Altair VR — ICO Review

Altair VR is the first professional project that aims to launch a full virtual reality solution on the blockchain. Participants on the Altair VR platform will be able to not just participate in unique virtual reality experiences, but actually create their own VR scenarios and share them with others. With both VR and blockchain set to dominate the next decade, Altair is in a unique position to be a pioneer by combining these two fields together.

Participants on the platform will purchase special virtual reality headsets, covering their natural vision with a full virtual interface. The user then chooses their virtual reality scenario, and interacts with it. The scope of virtual reality scenarios on Altair VR seems to be limitless; creators can create any scenario imaginable, ranging from climbing a mountain or visiting a neutron star, right through to more useful applications involving education where you can be in a live virtual classroom learning your favorite topic, or virtually fix a car/fighter jet with your own hands to gain “hands on” experience at a task.

The Altair VR team aren’t just ivory tower visionaries either. The founder has success creating a large number of planetariums (educational theatres with giant screens) throughout Russia, and runs one of the leading planetarium service companies within Russia. The motivation behind Altair VR is to create a virtual education platform that makes learning easier, more fun, and most importantly, more efficient. Whilst this is the primary motivation behind the platform, the actual applications could indeed be anything.

The AltAir VR team has actual experience launching various planetariums in Russia.

What I like about this ICO is that the team is transparent, and they have real business experience related to their project. Many ICOs have teams that seem too afraid of the spotlight, perhaps not confident enough in their project. Not the case with Altair VR. As can be seen from their team video, they are transparent and are putting themselves out there in marketing their project and what it aims to solve. This automatically adds a tremendous amount of legitimacy to the ICO in my eyes.

How Will Altair VR Work?

Participants on the platform will purchase special virtual reality headsets, covering their natural vision with a full virtual interface. The user then chooses their virtual reality scenario, and interacts with it. The scope of virtual reality scenarios on Altair VR seems to be limitless; creators can create any scenario imaginable, ranging from climbing a mountain or visiting a neutron star, right through to more useful applications involving education where you can be in a live virtual classroom learning your favorite topic, or virtually fix a car/fighter jet with your own hands to gain "hands on" experience at a task.
The Altair VR team aren't just ivory tower visionaries either. The founder has success creating a large number of planetariums (educational theatres with giant screens) throughout Russia, and runs one of the leading planetarium service companies within Russia. The motivation behind Altair VR is to create a virtual education platform that makes learning easier, more fun, and most importantly, more efficient. Whilst this is the primary motivation behind the platform, the actual applications could indeed be anything.

The Altair VR platform will also undergo a token burning process, whereby 1% of the daily turnover of tokens will be burnt, until an ideal number of 100,000,000 ALT exist from the initial 1 billion creation supply.

Token Details
Initial creation Amount: 1,000,000,000 ALT
Target total supply after burning: 100,000,000 ALT
Tokens available at ITO: 500,000,000 ALT

All team tokens have 1 year vesting restrictions.

40% of funding will be spent on marketing, 39% on R&D, and 1% on charity. Rest will go to the team, bounty, and legal/administrative expenses.

Token Distribution Detail

Token Sale
AltairVR Pre Sale is current running, participants that invest during this period will get 35% ALT bonus upon their initial investment.

NB: The 35% bonus ends April 30, so hurry and buy some ALT now.
Visit link for details on how to buy Altair VR Token https://my.altairvr.io
Follow AltairVR On Media Page

Facebook https://www.facebook.com/altairvrico/
Twitter https://twitter.com/altair_vr
Website https://my.altairvr.io
Whitepaper https://altair.fm/ico/whitepaper_altairvr_en.pdf
Telegram https://t.me/altairvr
BitcoinTalk https://bitcointalk.org/index.php?topic=2468761.0

Anita Muy

profil Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2253966
ETH: 0xc8a9952dEc2a392fa15455F565849d2D2827BD67

Conclusion
There is not much that I can critique about this ICO. The team is verifiable and real, they have real world business experience related to their project, and they have a clear roadmap. I wouldn’t be surprised to see Altair as a household virtual reality name in the not too distant future. Like with any ICO however, you should not invest more than you can afford to lose since there are inherent risks with any investment that are not obvious. Will the team exercise their funding correctly? Will they stay engaged to the community post-ICO? I think there’s a high chance they will given their past experience and enthusiasm with the project, however no one knows these things for certain.

All in all however, if you believe in virtual reality, and would like to see a VR solution incorporated into the blockchain, then I’d definitely say Altair VR is poised to take the dominant role in this position, and has my recommendation.