Innovative Online Shopping Virtual Reality Marketplace ViMarket Launches ICO Event in Grand Style

March 22, 2018

ViMarket – a revolutionary online shopping marketplace announced its initial coin offering event at the renowned Austin’s South by Southwest Interactive Festival (SXSW).

The project was initially scheduled to take off in January, but the firm had to postpone it because it wanted to work in-line with all the U.S regulatory frameworks as regards token generation events.

ViMarket is an innovative platform. It combines photorealistic 3D models with virtual reality to give users a sneak peek into how the product they intend purchasing could add value to their lives.

VIT token is the native cryptocurrency of the platform, and it facilitates transactions. Users can purchase virtual goods and simulate ownership before buying the products. This process boosts customer confidence and drastically reduces the rate of returns, as well as shopping cart abandonment.

Technical Visionary at ViMarket said that:

“Since a significant portion of our small but global team live in the US, we are particularly sensitive with regards to being compliant with applicable US law pertaining to cryptocurrency ICOs”

At the SXSW festival, the team disclosed that shortly, users would be able to purchase cryptocurrencies on the platform via the ViMarket Exchange.

When the exchange goes live, users will be able to shop on the ViMarket vast merchant marketplace with cryptos such as bitcoin, ethereum, ViTokens or US dollars.

The ViMarket private presale has been live since March 12, and the public presale comes up before the end of March. That’s not all; the crowdsale will start in April or early May.

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