XR Web Updated OnePager Guide

3 min readJun 7, 2019

XR WEB MISSION

Our Mission Since Web 3.0 will look and feel very different because of of the evolution of the internet, immersive AR/VR/MR Experiences and Cryptocurrencies built into the fabric of the internet, that means most of our current internet apps and business models has to be rebuilt and reimagined from scratch. We call this new form of Internet — XR Web. Our mission is to accelerate the development of XR apps to write the next chapter of the Internet.

MARKET

XR Web Network intend to capture a significant portion of the total XR market. Extended Reality — XR which comprises of AR, VR and MR has seen significant growth over the years. Based on data from a report by Zion Market Research, the global augmented and virtual reality market was valued at around USD 26.7 billion in 2018 and is expected to reach approximately USD 814.7 billion by 2025, at a CAGR of 63.01% between 2019 and 2025. Data from Statista also shows the Mixed Reality (MR) market size worldwide in 2017, 2018 and 2025. It is estimated that over this period the market will increase from roughly USD 47 million to about USD 3.7 billion. Based on these, the XR Market is estimated to have a combined (VR/AR/ MR) market worth of up-to $900 billion.

What We Do

A blend of the characterizing features of Virtual, Augmented and Mixed Reality, XR Web employs other technologies in order to create a better experience both for consumers and stakeholders.

XR Web is a Blockchain powered Extended Reality Network utilizing Proof of GeoStake (PoGs) Technology to enable consumption of digital interactive contents interacting both with and without the physical reality employing decentralized smart contracts and data storage to ensure data security and transparency.