Altcoin Alerts x Victoria VR AMA Recap

8 min readNov 23, 2021

Altcoin Alerts Community had an Ask Me Anything session with Adam Bém (COO & Co-Founder) from Victoria VR on 23rd Nov 2021

Segment 1: Victoria VR Introduction & Q/A with Altcoin Alerts Team

Altcoin Alerts: Hey Adam Bém
Welcome to Altcoin Alerts Community

Adam Bém: Hello guys! How are you today?
Thanks for the invitation! Pleasure to be there!!!

Altcoin Alerts: It’s awesome to have you
How are you doing today?

Adam Bém: I am great thanks! Exciting times for Victoria VR! 🚀🚀🚀
How about you?

Altcoin Alerts: Quite good. thanks for asking
Let us start with introduction.
Can you please introduce yourself & your journey in the cryptocurrency field? Also, please introduce Victoria VR.

Adam Bém: I am Adam Bém — COO & Co-Founder: tech entrepreneur, problem solver, team leader, Blockchain expert and Virtual Reality propagator.
I have over 5 years’ experience with project management, project planning, strategic planning, project presentation and blockchain technology. Successfully led 2 technological projects with automated trading algorithm development and cyber security emergency team.
We started working on Victoria VR in 2018 in one small office (20 sqm), working every day and night to make the film ‘Ready Player One’ a reality.
We left our old lives behind to focus solely on this project; now it’s our everything!
It started with 2 of us, Ondrej Dobrusky the CEO and I. Now we are 69 with a lot of them being gaming developers. We makes our dream comes true!
Victoria VR is the first Blockchain-based MMORPG in Virtual Reality with Realistic Graphics built on Unreal Engine, created and owned by its users.
The whole world is built to be a universal platform for all virtual realities, games, and decentralized applications, collectively creating a Metaverse — a shared virtual realm, the 3D internet.
In the Victoria VR World, there will be games, quests, never-ending adventure, virtual galleries, and The Big Market VR where you can exchange NFTs in 3D! In addition, users will be rewarded for each of their activities in the VR world.

Altcoin Alerts: Great!
So as we know now that Victoria VR is building a massive and realistic Metaverse, please share its key features and how it is different from other Metaverse projects.

Adam Bém: We have soooo many features; let me just touch on a few:

Unrivalled Graphics — we will provide realistic graphics rendered with the latest Unreal Engine, giving the ultimate VR experience. A unique solution to create special effects.
Tokenomics — PLAY TO EARN — a never-ending motivating economy that rewards active users and stakers.
New Combat System — Revolutionary combat system in virtual reality.
NFT Revolution — users can Create, Modify and Combine NFT’s. Creators can showcase and sell digital artwork in the NFT Gallery. NFT’s can be securely traded in The Big Market VR.
Future Proofed — the Victoria VR World server solution is fully upgradable and scalable. The DAO gives control of the future evolution of Victoria VR to the people who create and play in this virtual space, its users, who will be in control of the policies that determine how the world behaves!

Altcoin Alerts: Seems advantageous
Token use cases are very important in Metaverse and Gaming project, can you please let us know the use cases of VR token, how it will benefit Metaverse players, investors and holders.

Adam Bém: Victoria VR Token (VR) is the native utility token that is used for:

Staking
DAO
Buying VR Lands
Buying all assets (items, buildings, resources, wearables, services, tickets, courses, art)
Buying modificatory that generate you passive income
Advertisements
Transport
Leasing
And other Extras

There is an endless motivating economy rewarding active users and stakers.
Users are rewarded for their activities (completing quests, playing minigames, exploring the world, creating, building etc.). The staking program featured in Victoria VR offers a solid 20% APY. Soon after the TGE we are launching Dynamic Staking. Furthermore, 50% from everything earned by Victoria VR for selling assets in-game goes back to the rewards pool, ensuring the rewards pool is bottomless and the motivating economy never-ending!

Altcoin Alerts: lastly
For everyone who is now interested in Victoria VR, please share details of IDO, Tokenomics, Partners, Whitepaper etc.

Adam Bém: You will be able to buy VR tokens in the upcoming main sale that will take place on DAO Maker at 23rd November. Then you can buy on exchanges shortly afterwards.
Here is the article about our tokenomics where is everything answered in detail: https://victoria-vr.medium.com/unveiling-tokenomics-330f5f22bea7
Recently we closed the funding round and here are the investors that are backing our project: Dominance Ventures, Non-Fungible Fund, Wave Financial, Neon, DAOMaker, Altered Ventures and others!
They have helped us immensely to date in terms of connecting us to Key opinion leaders and also key strategic organisations who will aid in our development inside and outside of the space.
We have successfully entered into large partnerships with large technology companies that we will unveil soon!
Here is the link for the whitepaper: https://victoriavr.com/whitepaper

Segment 2: Twitter Questions

Q1. Something caught my attention, namely “UNREAL ENGINE”. What us Unreal Engine, can you explain in more detail about it? How does this work implemented on VictoriaVR platform, and what benefits will users get from “UNREAL ENGINE” technology?
https://twitter.com/langitberwarna/status/1462954847364284420
Adam Bém: UE is the best gaming engine in the world. UE is powering Victoria VR, thanks to UE we are able to deliver the best quality and we are fully upgradable.
This video is demonstrating the power of Unreal Engine: Epic Games’ MetaHuman Creator — Official Announcement Trailer (https://youtu.be/1tjkSpoa7V8)

Q2. This attracted me about Victoria that it has recently launched The “VR Gallery”. Please tell more about it.
https://twitter.com/Casey_ryan11/status/1463023518421958657
Adam Bém: We launched The VR Gallery in partnership with Escape to Nature. This innovative gallery will let you immerse yourself with nature and experience the best photorealistic graphics in Virtual Reality so far and at the same time, the function of VR gallery was also that we tested the necessary things in development.
BTW, Thai is the first time I say it publicly! it’s not just a gallery! It’s an ESCAPE ROOM!!! Can you guys find all Easter Eggs?!
If you got an Oculus, you can download the VR Gallery from the Oculus App Lab. Check it out here: https://www.oculus.com/experiences/quest/4272071866184661

Q3. In how many ways or in what ways is Victoria VR generating revenue? What is the revenue model?
https://twitter.com/baykusbirligi/status/1462940408057577475
Adam Bém: Our revenues consist of:

% of in game purchases in Victoria VR world
VR lands sale
Royalties from secondary sales of in game purchases (NFTs)
Custom development for brands and other projects
Advertisement in the Victoria VR world
Royalties from secondary sales of in VR lands sales (NFTs)

Segment 3: Victoria VR Q/A with Community

Q1. Hackers and Scammers are very much active. Can you please give some information about the Security system of Victoria VR? How safe is Victoria VR especially for long term investors? Do Victoria VR have an Audit?
Adam Bém: Ondřej Dobruský — CEO & Co-Founder: technological expert with over 16 years’ experience inventing new technologies, solutions and their application. Experienced with over 11 years of leadership and dream team assembling. Gaming and Virtual Reality enthusiast and developer since 2010 and Game Architect since 2018.
He is also a cybersecurity expert with years of expertise which is a huge advantage for our project because everything is set up with security being a top priority.
Also, our smart contract has been audited by Hacken and no critical issues were found.
Everything will be audited by 3rh party💯
Check out the full article and report below 👇
https://victoria-vr.medium.com/victoria-vr-announces-collaboration-security-audit-by-top-cybersecurity-company-hacken-63daf26187aa

Q2. Where did you get the inspiration of creating Victoria VR project? How did you decide on this name? Can you please tell the story behind?
Adam Bém: Ondřej Dobruský — CEO has been planning this project practically his whole life, a game which, thanks to its quality and unlimited possibilities, is not just a game. Victoria VR combines the best parts of revolutionary games, the craziest thoughts and ideas from literature and movies, and my own game mechanics, algorithmic solutions, and ideas all embedded in realistic virtual reality. Victoria VR is our life’s work.
Our vision is to create something unprecedented, a new virtual world/life, on a level that, until recently, was not possible. Our vision is to create an environment where anyone can create absolutely anything. Our vision is to create a world that will be decentralized and owned directly by its users, and thanks to the algorithmic system for creating Quests, it will live its own life even without its creators. Our vision is to create a Virtual Reality that will make the most of its potential, a parallel universe where you can do absolutely anything. A world where everything is possible.

Q3. You have written on you website that “ Virtual reality will soon replace television, cinema, business, communication, education, entertainment and even Internet search”
This is a big statement to make. In how many year you think it will replace? And why VR is better than Tv, Cinema, internet etc?
Adam Bém: Because every thing you mentioned is much more engaging and fun in virtual reality. In addition, it opens up completely new possibilities.
Why just watch a movie when you can be in it and actually experience it?
VIRTUAL REALITY IS CHANGING THE WORLD!!!
MARK MY WORDS!

Q4. I want to invest in your project. Where did I buy your token? Is it available in any exchange? What are your views on this? Please.
Adam Bém: As a retail investor, you are able to buy VR tokens in the main sale that is currently taking place on DAO Maker at will end at 25th November.
https://daomaker.com/company/victoria-vr
Then you can buy on exchanges shortly afterwards.

Q5. What is your top 3 things for priorities in 2021? Could you share some plans for the upcoming year?
Adam Bém: