Future Venture
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Future Venture

Vault Hill IDO Announcement

Metaverse — Reinvented

Whilst the Lithium team were at Defi Live earlier this month, time and time again the name ‘Vault Hill’ was being thrown around. Many had seen their live pitch at the event and were blown away by the enormous vision and plans to grow the project into a one of a kind human-centric metaverse / XR monster.

Highlights

  • Expansive human instinct themed metaverse environment to build and explore with virtual landIn-house market place to trade and exchange NFTs
  • “NO CODE” builder tool for content creators and virtual land owners
  • In-house market place to trade and exchange NFTs with life-long perpetual royalties
  • Expansive and ambition roadmap with a killer team to execute on the vision

Introduction

Vault Hill aims to create a Metaverse called Vault Hill City (VHC) — a collection of virtual shared space including the sum of all virtual worlds and the Internet. In VHC, users can interact with computer-generated imagery (CGI) and other users. EXtended reality (XR), a mix of virtual reality, augmented reality, and mixed reality is used to create real enhancements of human experiences whilst leveraging the power of blockchain, artificial intelligence and cloud computing technologies.

The Vault Hill Ecosystem

In Vault Hill City, users can explore the virtual world, build edifices, play games, and interact with other users. Vault Hill City will have the 1st virtual world with urban planning and development benefits to ensure users build on their lands respectfully.

Their product has been designed to have 7 unique districts, all with different features to create a truly dynamic and unique experience for participants and players.

Visualisation of the Vault Hill districts

District Alpha

Experiences in District Alpha might involve taking an interactive course, attending a seminar, participating in a workshop, or having a fully immersive adventure focused around learning a specific skill or subject.

District Beta

Experiences here are abundant and enjoyable, like dancing, social gatherings, happy hours, concerts, group events and more.

District Delta

No humanistic metaverse would truly be complete without the possibility for love, something that abounds in District Delta. Experiences here, like speed dating avatar-to-avatar, might save you a lot of time wasted kissing frogs in the real world (Who knows — Tom might finally find a girlfriend?)

District Pi

While the possibilities are endless, some experiences you might encounter here are empathy-based understanding sessions. For instance, actually feel what it’s like to be elderly or to live under completely different conditions. On the other hand, you might spend your time here rooting out what it means to be your best and truest self.

District Omega

Take an individual or group class or even work with personal trainers to burn calories in the digital world that are actually being burnt in the physical world.

District Sigma

Explore big ideas and collaborate with others to make your greatest dreams come to life in District Sigma. In this district, if you can dream it, you can build it.

District Kappa

District Kappa, all are welcome to attend group events and social gatherings that help to form friendships and a real-world support system.

Really the possibilities to explore, build, play and create really are endless. Vault hill has an insanely ambitious roadmap with both near term and longer run deliverables. We absolutely LOVE the vision which is why we wanted to be involved in launching the projects to the masses.

Market

Goldman Sachs puts the the VR/AR industry at a current value of $40.4 billion with a predicted growth rate of 100% by 2025, raising the total addressable market size to over $80billion. More specifically, and according to Statista, and CCS Insight, the market for metaverse and extended reality projects is set to grow rapidly in the coming years — a market trend that Vault Hill is perfectly placed to take advantage of.

Market growth rates — 2021 and 2025

Problem

The key challenges in the space are the lack of intuitive and rich user experience for users and substandard in-built metaverse developer applications for content developers. Many XR applications make us feel less connected, devoid of real world emotions and lack a rich user experience. In addition to this, the current problems may be split into two main categories:

For Users

  • Lack of intuitive and rich user experience
  • Barrier to participation due to access to XR hardware and high costs of acquisition
  • Lack of choice and open/closed governance
  • Data privacy and sovereignty

For Content Creators

  • Inability to maximise content creation reward
  • Lack of content ownership and lifelong royaltiesŠ
  • Poor in-built software application in current metaverseŠ
  • Inadequate high^quality sustainable content

Solution

Vault Hill aims to build an extended reality metaverse that makes us feel a bit more human every time we visit. A limitless world with a guiding principle to enhance the human experience.

They are building a constructive metaverse which simplifies creator tools with dynamic user interfaces, which increases adoption rates and integrates both AI and blockchain technology to revolutionise the human experience. At the same time, the in house marketplace enables content creators to monetise their work and have full ownership of creations.

Business Model

Vault Hill has a unique business model tailored to business-to-business (B2B) and business-to-consumer (B2C), offering a dynamic yet simplified user experience to access the metaverse and generate income. Vault Hill City aims to generate revenue by the following:

Team

The Vault Hill team is absolutely PACKED with talent. Expanding on the CEO — Jimi’s credentials. With a BSc in Computer Science, an MSc in Advanced Computing, and an MBA (in progress) at Warwick University. Also a certified blockchain architect and certified NFT expert, he has surrounded himself with a number of talented and diverse unbelievable individuals with enormous experience in the field.

IDO Details

Where: Lithium
When: 10.01.2022 | 17:00–20:00 UTC
Price: $0.05
Raise: $400,000

Airdrop

For this IDO the airdrop will be done in BNB at 1% of the raise.

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Future Venture is a publication from Lithium Ventures, covering IDO’s, announcements, and opinion pieces.

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Lithium

Lithium

Lithium are a seed and pre-seed crypto venture capital and incubator platform. We exist to power real utility in early-crypto.

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