I was really amazed at this when I first saw it. This is the power of the blockchain showing it's true colors because it is bringing technology ever closes and faster to the Masses, just like this project. I am wondering how many competitors you have right now with a product similar to yours and what percentage of the market you are looking to capture in your chosen niche. Would be interesting to munch over a few number crunching goodies.
There no AR products currently available that have all of the features Lucyd Lens is anticipated to have. Note we have very tangible technologies (13 patents developed by a major optics experts in the United States by one of the leading optics expert centers) and the team of optics/AR experts put together specifically for the purpose of addressing the main shortcomings of currently available smartglasses. We know that we need better field of vision, lighter and more ergonomic shape, adaptable to corrective lenses, better battery life and our technologies and team will address that. Our articles sums it up pretty well, I encourage you to read:
https://lucyd.co/2017/10/09/our-ergonomic-advantage/https://lucyd.co/2017/10/09/lucyd-in-brief-a-comprehensive-introduction/The AR market will be in dozens of USD$ billions by the time next decade starts. The AR head mounted display itself (a segment of AR market) is expected to reach over $34B by 2023:
https://lucyd.co/2017/09/20/augmented-reality-spending-exploding-11x-to-36-4b-in-2023-greenlight-says/ Lucyd is well positioned to grab a decent share of this market, especially in industrial applications. We like the idea of token sale instead of a regular capital raise because of speed and the presence of talented community to help develop the native software. New AR developers who submit quality content to the blockchain will be rewarded LCD based on user ratings, in addition to traditional app revenue. This will encourage production of new apps and AR-native media that harness Lucyd hardware to improve the experience for everyone. Users will be rewarded LCD for contributing to the developer community with betas, ratings and reviews, and by participating in promotions, ads and bounties. By running the Lucyd AR world on LCD, we get to focus on delivering you a smooth, uninterrupted experience, and LCD holders can easily buy new AR products or cash out on an exchange, with coin they got just for using their Lens. Everybody wins, and everybody can participate in the growth of the platform. LCD will make peer-to-peer transactions among Lens users in any country easy and efficient. Another feature will be in-glasses shopping platforms, and paying with Lens in real life via RFID.
To reward early adopters of the token, we are reserving the first 500 pairs of production Lucyd Lens smartglasses for token sale participants only (there will be a queue in Q1 2019 when we are expecting to deliver the first run). We estimate one pair will cost around 5,000 LCD.
We want to provide an extremely smooth user experience to ensure the success of our smartglasses. We also want to motivate people to engage with the AR revolution, so handsfree computing can make everyone’s lives easier and more productive.