Apple's MR headset may be launched, what are the related concept coins in the Crypto market?

Can VR support the next hot spot?

Written by: 0x711, FYJ

On May 23, according to Bloomberg Mark Gurman, Apple will launch its first MR headset "Reality" at WWDC2023 on June 6, Beijing time, and introduce its system "xrOS". Mark Gurman believes that this product may become a symbol of the Cook era, and Apple will once again detonate MR headset products.

Many voices believe that if Apple can successfully release the new MR this time, it will be a milestone for the industry. Some people predict that this year's conference should launch a media trial model first, and mass production will take some time. However, some people in the industry believe that there is a high probability that Apple MR will skip tickets this year. But no matter what Cook will finally bring us on June 6, the hearts of the global market have been touched by this MR device.

As a concentrated area of "fruit chain" companies, A-share related companies have been intensively investigated recently, and the encryption market Render Network (RNDR) has unknowingly risen by more than 30%, hitting a recent new high. This article will sort out the concept coins related to AR/MR in the Crypto market.

Render Network（RNDR）

At the end of 2021, Render Network was led by Multicoin to raise US$30 million in financing. It is positioned as a provider of decentralized GPU rendering solutions, and VR is one of its sub-concepts. Render was working with Apple in 2022 to bring some of its products (such as the Octane app) to the iPad, which allows each iPad to become a node in the Tender Network, allowing users around the world to render what their single device cannot handle design.

Among the speculative market coins with pure themes, the real "cooperation with Apple" can be regarded as the only seedling, but the direction of cooperation has nothing to do with VR. This is the flaw of RNDR's striving to be the leader of the concept. The hype of new themes in the shrinking market is a bit logical but not hard enough. The market value that has approached 1 billion US dollars also lacks room for gaming. RNDR can support the hype capacity but cannot support the sentiment of the theme. It can be the army in the sector.

According to market data, as of press time, RNDR was quoted at $2.63, a weekly increase of 34.9%.

Wilder World（WILD）

The project does not seem to be well-known in the Chinese community, but its official Twitter account has 131,000 followers. Wilder World is a decentralized NFT trading platform initiated by 3D artist Frank Wilder and governed by the decentralized autonomous organization DAO. Both artists and collectors within the platform can mint, collect and sell rare NFT works.

In May 2021, Wilder World announced the completion of $3 million in financing, led by Spartan Group, with participation from DCG, Animoca Brands, Republic Realm, Genesis Block Ventures (GBV) and Signum Capital. This round of financing funds is used to cooperate with Zero.Space, using Epic Games' Unreal Engine, aiming to create an immersive 5D metaverse based on Ethereum managed by a decentralized autonomous organization. The project is currently under development.

Wilder World metaverse chain game development display map

Project Token WILD, as a utility token, can provide functions such as identity authentication, trade, resource generation, and governance within the project ecosystem. According to CoinMarketCap market information, as of press time, WILD has fallen by 1.71% in 24 hours, and the current price is 0.3595 US dollars, and the current market value ranks 273.

Highstreet（HIGH）

Highstreet (HIGH) is the 28th project on Binance Launchpool and will be launched in November 2021.

Highstreet is a metaverse of VR digital business centers. The project team hopes to reimagine e-commerce and retail in the era of Metaverse and Web3. Not only encrypted native brands, but even various traditional brands can join Highstreet’s metaverse world. Tokens are turned into "virtual" items, integrating traditional brands into the chain world, and providing users with a subversive experience of metaverse shopping.

According to CoinMarketCap market information, as of press time, HIGH has risen by 15.95% in 24 hours, and the current price is 1.92 US dollars, and the current market value ranks 319th.

CEEK VR（CEEK）

CEEK builds an artificial intelligence-based metaverse platform that connects content creators, landholders, and users through virtual land. Content creators share albums or music based on the blockchain platform resources carried by CEEK wearable devices, and can also establish VR/AR studios through CEEK to create branded content that audiences love. Based on the ETH smart contract, users can flexibly reward, vote, participate in events, and trade virtual items within the platform. The project supports the use of VR devices such as Oculus to experience VR content on the platform, including live sports, NFT, blockchain streaming, etc.

At present, the platform has signed cooperation agreements with stars such as Lady Gaga, U2, Sting, Bon Jovi, etc., and related works of the above stars can also be found on the platform.

CEEK platform content display

According to CoinMarketCap market information, as of press time, CEEK has risen by 3.65% in 24 hours, and the current price is 0.07611 US dollars, and the current market value ranks 343.

Over the Reality（OVR）

Over the Reality is an augmented reality metaverse project that has gained popularity recently, which aims to merge the real world and the virtual world.

The project ecology currently includes AR metaverse real estate, drawing maps to earn OVR (Map2earn), AI avatars, and domain names. According to its official website, Over the Reality has more than 930,000 registered users and is working on the development of the decentralized AR ecosystem for Web3. Its Token OVR is deployed on the Ethereum mainnet and Polygon network as a content monetization medium for creators and brands in the project ecosystem.

According to CoinMarketCap market information, as of press time, OVR has fallen by 22.33% in 24 hours, and the current price is 0.5641 US dollars, and the current market value ranks 757th.

Over the Reality's Map2earn combines virtual and reality

To sum up, it doesn’t matter whether Apple’s press conference can once again arouse the market’s enthusiasm for metaverse-themed tokens, but there are indeed a number of projects that are actively cultivating this track. Although from the product level, the maturity of the above projects still needs to be polished, but the hugeness of the community seems to be no longer underestimated. When the metaverse track will explode and which project will stand out, it seems that only the market will recognize it.