Presenting Virtualia Interactive Technologies

The Virtualia Team

17 min readMay 31, 2022

Key takeaways

Virtualia Interactive Technologies is the 3D design high-tech start-up behind the initial building of the Virtualia ecosystem. We also provide standard 3D VRAR services to all actors of the real economy. The company will hold most of the intellectual property of the initial released applications and services, before some of those IPs being decentralized and transferred to the Virtualia Foundation which will manage the Virtualia blockchain development.
The Foundation enables a different governance model where users, investors, and consumers hold voting rights to decide the future of the Virtualia ecosystem.
Our whitepaper explains the company’s 3D services, tokenized projects, brand management, and applications.
Virtualia is an ecosystem of mobile, web applications and virtual worlds built around a blockchain leveraging AI, VRAR, IoT, 5G, and space satellite imagery. It aims to bridge both the real and virtual economy and solve business and societal challenges citizens and SMEs face.

Key questions

What is the particularity of this company?

Two particularities make our company different.

First of all, our intention is to tokenize the projects we handover to clients, i.e., we authenticate the ownership of our work and services in the blockchain. This is particularly true for the real estate market, but also our digital culinary services, avatarization and 3D design services, through non fungible-tokens.
Then, we provide dividends not only to our shareholders, including STO investors, but we will also include every Virtualia coin holders, meaning that we add a new class of shareholders in the loop. The latter imply to set a complex operational model to be compliant with regulation.

This new class of shareholders are consumers, users, investors, developers, artists and any entity or person that are active in the Virtualia ecosystem and this is a way for us to incentivize and monetize the cooperative work of all the parties involved in the grow of this massive ecosystem.

Why an STO?

We aim to provide opportunities for anyone to invest in our non-listed Swiss company branch shares by tokenizing them. This is also a way for us to raise funds in an early stage for the Swiss branch. The mechanism is explained further in chapter §2 of the whitepaper.

What is the scope of the ICO?

The aim of the ICO is to finance the Virtualia blockchain development that will interact with all the web and mobile applications that compose the Virtualia ecosystem, in addition to bridge the real economy with the virtual economy. We also ensure that our crypto-blockchain development is backed with real projects, assets and revenues.

What is Virtualia in a few words, as we are often asked?

Virtualia is an ecosystem of mobile, web applications and virtual worlds built around a blockchain leveraging AI, VRAR, IoT, 5G, and space satellite imagery.

What is the purpose of the Virtualia ecosystem?

The Virtualia ecosystem aims to bridge both the real and virtual economy and solve business and societal challenges citizens and SMEs face.

Here is a bit of more precisions.

Virtualia is a network of mobile and web applications running on the real and virtual worlds using the power of decentralized blockchain technology, virtual and augmented reality, shared computing power grid, artificial intelligence, algorithmic automation processes, the internet of connected things, and one day the power of the quantum computer.

The objective is to bridge the real and virtual economy by solving societal issues with VRAR technology to help small businesses survive the transition of the digital age and to guarantee human creativity, with a focus on positive social impact on areas such as culture, art, restoration, education, and tourism.

The inhabitants and users of the Virtualia universe are called “Virtualians”.

The Virtualia ecosystem is composed of a blockchain (called “Virtualia Chain”), a currency (called “Virtualia Coin”), a network of web and mobile applications, some decentralized (called “DAPPs”), an NFT and P2P marketplace, virtual worlds experience such as hybrid worlds, multiverses and metaverses (called “VirtualiaWorlds”), a brand of Virtualia products & stores, and the Virtualia Shop Network that connects and virtualize physical stores within a decentralized storage and logistic community.

In a nutshell, the Virtualia ecosystem connects the crypto world, the real world, the virtual world, and the creative world with adapted financial services and products (the financial world).

Let’s dive into each of those 5 worlds

The first pillar — the crypto world

Virtualia is empowered by a blockchain, Virtualia coins, DAO features, and smart contract.

The blockchain and smart contract features of Virtualia are constructed in such a way that only curated web and mobile applications are authorized, after voting by Virtualians and are oversight by a Foundation. This fosters a safe ecosystem and avoids pump and scam schemes that would deteriorate the confidence of the public for possible mass adoption of the crypto technologies.

While the blockchain is open source, the core engine of the applications that are surrounding it may not be the case, although modding is possible to enhance its original functionalities. Applications can be then governed and run by private entities. Other applications, often decentralized and open source, are developed and maintained by a public community of developers.

Transaction, tax, and service fees are paid in Virtualia coins. This is also the official and native currency of the ecosystem. Goods and services may still be paid with fiat currencies depending on the local regulation.

Each Virtualia coin is split into Virtualia dollars. NFT banknotes are also circulating as a replica of the real world.

The second pillar — the real world

Virtualia is also hyperlinked to the real economy. In addition to offering 3D services to all active actors to fasten their digitalization in the virtual economy, we promote a new 3.0 shopping experience through our Virtualia Shop Network and our Virtualia brands.

Virtual Shop and Virtual App, part of the Virtualia Shop Network

Virtualia shop connects stores around the world in a 3D immersive network that leverages the VRAR technology to change the shopping experience and benefit from the logistical power and storage capacity of the network to deliver locally on the same day.

Virtualia shop is accessible from the web at www.virtualia.shop. A mobile application exists under the name of Virtualia App. The latter exploits the user’s tactile experience and his tendency to swipe left-right to like or disapprove a product. Each product listed is virtualized by photogrammetry in 3D or modeled with 3D meshes. Each product can be accessible in augmented reality from home without moving. It also exploits mixed reality when moving in the partner store to get additional information on a product in the window. As for the web application, the focus is on immersive navigation on the store’s big screen, this new shopping experience is called, in one of our Medium articles, “the 3.0 e-commerce experience”. There is also a product directory in 3D, 360°, and high-resolution images and the possibility to support the business of his neighborhood through a simple donation system.

The Virtualia commerce network allows users to participate in loyalty programs, sales, and other cashback systems. There is only one master wallet identified per user, linked to several possible sub-accounts. Payment is made by fiat in regulated countries. It will be possible one day to use a CBDC type of electronic currency in the future or to pay with the Virtualia cryptocurrency depending on the regulations in force at that time.

Stores without a web presence can have a functional website in 2 days starting from several existing templates or with customization, after a 3D scan of their store. We are even working on a new whole automated process design to make it happen in a couple of minutes. The update is done from a mobile or tablet application by store staff. The database is scanned by OCR and filled automatically by AI. Accounting, marketing, emailing, logistics services as an add-on are also available for the store managers.

A set of (future decentralized) related applications improves the user experience and improves the whole network. This set of applications is like modding in the video game world and is subject to its own governance (DAO type) for its availability within the network. This governance is done through a Swiss Foundation representing the founding company (the founder, the president, the CEO, and the CTO), representatives of the local business world (elected by an electronic, immutable, democratic voting system), consumers, certain profiles of investors of the Virtualia cryptocurrency (stakers), representants of our virtual worlds, our community of 3D artist or developers and public administrations in which the Virtualia network is implemented.

Around the commerce network, we can note the presence of several apps and dApps: an offline logistics software, a portal of services for store managers such as the possibility of virtually increasing its premises to display hundreds of other products, or a social network of stores interconnected with tourists and local consumers to notify them of promotional advantages (“City Trail”).

Virtualia Fashion Store

The presence of the Virtualia brand is also made in the real world with a new concept of fun and futuristic store as were the Apple Store in its time.

Two first stores are planned to be set in Europe and New York, before expanding. These stores allow customers to come and have a drink and chat in a high-tech lounge room. Future partnerships with renowned designers could also see the light depending on the territory. Each customer will use the Virtualia app to do a BodyScanMe via video or 360° photos of their body. This body scan allows the customer to download a cloth from the store that they like and try it on their “3D self”.

The customer can then share via his mobile his 3D photo to his partner, friends, family, or social networks as well as on his personal account. People who have a BodyScanMe ready will also be able to try the cloth on their digital self via a simple click on their mobile. An AI-based tool will suggest other similar products to the customer based on their taste history. He will also be able to call upon a network of virtual designers (called “designer bot”) and humans online to find other possible combinations with his choice. Thus, a pair of shoes or glasses could be proposed to him. These services will be paid in fiat currency or with the Virtualia currency according to the legislation in force. Each garment in the store has a virtual physical deformation mechanism that allows it to be folded according to the body of the model. This mechanism is more attractive than using a human top model or an avatar far from the reality of his body shape. The margins of error are still important but are quickly reduced thanks to the modding system inherent with the Virtualia network.

We also intend to expand our brand in the retail tech, food market, and home furniture industries.

The third pillar — the virtual world

The third pillar of the Virtualia ecosystem is to access the virtual worlds via our VirtualiaWorlds platform. To learn more about virtual worlds, we will refer readers to our Medium article (“Hybrid virtual worlds, multiverse and metaverse”) or further in the whitepaper in the chapter dedicated to virtual worlds.

Ecommerce stores that do not have a physical presence on Earth, can expose their store in 3D by using our 3D design services, or by using a template for their store, then expose all their products in 3D available for sale and place their store in one of the multiverse worlds in the locations that suit them best.

These places may look like well-known cities and neighborhoods, but instead of the existing store on the Champs Elysée, the visitor of this multiverse world will see another store instead. The price of the rent or the purchase of the land will depend on the supply and demand. Obviously, the prices will depend entirely on the traffic and the attractiveness of this multiverse world among the Virtualia Worlds user community.

Apart from the attraction for brands, independent craftsmen, and known or unknown e-commerce sites that can all benefit from this novelty, VirtualiaWorlds also present the possibility for artists, museums, and cultural activities to present in a parallel world their live concerts, paintings, sculptures, videos, and any kind of art, ancient or contemporary. Another application — called FoMA — allows its user to have access to a network of artists, museums, and art galleries. These artists can be from the new digital wave (NFTs) or analog real-world traditional artists, whose works have been scanned in 3D, photographed in high resolution, or taken in the video. The use of this application allows having promotional offers if you are near a cultural event, to win promos on their entrance price, and to obtain other advantages that will arise with the need between artists and their fans, museums/galleries, and their visitors. This application redirects the user to a 3D navigation of the places in the real world or in one of the multiverse worlds (let’s imagine in this case a digital artist having no physical presence or exhibition on Earth, but a 100% online presence in one of the multiverse worlds, it will then be necessary to visit in 3D his exhibition on Virtualia to discover his artwork). The visitors of the real-world benefit from a guide to move around the museum and from explanatory notes in augmented reality by scanning one of the works listed and updated by the fans, visitors, and staff of the museum or art gallery.

About the other multiverse worlds

Other multiverse worlds exist and allow, depending on the user’s affinities, to live an immersive experience with his VR headset or his PC. These are 100% immersive worlds in high-resolution 3D in thematic universes offering multiple possibilities such as:

I. Relaxing worlds with music to relax with a beautiful view or to study for an exam (in this case, access via a PC is more appropriate). The user will be able to connect with his VR headset in his swimming pool, on a sunny afternoon and be in a real or invented but ultra-realistic paradise island with a 360° view.

II. Economical worlds based on the purchase of territory, the construction of new cities, the management of the city by ambassadors or town halls elected by the inhabitants, the construction of 3D stores offering real services (with delivery in the real world of the package) or 3D and digital products. We can also find museums, art galleries, and starred restaurants that will offer their NFT dishes for sale, just like in hybrid virtual worlds (through our digital culinary application).

III. Sandbox worlds that allow you to live the life of a billionaire by building luxury villas to share with your friends, yachts, submarines, collect luxurious cars, breathtaking house decorations, all 100% realistic.

IV. Educational worlds for students of business, engineering, and architecture schools to learn microeconomics, management, civil construction, etc.

V. Mystical worlds for all fans of fantasy heroes, wizards, and magic with houses, supplies, and other goods belonging to this universe.

VI. Futuristic worlds such as a colony on Mars, a megacity on a space shuttle, robotic worlds, and the exploration of hard technological concepts for 2050–2070.

What about metaverse worlds?

MetaWorlds allow more fluid navigation, close to massive multiplayer video games, and in particular to the concept developed so far by Sims, Second Life, Minecraft, the online Lego world, or recently Roblox or Decentraland among others.

MetaWorlds propose a universe centered on the life of an avatar, an extension of oneself, where one can be anyone or anything. An economic system is built around the dressing of avatars with brands, the buying, and selling of 3D virtual land but with a lower definition than the multiverse worlds we propose, and a more interactive social network than with the multiverse or hybrid worlds.

The fourth pillar — the creative world

The last but not least important pillar is the creative world. The Virtualia philosophy is that human creativity must be encouraged to find solutions that solve societal and business challenges faced by citizens and SMEs.

For such reason, we offer a rich curated environment made of applications, dApps, 3D services, P2P marketplace, NFT marketplace, and a community of developers, modders, and 3D artists to interact with all Virtualians, in the real and virtual world.

The Virtualia (dApps) Store is the repository center for all the official Virtualian applications that businesses and Virtualians can use. The economic incentive for modders and the architecture allow upgrading decentralized applications to the entire network at once. The curated dApps usage will be monitored to eliminate obsolete products on the network.

Our first series of applications are targeting the education, restoration, touristic, art, and culture sectors where we see the most productive and creative value-added with our advanced technology.

So, what about the educational system?

The TeechAI application allows students of all ages to enjoy the benefits of 3DVRAR technology when their courses are remote without suffering the social isolation of lack of physical presence. Nothing will replace a good face-to-face education, but this tool opens the door to creative learning. The tool is based on a 1–7 level system of all courses between 6th grade (corresponding to age 12) and master level (about 23–24 years old), a learning system according to the individual’s learning preferences between oral lectures, videos, exercises, repetitions, MCQs, complex situation analysis, fill-in-the-blank texts, augmented reality, and other media supports. Learning a course will be done not only according to the teacher’s vision but also by linking to a handpicked library of the best courses available online (based on a scoring system according to the quality of the course, the student’s ratings, the quantity of educational content, the teacher’s reputation, and other criteria).

Finally, the student can learn at their own pace and if they are 3 years behind in math, then the questions and learning will update according to the student’s needs. It is better for a student to master the basics than to have a bad grade all year by not retaining any of the curricula. Much of the academic failure is at the expense of academic gaps that could be easily filled by technology. In addition, academic failure also comes at the expense of high potential individuals who are bored or whose creativity is not emphasized. The software allows for world-class courses for the brightest of them in the hard sciences and could be extended later into multiple other fields.

Once again, a modding system allows the community to improve the algorithm and the question database — and be remunerated for such work.

We deeply believe in the collective intelligence of humanity to be creative and adaptive.

A second use of the application is through competitions between students, classes, schools, departments, regions, and even countries. This involves the creation of tournaments with the help of teachers, national education administrations, student associations, and partner networks to distribute prizes, books, tickets for shows, and cultural events to the winners. These competitions are made through our multiverse ENIGMA which proposes to their visitors to solve academic problems through Virtual Escape Me games.

In a classroom setting, the contest is created by the teacher through a simple back end with drags and drops to choose the type of location (castle, street, island for example), the type of questions (e.g., MCQs), the type of media (e.g., teacher’s video, online video, pdf lecture, scientific article, audio for example) and parameters (scoring system, points distribution, time limits, type of game). A student or a group of students can compete and learn while having fun. This allows the teacher to build working relationships between students as part of the lesson, to test mastery of the fundamentals throughout the year, or to make the class happy. Schools can also create inter-class or inter-school competitions by choosing the themes and question banks.

CityTrail, an app thought for the touristic sector

The application connects store owners and brands with locals and tourists. It also offers a platform for touristic guides and enthusiasts to propose experiences and an augmented reality feature to scan landmarks and discover embedded media.

With the mobile GPS location and augmented reality tourists can compete for each other in the real world to discover cities, lands, and unlock their secrets, based on a chosen theme (culinary, art, history, architecture, ornithology, literature, science).

They can participate in contests organized by local businesses, to make themselves known or by town halls to make their city dynamic and interactive. Cities like those in the south of Europe will benefit greatly from this educational and touristic tool.

Virtualytics, the platform to trade and enhance virtual real estate, and any 3D asset in general

Our Virtualytics platform goal, originally specialized in the real estate market in the real world, is to offer a 100% immersive experience, around virtual reality, augmented visits, metadata, 3D spatial analysis, and tactile interactivity for properties under construction or existing properties. This platform is reused to discover land and properties for sale in our VirtualiaWorlds. Instead of displaying a real map, we display the virtual world selected by the user.

The Virtualia NFT marketplace is a minting system to authenticate each 3D good purchased by the customer to use it in one of our virtual worlds. It will be necessary to go through this marketplace to guarantee the authenticity of the goods purchased on VirtualiaWorlds.

We also offer more than 60 3D services for real estate and a total of 100 services globally. A hand-picked community of 3D artists will meet the need of VirtualiaWorlds users. All 3D goods such as stores, clothes, real estate, furniture supplies, decorations are not unique. It is possible to reuse an original model if the author accepts it or to modulate a variation automatically or by customization with a 3D artist in exchange for a fee in Virtualia currency.

About the support communities

The fourth pillar of the Virtualia ecosystem will bring solutions thanks to the collective intelligence of communities.

A community of developers will maintain the blockchain, offer services to Virtualians and develop useful decentralized applications for the network. A community of 3D artists will help fuel our virtual worlds. Finally, modding will enhance private applications by offering alternatives that were not initially imagined by the authors.

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All four pillars are connected by the financial world

The whole ecosystem will be initially financed by our ICO and then maintained through a whole real and virtual economy. While the real-world business is run by Virtualia Interactive Technologies, a Public Liability Company, that will be tokenized during a security token offering (STO), the virtual business is maintained by the Foundation and all the Virtualians. Both promote a feed-forward positive loop, called profit sharing, with all the Virtualians. This means that by simply being active in the network, you can benefit from our profits, contrary to most private corporations in the world. Hence, we create a new class of stakeholders, the class of consumers or consumptariat. This concept is further developed in the whitepaper.

The virtual world is powered by a new economic framework, leveraging DeFi, RiskDeFi, NFTfi, and other concepts.

What about transactions and transfers?

One last important point, although the services are payable in fiat currency, it will be necessary to hold a certain number of Virtualia coins to pay the transfer costs. Thus, the purchase of Virtualia currencies in addition to fiat currencies will be necessary to benefit from all the advantages and services offered.

About the economic system of virtual worlds

It is important to note, that the purchase and sale of virtual goods can be done via financing through a crypto-financial secondary market, other than the cash at disposal. We consider the basic concepts existing in international finance such as pawnbroking (through NFTfi) or derivatives (options, futures). Virtual companies can be created after a KYC and AML check. They will then be able to buy and sell with a higher volume than individual users. They will also be able to share their 3D service by joining the 3D artist community and to sell their real product in one of the virtual worlds. They will issue “virtual shares” that are tradeable on our crypto virtual stock exchange. Finally, a taxation system allows collecting funds on the profit generated thanks to real-time automatic accounting. The taxation % is voted by the community and a consensus is found between the minimum needed to reinvest in the ecosystem and a bearable % for virtual companies to survive. A dashboard system proposed by dApps will allow improving the management of one’s virtual store or business. The collection of these funds is redistributed according to the rules voted and managed by the Foundation. The decentralized autonomous organization feature will enable all Virtualians to participate in the voting, like an ongoing referendum.

Conclusion

After the description given above, we can conclude that the Virtualia network interfaces the world of the real economy with virtual, augmented, and 3D reality tools. In addition to its incredible technical features, it also proposes virtual worlds similar to ours, with thematic or purely fantasy variations with a rich independent economic system.

By opening the network to modding, dApps development, communities, by finding a consensus with local regulators, incentivizing useful development aligned with the virtual or real economy needs, and by offering continuous creative services, and a decentralized governance of the blockchain by DAO — via the Foundation — the ecosystem should find political, financial, and ideological stability in the long term.