Raleigh, NC – December 17, 2020 – 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: