RALEIGH, N.C., Dec. 17, 2020 /PRNewswire/ -- Transmira,
Inc., the Raleigh-based start-up
company pioneering Experiential Reality (XR) technology, today
announces that it has closed an investment from noted technology
entrepreneur, Calvin Ayre – founder
of venture capital firm, Ayre Group Ventures and blockchain
conglomerate, CoinGeek. The investment will be used to support the
growth of Transmira and its Omniscape™ platform, which leverages
the unique capabilities of the Bitcoin SV network and
blockchain. Terms of the deal were not disclosed.
Transmira is leading the development of XR technology, which
blends Augmented Reality (AR) and Virtual Reality (VR) features
into a single XR Metaverse. The company is the developer behind
Omniscape, an XR and spatial computing platform that leverages
location-based data to create new commercial campaigns and
experiences for brands, businesses and smart cities. Transmira is
in the process of integrating Bitcoin SV with Omniscape, with the
Bitcoin SV blockchain set to handle micropayments and tokenization
for the platform, enable better data management capabilities, in
addition to introducing new data functions that effectively enable
monetisation of user activity, virtual items, location information,
digital real estate and more.
With its unbounded scaling, greater data capacity and super low
transaction fees (the median transaction fee on the Bitcoin SV
network is less than 1/100 of a U.S. cent), the Bitcoin SV network
is the only blockchain that can facilitate the realisation of the
monetised XR world Transmira envisions for Omniscape - a concept
previously only possible in works of fiction, like the OASIS in
Ready Player One - where gameplay, virtual items, and
user interactions can all be assigned a monetary value, enabling
players to earn and exchange real money inside the virtual XR
world. This can only be achieved with Bitcoin SV, which adheres to
Satoshi Nakamoto's original vision
to massively scale Bitcoin to become a global data ledger for
enterprise, in addition to functioning as an efficient peer-to-peer
electronic cash system.
Speaking on today's announcement, Robert
Rice, founder and CEO of Transmira, commented:
"We are very excited to join the Ayre family of investments and
the Bitcoin SV community. This gives us a powerful competitive
edge, as well as the technical sophistication required to build
Omniscape on-chain at global-scale. With Bitcoin SV, we can
monetize AR and VR experiences securely, with speed and scale
unparalleled in the industry, while driving seamless integration of
5G, IoT, and artificial intelligence. This enables advanced
next-generation applications for augmenting smart cities, sports
venues and stadiums, esports, tourism, hospitality, experiential
marketing, commerce and more. This is future technology, today,
built for a better tomorrow."
Speaking on his investment in Transmira, Calvin Ayre, founder of Ayre Group Ventures and
CoinGeek, said:
"I am a big believer in new digital worlds, and an even bigger
believer in Bitcoin. Transmira is combining these two
technologies to monetize its new XR Metaverse, recognizing that
this is only possible with Bitcoin SV due to its massive scaling
powers and restoration of Bitcoin's original design. I am
pleased to support Transmira as it creates innovative new augmented
and virtual reality experiences for everyone to enjoy."
About Transmira, Inc.
Transmira, Inc. are a Raleigh,
North Carolina-based start-up developing Experiential
Reality (XR) technology. The company is the developer of
Omniscape™, the first XR platform offering commercial opportunities
for brands, businesses, and smart cities.
About Ayre Group Ventures
Ayre Group Ventures, founded by celebrated entrepreneur and
philanthropist Calvin Ayre, provides
capital to scalable, high-growth businesses within the Bitcoin SV
ecosystem. The Group targets investment in innovative ideas and
ambitious projects that are 'positively disruptive', supporting
their expansion with the Group's extensive network and industry
partners.