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Powering the Festival of the Future: Sansar Allows for Long Term Monetization with Promoters by Providing Unlimited Performances in Custom Venues

New Partnership with Lost Horizon Opens Up Revenue Streams for Artists indefinitely

Sansar, the premier virtual live events platform, announced a long-term partnership with VRJAM to establish Lost Horizon, the world’s first turnkey VR festival venue. Lost Horizon has been developed by way of a joint venture between VRJAM and the team behind Glastonbury’s Shangri-La. The partnership showcases Sansar’s ability to provide custom venues that can be used over long periods of time, allowing for promoters to execute festivals and concerts as often as they like.

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Powering the Festival of the Future: @SansarOfficial Allows for Long Term Monetization with Promoters by Providing Unlimited Performances in Custom Venues. Full story >>

Lost Horizon, which kicks off July 3 and 4 with the largest arts and music festival in virtual reality, will continue to host live events and festivals this year – allowing countless artists the opportunity to monetize their performances through ticketing, tipping, and the sale of virtual merchandise. For the inaugural show, VRJAM has utilized a team of 80+ people in 12 countries to deliver performances by over 70 music artists and a virtual reality music experience of unparalleled beauty and detail. The effort marks the first time a VR event will engage multiple A-list music artists simultaneously – heralding a new paradigm shift in virtual event adoption as the entertainment industry continues to move further into the real-time 3D virtual space.

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To support the distribution of this and future festivals, Sansar has released a new mobile app – available now on Android and Apple devices, and created in collaboration with the leading real-time engagement platform Agora – that will allow fans to stream virtual live events in Sansar from anywhere in the world. Using Agora’s cutting-edge SDKs for video, voice and live interactive streaming, the first iteration of Sansar’s mobile app will prioritize live performances, allowing fans to move between different stages and vantages to get the best view of the artists. Future versions will include deeper interactivity, from chat to avatar creation.

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