A team of Canadian developers are attempting to launch a "Pinc VR headset" to capitalise on the growing market. This foldable device will work wit the iPhone 6 and iPhone 6 Plus and will be controlled by optical rings on the wearer's hands.
It can be used as a case and comes with an app where you can play games and browse the web. The iPhone goes into the case and then LEDs on the rings that are worn on the wearer's fingers are tracked by the iPhone's camera.
The user can make hand gestures to control on-screen objects.
This would set to rival Oculus Rift and Samsung's Gear VR.