Hacker Noon July 21, 2019
Tanvir Zafar

According to a recent market report, the VR industry will grow at the incredible annual rate of 35% in the next few years. As more and more people start to buy headsets, the industry will need to keep generating fresh content to keep them interested. And as companies and users produce ever more VR experiences, the question of ownership rights will naturally arise. VR can be a rich source of monetization – but how can experience creators make sure that the revenue goes to them? Here’s where blockchain comes in: it’s a great mechanism to establish rights to an asset and track its usage. Not surprisingly, quite a few projects have emerged proposing to merge blockchain and virtual reality.