If you've experienced a VR representation of a real place, chances are that you've just been looking around a static, 360-degree panorama of a room. OTOY believes that the days of the fixed-camera 3D picture are now done thanks to light-field technology, the same image refocusing tech you'll find in a Lytro. In short, a pair of DSLRs on a prototype rig spin around to capture pictures of a space with light field lenses. When that data is pulled into a computer, it creates a virtual version of that picture with unprecedented fidelity. The best thing, however, is that the company believes that users can then move about the image as they see fit.