Media Announcement: SpaceoutVR, Inc. is excited to announce the launch of an investment crowdfunding campaign with Netcapital. SpaceoutVR, Inc. a Mobile Virtual Reality software company. Their product, Spaceout.VR is a free to play Social VR MMO for iOS & Android that monetizes with upgrades and features for entertainment, gaming and communications.
“We are pleased to offer our friends and fans an opportunity to grow with our company,” said CEO V Owen Bush. “Equity crowdfunding is how the future is funded and SpaceoutVR is the future of immersive entertainment.”
The VR MMO engages players with fun VR experiences. Players aim to win by building the biggest Space Station in VR. Using machine learning and social media analysis, the MMO populates personal spaces with the digital content that players love. A social feed allows players to meet, share, and leave messages for each other. A gamified user economy will drive the revenue of SpaceoutVR, Inc.
With two years of operations, over 250,000 app downloads and over $1.2M invested, the startup is on the launchpad to success. The team has had an exciting quarter leading up to this campaign, with several big milestones including a seed funding round with $365k invested.
SpaceoutVR has been selected as a top featured VR app for the Google Play Store and smashed new records in engagement with an average session of 18.33 mins in May. The team launched Spaceout.VR v 1.3.1 with a Social VR Feed and in-app 360 Photo Sharing. Spaceout.VR is now a top featured app on the Google Cardboard VR Library.
On June 29, 2017, SpaceoutVR won the CEG Technology Award “Judges’ Choice for Technology”. They were also awarded a free booth at both TechCrunch Disrupt in May and at the Northside Festival, June 7-9 in New York.
The company was co-founded by four senior executives in Gaming, Entertainment and Digital Marketing. SpaceoutVR, Inc. hopes to become a defining brand in mass-market consumer VR, and they have the experience behind them to make it happen.
Find out details about pricing and funding here: https://netcapital.com/companies/spaceoutvr