The virtual reality scene is set to become a little bit more interesting, as Chinese tech giant Xiaomi is seemingly gearing up to release its first Google daydream-compatible VR headset soon. If rumors are to be believed, the manufacturer's virtual reality device could be released as early as the first week of August.

In fact, Xiaomi's official Weibo account, which the tech giant utilizes to announce important events, has released a teaser about its first-generation VR product. Though the text of the teaser could not be fully confirmed due to it being written completely in Chinese, some VR fans have roughly translated the text and stated that it is referring to an August 1 release date for the VR device.

What really makes Xiaomi's VR headset quite special is that it is rumored to be fully compatible with Google Daydream, a VR platform recently introduced by the search giant. Indeed, when Google introduced its Daydream platform last May, Xiaomi also announced that it was working on releasing a line of VR-related software and hardware.

Details about Xiaomi's upcoming VR headset are quite scarce, but rumors are suggesting that it would be in the form of a smartphone-compatible headset, much like the Galaxy Gear VR from Samsung. Speculations are high that the headset would be offered at around the $90 range have been abounding as well.

These rumors do have some credence to them, especially since Xiaomi itself announced that its VR headset is designed to give a premium virtual reality experience to MIUI users. MIUI is the company's take on the Android operating system, which has so far been lauded by users due to its added features and ease of use.

Plus, the company does seem to be gearing up to push mobile VR to consumers, recently releasing the Redmi Pro, a powerful device that is aggressively priced and loaded with features.

If the company does indeed release a mobile VR headset, it would definitely make the virtual reality scene much more interesting, and much more competitive.