I came across this interesting and highly rated ICO — Cappasity, rated ‘Positive’ by icorating, 4.2 by icobench.
Augmented Reality/Virtual reality is the new age phenomenon. It used to be thought of as a gadget for gamers, but the tech space is expanding so as to enable content creators to even use smartphones to produce VR experience. AR/VR technologies have started to expand beyond the gaming industry. Retail sector can benefit from this technology as it would entice the customer and provide a real feel of products before purchasing them. This technology can influence and disrupt education and learning sector. Students can learn through virtual reality courses and enhance their lateral thinking. Healthcare sector can benefit using augmented reality by providing 3D visualizations of organs for precision surgery. Aerospace Industry leverages virtual reality to train pilots. Even NASA uses VR to train space travellers. The adoption of AR/VR is also expanding into travel, real estate and automotive Industries as well to boost customer interaction.
Cappasity provides tools and platforms to generate, rent and sell 3D content which can be used in web portals and also on other social platforms — Steemit, Medium etc. Cappasity uses decentralized blockchain to prevent copyright infringement and enables content producers to earn for their content.
Let’s take an example, you use Cappasity to create VR experience for a Television and could sell or even rent your content to an online retailer. The online retailer can embed the content into their mobile app or web app that will eventually boost sales and the online retailer would reward you. It becomes a win-win situation for both parties.
Why do I believe that Cappasity would rule this market?
- Early adopter of AR/VR blockchain
- Target market of $150 billion by 2020
- 10 times faster solution compared to their competitors
- Cloud-based software tools that enable content creators to produce 3D content within 3 minutes
- Easy to use embedding API that supports both web and mobile
- Proprietary 3D format and support for data streaming
- Increased sales for content users as it is proven that interactive media and images enable increased interaction and conversion
Cappasity and its blockchain
Cappasity tokens are built on Ethereum blockchain smart contracts. To facilitate content exchange between stakeholders in the AR/VR ecosystem, Cappasity introduces CAPP tokens — digital utility currency. Cappasity blockchain is decentralized and can handle huge number of micro-transactions. Security and copyright is managed by well-designed smart contract. The blockchain ecosystem will be storing the content exchange details
How CAPP tokens can be used?
Users can earn CAPP by publishing and producing 3D content. Users can also earn for validation and content moderation. Content can also rented and sold for payments. CAPP tokens can also be used to pay for content subscription, 3D content purchases and commercial rentals.
Team at Cappasity
Kosta Popov, CEO founded Cappasity in 2013 and has raised 4mn $ to enable the launch of its AR/VR platform and its software toolkit. The platform is currently supporting a million views a month. He has 15 years of entrepreneurial experience in this Industry with successful video games development start-ups. Cappasity has strong advisory team with blockchain background veterans. With already proven experience, this team sure will be a great success
I have been following this project for quite a while and believe Cappasity can disrupt AR/VR market with its innovative products and merging the power of crypto/blockchain. With the support of community, early adopters and 3D content creators, this company is sure to stay for long.
Invest in companies that provides value. Amazon, ebay survived and succeeded the early Internet bubble crash as they provided value to its community. Cappasity is one such organization that provides value to its stakeholders.
White Paper: https://ico.cappasity.com/whitepaper
Website: https://ico.cappasity.com/
Telegram Referral: https://t.me/CappasityAffiliateBot?start=Z29vZ2xlLW9hdXRoMnwxMTA5MDYyOTU5ODY5NjYwMzQ5NDc
Note: The views are personal