Lucyd and the Future of Blockchain Technology

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Lucyd and the Future of Blockchain Technology
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Lucyd is creating smart eyeglasses with augmented reality ( AR ). Lucyd is a portfolio company of Tekcapital PLC (LON: TEK), with approximately $500,000 in seed funding. 

Lucyd aims to seamlessly align what is seen naturally with digitally generated images within Lucyd Lens. Lucyd is the first mover of blockchain-centric smart glasses. The Lucyd blockchain platform utilizes the proprietary LCD token to create and deliver AR-content experiences that are viewable through glasses. Lucyd holds the exclusive license to 13 advanced augmented reality patents for the Lucyd Lens.

The Lucyd team includes Founder and CEO Clifford M. Gross, PhD, co-founders Konrad Dabrowski (finance lead), Eric Cohen (app development lead) and Harrison Gross (media lead).

Lucyd entered into a strategic alliance with nine companies to develop AR and security software apps to power the glasses. Lucyd's token event is running from November 1, 2017, to February 28, 2018, and about $3.5 million has been raised so far. The purpose of this campaign is to both crowdfund prototype development of Lucyd Lens smart glasses as well as to initialize the Lucyd blockchain with the LCD token. A total of 100,000,000 LCD tokens will be created, with 50 percent of those tokens available during the sale. Lucyd's fundraising goal is $10 million.

The company will sell the first 500 pairs of Lucyd Lens smart glasses exclusively to Lucyd token holders. These smart glasses can be purchased for about 5,000 LCD, which, at a token sale price of $0.25 per token, means the glasses will cost $1,250.

The Lucyd Lens is scheduled to release in Q1 of 2019.

Check out this article for more information: http://www.nasdaq.com/article/lucyds-sightline-into-the-future-of-blockchain-technology-cm917684
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