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"True Player Gear" is long-winded and we've heard pretty much every possible permutation of those words. It also caused some confusion at times: "Wait, you guys aren't making hip hop clothing!?". But most importantly, we felt it did not reflect our long term vision for the company, which is that VR should not be limited to gaming but also be open to simulations, education, medicine, architecture, etc.
In addition to this change, the company also mentions how their first public demos of their "pre-alpha alpha" VR headset (called Totem) went for them.
This comprised of an 1080p LCD screen and our custom PCB, all mounted inside the 3D printed model you've already seen in photos. We showed a few stereoscopic videos and that was enough to get some wows. Even though the LCD had most people praising it, the plan is still to replace it with a low persistence OLED panel within a few months. Porting the head tracking from our last gen prototype is almost finished and we hope to be able to show it in the next few weeks.
vrvana also noted that they are in the middle of getting a plugin ready for use with Unreal Engine 4.