Photo - Satoshi Nakamoto Republic
play_arrow
View
29267

Satoshi Nakamoto Republic

The creation of augmented reality cities

Ukraine, Kyiv city
Market: Internet and IT, Blockchain, Crypto currency, Virtual and Augmented Reality
Stage of the project: Operating business

Date of last change: 22.10.2018
Min investment
$  50.000
0
Total required
$ 1.500.000
Rating
equalizer 404 из 1000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

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.

Invested in previous rounds, $

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.

Mentors & Advisors

Risks

The customers are not ready or will not have the desire to build their own objects.

Photos

Photo 1 - Satoshi Nakamoto Republic
Photo 2 - Satoshi Nakamoto Republic
Photo 3 - Satoshi Nakamoto Republic
Photo 4 - Satoshi Nakamoto Republic

Website address

Comments: 1
Tom Kosnik
Tom Kosnik...
OUr company started out investing in VR and then stopped because we could not understand it.

Beauty is in the mind of the beholder. looks like your invesor loves the three headed beast. I find it troubling, probably violent, and the opposite of "female Friendly."  How do your segregate content to people who don't want other peoples virtual objects in their virtual world?
I am open to learning more, but I am concerned...

You need to login

5,00
1
2
3
4
5
2 voices
Log In/register
arrow_back
EN
more_horiz
close
visibility564
star1
Add to favorites
Delete from favorites
share
close
thumb_up1
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address