• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Monday, June 30, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Facebook Expands the Oculus Gaming Group by Acquiring Sanzaru Games

Alex Mercer by Alex Mercer
March 10, 2020
in News
Reading Time: 2 mins read
2
occulus facebook

Photo: Kotaku

Share on TwitterShare on Facebook

Facebook has taken a big gamble by acquiring Oculus many moons ago. Despite not seeing much growth in the VR industry, the social media giant is not giving up on VR just yet.

Facebook Buys Sanzaru Games

It is interesting to see how Facebook is not giving up on a potentially failed venture. Virtual reality has failed to captivate audiences over the world. This is primarily due to the necessary hardware remaining expensive, as well as the content simply not being up to par.

Whereas Facebook expected to leverage a first-mover advantage, it has not paid off. Acquiring Oculus and its hardware division hasn’t yielded any notable change. Despite this lackluster development, the social media giant is not giving up on virtual reality.

Earlier this week, the company confirmed that it acquired another VR game studio. Known as Sanzaru Games, their portfolio consists of many different games. It’s most popular game receives a lot of positivity from enthusiasts and critics alike. 

By acquiring such a prominent developer, Facebook looks to move forward. Most of the 100 employees working for Sanzaru Games will make the jump to the Oculus gaming group. Sanzaru will operate independently from their existing officers, thus no physical move is involved. 

It is the second major acquisition for Facebook’s VR division in a few months. Late last year, the company confirmed it has bought out Beat Games. Their most popular offering, called Beat Saber, highlights the true potential of VR gaming. 

Whether any of these acquisitions will accelerate VR adoption, is difficult to predict. Consumers are not too excited about buying a VR headset costing hundreds of dollars. 

Until the cost of proper VR headsets comes down significantly, this industry will remain niche for quite some time to come. Having content developed outside of Oculus and Facebook is an interesting approach to making this happen.

Tags: FacebookOculus
Previous Post

Indian Hotel Launches World’s First Virtual Reality Experience Centre

Next Post

HTC Moves its Yearly VR Developer Conference to Virtual Reality

Related Posts

Solana ETF With Built-In Staking Is About to Go Live , Here’s What It Means
News

Solana ETF With Built-In Staking Is About to Go Live, Here’s What It Means

June 30, 2025
Solana Hits $145 Again But Could This Time Be Different
News

Solana Hits $145 Again But Could This Time Be Different?

June 29, 2025
Featured

Binance Stands by XRP as Others Pull Back

June 29, 2025
Featured

XRP Jumps as Ripple Wins Legal Fight

June 28, 2025
Trump to Save Crypto: New Order May End Banking Discrimination
News

Trump to Save Crypto: New Order May End Banking Discrimination

June 25, 2025
Why Ethereum 6-Second Block Time Might Change Everything
News

Why Ethereum 6-Second Block Time Might Change Everything

June 24, 2025

Press Releases

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next
News

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

by Alex Mercer
June 24, 2025

Introduction If you blinked, you might’ve missed Jupiter’s brief moment in the spotlight. The DAO behind the once-buzzy token has...

Read more
Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

June 19, 2025
What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto exchange with low fees and strong security Key tips to read crypto price charts and manage trading risks How to stay updated with market-moving news and practice safely before investing Introduction Cryptocurrency trading has exploded in popularity as an easy way to earn online. With simple guidance you can start trading Bitcoin Ethereum and other altcoins using your phone or computer. This guide gives clear steps for beginners. What Is Crypto Trading and How Does It Work Crypto trading is buying and selling digital currencies like Bitcoin Ethereum Cardano or Solana to make a profit. You buy when prices are low and sell when they go higher. There are two main trading types: Spot trading: You own actual coins. Derivatives trading: You trade based on price movements without owning coins. Spot trading is perfect for beginners because it’s more straightforward and less risky. Step 1 Choose a Reliable Crypto Exchange Select a trusted crypto exchange. Popular beginner-friendly options: Binance: Low fees and many altcoins Coinbase: Easy for beginners with strong security Kraken: Great support and euro compatibility Bybit: Simple interface with spot and futures Look for: Easy sign up and verification Strong security (2FA, cold storage) Low trading fees and fast euro or fiat deposits Wide selection of coins and high volume Step 2 Learn Crypto Chart Reading Reading price charts will improve your crypto trading success. Key concepts: Trend lines: Overall up or down movements Support levels: Prices where value tends to bounce up Resistance levels: Prices where value tends to slow or reverse Start with basic charts like candlestick charts. Many platforms like Binance and Kraken offer built-in guides. Step 3 Manage Risk and Use Stop Losses Crypto prices are very volatile and can change fast. Protect your investment by: Investing only what you can afford to lose Using stop-loss orders to sell automatically at a set lower price Not risking more than 1–2% of your portfolio on any trade This risk management helps you stay in the game long term. Step 4 Stay Updated with Real-Time Crypto News Crypto markets respond instantly to news. Use reliable sources like Vr Soldier, CoinDesk, CoinTelegraph and The Block. Track: Bitcoin ETF decisions New coin listings on exchanges Regulatory changes Major partnerships and developments Following crypto news helps you predict good entry and exit points. Step 5 Use Demo Accounts to Practice Many exchanges like Binance and Bybit offer demo accounts or testnets. Practice trading with virtual money first. This helps you learn: How orders work Chart reading in real time Trading fees and order types Once you feel confident, move to small real trades. Final Simple Tips for New Crypto Traders Start with well-known coins like Bitcoin Ethereum Avoid chasing hype or FOMO (Fear Of Missing Out) Keep a basic trading journal or spreadsheet Learn from both wins and losses Crypto Trading Basics for Long Term Profit

Crypto Trading Basics for Long Term Profit

June 16, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier