Search

MTBS3D RT @GetImmersed: Dr. Ofer Shai is the Director of Omnia AI at @DeloitteCanada. He talked about the misconceptions about #ArtificialIntellig
MTBS3D RT @GetImmersed: The use of #futurecomputing in #healthcare was one of the prominent tracks at #Immersed2018, and we got to see some really…
MTBS3D RT @GetImmersed: Ricardo Wagner, Director of Product Marketing for #Office365 at @microsoftcanada, talked about their efforts to make moder…
MTBS3D RT @GetImmersed: Pascal Langlois, Founder of Collective Intent, talks about the potential of using motion capture technologies to re-enable…
MTBS3D RT @GetImmersed: David Parker, Founder of @teamwishplay, talked at #Immersed2018 about how they are using #immersivetechnologies like #Virt
MTBS3D RT @GetImmersed: Richard Huddy, Head of the Game Ecosystem at the Samsung Research Institute (UK), was the second keynote at #Immersed2018.…
MTBS3D RT @GetImmersed: .@JoanneAska, Co-Founder of @TribeOfPan, talks about @TheChoice_VR their innovative #VR project that addresses the topic o…
MTBS3D .@ArozziChairs makes high-end #gaming chairs and tables. Scott Nishi, Sales Manager for Arozzi, spoke to us at… https://t.co/4U4LyU1SJn
MTBS3D .@pimaxofficial interview from #CES2019 includes news about their latest #5K and #8K #HMDs, eye tracking and new co… https://t.co/mmgw69jRTa
MTBS3D .@HP unleashes the #VR dinosaurs at #CES2019. 🦕 🦖 https://t.co/Ufed2K99F5 https://t.co/Rd5irCXzMZ
MTBS3D Today’s interview is with Jan Ludvig from @SenseArena. Jan was a professional #NHL #hockey player. He talked about… https://t.co/3fT7zWGmyI
MTBS3D Chia Chin Lee of, CEO of @BigBoxVR talks Population One at #CES2019. #VR #eSports https://t.co/xfIWYboVkQ https://t.co/3pW2AEPaxG
MTBS3D At #CES2019 we met with Rikard Steiber, President of #HTCViveport, and he talked about their new @htcvive Pro Eye,… https://t.co/WjugF0l5gJ
MTBS3D We met with Ryan McCall, Director of Strategy and Business Development for @UL_Benchmarks at #CES2019. He talked ab… https://t.co/lo8HZkYs5p
MTBS3D .@OmronAutomation talked about their ping pong playing robot at #CES2019. 🏓🤖 #Robotics #technologyhttps://t.co/SvdLiCYlbZ
MTBS3D MSI showcased their latest 17" GS75 Stealth laptop computer and talked about the availability of #VR readiness in t… https://t.co/3UrISM7nWK

AltspaceVR Shutting Down

AltspaceVR Logo
Some unfortunate news in the VR world.  AltspaceVR, one of the leading metaverse platforms, is shutting down on August 3, 2017.  It was easily one of the most successful in the space having raised over $15 million USD for development from 2014-2015.  They also had the benefit of cross-platform support between multiple HMD manufacturers (HTC Vive, Oculus Rift, Samsung Gear VR, Google Daydream).  We checked it out a few times, and it was regularly the most populated among the metaverse choices.

Their most popular events included comedic performances by Reggie Watts, concerts, special presentations, and an online wedding or two.  According to the AltspaceVR goodbye page, they benefited from 35,000 visitors a month with the average user spending 35 minutes in the environment each day.

What does this mean for social virtual reality?  It would be interesting to learn what worked, what didn't, and why.  Were the early HMD sales overestimated?  Was the nature of the qualified user base more niche than expected?  Was the platform advanced and interesting enough?  Was the media practical for such a thing (were the HMDs suited for long social interactions)?  Did the investors have realistic expectations in the first place?

If we look at any semi-successful MMOG, there is definitely a proof of concept out there for online social communities in virtual spaces.  The catch is you need a viable glue to bind them together and the platform needs to be interesting enough.  AltspaceVR tried some cool stuff, and now the market has the opportunity to learn from it.

Best wishes and good luck to the AltpaceVR team.  They will be having a sign-off party on August 3 before they shut down - be sure to check it out!