AR innovators Lampix raised more than $5m in the first 24 hours using their own cryptocurrency PIX to raise funds to grow their big data community.
The aim is to bring augmented reality to any flat surface, transforming everyday 2D surfaces into interactive digital displays. Like Bill Gates’ dream of a computer in every home, the aim is make Lampix available in every room, shop or office or factory.
CEO George Popescu says: “We raised more than $5m in the first 24 hours at our Lampix token crowdsale. And we are on track to successfully close our round as planned and look forward to creating a vibrant market in PIX once the offering settles on August 19th.
“To enable Lampix to reach its full potential, we need to build a billion-picture-and-description database. We will use PIX tokens to grow the data ecosystem through purchases and payments.”
Many publications have pointed out the huge potential impact of our big data crowdsourcing approach and he believes the next Google or Facebook will be built on the blockchain: “We plan to map the interior world of objects in the same way Google maps mapped the outside world.”
As to the market potential, it’s clearly significant.
“Nobody has done this before. And the applications in e-commerce, computer vision, medical data like x-rays, artificial intelligence and more are enormous, he added.”
We are at an early stage of blockchain technology the same as Internet was in 1995 and we look forward to building our products and ecosystem with the amazing resources we have received already.
For more information on investing in Lampix’s crowdsale day with the PIX (valued individually at $0.12) offered with a 5% bonus go to lampix.co/token.
Click on the ‘Get the ICO contract address’ button to sign up to invest in the CIO.
All unsold PIX will be destroyed and no others will be minted after the sale ends on the August 19th.
Note: This article is an updated version of the LinkedIn article about Lampix published on August 10.