Cappasity, stating its mission to make 3D digitizing as easy as photography, plans to launch a $50M ARToken (ART) crowd-sale
Cappasity, developing a complex AR/VR blockchain ecosystem aiming at fast & easy AR/VR/3D content creation and distribution announced its intention to expand the platform leveraging blockchain technology. New version will be powered by ARToken (ART), a virtual currency for trading the content inside the ecosystem, available in the upcoming $50M token crowd-sale.
Cappasity is creating a system that allows 3D content creators and distributors to monetize and share the fruits of their creativity via a tokenized ecosystem. Cappasity provides the first complex solution for fast & easy 3D content production and embedding into web stores and mobile apps. The company also provides a powerful analytic Cappasity AI to handle customer interactions with 3D, creating a heatmap for each digitized product. Cappasity platform is compatible with AR/VR devices and empowers content creators with tools, SDK and plugins to produce high quality AR/VR and 3D content.
Kosta Popov, Cappasity CEO and Founder, shared his company’s plans on crowd-sale:
“The implemented 3D imaging integrations with top luxury retailers have shown a major conversion increase by as much as 30-40% with tens of thousands of products imaged in 3D. Cappasity now gives a unique opportunity to stand at the origins of the AR/VR content revolution with AR utility tokens (ART) fueling the whole ecosystem.
3D content is going to drive multiple verticals, such as Gaming, Entertainment, Retail, Art, Education, Health, etc; users, developers and businesses are going to benefit from 3D imagery creation, embedding and trading, while Cappasity leveraging blockchain aims to become the global 3D/AR/VR content exchange ecosystem for each player. Our ARTs can be earned by creating and sharing 3D/AR/VR content, and be used to buy or rent it.
70% of tokens will be distributed between crowd-sale participants, while the remaining ARTs shall be allocated to founders’ long-term endowment and early contributors”
ARToken crowd-sale will begin at the end of September and will last for 4 weeks. Cappasity platform, a beta-version of which was released in January 2017, plans to attract a total of $ 50m. Total investment in the company from VC funds and angel investors so far amounted to $1.8m.
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