Oasis City has been envisioned and is being created by Moiin, South Korea’s leader in haptic and precision VR equipment. It is the world's first fully immersive VR platform that will offer the users a chance to participate in a globe-spanning blockchain-based ecosystem.
Market Demand:
As computers are upgraded with greater communications technology and the capacity to process and transmit more data even more rapidly, the wall between virtual and actual reality will diminish. Events that were once impossible to experience in the real world will soon become commonplace, thanks to advances in virtual reality.
The size of the global market for VR-related technology is increasing each year, as are private investments and government funding allocations. According to SuperData Research, a data analysis company specializing in gaming market research, the VRmarket should reach $12.1 billion in 2018 and $40.4 billion in 2020. These are massive increases over the mere $3.6 billion level of2016.
To get a more realistic VR experience, high-spec hardware is necessary. Unfortunately, the price of this emerging product will be too high for mass adoption. One potential solution lies in the billing economy system developed by the Oasis City Project. It protects a business from the investment costs allocated for VR hardware.
The billing economic system applied in the Oasis City VR platform is a mutually beneficial system that allows transparent distribution of both rewards and profits. This blockchain-based system can be used by the users, VR business stores, VR content development companies and other ordinary business enterprises.
This billing system can take care of real-world issues such as troublesome balance settlement procedures or unclear profit distribution errors. It protects assets (equipment, infrastructure, systems) from forgery and falsification by verifying information and authorizing access through the Lock-Key that controls the hardware. It can also process automatic payments based on the service period and amount of usage. In addition, related partners can distribute profits fairly and in a transparent manner.
The Team
Eric Schiermeyer has joined Oasis City as an advisor. As the Co-Founder of Zynga, Eric Schiermeyer has a long history in the gaming industry. He has founded more than eight companies and had served as Head of Product for Zynga, Chief Technical Officer for Myspace, Chief Strategy officer for Carnivore and Chief Executive Officer for Luminary Games. While at Zynga, Eric directly oversaw the launch and operation of FarmVille, Mafia Wars, Cafe World and many other games.
In the Oasis City VR platform, developers, strategists or even ordinary users can participate in developing VR content. Content is created in the Oasis City VR platform, open to experts from all over the world. The profits generated by consumer participation are distributed fairly by the billing economy system. VRcontent consumption leads to higher profits for developers. Developers can place ads on objects in the VR environment (e.g., in a plaza or on a building) to drive active content consumption and maximize their marketing budget.
Price Analysis for Oasis (OSC)
Oasis City token has a max supply of 12 Billion coins (1 BTC = 7 Million OSC).
All-Time High was $0.152012 over 1 year ago and is down -98.8% compared to the current price of $0.00158467. All-Time Low was $0.00034814 two months ago and is up 420%. 24-hour trading volume is $233,850
Based on the 30-Day chart, the price volatility is high. The price has finally found a support level at $0.0018 which is a buying opportunity. The resistance level is at $0.0025 where you can make cash out or make a riskier approach and wait for the breakout.
Based on the 1-year chart, a strong resistance level sits at $0.0045. Without a greater increase in trading volume don’t expect a breakout above that level, but it can be a good point for cash out.
Bitforex is the current most active market trading it, paired with BTC. You can find OSC also on Hotbit paired with BTC and USDT.
Upcoming Events
- Grand opening of OasisCity Season 2
- Official launch of outside contents for each hub in Oasis City
- Start of linking outside VR equipment module
Should I buy Oasis (OSC)?
Oasis city is the unique token in the segment of virtual reality, without real competition in the field. This platform is a non-tangible reality where imagination is not limited by space or time constraints. It is a virtual reality platform where the Oasis team’s world view exists. When users enter Oasis City, they will be simply amazed when they realize the true value of their character. It is beyond their imagination. The virtual world will become a part of our daily lives as we live, work, and play in Oasis City. This coin is a hidden jam, something we can expect big things, but only likely in the distant future.
Should you buy into this token? Investing is a personal choice and investors should consult with experts when making financial decisions. It's important to note cryptocurrencies are highly volatile, unregulated and have the potential to go to zero. If this doesn't discourage you and would like to know if this coin made it to our shortlist, check out our weekly Altcoin Reports.
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Disclaimer:
The information in this review has been independently sourced and even though we have made the best attempts to report accurately, we do not provide assurances on any of this information. This analysis is provided "as is" and it is up to the reader to do their own due diligence and research. Altcoin Investor is not associated or affiliated with any firm and the opinions are strictly that of the author. This information should not be relied nor is it to be treated as financial advice.