The Evolution of Virtual Reality and the Unlimited Possibilities of our Future - VR Life

The Moment Of Truth Is Here For Virtual Reality

Oculus Rift

On March 28, 2016, three years will have gone by since Oculus skyrocketed through their Kickstarter goal and reinvigorated the dream of virtual reality for millions of people around the globe. I will never forget the excitement of that fundraiser when gamers from around the world pitched in to revive the hope and dream of futuristic head gear that could make the virtual world into reality. There was a real sense that we were on the edge of something big.

Oculus Rift

No one could have foreseen what was to come however.

We thought it was a big deal when Oculus secured nearly $100 million and Chris Dixon stated, “I’ve seen a handful of technology demos in my life that made me feel like I was glimpsing into the future. The best ones were: the Apple II, the Macintosh, Netscape, Google, the iPhone, and—most recently—the Oculus Rift.”

Virtual Reality Ecosystem Map

And then social media giant Facebook bought Oculus, and turned the whole world inside out. While there was panic at the beginning among the VR community, looking back now it’s clear that the Facebook purchase was the best thing that could have happened. Not only did it give Oculus the funds to make the best device possible, it was also the starting tone for the world’s top conglomerates to seriously begin investing in virtual reality. The dam had officially broken wide open in the VR community.

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