Undercurrent VR INC
Regulation Crowdfunding offering on Netcapital
$13,350
of $100,000 goal
13.4% funded
About the offering
In the current landscape of VR, the format is dependent upon cumbersome headsets that create eye strain and disorientation through extended use. This also limits the content to the particular (proprietary) format of the headset, has overly digitized content, and is too expensive for the average consumer to afford. Current virtual-reality headsets are accompanied by lengthy disclaimers warning of seizures, eye strain, nausea. One company even states that "prolonged use should be avoided, as this could negatively impact hand-eye coordination, balance and multitasking ability.” Solution: Undercurrent VR is creating a content-focused virtual reality format that can bridge the gap between the traditional ways of receiving media with the interactive elements of goggle-based virtual reality. The Undercurrent VR Format will provide a goggle-free virtual reality experience, available for online streaming and free for the consumer. The goal is to consolidate this generation’s virtual reality content consumption to the UCVR format pertaining to advertising, education, narrative content, and sports-related video games. UCVR is focused on utilizing the most advanced cloud computing and rising internet speeds across the globe to distribute our next generation light-field technology that lives between digital and live-capture content.
FAQ
How much has Undercurrent VR INC raised?
Undercurrent VR INC has raised $13,350 of a $100,000 goal.
Where is Undercurrent VR INC's campaign listed?
The offering is listed on Netcapital, an SEC-registered Reg CF intermediary.
What are the terms of Undercurrent VR INC's raise?
Common Stock, $798,770 cap, $10.00/share.
When does Undercurrent VR INC's offering close?
The stated close date is May 8, 2018.
