WELCOME TO
THETERRA FUTURE VIRTUA • WHITE PAPER TERRA VIRTUA WILL CHANGE VR ENTERTAINMENT.
Terra Virtua is harnessing the potential of the VR entertainment industry, predicted to be worth over 18 billion within the next few years. Our disruptive business model will aggregate the existing VR marketplaces and serve all entertainment content via a single blockchain-driven, social, immersive platform. This technical and commercial innovation will encourage faster adoption of VR itself and propel the industry forward, with the Terra Virtua team at the forefront.
ROBUST BLOCKCHAIN ECONOMY REVENUE CREATING BUSINESS MODEL WORLD CLASS MANAGEMENT TEAM SUPPORTS ALL MAJOR VR PLATFORMS CONTENTS
Welcome to Terra Virtuatm...... 1 Revenue Model...... 10
Games, Attractions and Esports...... 2 Driven by Blockchain...... 11
Sports, Concerts, Live Events...... 3 Terra Virtua Currency (TVA)...... 12
Terra Forma...... 4 Initial Coin Offering...... 13
The Terra Virtua Experience...... 5 TVA Token Sale...... 14
Companion App...... 6 Allocation of Proceeds...... 15
Immersive Realities...... 7 The Company...... 16 Roadmap...... 17 Industry Partnerships...... 8 The Team...... 18-20
VR Market Analysis and Predictions...... 9 Press...... 21
WHITE PAPER THE ONE SOURCE FOR VR ENTERTAINMENT
Terra Virtuatm is a unique, blockchain-driven VR platform, a VR ecosystem delivering all forms of entertainment within a virtual world, and supporting all of the top VR hardware brands The platform will be comprised of:
1 INTERACTIVE INTERTAINMENT 2 PREMIUM EVENTS 3 USER-GENERATED CONTENT
Premium games and attractions, Concerts, Sports and other Live Monetiseable User-created VR including eSports, from events in VR content, created using our Terra established games developers, Forma toolkit. which can be accessed via a Netflix-style monthly subscription.
WHITE PAPER PAGE 1 GAMES, ATTRACTIONS AND ESPORTS
Terra Virtua has partnered with many games developers and studios, including Epic Games and MakeReal, to bring the best VR games and experiences to the platform. We are not only taking existing top games currently on the market, but also we are funding development of new games to ensure we have exclusive and desirable content to drive even more users to this disruptive platform. This ensures a diverse portfolio of exciting games from launch.
We are actively in discussions with eSports companies, bringing another highly-sought sector to the platform. Newzoo has forecasted eSports revenue to grow to $1.5b by 2020 with brand investment doubling by this point. Terra Virtua allows tournament hosts to offer a whole new spectator experience in a 360 virtual environment.
All of this content will be provided to consumers at an affordable monthly subscription, giving unlimited access to all of the above similar to the Netflix model.
WHITE PAPER PAGE 2 SPORTS, CONCERTS AND LIVE EVENTS
VR consumers and players will enjoy watching events such as sports events, cinematic broadcasts, concerts and theatrical performances, all in VR as if they are there. There are plans to have virtual arenas spread throughout the Terra Virtuatm platform. Terra Virtua is already in discussions with sports leagues, concerts right holders and event organisers to offer these premium events inside the Terra Virtua platform.
Companies who have recorded previous events have not had a platform to offer these events in the past, or lacked the expertise and user traffic to capitalise on the technology.
The Terra Virtua platform will enable these events to be viewed in full immersive reality and drive new users to an entirely new way of enjoying attractions. Imagine watching the World Cup, or the Superbowl as if you were there - experiences like this will be possible in the future. This content will be offered via a premium/pay-per-view model.
WHITE PAPER PAGE 3 TERRA FORMA - USER GENERATED CONTENT
We are working with Epic Games to create a simplified version of their Unreal Engine - the software backbone of the most sophisticated 3D videogames on the market. ‘Terra Forma’ will be a simple, but powerful, toolset allowing all Terra Virtua users to create their own content, be it games, experiences or other attractions. These experiences will be then be hosted in Terra Virtua allowing users to monetise their experiences.
Epic Games, with their top game ‘Fortnite’ currently earning over $100m per month, have developed the Unreal Engine which will drive Terra Forma. The Terra Forma tools will be free for all users, and we anticipate this being one of the most popular aspects of the platform, as demonstrated by the huge adoption of User Generated Content in Minecraft and Roblox.
WHITE PAPER PAGE 4 THE TERRA VIRTUA EXPERIENCE
When you enter Terra Virtuatm the player enters a unique Virtual Environment. With accessible and intuitive navigation you can enter portals taking the player to any experience they choose, be it solo or team games, attractions, events and much more. The Terra Virtuatm platform is divided into zones which host portals, leading to attractions. Different from traditional Virtual Worlds, Terra Virtua employs an intuitive and simple navigation system which allows the user to be instantly transported to any point in the platform
You are represented by your own virtual avatar or ‘vFlect’ which acts as your companion and guide in Terra Virtua. Your friends are also represented by vFlects, making Terra Virtua a place to meet, chat, play games or attend events together. Terra Virtua will be a very social environment, creating new communities and relationships through joint experiences.
Terra Virtua will ensure the entire VR community has access to our platform by being hardware agnostic and will support all of the major VR technologies.
WHITE PAPER PAGE 5 THE COMPANION APP
Terra Virtuatm doesn’t end when the VR headset is removed. The Augmented Reality (‘AR’) companion app is a real-world connection to the platform. If a player is not wearing a VR headset but still wants to interact with Terra Virtua, they simply open their app. Via the app, players can browse the marketplace for digital assets, be pushed new and engaging content, special offers and can add shortcuts to new experiences they may want to try later in Terra Virtua. Players can enter an AR portal inside the VR world, to watch their friends play games, update their VFlect or interact with other players.
The app will utilise Artificial Intelligence (AI) to understand user behaviour and present them with tailor made, user specific information, based on their interests and behaviour. It will enable you to bookmark experiences, store your achievements, rank, status for different games and plan gameplay experiences with friends. The app acts as a messaging and meeting system between the visitor and their friends and will also allow interaction directly with their Vflect in fun single and multiplayer minigames.
A truly intelligent AR app, this will offer a fun and immersive companion application to the core experience.
WHITE PAPER PAGE 6 IMMERSIVE REALITIES
Terra Virtua is the beginning of Virtual Reality 2.0. A vision which was shown in the recent ‘Ready Player One’ movie. With features and functionality that place the focus purely on the user experience and the content within that environment, Terra Virtua will provide more ‘real world’ capabilities than any other VR experience.
Imagine taking a selfie of your VFlect (your VR avatar), sending a snapchat from inside Terra Virtua, posting to any social media platform, or even ordering a Domino’s pizza without leaving the magic of the VR environment. For the first time in a VR gaming experience, users will be able to cash out their TERRA through their cryptocurrency wallet (enabled by the ERC 20 blockchain) into fiat for real world use.
By enabling real world activities from within Terra Virtua, and by interfacing with IoT (internet of things) enabled products outside of Terra Virtua, the user will experience a mixed reality like never before. Over the long term we expect user behavior and demands to adapt to this cryptocurrency economy, creating a new type of user, where their gaming has direct impact on their real lives.
WHITE PAPER PAGE 7 INDUSTRY PARTNERSHIPS
Terra Virtua has partnered with Epic Games, creators of the worldwide phenomenon Fortnite and top VR game Robo Recall, to bring their content to Terra Virtua.
Epic Games’ Unreal Engine will form the core of the 3D platform across Terra Virtua and we will be working closely with the company to build the Terra Forma user toolkit, again based on the Unreal Engine.
We have already secured commitment and partnerships with a number of top games studios and negotiations are underway with many more Gaming companies, hardware companies, eSports Platforms, Entertainment Media, Music and Sports Event Broadcasters. Watch this space!
Actual in-platform images.
WHITE PAPER PAGE 8 VR MARKET SIZE AND PROJECTIONS
Overall VR market size analysis varies slightly from sources, but all are in agreement with their forecasts of significant growth over the next few years, even going by the lowest estimations, this young and evolving market is highly promising:
TARGET MARKET CONSUMER VR 2021 VR + AR 200 BY 2025 FORECAST million VR HEADSETS will be $18.9bn $110 bn SOLD worldwide 2020 $80 BN $11.6BN VIDEOGAMES by 2020 2019 $42BN $4.1BN LIVE EVENTS VIDEO 2018 $20BN $3.2BN ENTERTAINMENT
SOURCE: TRACTICA SOURCE: GOLDMAN SACHS GLOBAL SOURCE: DIGI-CAPITAL INVESTMENT RESEARCH *BASE CASE SCENARIO
WHITE PAPER PAGE 9 TERRA VIRTUA REVENUE MODEL
Unlike other platforms, Terra Virtua creates multiple revenue REVENUE streams via B-to-B, B-to-C and C-to-C. Terra Virtua takes 20% from any transaction conducted within the platform.
P P P R A A R R R T P
A A A A P I A P T P T T
WHITE PAPER PAGE 10 DRIVEN BY BLOCKCHAIN
With Blockchain as the backbone of the Terra Virtua economy, we are making a leap to democratising distribution of Intellectual Property based digital content IP protected Unlimited The TVA token is a platform-wide utility token, which can be user created Games and used for securely buying, earning, creating and trading assets; content with Experiences earning in one game or experience and spending in another Terra Forma is finally a reality. Our use of blockchain eliminates payment fraud, security, licensing and digital rights management issues, eSports transparency issues and clarity of ownership, creating a balanced, secure ecosystem. We can ensure that the content creators will always participate Fraud protected Single token in every commercial transaction involving their assets so that, eSports and TERRA VIRTUA used across for instance, they will always get a fair revenue share from social gameplay BLOCKCHAIN entire platform resale of their content, with blockchain ensuring swift payouts. Our blockchain-powered platform also addresses the current problems in the videogame entertainment B2B space which include Secure Licensing & • Content creators do not benefit from any resales of their content Marketplaces Ownership • Games do not have a collective infrastructure for trading digital management with smart contracts • Publishers are struggling to attract their target audiences assets • Brands are forced to spend vast amounts on sponsors and advertising • Developers wait up to 60 days to be paid by current platforms
WHITE PAPER PAGE 11 TERRA VIRTUA CURRENCY - TERRA TOKENS (TVA)
The currency of Terra Virtuatm is TERRA (TVA). All P T T transactions within the platform will be based on this token. We are pre-selling TVA to allow contributors, developers and gamers an opportunity to A TERRA E be involved in the creation of T E this amazing VR/AR platform. T A