Ad

EngineBloc, a a startup growth studio that advises company founders of technology companies today announced the launch of the first ever “AR/VR + Blockchain Industry Landscape”. The infographic provides an overview of the companies operating at the intersection of Virtual Reality, Augmented Reality and Blockchain technologies.

“We have been following this space for a while now and we’re excited to see the combination of some of the most exciting technologies give birth to an entirely new industry” said Gordon Meyer founder of EngineBloc.

The industry landscape covers platforms as well as tokens that support the creation of VR and AR assets with the benefits of Blockchain based NFT applicaitons to ensure author credit and value remain attached to the assets. The companies listed on the landscape cover a wide range of applications within the ecosystem from live music experiences in VR to a collaboration tool for scientists to create nanotechnology models by collaborating remotely via VR.

“I think we’re at the beginning of a massive industry and we expect to track its growth as the adoption curve of Immersive technology explodes over the next few years. It’s clear that blockchain has the ability to support new business models of shared economies within virtual and augmented worlds that will become regular day-to-day experiences for consumers worldwide”

The augmented and virtual reality (AR/VR) market amounted to a forecast of 18.8 billion U.S. dollars in 2020 and is expected to expand drastically in the coming years according to Statista.

The current VR and AR blockchain ecosystem according to EngineBloc

Mr. Meyer added that “Companies seeking to be included in future iterations of our landscape as we continue to quantify the growth of this ecosystem can submit their projects on our website