Reality Reflection Successfully Raises $5million Through ICO Pre-Sale

Due to the complexity of the content, we are presenting this press release as is as it was provided by the company. This is a rather interesting development that will impact future games, not just those on Android and iOS.Reality Reflection, a VC-backed virtual reality(VR) and augmented reality(AR) startup announced today that the company has successfully raised $5million through ICO Pre-Sale of Moss Coin, an Ethereum based cryptocurrency.

The ICO Pre-Sale was the first in Korean game industry, and it was launched in the form of crowdfunding campaign for the company’s new project ‘Mossland’, a location-based AR mobile game that involved with virtual real estate.
Mossland adds in-depth gamification on top of the traditional check-in games such as Foursquare. Users can identify nearby real properties, acquire and trade them in the game. Virtual properties in the game can be tradable and liquified through cryptocurrency exchange, so users will put time and effort to increase the value of their properties. Users can also be virtual owners of famous landmarks such as Eiffel Tower or Statue of Liberty.

From the foundation date, Reality Reflection has been accumulating in-depth technical expertise on digital human character and knowhow on 3D photorealistic scanning technology, envisioning a Virtual Reality world with realistic digital characters. Also they have been in the forefront of developing creative VR contents upon launch of VR HMD in 2016 including HTC Vive and Oculus Rift. Such word-of-mouth reputation and credibility have led the Pre Sales of the Moss Coin to an instant success and laid a firm foundation to start developing the Mossland project with minimum marketing.

Wooram Son, CEO of Reality Reflection, said: “Thanks to the overwhelming interest of users in Mossland, the Pre Sale could be closed successfully in just 38 minutes. As many people are excited as we are to create a mobile game that you can own famous landmarks, we will put all of our effort in developing Mossland to give unique experience to our users.”

The Main-ICO of Moss Coin will start on February 19 with an exclusive up to 15% bonus.

Main-ICO information:

To learn more about Mossland and its ICO process, please visit, ‘Like’ it on Facebook, and follow its development on Twitter @TheMossland for all the latest developer updates and news.

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