Economy 2.0 within AR worlds

Photo credit

At the end of the day, we all want an escape from the usual. Some get their fix through Art or music, some might exercise to chase the stress away, but some of us require a deeper level of escapism. With the worldwide phenomenon of Pokemon Go, we got just a taste of what’s possible with this disruptive technology. Merging worlds, creating a virtual new experience on top of the existing reality will surely open a whole new pot of unexplored possibilities.

Arcona: the birth of a digital land!

With the help of state of the art blockchain technology and over five years of experience in the AR industry, Arcona wants to create an AR digital land where users can buy or rent out plots of digital land to earn Arcona tokens. The ecosystem will be available on all AR ready hardware systems providing a seamlessly fair experience for all users.

The use cases of such an innovative idea can go far beyond the gaming area. Business and organizations alike can leverage such an opportunity to create new and engaging campaigns for their products. Engaging in such a unique and trendy environment will undoubtedly be fruitful for the authors as with any new technology, the pioneers always get the most of it.

Arcona’s (www.arcona.io) use of the blockchain will act as a distributed ledger to identify the owners of content, forms and land plots as well as a means to register transfers of said assets. With the help of the ERC20 token model, Arcona will be able to assure additional protection of the content created on top of the Arcona AR digital land by leveraging the smart contracts feature.

Quick Roadmap

2018 Q1: The launch of a central marketplace and the launch of the Arcona SDK
2018 Q2: The launch of an AR Viewer prototype and applications with bonuses for early birds
2018 Q3: Deployment of the proof of work prototype for a technologically advanced AR Grid
2018 Q4: The launch of the AR Viewer.
2019: Introduction of the AR Grid positioning system in 10 of the world’s largest cities. Developing a total of 1,500 km2 of Digital Land up for grabs.
2020: The creation of a Worldwide Augmented Reality Grid by increasing the size with 40.000 km2

The worldwide adoption of the cryptocurrencies will play a vital role in the development of such a platform.However as you can see they have a roadmap planned out with ambitious projects that span up until 2020, this specific year is looked upon by many, as the year where cryptocurrencies and blockchain technology will stabilize and become an integral part of our everyday livelihood.

Owning or renting a land plot of Digital Land might be a crazy thing to think about, right now, but for creative users and forward-thinking business, it is just a fresh and exciting medium where they can express ideas. You could shape a tiny world on the lawn outside your house or develop a commercially viable project, thousands of miles away on an entirely new continent.