ETHPrague 2026

ETHPrague 2026

Why blockchain makes everything real in Virtual Reality
2026-05-08 –, Sladkovský Stage

Virtual Reality has long struggled with questions of authenticity, ownership, and trust. Blockchain technology addresses these challenges by introducing decentralized verification, immutable records, and true digital ownership. By linking virtual assets to blockchain-based identities and smart contracts, VR environments become economically and socially “real,” enabling users to own, trade, and pro


Virtual Reality creates immersive worlds, but without verifiable value, these worlds remain fictional. Blockchain adds economic realism by enabling scarce digital assets, transparent transactions, and decentralized marketplaces. Through tokens and non-fungible assets, users can generate real value inside virtual spaces that persists beyond individual platforms. Blockchain therefore bridges the gap between imagination and reality, making virtual experiences economically meaningful and socially credible.

Sychov has been a strong advocate for the idea that Virtual Reality should be persistent, user-owned, and interoperable. His work emphasizes true digital ownership through blockchain, allowing users to own virtual assets, and identities rather than merely renting them from centralized platforms. Under his leadership, Somnium Space pioneered the integration of NFTs & decentralized economy