From shopping to entertainment, healthcare to real estate, Virtual Reality is rapidly becoming the next big thing picked up by MNCs and startups. The opportunities to make big money in virtual reality are developing daily, expanding the scope for creative innovation. Read this blog further to understand the four possible ways you can use VR/AR/MR to monetise your business.
1. Build your own VR game
Creating an immersive gaming experience behind the lens of a VR headset sounds daunting. But it doesn’t have to be! Take a quick look at the following points to keep in mind while building your own VR game to earn good money:
- Set up the scene of your game.
- Add gaming assets such as lighting, characters, and situational props.
- Define VR game behaviour
- Detail your game code by adding bump navigation, meshes and different textures.
To better understand Virtual Reality gaming, we recommend you play well-established VR games such as Batman: Arkham VR, Half-Life: Alyx, Superhot & Pistol Whip.
2. Introduce VR in healthcare Apps
In the wake of the COVID-19 pandemic, there was a significant shift toward remote appointments, home sample test collection and medicine delivery at the doorstep. While this expanded the availability of timely medical help to all, adding VR to this dynamic will undoubtedly change the game. VR and other visualisation tools in healthcare will help doctors remotely diagnose and treat ailments using sensory feedback to provide an accurate prognosis.
3. Use VR to Buy & Sell ‘Real’ Real Estate
VR in real estate is an innovation that realtors everywhere are exploring. The best case study to consider is WalkThrough, a Real Estate Agency based out of Denver, USA. They create virtual reality tours for the listed properties for potential buyers. WalkThrough believes while the experience is incredible, they also save a lot of time by avoiding in-person visits. Real estate is not the only business where VR finds application. Imagine if you could give customers an experience of a test drive before purchasing a car or allow them to ‘wear’ clothes and accessories before buying them. The possibilities are endless!
4. Integrating VR in Film making
Virtual Reality filmmaking is a debated topic in recent times. While it promises to provide an immersive experience to the watchers, certain drawbacks can be noted, such as the heavy costs involved in producing VR films. AR/VR technology can stimulate sensory functions such as sight, hearing, and touch, making it possible for people to get lost in a virtual realm. But the filmmakers are worried that they may be unable to guide the users’ attention toward the mainline perspective. They may turn back to watch something, and the best part may pass right before them. VR in films is still in the developmental phase and will revolutionise filmmaking soon.
With heavy investments pouring into the field of Virtual Reality, we believe this is the right time to experiment and reap maximum benefits. We hope the above ideas have helped you kickstart your VR/AR journey. If you have any questions, please leave them in the comments below!
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FAQs
What is VR?
Virtual Reality, or VR, uses computer technology to create a simulated environment that can be explored in 360 degrees. It allows the user an immersive experience, be it gaming or films.
What are the 3 types of VR?
The 3 types of VR are:
- Non-immersive Virtual Reality: In this virtual reality, you can’t directly interact with the virtual environment but can control some characters and actions through a computer.
- Fully Immersive Virtual Reality: This ensures a realistic virtual experience for the user. It would feel as if you are physically present in the virtual world and the events occurring there are happening to you. Special equipment like VR glasses, gloves, and body detectors equipped with sense detectors is required to provide a realistic virtual experience.
- Semi-Immersive Virtual Reality: As the name suggests, this VR requires a computer screen or VR glasses. You can move around in a virtual environment, but other than your visual experience, you will have no physical sensations to enhance the experience.
Is VR used in actual films?
While Virtual Reality is used in several aspects of filmmaking, post promotion and marketing schemes, VR in actual films is something most directors agree to be a ‘little too good’ for now. If VR headsets were to be incorporated, several changes in the traditional theatre experience would have to be altered to give a comfortable viewing experience to the audience. Rotating chairs, reducing the number of seats in the theatre hall, etc. are a few. And even after that, not all the viewers may be comfortable with the change.
What are the best movies that used VR?
- Here is a list of movies that have used Virtual Reality (VR) and have received good ratings from Metacritic:
- The Matrix
- Existenz
- Dark City
- Ready Player One
- The Matrix Reloaded
