AR Platform
The world becomes a creator of new AR and
this technology will grow so much faster.
Funding Requirements
$6,000,000 USD | Debit
Use of Funds
Software Development
Marketing
Sales Development
Team
Working Capital
VidIt Platform is an ecosystem for designers, free users and companies to interact with AR. The unique self creation technology allows users to generate AR experiences that can be anchored to images, locations, etc. The innovation of this company it’s giving the power of Pokemon Go technology to the world, with this, the world becomes a creator of new AR and this technology will grow so much faster costs.
Market Concern
Augmented Reality experiences are now created by developers, not the public, which inhibits the explosive growth of the Augmented Reality industry. Giving the power of AR creation to the world will change human behavior and improve the development of this kind of technology.
Vidit Solution:Vidlt reduces the friction of creation and consumption of Augmented Reality experiences in a way that accumulates social capital for the creators. VidIt democratized AR by being the first self-creation Augmented Reality social platform and generates traffic to images and locations populated by user generated content.
Industry
Augmented Reality is projected to become a Trillion Dollar market by 2030 (PwC) Besides, forecasting out to 2035, it’s believed AR could grab about 25 percent of the m-commerce market which would equate to almost $1.3 trillion”.
Business Plan
At the moment over 1.8 Billion Websites, videos and games need AR Services, that’s why VIDIT created a very disruptive AR platform. In phase One, we already deploy our Saas Model, in which we are focusing for now in the furniture industry.
With our free trial before getting enrolled we are ready to bring as many customers as
possible that will be monetized via the enterprise Saas model . In the future, brands will pay VIDIT to help facilitate the creation of Augmented Reality User Generated Content for unprecedented return on marketing spend through text campaigns, WEB AR and others.
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SUMMARY
JAKE MELLOR, MBA, Macc, CFP® CFO
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