We are creating virtual cities using the Augmented Reality technology and reunite them into the Virtual Republic.
Current Status
As of today, we have implemented the platform for virtual monuments’ installation in cities, the platform of virtual land sale and have established the first virtual monument to Satoshi Nakamoto in Kyiv (Ukraine). In the near future the monuments will be installed in New-York, Los-Angeles, San-Francisco and Miami.
Market
The market is growing, but still small as only 18 smartphones now support the full AR mode.
Problem or Opportunity
We are providing everyone with the opportunity to take part in the foundation of virtual cities and make them look as citizens want them to be, through the installing of 3D objects in their native cities.
In further releases, any willing person will have the opportunity to virtualize himself/herself within of AR social network.
After the foundation of SNR project, everyone can buy virtual land for placing AR objects there and install them in accordance with the coordinates or QR-codes.
Thus, our team is providing the service, which will help to integrate all the AR objects of the real cities in our application. Due to this feature there is no need to create expensive additional (personal) application for Google Play и App Store for demonstrating AR objects, as well as it reduces the expenses on marketing and promoting of your application.
Solution (product or service)
We are developing the service which will allow anyone to place AR objects in the real world. Either existing or the new one.
We would like to integrate all the objects of AR and reduce the cost of the App developing for the demonstrating of the AR objects and to reduce promotional expenses.
Our team decided to develop the platform where any person can place AR objects.
Competitors
It's still the new industry, but we have some. As for example https://superworldapp.com/ Beside it, Non-Consuption can be a problem.
Advantages or differentiators
We are already on the market and there is big interest from international media. More than 200+ media all over the world made publications about our project.
In comparison with our competitors we are establishing the virtual cities right now, without any delay & the long-term rebuilding of the software solutions for the implementation of our idea. We have the clear road map of the project and are involving users now, who are interested in the developing of their cities as well as integration with the augmented reality.
Finance
It still hard to build financial model, because we need to conduct some experiments with customers.
Business model
The virtual land sale, lease of advertising spaces in AR cities.
Money will be spent on
The further development of the software & marketing.
Offer for investor
The equity participation will be discussed during the meeting. Beside it, there is the possibility to buy electronic key of one or several cities and divide the revenue, that will come from that city in the future.