YouTube made a great move and they may just help kick off a greater appreciation and adoption of virtual reality.
A problem for many creators with the 360 format is that it can be pretty difficult developing a compelling story on for all those 360 degrees. It often doesn’t work that well.
YouTube is accepting applications from creators so they can participate in a three month “boot camp” where those successful enough to be accepted will get extensive training and as much as $40K to fund their projects. They’re partnering with VRScout and VRPlayhouse on this. Both companies are part of the growing VR scene based in LA.
It’s a great idea because VR is often intangible to many. This will create more awareness while potentially building a community of future creators from the audience that watches.