Cappasity Introduces ARToken as it Brings Cutting Edge Technologies

Jayanand Sagar | August 22, 2017 | 10:24 am

Cappasity Introduces ARToken as it Brings Cutting Edge Technologies

Jayanand Sagar | August 22, 2017 | 10:24 am

Cappasity, a platform offering 3D visual solutions to e-commerce segment announces ICO as it works on creating a AR/VR/3D ecosystem. Read more

The e-commerce sector has seen a tremendous growth in the past few years. Most of the companies that emerged during the e-commerce boom have already reached the tipping point, ready to adopt new technologies including drone-enabled deliveries, augmented and virtual reality and more.

The e-retail giants like Amazon are already exploring some of these options to further optimize delivery of packages while making it easier for people to completely shift from brick and mortar shops to online stores in a convenient fashion. However, end customers don’t see much changes in the way the items on these online stores are displayed.

Many times, people place an order based on what they see, and end up being disappointed once the actual product is delivered as it would look nowhere close to what they expected from the pictures. Now, there is a solution for this, and Cappasity presents it.

Cappasity is a computer vision startup, which is working on creating cutting-edge visual technology for the e-commerce industry. The cloud-based platform allows seamless integration of 3D content into the e-commerce business process, including product digitization, 3D and AR/VR shopping visualization solutions. With the integration of such a solution, customers will be able to easily visualize how the actual product looks before placing an order. That way, there won’t be any nasty surprise once it arrives at their doorstep.

The solution offered by Cappasity platform can revolutionize the e-commerce industry, especially the segment involving expensive goods. By eliminating the apprehension in customer’s mind, companies will be able to sell more through their online channels, driving up sales.

Cappasity has already made a name for itself through its association with some of the leading retailers and top luxury brands. The platform has further expanded its partnership with brands following its stint in the Batch 7 of the Plug and Play Retail Accelerator. However, the company doesn’t want to stop here. As a part of its expansion plans, Cappasity is working on creating a 3D system with a marketplace, APIs and SDKs for the developer community and also The AR/VR Innovation Fund.

In order to fund its initiative, Cappasity is organizing an ICO, set to go live in September 2017. During the crowdsale, contributors can purchase ARTokens with BTC, BCH, DASH, ETH, LTC, XMR and USDT. Cappasity aims to raise about $50 million in a span of 30 days, which will go towards software development, sales & marketing, bounty fund for users and The AR/VR Innovation Fund.

The AR/VR Innovation Fund created by Cappasity will encourage the developer community with periodic grants. These grants will be offered to top-rated apps. The platform also has a Reward Fund for Users, which encourage quality content generation by giving out weekly awards to the makers of most popular content. It also incentivizes active community members for moderation and upvoting content on the platform.

Those who are interested in being part of the revolutionary initiative can do so by participating in the ICO. More info about the platform and ICO is available on the Cappasity’s ARToken website.


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