Elysium VR: Another Cryptocurrency-Based Virtual World

Early this morning I heard about yet another cryptocurrency-based social VR space/virtual world. This one is called Elysium VR, and the emphasis appears to be on roleplaying:

We are RAV3 team, we are working on Project Elysium. Elysium is a multiplayer Roleplaying game designed for virtual reality. The player falls into a sandbox world (Saint-Graice islands), in which he or she will live, work and have fun. The everyday life is detailed, starting from the need for water and food, finishing with decoration of their apartment / house. You just have to comfortably settle in this world and go in search of adventure with your friends. Each player can have different jobs, ranging from a dangerous bandit from the hood, ending with the president of the island state of Saint-Graice islands. You are guaranteed to experience maximum immersion in the gameplay! After all, all this will happen in VR ( and PC )!

Here’s a YouTube promotional video for the project:

The graElysium Avatars 16 Mar 2018phics remind me of the VR game Job Simulator. There’s a rather disturbing reliance upon handguns and other weaponry in the promotional video, and the avatars look pretty blocky and unappealing, according to this picture taken from their website (left). We’re obviously not aiming for realism here!

And it looks like they are going to have a smartphone app (below), allowing you to “be able to control all important game processes even if you are not in game!”:

Elysium App 16 Mar 2018.png

Their cryptocurrency is called MINERAL:

Mineral 16 Mar 2018.png

It would appear that they are currently in the fund-raising part of this venture. They are asking for donations from interested users:

Elysium DOnations 16 Mar 2018.png

So, if you’re interested in becoming among the first to set foot in Elysium, you can shell out US$10 or more to get a game license.

Like the three other blockchain-based virtual worlds I’ve blogged about previously—Decentraland, Mark Space, and VIBEHub—I’ll be watching from the sidelines. I refuse to invest in any of these new virtual-world-based cryptocurrencies because I am skeptical of the current massive hype around anything with the word “blockchain” attached, and I don’t have faith that I’m not going to lose my money when these novice virtual worlds shut their doors, as some of them surely will. The marketplace is getting overcrowded and frankly, many of these startups are not going to survive.

I buy Linden dollars and Sansar dollars and other virtual world currencies when I have confidence that the virtual worlds where I can use my currency are going to be around for the long term. High Fidelity and its HFC coin beta test is an evolving situation which I am continuing to monitor, but I haven’t yet actually purchased any HFC. All the HFC I currently own was donated to me by HiFi.

And so I’m not touching any blockchain-based virtual world currency with a ten-foot pole until I see evidence of a truly three-dimensional virtual world which I can actually visit! Decentraland, VIBEHub and Elysium VR do not yet meet that requirement, and Mark Space is NOT a three-dimensional virtual space at all!