Overview
Headquarters
Asia-Pacific (APAC), Australasia|Sydney, New South Wales
A patent-registered blockchain platform measured by gaze control/eye tracking. Gaze Coin is a payment system for AR & VR that uses eye tracking to trigger payments. Over the last two years GazeCoin has expanded the potential of its technology and patent, adding a number of new verticals to its business model - once the API is completed its main achievement is GazePay,. Gaze Pay is a smart contract driven VR world building tool that allows content creators to structure the business model their virtual worlds through a series of addresses linked to objects – each one with a distinct monetisation formula. Payments are then distributed through an Etheruem layer 2 payment system, allows tens of thousands of feeless transactions per second, In its simplest form the smart contract allows world/ content owners to create a payment gateway where users pay a fee by simply gazing at a doorway into the game or world. Payments are then distributed from the users wallet to the owners wallet seamlessly. The key to making this work is a Unity ‘module’ that processes payments from the content side and sends payments to wallets on the Etheruem side,. This base technology can be applied to any world and the smart contract ‘system’ allows the worlds to be as complicated as they would like to be – ie they can have multiple content providers to a world each with different payment prices and formulas – all based on gaze.