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Topic: [ANN] Lucyd - Welcome to Lucyd, the new Augmented Reality World - page 38. (Read 18507 times)

member
Activity: 266
Merit: 10
Is it ERC20 token?

Yes that is correct.

Why did you decide to create ERC20 token? What are the advantages?

There is at least 4-5 reasons.

Blockchain’s promise is the decentralization of trust, potentially enabling value exchange without intermediaries in a democratized ecosystem. It provides the potential for financial transactions to be verified and cleared without the need for a trusted third party sitting between market participants. Removing intermediaries reduces costs and complexity and should enhance security, while also enabling a freer exchange of value and services.
Blockchain offers a number of exciting opportunities, including secure peer to peer transactions. In blockchain we saw the incredible potential to develop the Lucyd platform, through our token generation event, where we will launch our AR utility token called LCD. It also provides enhanced functionality for an AR content ecosystem, which through the Lucyd Lab blockchain can grow rapidly and be community-regulated. Our blockchain will let developers mine new LCD by creating quality content, with more LCD being released as the content gets more positive ratings. Downrated content can be automatically removed from the ecosystem, and developers can gain influence and prominence in the ecosystem by continually creating well-rated content.
LCD has a number of vital functions in the Lucyd platform. It will allow highly secure, rapid, P2P transactions on the Lucyd network. For example, you could send LCD to your colleague simply by speaking the command in-Lens. By having both the medium of access, and the hardware wallet itself in a single unit, we believe highly secure and convenient cryptocurrency transactions will be possible.
By letting developers mine tokens with quality content, and rewarding users for community-building actions, we believe our AR platform can grow much faster with the blockchain than traditional app ecosystems. LCD can be used for purchases of smartglasses, Lucyd native content and in-lens transactions, creating a decentralized micro-economy around our hardware platform.
A token generation event is much faster than traditional fundraising methods, which is especially important in the rapidly-advancing AR space.
A final reason for using a token generation event to raise contributions for development of our smartglasses, is that the typical token purchasers are tech-savvy and more likely to be an early adopter of our next-gen smartglasses.
member
Activity: 266
Merit: 10
I like the idea of the project. It looks massive. But I'm concerned if you guys can pull it off...
What's the track record of the team behind this project?


We have 9 scientists on the team including 7 Ph.D.s, some of the most renowned advanced optics and AR minds out there. Including the named inventor behind 12 out of 13 patents and Amazon engineer amongst others with 20 years of experience in advanced optics.

We also have CEO who has taken 3 companies public, is an expert in commercializing new technologies, as the Optics Lead who has 20 years of experience in commercializing advanced optics technologies as well.

You definitely have a great team and advisors and have very serious approach, wish you good luck!

Thank you. It's going to be a tough 12 months, but we can do it.
member
Activity: 218
Merit: 10
Just interested where are you guys based?
full member
Activity: 252
Merit: 105
So many projects around are fake and scam, but Lucyd is real. You could check any of their team members or advisors, they’re real people with years of experience in tech and science Cool I'm greatly impressed by Lucyd concept and ideas!


It looks promising and many people are looking for this kind of project I'm a fan of ar and VR too. But we cant say it's not fraud or scam ICO as long as it completed its ICO phase and executed the plans according to their roadmap. It really looks promising and can be the next thing and a competitor of google glass. Looking forward to the release of its product.

In the pioneers usually few people believe, also with Lucyd. But in vain, the team of scientific staff is constantly increasing, there are patents, now they are collecting money - and we'll see what they will do.
newbie
Activity: 156
Merit: 0
I'm a big fan of AR/VR tech, so I invested in Lucyd.
Can’t wait to get my pair of Lucyd Lense, so excited Cool
member
Activity: 220
Merit: 10
This project is indeed very impressive, if all information about the project is true then it's good for a prospective investor. All the same, I would keep researching more about it, but so far it's a big thumbs up! Keep it up! 
newbie
Activity: 146
Merit: 0
Is it ERC20 token?

Yes that is correct.

Why did you decide to create ERC20 token? What are the advantages?
member
Activity: 225
Merit: 10
this looks like a really awesome project with a solid team. Really interested to invest
member
Activity: 238
Merit: 10
I'm sure that Lucyd devices will bring a lot of benefits to all users and it will became very popular in the near future Cool
full member
Activity: 630
Merit: 103
TOKPIE
How Smart Glasses Could Solve the Asymmetric Information Dilemma

Whether it’s buying a used car, television, or a cup of coffee, one of the most timeless problems faced by consumers is — “How do I know what I’m getting for what I paid for?”

More specifically, this issue is what’s referred to by academics and economists as Asymmetric Information. The basic issue as it relates to any transaction of goods, is that there’s an imperfect balance of information. The seller of a used car, for example, knows a lot more about the history of the vehicle than the buyer — putting the buyer at a disadvantage in most cases.

On the flip side, the asymmetric information dilemma can also work against sellers. Consumers assume that high-priced items are a rip-off because sellers are keeping key information from them, and shy away from buying because they don’t think they’ll receive fair value.

And while technology has taken a stab at solving the asymmetric information problem — think of websites like Carfax or Zillow — there’s on emerging technology that has the potential to be a real game-changer for both buyers and sellers: Augmented Reality (AR).

https://medium.com/@LUCYDLTD/how-smart-glasses-could-solve-the-asymmetric-information-dilemma-e360fb0da004
newbie
Activity: 18
Merit: 0
Good project, i follow this
newbie
Activity: 148
Merit: 0
I dont know the real technical thing but my friend advised me to invest in this, hope for the best. Looking to learn more
full member
Activity: 420
Merit: 134
So many projects around are fake and scam, but Lucyd is real. You could check any of their team members or advisors, they’re real people with years of experience in tech and science Cool I'm greatly impressed by Lucyd concept and ideas!


It looks promising and many people are looking for this kind of project I'm a fan of ar and VR too. But we cant say it's not fraud or scam ICO as long as it completed its ICO phase and executed the plans according to their roadmap. It really looks promising and can be the next thing and a competitor of google glass. Looking forward to the release of its product.
member
Activity: 233
Merit: 10
So many projects around are fake and scam, but Lucyd is real. You could check any of their team members or advisors, they’re real people with years of experience in tech and science Cool I'm greatly impressed by Lucyd concept and ideas!
newbie
Activity: 126
Merit: 0
I like the idea of the project. It looks massive. But I'm concerned if you guys can pull it off...
What's the track record of the team behind this project?


We have 9 scientists on the team including 7 Ph.D.s, some of the most renowned advanced optics and AR minds out there. Including the named inventor behind 12 out of 13 patents and Amazon engineer amongst others with 20 years of experience in advanced optics.

We also have CEO who has taken 3 companies public, is an expert in commercializing new technologies, as the Optics Lead who has 20 years of experience in commercializing advanced optics technologies as well.

You definitely have a great team and advisors and have very serious approach, wish you good luck!
newbie
Activity: 133
Merit: 0
Will tokens be usable within the project only? Or they are exchangeable?
Yes. Purchasing 5000 LCD ($1150 with 10% bonus) by the end of the ICO is enough to reserve a beta Lucyd Lens. You must retain at least 5000 LCD to exchange for the Lens in Q1 2019 when available. LCD will become tradeable for BTC on the Blockbid & Nebula exchange in March. Buying more LCD tokens will give u more bonus:
•   $600 and up: 10% extra LCD.
•   $1200 and up: 10% extra LCD and automatic, fully paid preorder of a beta Lucyd Lens.
•   $3000 and up: 15% extra LCD and Lens preorder.
•   $6000 and up: 20% extra LCD and Lens preorder.
•   $9000 and up: 25% extra LCD and Lens preorder.
•   $18000 and up: 35% extra LCD and Lens preorder

Now I understand, thank you
newbie
Activity: 155
Merit: 0
Very promising ICO in recent times. But why you need decentralized scheme here, how it is implemented and what are benefits of it in your project?

  LCD has several functions. Its initial use is to fund the development of the Lucyd Lens prototype. LCD will also facilitate rapid peer-to-peer transactions in the Lucyd AR world, and is used to organically motivate user and developer engagement with Lucyd Lens. It accomplishes this through the Lucyd Lab blockchain, on which new AR content & apps are registered. Blocks then release LCD to developers based on user ratings of their content, and to users based on their feedback to the developer community, and participation in ads and promotions. LCD can be used to purchase AR products from Lucyd and other developers, as well as bought and sold on token exchanges.



Thank you for detailed answer
member
Activity: 186
Merit: 10
I would like to say that the project is really worthy. What is the forecasted rate after entering the exchanges? And when the token will be traded on the stock exchanges?
Thank you. We do not speculate on price of token, our token is 100% utility token.
Okay, thanks for the answer
member
Activity: 266
Merit: 10
Wings platform added Lucyd, with this move my trust to this project significantly increased. Best wishes to the team and congratulations with soft cap.

Hey thank you! And yes getting on board Wings platform is definitely a great thing!
sr. member
Activity: 462
Merit: 252
Buy/Sell crypto at BestChange
Wings platform added Lucyd, with this move my trust to this project significantly increased. Best wishes to the team and congratulations with soft cap.
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