The Vault Virtual Reality

The Vault Virtual Reality

Arts & Entertainment

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Security Type
Revenue Sharing
Min Investment
$100
Location
Seymour, CT
Offering Date
July 21, 2020
Expected Close Date
October 21, 2020
Target Raise
$25.00K-$75.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $180. They will owe you this amount by 7/1/2026, regardless of revenue.

Company Description

Shoot zombies, travel the world, golf, box, play silly games, or enjoy an escape room. Get ready to discover a new world with over 60 experiences available, the possibilities are endless!

We are seeking funding to be used for operating expenses to aid in the first year of operations. We currently have 8 gaming pcs, 6 HTC Vive VR headsets, 2 Oculus Rift VR Headsets, 2 Virtuix Omnis (Multidirectional treadmills), 8 tvs, all owned outright by the Vault Virtual Reality. We will be located in 115 Main st in Seymour CT and occupying a 5k sq ft building, ,4.1k of which will be used for the general gaming area and private party room. We have an occupancy level of 180 people, and our main private party room can hold up to 50 guests comfortably. We will be Connecticut’s premiere location providing a very unique, advanced and interactive Virtual Reality experience. We will have the Omni Full Immersion Omnidirectional virtual reality treadmill technology, never seen before in the North East and well over 1,000 virtual reality games in which families and groups can enjoy together. Since this virtual reality technology is yet to fully hit markets in the United States we have no competitors specifically with the Omnidirectional virtual reality treadmills we will have. 

What is virtual reality? Virtual reality is a computer-generated simulation of a three dimensional image or environment that can be interacted with in a seemingly real or physical way by a person using special electronic equipment, such as a helmet with a screen inside or gloves fitted with sensors.

Our business is categorized as Gaming/Virtual Reality (VR) Entertainment. The Vault Virtual Reality LLC will be Connecticut’s only Virtual Reality Center that truly features VR beyond gaming. While we have popular crowd favorites (action, shooting and zombie games) we also have a focus on k-12 academics (Academics VR), VR Sports (tennis, golf, soccer, etc) and VR Wellness (anxiety and stress relief). The Vault Virtual Reality will be the home to many gamers as well as gaming athletes. Through our center, up and coming gamers will be able to participate of nationally held tournaments with the opportunity to win up to 50k cash prizes for their team, our center has registered to become eligible to have teams participate to compete nationally. With our k-12 academics, we partner with schools to supplement their curriculums. Kids are able to enjoy of fully immersive experiences where kids can virtually dissect a frog, learn about plan/animal cells, experiment in a chemistry lab, etc, these will ultimately be marketed as field trips and after school programs. The same technology (considering its versatility) is being used by mental health professionals to treat mental health disorders. While we are not licensed clinicians, we simply wish to make the technology available to the general public, we make it clear that we do not diagnose or treat mental health disorders, despite the evidence research has provided. We foster a unique social space designed for families, friends and colleagues to have a great time. We feature VR in two different platforms at this time, room scale (an 8x8’ area with headset and controller and multi directional treadmill ( Virtuix Omni) where you can walk, run and turn in every direction.

Due to COVID, the amount of working capital we've had is close to depleted. We really need funds to invest in marketing and educating the consumer of these experiences which are second to none.

Use of Proceeds

  • Marketing: $30,000
  • Operating expenses: $20,500
  • VR equipment: $20,000
  • Mainvest Compensation: $4,500

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $180. They will owe you this amount by 7/1/2026, regardless of revenue.

Amount Raised : $700
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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