In the Transference universe, you're working with Wood and a company called "Spectrevision", who are working with Ubisoft (yes, it seems this will be very meta) to bring experimental technology to the masses.
Thus far, it appears Transference will be coming spring 2018.
Transference is now schedule to launch Spring 2018 for VR systems like PSVR, Oculus, and HTC Vive as well as PS4, Xbox One, and PC. During Ubisoft's presentation, one new game designed for virtual reality caught a lot of attention, mostly due to its cryptic nature.
The game is set inside a digital recreation of a mind, and is partially inspired by real-life research that measures brain waves in an effort to visually recreate dreams.
Watch the announcement trailer below. How the player chooses to proceed will have consequences that affect the fate of the family.
Ubisoft has also released an interview with Elijah Wood about Transference, about his company's vision for the upcoming VR thriller.
Ubisoft has stated that it wants the idea of VR to stay with you, even when you take off the headset.