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Facebook Virtual Reality

Seoul, Korea

If the future of Facebook is video, as a top company executive said recently, the gaming industry is already predicting that a lot of that video will show live-action professional gamers, using virtual reality.

Minkonet, a Seoul-based company, is rolling out what it says is the very first technology that will allow live-streaming of VR versions of popular video games to social media in the coming months.

“360º virtual reality is the next video gaming platform,” founder Peter Kim said recently in Seoul.

inkonet, started with just 130 million Korean won ($110,000) in seed capital, attracted $1 million more from the Korean government’s tech incubator program and local accelerators, and is expected to close a multi million-dollar funding round this summer.

The company’s Swing software, which will be introduced in beta format this August, will allow game developers to live-stream VR versions of their games to platforms like Facebook and YouTube. Swing360, due out in November, will let anyone upload their live game play to YouTube or Facebook.

more : qz.com