Crypto

Coronavirus Crisis Shows Benefits of Virtual Reality to Cryptocurrency Enthusiasts

During the coronavirus crisis, a lot of focus has shifted to online meetings and virtual communication. All of this seems to indicate that virtual reality will become more popular, even in the cryptocurrency space.

Virtual reality remains a very niche technology for most consumers and companies.

Exploring Crypto and Virtual Reality 

It is something no one really needs, despite its potential.

During the coronavirus crisis, the demand for online “social” solutions is on the rise.

As such, now is the time to shine for virtual reality, even in the world of cryptocurrencies.

Several cryptocurrency-oriented meetings have already taken place in VR over the past few months.

Although the user pool is still relatively small, it shows how much potential this technology has.

Related Post

That being said, there is still a lack of VR-oriented crypto and blockchain projects.

So far, it seems Decentraland is the only real option worth exploring, at least for now.

Until VR takes off on a larger scale, there isn’t any real need for developers to explore that technology either.

Only time will tell whether VR and crypto can flourish together, or remain separate niche markets.

It is evident that innovative technologies will need to get to the “next level” of adoption.

Right now, it appears that such a shift will happen for cryptocurrency, but not necessarily for virtual reality.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Standard Chartered and Coinbase Deepen Institutional Crypto Partnership

Standard Chartered and Coinbase are pushing their institutional crypto relationship into a new phase. On…

17 minutes ago

OKX Breaks Silence on MANTRA Incident as Evidence Points to Coordinated Market Manipulation

OKX has issued a detailed public statement addressing the events surrounding the MANTRA (OM) market…

31 minutes ago

Ethereum Proposes ERC-8092 to Solve Onchain Identity Fragmentation

Ethereum is preparing a deep structural upgrade. Not to gas fees. Not to throughput. To…

1 day ago

Pyth Network Activates Token Buybacks as Real Revenue Crosses $1M ARR

Pyth Network is taking a decisive step toward sustainable value accrual. The oracle network announced…

2 days ago

Tether Makes €1B Play for Juventus , Exor Shuts the Door

Tether has made one of the boldest moves yet by a crypto-native company into legacy…

2 days ago

10 Trusted Cloud Mining Platforms to Earn Free Bitcoin Daily in 2026

  Cloud mining continues to gain massive traction as 2026 inches closer. In tough economic…

2 days ago