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Sounds like good fun @arulshijuarts! Will the access be paid or will you earn for example from ads? Or maybe in some other way?

I have to find right block chain to boost earnings, if myself and users can gain enough earnings through steem blockchain, then I will implement the project in steem itself ...

If ad is the best way to gain money, then I will put ads ...

The project looks like d.tube, but with three options 1)for movie creators 2) for viewers and 3) for 3d model sellers ... Movie creators can create movie easily by buying 3d models from 3d model sellers/creating their own ... When users play the movie, the main role of the movie will be replaced with the 3d character of the same user/viewer ... So, he can enjoy the movie as he is playing the main role ... And users have to pay the 3d model creators to create their own 3d avtar/character , so it can be put in any movie of the platform ...

But, every users has to give the rendering permission and patience, so the movie for other users will also be rendered in the devices of every users ...

I hope that you will implement your idea! I can already imagine how I watch the horror movie in 3D. :D
If there is no concept like this on the market, take an interest in patenting it before you start.