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Apple Bullish on Bitcoin: VR Token, Secret Whitepaper Fuel Crypto Speculation After Vision Pro Release

Last Updated February 5, 2024 11:30 AM
Teuta Franjkovic
Last Updated February 5, 2024 11:30 AM

Key Takeaways

  • Victoria VR’s metaverse app announcement sparks token surge.
  • Apple’s crypto guidelines cast doubt on Victoria VR’s app approval.
  • The previous discovery of Bitcoin white paper on Mac fuels speculation.
  • Apple’s vast user base presents a potential gateway for mainstream crypto adoption.

A relatively obscure virtual reality metaverse altcoin, Victoria VR (VR), experienced a notable surge  of over 24% within hours on February 2nd, following the tease of an imminent app launch on the newly announced Apple Vision Pro headset.

Victoria VR is a blockchain-enabled virtual reality metaverse, utilizing the advanced 3D creation capabilities of the Unreal Engine.

Crypto Metaverse Pioneer Lands on Apple’s Vision Pro

The developer at the intersection of cryptocurrency and virtual reality, Victoria VR, has recently announced plans to debut the inaugural metaverse app by a blockchain-centric firm on Apple’s “Vision Pro” headset. The project’s metaverse promises “ultra-realistic graphics and immersive gameplay,” designed to complement and enhance the technological capabilities of the Vision Pro headset.

Victoria VR’s digital realm is anchored by its native VR token, designed to reward both active participants and stakers within its metaverse. Adhering to the Ethereum blockchain’s ERC-20 standard, the VR token is integral to the platform’s economic dynamics.

The press release, shared with CCN, details that “Victoria VR’s in-app economy is propelled by the VR token, which catalyzes activities that enrich the virtual experience for all users”.

In a notable surge, the VR token’s value has escalated by approximately 65% in the last 7 days, with its market capitalization reaching $109 million, as reported by the latest CoinMarketCap data .

Bitcoin White Paper Sparks Apple-Crypto Connection Rumors

This series of developments becomes even more intriguing when juxtaposed with an unexpected event from the previous year. Tech expert Andy Baio  made an accidental discovery, finding a copy of Satoshi Nakamoto’s Bitcoin white paper on his Apple Mac computer, an occurrence that cast a curious light on the intersection of technology giants and the evolving world of cryptocurrency.

Baio was left puzzled, unable to decipher the reason behind the inclusion of the seminal Bitcoin manifesto among the documents embedded within Apple’s operating system.

He wrote :

“Maybe it was just a convenient, lightweight multipage PDF for testing purposes, never meant to be seen by end users.”

The crypto community’s interest was piqued notably because, not so long ago, Apple specified its guidelines  for cryptocurrencies and non-fungible tokens (NFTs), delineating permissible app interactions with these digital assets.

Paving the Way for Crypto’s Mainstream Adoption

Apple is a towering $2.87 trillion behemoth, boasting over 1.4 billion  active iPhone users and more than 100 million  Mac computer users, according to the latest data available. This staggering user base is a testament to the widespread adherence to Apple’s software and hardware ecosystem, with hundreds of thousands eagerly anticipating each Keynote event and product launch.

Even though it may not seem so, the integration of crypto and blockchain technologies into mobile platforms is showing promising signs of growth and acceptance.

The iPhone, in particular, may serve as a crucial gateway for introducing the masses to crypto as well as the broader potential of engaging with decentralized, permissionless, and transparent networks. Individuals may become active participants in the crypto space without needing a deep understanding of the underlying technology.

Apple’s knack for distilling complex technologies into user-friendly, intuitive products has played a pivotal role in securing its cult-like status over the years, further bolstered by its cinematic marketing and advertising prowess.

When it comes to widespread crypto adoption, it’s Apple’s ecosystem that could be the game-changer. The integration of crypto within Apple’s products, combined with the company’s global reach and fervent consumer base, would be a major driving force in bringing crypto into the mainstream.

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