London, UK, November 28, 2022, Chainwire

VRJAM, the leading platform for Web3 live events, today announced the launch of its revolutionary new digital currency VRJAM Coin with IEO on November 30 via Gate.io and MexC exchanges. VRJAM and the metaverse’s cryptocurrency is currently valued at $40 million and has attracted investment from 15 of the world’s leading web3-focused investors and venture capitalists.

VRJAM first hit the market with an “alpha status” product in 2019 and then ran the business for 4 years, producing double-digit growth year-over-year. The founder’s tenacious focus ultimately grew the business to become a UK market leader for immersive live events, serving hundreds of brands and premium content creators along the way.

At the beginning of the month, the VRJAM public content platform was launched after 4 years of development and validation in the market, download the VRJAM platform app now and immerse yourself in the virtual world of 5th Dimension, or create an account in the VRJAM browser app to render a custom avatar and purchase VRJAM NFT.

VRJAM offers a premium content platform for high-quality, immersive live events that has been built on years of experience serving clients like Red Bull, Shangri La from the Glastonbury Festival, Twitch (a company owned by Amazon) and even the UK Government Council for Creative Industries.

VRJAM’s technology has also caught the eye of blue-chip tech brands like Google (VRJAM is a member of the elite google campuses startup accelerator) and the world’s largest game publisher epic games (Epic provided funding and financial support to VRJAM through the prestigious Epic Mega Grants Program).

The quality of VRJAM’s native coin has been firmly validated by investments made in the coin to date, totaling $2.2 million in invested capital, a list of the VCs and investors who have backed VRJAM Coin to date. 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, and Oracle Investment Group.

VRJAM coin it is somewhat unique in the web3 vertical due to its focus on the consumer use case. 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 world built on the VRJAM platform.

This fact means that the demand for the coin is magnified by its use by consumers and brands. Through this additional demand, the token price is somewhat insulated from the storms of the crypto markets, offering investors a safer and more stable opportunity.

The VRJAM platform offers a wide range of use cases for its cryptocurrency, including buying and selling tickets, avatars, backstage passes, premium content, and virtual real estate. VRJAM’s virtual real estate model is also unique and offers a smart alternative to the traditional ‘metaverse land’ investment model, learn more about this in the VRJAM website.

The most important part, however, of the consumer use case that VRJAM Coin addresses, is how the consumer conversion from Web2 to Web3 happens.

VRJAM’s user acquisition strategy is based on collaboration with global brands and content creators, offering consumer audiences free access to magical experiences on the VRJAM platform. By cooperating with top creators and brands to deliver premium content that fans can’t get anywhere else, VRJAM gains access to a powerful user acquisition strategy that turns consumer audiences into account owners and coin holders in the VRJAM platform.

Some brands and creators that VRJAM already works with to activate live events and content on the platform are animal concerts, polygon studies, snoop dog, billy ray cirus & Avila Brothers ‘Working man‘ metaverse project, Roger Sanchez, umek, dj madness, Jay Worra Y stanton warriors.

This strategy is reinforced and accelerated by VRJAM’s Play to Win Rewards program, whereby more than $20 million in cryptocurrency will be distributed as rewards and incentives to consumers to drive adoption of VRAM technology.

On November 30, a series of key events will combine to create a successful market entry for VRJAM Coin, including; the activation of VRJAM NFT Market through offering a range of super rare NFTs from top music artists. the launch of VRJAM native stake pools including time-limited farming pools and traditional pools to provide the VRJAM community with opportunities to increase their investment and the launch of VRJAM Coin on 2 of the world’s leading crypto exchanges, Mexico Y gate.io.

VRJAM Coin Initial DEX Offering is now available on 3 of the world’s leading IDO launch platforms, trust dashboard, Kommunitas Y Erax. Head over to one of VRJAM’s IDO Launchpads to invest and join the VRJAM community

About VRJAM

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

The VRJAM platform enables creators and brands to deliver inspiring immersive fan experiences that redefine fan engagement within the Web3 environment. Over the past 3 years, the platform has empowered some of the world’s leading brands and artists to redefine the fan experience in the digital space, including Carl Cox, Ultra Records, Twitch, Red Bull and Fatboy Slim to name a few. .

These experiences are monetized using VRJAM’s native cryptocurrency, VRJAM Coin, and also by creating revolutionary new types of NFTs that are native to VRJAM’s virtual world.

The platform’s live experience features combine with an elegant smart contract infrastructure and native cryptographic feature sets to create new ways for brands and content creators to present digital content and engage with fans.

VRJAM’s community of partners, advisors and investors includes some of the leading brands in the blockchain space, such as Polygon and Gate.io, as well as a variety of top-tier consumer brands, including the leading game publisher in the world, Epic Games.

web links

Website | Twitter| Telegram | LinkedIn | Reddit | Discord | instagram | Facebook | CoinmarketCap

content links

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
Images in the application
https://drive.google.com/drive/folders/1jlxbh26RNpSWXDPVwRfGV27LpSgeXKyx?usp=sharing
header image
https://drive.google.com/file/d/1nhF7CVCjIqQF1wGpiowfjWnTjByHF5F4/view?usp=sharing

Contact

marketing leader
ashley jager
VRJAM
ashleyj@vrjam.com