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XSight

Ukraine, Kyiv city
Market: Entertainment, Crypto currency, Artificial Intelligence, Virtual and Augmented Reality, Mobile applications
Stage of the project: Operating business

Date of last change: 09.04.2024
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Idea

XSight is a multiplayer AR adventures platform that enables businesses to create their own PokemonGo-style mini games using LLM enabled AI creator tool.

Current Status

500 MAU, 100 DAU, 15% of users come via invites.

We got 3 paying customers in recent months. $20K total, it's a paid pilot program for 6 months of a custom adventure. After 6 months it converts into a $40K annual subscription each. We are looking to close 2 more customers every month.

We won 2 pitch competitions in Ukraine and one in Australia (total prize value ~ $20k ).

We raised $250K in SAFE documents with Youbi Capital (US/Singapore VC) and James Hodson (US angel).

List of our clients, who want custom adventures with us: Wall Street Journal,

Problem or Opportunity

There is no easy way businesses can create virtual engagements for their audience.
No easy creation - expensive via agency, or need to know how to code.
No easy way to integrate with the business.
No open process - many platforms have lock-in contracts with certain brands.

More long term problem that we are targeting is that it's impossible to interact with the world through camera. Every object has digital information about it online, but there is no way to find it or interact with it by just pointing your finger - What is this? Who is that?

Solution (product or service)

XSight is a multiplayer AR adventures platform that enables businesses to engage with their audience using PokemonGo style mini games at the city scale.

(It's like ReadyPlayerOne in real life for end users.)

Businesses can create their own mini games using XSight AI adventure creator tool.

Business model

It's a freemium and transaction business model.
XSight has free and paid adventures.
Adventures can be bought using tokens or items.
Users can earn (by enabling GoPublic), collect or buy tokens.
Creators distribute and sell new adventures.
Adventures and items can be NFTs.
Users exchange tokens, items and NFTs.
XSight earns a fee on each transaction.
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