersive live events. red bull, Shangri-La at Glastonbury Festival, convulsions (a company owned by Amazon), and even UK Government’s Creative Industries Council.

VRJAM’s technology has also attracted the attention of leading technology brands, including Google (VRJAM is a member of Elite). google campus startup accelerator) and the world’s largest game publisher epic games (Epic is a prominent Epic Mega Grant program).

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The quality of VRJAM’s native currency has been solidly validated by investments in the currency with a total of $2.2 million invested to date. The list of VCs and investors who have backed VRJAM Coin so far include: NGC Ventures, Sky Vision Capital, DWF Labs, EnjFi, Gate.io Ventures, Animal Concerts, AU21, Stablenode, Axia 8, Enjin, Eight Rings Ventures, Panony, TPS Capital, Oracle Investment Group.

VR jam coin It is somewhat unique in the web3 vertical as it focuses on consumer use cases. VRJAM Coin is also intended to be used by consumers, brands and content creators to buy and sell products, content and services within the rich virtual worlds built on the VRJAM Platform.

This fact means that demand for the coin will be magnified by consumer and brand usage. This extra demand insulates the token price somewhat from the crypto market storms and provides a safer and more stable opportunity for investors.

The VRJAM platform offers a wide range of cryptocurrency use cases such as tickets, avatars, backstage passes, premium content, and buying and selling virtual real estate. VRJAM’s virtual real estate model is also unique, offering a smart alternative to the traditional “metaverse land” investment model. For more information, VRJAM website.

But the most important part of the consumer use case VRJAM Coin addresses is how the conversion of consumers from Web2 to Web3 happens.

VRJAM’s user acquisition strategy relies on collaborating with global brands and content creators to give consumers free access to magical experiences on the VRJAM platform. Strong User Acquisition, VRJAM turns consumer audience into account holders and coin holders on his VRJAM platform by working with top creators and brands to provide fans with premium content not available anywhere else Gain access to strategies.

Several brands and creators VRJAM has already worked with to bring live events and content on the platform to life: animal concert, polygon studio, snoop dog, billy ray cyrus & Avila Brothers “Hardworking man‘ Metaverse Project, Roger Sanchez, umek, DJ Craze, Jay Walla When Stanton Warriors.

This strategy is enhanced and accelerated by VRJAM’s play-to-earn rewards program. Over $20 million in cryptocurrency will be distributed as consumer rewards and incentives to drive adoption of VRAM’s technology.

On November 30th, several important events will combine for the successful market entry of VRJAM Coin.of activation of VRJAM’s NFT Marketplace Through the provision of ultra-rare NFTs by leading music artists.of VRJAM native.staking pool launch Including the launch of VRJAM Coin on two of the world’s leading cryptocurrency exchanges, farming pools and traditional time-locked pools that give the VRJAM community the opportunity to expand their investments. Mexico C When Gate.io.

VRJAM Coin’s first DEX service is now live on three of the world’s leading IDO launchpads. trust pad, Communitas When EraxInvest in and participate in the VRJAM community by visiting one of VRJAM’s IDO launchpads

About VRJAM

VRJAM is an award-winning real-time platform for premium virtual events and immersive social games.

The VRJAM platform enables creators and brands to deliver exciting immersive experiences to fans that redefine fan engagement within the Web3 environment. Over the past three years, the platform has empowered the world’s leading brands and artists, including Carl Cox, Ultra Records, Twitch, Red Bull and Fatboy Slim, to redefine the fan experience in the digital space.

These experiences will be monetized using VRJAM’s native cryptocurrency, VRJAM Coin, and also through the creation of innovative new types of NFTs native to VRJAM’s virtual world.

The platform’s live experience capabilities, combined with a sophisticated smart contract infrastructure and crypto-native feature set, create new ways for brands and content creators to render digital content and interact with fans.

VRJAM’s community of partners, advisors and investors includes leading brands in the blockchain space such as Polygon and Gate.io, as well as a range of leading consumer brands such as Epic Games, the world’s leading game publisher. will be

web link

website | | twitter| | telegram | | LinkedIn | | reddit | | discord | | Instagram | | Facebook | | coin market cap

content link

VRJAM logo

cinematic trailer
https://drive.google.com/file/d/1UylXGeMkQxIkO7g1J9GN1EWbqL5srOQX/view?usp=sharing
In-app gameplay video
https://vimeo.com/manage/videos/745343707/bbce7ed7bc
metaverse live event video
https://vimeo.com/manage/videos/750294104
In-app image
https://drive.google.com/drive/folders/1jlxbh26RNpSWXDPVwRfGV27LpSgeXKyx?usp=sharing
header image
https://drive.google.com/file/d/1nhF7CVCjIqQF1wGpiowfjWnTjByHF5F4/view?usp=sharing

contact

Marketing Lead, Ashley Jaeger, VRJAM, [emailprotected]


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