What Is Cappasity (CAPP)?

Cappasity is a simple, accessible platform for creating, storing, and evaluating 3D and augmented reality/virtual content. Cappasity is a platform that addresses the problem of cost-effective development and integration of 3D and VR/AR content.

As per the website, Cappasity aims to bring benefits to its users like:

• Speed: Cappasity claims that its software allows users to produce 3D View material in just three minutes due to the unique 3D format with data streaming. Cappasity is also compatible with all browsers and devices.

• Ease: The platform enables auto-embed 3D Views and 3D models on the website, and users can sync their catalog through a simple SDK (software development kit). Cappasity's analytics tool helps users get to know their customers better. In addition, users can integrate their 3D content into AR applications and bring in-store browsing directly into the customers’ homes.

• Scalability (the capacity of a system to increase or decrease in performance): Users can produce 3D Views ten times faster using any digital camera. Users can also upload thousands of SKUs in 3D every day to their online store automatically. In addition, users can sell their products in 3D and AR with automatic catalog synchronization from Cappasity's platform.

The platform utility token, CAPP, is an ERC-20 token issued on the Ethereum network. The CAPP utility token is used to pay for platform services of Cappasity. The CAPP utility token is used to pay for Platform Services. Cappasity sells CAPP tokens on the platform as a more convenient and alternative payment method for the services. The platform also provides a 20% discount to those who pay for their subscription in CAPP tokens. The price of CAPP tokens is determined by supply and demand for CAPP tokens, and it is subject to market fluctuations. 

History of Cappasity (CAPP)

Kosta Popov is Cappasity's CEO and founder. He has a track record as a software company CEO with over 20 years of expertise. Cappasity has raised $7.4 million under his leadership. Kosta Popov is a specialist in 3D technology, SaaS solutions, and mobile applications and has been designated one of Intel Software's top innovators.

Alex Chegaev is Cappasity's CTO and cofounder. He is well-versed in 3D technology as well as blockchain. He's been a technical lead on various cross-platform software projects with Kosta. Alex Chegaev is in charge of the company's overall technical vision and product development, overseeing the whole P&L for product development, software, and hardware purchases, as well as R&D.