Cappasity, the first-ever decentralized AR/VR ecosystem for 3D content

exchange, announced today that they will be listed on KuCoin. The token, which works in the project’s rapidly growing platform, is currently listed on Cryptopia (symbol: CAPP).

According to the project’s active Telegram, we anticipate an additional exchange to be announced any day now. They have also indicated that business discussions have been initiated with one or more of the Top-5 exchanges (i.e. Binance, etc.). These conversations are always held under NDA, so no additional information is available at this time.

Overall, it looks like the Cappasity team is making a strong effort to not only increase the liquidity of their token but also boost awareness of their still-under-the-radar project — it actually functions far more like a technology startup company versus more traditional cryptocurrency projects, which is definitely a good thing.

Interested in Cappasity? Here’s a quick rundown of the project:

Platform & Developments

Cappasity is looking to become a major player in the AR/VR space, which is believed to be valued at nearly $35 billion by 2025.

Here is the official definition of Cappasity, straight from the project’s token website:

“The Cappasity Ecosystem encompasses participants willing to sell or buy AR/VR and 3D content. The ecosystem consists of supporting elements — the marketplace, blockchain and storage infrastructure. The sandbox area is used as a testing environment for the AR/VR/3D content in practice. AR/VR developers and active community contributors will be supported through dedicated Cappasity token funds.”

https://www.youtube.com/watch?time_continue=11&v=uj9SH2VQQz4

The applications of their technology (and decentralized platform) cover a number of different markets. Currently, the main focus seems to be in the e-commerce space, where Cappasity is looking to revolutionize how consumers engage with businesses and products. Just take a peek at a few of these videos to get a sense of how shopping could be drastically different on a platform like Cappasity’s.

Perhaps the most impressive element of the Cappasity’s project is the wide range of impressive partnerships that they have already cultivated. Most notably, they have partnered with Nvidia, maker of the ever-popular GPUs which are the lifeblood of the AR/VR and AI technology movements.

Additionally, it’s interesting to note the Cappasity team’s early dedication to capturing the Asian markets. According to their official Twitter account, they are already looking to launch their platform in China, building on the Alibaba cloud. There is also some indication that they have a growing relationship with Alibaba that extends beyond cloud storage/hosting services, which would be a massive value driver down the road.

Cappasity is now working on launch of its platform in China. Many thanks to @alibaba_cloud team for your kind support. The best support for developers! pic.twitter.com/VPwm5YHUoq — cappasity (@cappasity) January 28, 2018

Roadmap

The project roadmap indicates a clear value trajectory with aggressive technological and business development goals. We are especially interested in the decentralized AR/VR/3D content storage and app marketplace features that are planned for release at the end of 2018/early 2019.

Token

With any blockchain project, we look to understand the underlying use cases attached to the issued token. According to Cappasity’s website, the token (“CAPP”) will be issued as a digital payment vehicle that facilitates AR/VR/3D content exchange among the ecosystem participants from all over the globe.

Team

Cappasity is led by Kosta Popov, a seasoned technology executive. The project boasts an impressive advisory group that includes a few quality names covering both financial and technology areas. Additionally, we can confirm that they employ a number of community managers who are extremely active across platforms. This is perhaps the most well ran crypto-community we have come across.

Financials

Cappasity began with a $1.8M angel investor seed round and has closed Phase 1 of its ICO selling 295 million Cappasity Tokens (CAPP) and raising over $2.5M in cryptocurrencies. Phase 2 is slated for February 22nd, with the number of tokens to be sold capped at $47.5M. The valuation will be tied to the public market cap at the time of the ICO.

The CAPP token currently trades at around $0.25 (~$80M market cap), with a circulating supply of 327,243,078 CAPP and a total supply of 438,686,537 CAPP.

Final Take

The combination of Cappasity’s innovative technology, solid team of developers, and strong community suggests that we need to keep an eye on this project moving forward.

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Disclaimer: The author(s) of this article may have a position in one or more of the securities mentioned above. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.