If you will recall, Oculus Rift was launched in 2012. It requires a smart phone and now retails for from $299 to $399. To date, it has mostly found a home with technophiles and "geeks". The new Go version, however, is designed to appeal to the "masses".
As those of us in the toy industry know, virtual reality has not been a particularly successful tool for play. Its possible that Oculus Go could be a breakthrough.
Case in point is Hasbro's decision to create Monopoly, Boggle and Trivial Pursuit apps to be used with Oculus Go. You will be able to play these games in the "Oculus Rooms", which are virtual playrooms. Your avatar will appear and you will be able to sit at a table and play chess or Boggle and feel like you are sharing space with your friends and / or family.