AR glasses always feel a little distant. On September 28, Tekcapital, an international provider of technology and intellectual property services, announced that it will invest $10 million in tokens to develop its prototype AR glasses.
This pair of AR glasses looks no different from ordinary glasses, but it includes a transparent display and eye tracking technology. The wearer can see the digital pop-up window corresponding to the real environment.
Tekcapital’s optical technology company Lucyd will announce preparations on October 17th to raise funds through token sales, which will not offset Tekcapital’s equity gains.
"We are pleased to announce the news of token sales to accelerate the early commercialization of Lucyd's leading AR technology and increase the value of our portfolio company," said Clifford Gross, executive chairman of Tekcapital.
As an intellectual property investment group, Tekcapital aims to invest funds in university development technology to help it commercialize.
The company purchased 13 optical technology specialties from the University of Central Florida, USA, and established the Lucyd team.
Lucyd has since become a professional team to study optics, AR and encryption, and is now developing AR glasses prototypes.
According to Digi-Capital, the AR market is expected to reach $83 billion by 2021.
Lucyd wanted to launch AR glasses as early as possible before going to big companies like Google and Facebook to occupy a place in emerging markets.
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