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Arcona AR Metaverse

Social Network in Augmented Reality

Russia, Leningrad region
Market: Virtual and Augmented Reality
Stage of the project: Prototype or product is ready

Date of last change: 10.04.2020
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Idea

Arcona surface recognition system connects real and digital worlds together into a single information space, which is designed for interactive everyday user experience with multimedia content in real-world around us.
We launched the social network in AR, where you can see and share the information on the digital billboards linked to the real world, travel in time and see how the city looked like in the past and navigate on the streets using augmented reality map.

Current Status

Marketplace launched in 2018:
Income more than $ 500,000 until today on product sales
Arcona ARViewer - browser for AR Metaverse built for iOS.

Problem or Opportunity

Scalability is the biggest problem in AR. The developer needs to be present in real world location to merge an AR content with real landscape. The development of each AR project is exclusive, expensive and takes a lot of time. Only specialists can create an Augmented reality project.

Solution (product or service)

With Arcona service of remote placement of content outdoors in changing environment, the user doesn’t need to be present in location to merge an AR content with real landscape. Any user, without technical skills, using Arcona development tools, can create AR project on fly. Share it with the rest of the world by placing it remotely in exact location in real geographical coordinates. Allowing the users simultaneously to dive into the mixed reality world around them.

Competitors

Google ARCore, Apple ArKit, Vuforia, Wikitude, ARToolKit

Advantages or differentiators

The main competitive advantage is the remote placement of content outdoor in changing environment and low cost 3d mapping using one single camera on any user's mobile device.

Finance

Revenues after the 3d year 200M usd.

Business model

- Direct sales and lease of Digital Land

- Royalties equal to the commission taken for transactions between the users on p2p market (the purchase and resale of Digital Land, uploading of custom AR content, such as 3D models).

- Sale of content within the system.

- Service fee for land maintenance.

- SDK and licences for the Indie Developers.

Money will be spent on

Development, porting to Android 500K USD
1,5M for 3 years = 2M users. = Revenues after the 3d year 200M usd.

Offer for investor

2M USD for 13% of the equity.
min contribution 400K USD for 2% of the equity.

Team or Management

Incubation/Acceleration programs accomplishment

Acceleration programs: Menorca Millennials, Intel
Microsoft Seed Grant.

Won the competition and other awards

TOP 10 world startups on “Future en Seine”, Paris, France.

Invention/Patent

#679492 ARCONA Trademark
#679491 Digital Land trademark
#2017661720 - Tech for Remote positioning of the content.
#2014610163 - Tech for surface recognition.

Product Video

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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