The International Association of Virtual Reality Technologies, or IAVRT, recently announced that a new network was being formed specifically for the purpose of virtual reality. Dubbed the "Neuronet," the global network would be independent from the Internet and would utilize the Virtual Reality Over Neuronet Protocol (VRONP), according to the product website. The company will apparently sell domain names on the new network to "offset the considerable costs associated with the creation of the network," one of the project's planners tells CNET.

The only problem is that the entire organization consists of two web developers in Vancouver and little more. Struck by the painful lack of technical or financial specifics on the project's website, several bloggers dug into the idea and found the organization is really just the website -- created a whole month or so ago. It raises the question of whether the project is a hoax, a film viral marketing campaign or just plain old lame.