3D and Virtual Reality have a huge role to play in the future that we’re trying to build. So far, the two concepts have seeped into the mainstream, but barely. Cappasity believes that the problem lies in the lack of a unified platform more than anything else. The current crop of 3D and VR elements are fragmented into different platforms, but their potential remains unrealized.
Cappasity has a vision: a single platform for content creators to share their products, all tied in by the security of Blockchain technology. This vision needs time to be fulfilled and will take several phases. The good news is the harder phases have already passed. Its whitepaper can be found here.
Founded in 2013, the company began its research and development on simple ways to create 3D content the very next year. Last year, it released a 3D digitizing application named Easy 3D Scan for free. It promises to be 10 times faster than its competitors.
This year, the company has launched the Cappasity platform that can be browsed from any form of device and has a trademarked 3D format. It also starts at 4x the speed of its rivals. The platform is easily embedded via an API or manually. Next month onwards, the company will start taking ARTokens on the platform.
Over the course of next year, Cappasity aims to bring a freely available mobile 3D capturing SDK, along with 3Dhologram related additions. It also hopes to bring in a marketplace that powers several Augmented Reality/Virtual Reality/3D content onto its platform within the first half of 2018.
While the initial focus was the content creation and integration, the company intends to make inroads into other industries with the objective of creating an umbrella platform that doesn’t just cater to a single field, but opens up the portal to 3D/AR/VR to the entire world.
The platform constitutes of a double-layered system. First, a blockchain powered infrastructure that will allow creators, moderators, and distributors to manage their content. The second would be the marketplace itself that tests the market for the 3D and AR/VR content. Consumers and businesses will be able to access and purchase the content.
To create a sense of community, the company is holding a crowd sale of 7,000,000,000 AR (ARTokens). The hard cap on the sale is $50 million. Currently, $1 (US Dollar) will fetch you 125 AR. However, the company expects the price to be higher in the second phase.The first phase ends in a few hours on November 22.
Crypto-currencies such as Bitcoin (BTC) and Ethereum (ETH) are accepted as payment for the tokens. The minimum accepted transaction for the sale is $35 and anything under that amount will not be recognized as a buying transaction. It will be practically ignored.
There are bonuses available based on the contribution made. 10% bonus for first $10 million and 5% bonus for the second $10 million has been set for Phase 1. This initiative stands to bring the 3D and Virtual worlds into the real one.
