In a statement posted on their blog AltspaceVR announced that it is closing down due to “unforeseen financial difficulty” regarding their next round of funding falling through.

Let’s hope that until August 3rd something will happen. Why August 3rd? Because that’s when the farewell party is. So if you made friends on the platform make sure to meet up with friends before the shutdown. The “good” news is that you can save your photos and friends lists at: https://account.altvr.com/events, by clicking “Friends” and “Photos,” respectively. Click CTRL + S on PC or CMD + S on Mac, and make sure it reads, “Webpage complete” to ensure the download.

Warning: the following message is heartbreaking and it is beyond our understanding why this flagship VR platform is not taken over by some other investor. Here is their racking message:

It is with a tremendously heavy heart that we let you all know that we are closing down AltspaceVR on August 3rd, 7PM PDT. The company has run into unforeseen financial difficulty and we can’t afford to keep the virtual lights on anymore. This is surprising, disappointing, and frustrating for every one of us who have put our passion and our hopes into AltspaceVR. We know it will probably feel similarly for you.

You’ve made AltspaceVR one of the best places to be in VR (or on the internet). We won’t try to write down all of the memories that are flooding our hearts right now of all of the laughter, puns, fun and friendliness that existed in this community. There have been spontaneous concerts, new friendships, marriages, surprise serenades (looking at you Shoo Shoo!) and too many warm hugs from Claire to count. We hosted so many firsts! And we still have the record for most people in VR at one time (were any of you there at Reggie’s first performance?). We’ve also seen so many community members come into their own and host karaoke nights, improv, movie nights and meetups for people all across the globe.

We are all humbled by what you made of this virtual oasis. Thank you for spending your time building, hosting, and making the best community we could have wished for. Please take the next week to make sure those connections live on past AltspaceVR. Because if you do, then what we built will really live on.

There have been many tears and there will probably be a few more to come. We’ve given up wiping off the mist that clouds our headsets. Please join us for a final farewell party on 8/3. At the end of the party, we will be shutting down AltspaceVR.

Good bye Altspace VR

Good bye Altspace VR

We can only hope something will happen. We at vrplay are vrey grateful for the enourmous Altspace contribution to the VR world. We are anxious to see what the team will do next.