Lucyd: We are building next-gen smartglasses
Join the augmented reality revolution with Lucyd
Ph.D., MBA CEO, Commercialization Lead
Cliff is an executive with leadership experience in academia and commercial enterprises. He is passionate about bringing university intellectual property to the public. He is an author of four books and is a named inventor on 19 issued patents. Cliff has founded three listed companies, in which he served as CEO and Chairman. Currently he is CEO of Tekcapital plc. Previously, he served as CEO of Innovacorp, a provincial venture capital fund in Nova Scotia, was a Director of the graduate program in biomechanics and ergonomics at New York University, Chairman of the Nelson Rockefeller Department of Biomechanics at the New York Institute of Technology, and research professor at the University of South Florida.
CEO and Founder, Tekcapital
CEO and Founder, UTEK
CEO and Founder, Biomechanics Corporation of America
CPA Cofounder, Finance Lead
Mr. Dabrowski is a certified public accountant (CPA) and an expert in financial regulation in both the US and internationally. During his tenure with Deloitte, the top public accounting firm in the world, he managed audits of a variety of technology companies. Konrad was also aGlobal Accounting Manager with RBI (parent companyof Burger King Worldwide) overseeing Europe, the Middle East and Africa. He has extensive experience in financial reporting in US GAAP, IFRS, as well as internal control environment and SEC reporting standards. Konrad’s previous exposure to zero-based budgeting, forecasting, and budget-to-actual reconciliation underlies his significant project management skills.
Group Financial Controller, Tekcapital
Accounting Manager, Restaurant Brands Intl. (NYSE: QSR)
Audit Manager, Deloitte Touche Tohmatsu Limited.
Cofounder, App Development Lead
The trilingual Mr. Cohen is very experienced in SEO, SEM, OSX & iOS app development. His skills in web architecture and programming are fundamental to the Lucyd Lab AR ecosystem, as well as Lucyd’s user interface. He has developed numerous apps, including the Tekcapital IP search app, PostGame and Myjour, and has extensive experience building attractive and functional web content.
Founder, Emaze Design Agency
Business Intelligence Analyst, Brightstar Corp.
BI Specialist, Jewish General Hospital
Programmer & Developer, Mediatec
Mr. Gross is the creative director of Lucyd. He oversees the words and web presence needed for the company to communicate smoothly and precisely with its milieu.He is the lead architect ofthe Lucyd user experience, making itintuitive and accessible forthe widest possible audience.He writes TekBlog aboutthe emerging technology space, and is a seasoned copywriter and editor. He was also lead developer on the Tekcapital IP search app.
Digital Media Manager, Tekcapital
Freelance Editor, 10 years
Founder, Sphirah Publishing Co.
Account Manager, Verizon Wireless
Ph.D., MBA Optics Project Lead
Dr. Kayat is a physicist and business development executive with 20 years of experience in the development and marketing of advanced optics. He has extensive hands-on experience with successfully deploying disruptive optics technologies. At Exta Corporation, a NASDAQ-listed physics simulation company he was VP of Sales and Marketing during the start-up and emerging growth phases. As sales director at SMAL Camera Technologies, Mike achieved long-term supplier contracts. Cypress Semiconductor(NASDAQ: CY) subsequently acquired SMAL. At photonics companies Ocean Optics andB&W TEK, Mike led global teams in deploying innovative optics products.
VP Sales and Marketing, Tekcapital
VP Sales and Marketing, Exta Corporation
VP Sales and Marketing, Ocean Optics
VP Sales and Marketing, B&W Tek (Photonics)
Science Advisor, Optics Expert
Professor Rolland is one of the foremost optics innovators in the world. Director of the NSF Center for Freeform Optics & the R.E.HopkinsCenter at U. of Rochester. ProfessorRolland headed theVision ResearchGroup for Medical Displays (1992- 1996). In 1996, she joined theCollege of Optics and Photonics attheUniversity ofCentral Florida where she builtthe Optical Diagnostics and Applications Laboratory. In 2009, she joined the Institute of Optics at the University of Rochester as professor of optics and biomedical engineering and associate director of the R.E. Hopkins Center for Optical Design and Engineering. Professor Rolland served on the editorial board of the Journal Presence (MIT Press) (1996-2006), and as associate editor of Optical Engineering (1999-2004). She is a fellow of the Optical Society of America and SPIE, a senior member of IEEE, and a member of SID.
Brian J. Thompson Professor of Optical Engineering,University of Rochester
Professor of Optics, University of Central Florida
Professor in the Center for Visual Science
Director, R.E. Hopkins Center for Optical Design & Engineering
Director,NSF/IUCRC: Center for Freeform Optics
Science Advisor, Optics Expert
Dr. Kostoulas is an Associate Professor at the Division of General Engineering at Vanderbilt University School of Engineering. His research has been in the area of ultrafast spectroscopy of semiconductors, superconductors and polymers. Recently he did research in the area of Si photonics. He also held senior positions in the semiconductor industry and led
product marketing/management efforts in the following companies: ADE Corporation (now part of KLA-Tencor), Accent Optical Technologies (now part of Nanometrix), and Brooks Automation. He has over ten years of experience with product marketing and management on a global scale and with products in all stages of theirlifecycle, from inception and realization to end-of-life. In addition, he is an experienced university technology commercialization professional specializing in software, materials and optical early stage technologies. Yiorgos received his Ph.D. in Physics from the University of Rochester and his MBA from Boston College.
Associate Professor, Division of General Engineering, Vanderbilt University School of Engineering
Accent Optical Technologies
Science Advisor, Optics Expert
Dr. MikhailGutin is Founder and President ofApplied Science Innovations, Inc. The company conducts applied research and development in optics and imaging. Dr. Gutin has over 20 years of experience in many areas of optics, with an extensive record of patents and publications, and the R&D 100 Award by R&D Magazine. Dr. Gutin conducted and managed as
Principal Investigator and Project Manager multiple R&D programs and projects in optics, imaging systems, lens design, lasers, optical microsystems, spectroscopy, and interferometry. He served as Industry Mentor in the NSF I-Corps program.
Prior to founding Applied Science Innovations, Dr. Gutin served as Vice President, New Product and Technology
Development with LightPath Technologies Inc. Mikhail holds Ph.D. in Physics and Mathematics from the RussianAcademy of Sciences and M.S. in Optics and Optoelectronic Systems Engineering from Tomsk University.
Founder and President of Applied Science Innovations, Inc.
Industry Mentor, NSF I-Corps program
Founder Applied Science Innovations
Vice President, LightPath Technologies Inc.
Science Advisor, Optics Expert – Design, Fabrication &Go-To-Market Strategy
Leo’s expertise is in the design and development of advanced consumer optics products and development of the go-tomarket strategy. He has particular expertise in lens design, cameras, image processing, materials and fabrication. Leo currently works at Amazon Computer Vision Group, and previously served as president of Functional Photonics, principal engineer atAmazonGo and fellow atGoPro. Leo has spent over 30 years in optics includingAR/VR. Heis the named inventor on 73 patents. Leo moderated the first panel on AR/VR at the 2017 Photonics West and he is co-moderating the second AR/VR panel in 2018. Leo is a frequent Keynote speaker at AIA and SPIE events including 2 events in 2017 and 3 events in 2016. Leo has presented SPIE PRISM Awards (twice), judged PRISM Award nominees (twice), and refereed OSA papers. He is published in IEEE, SPIE, ESF, ISATA, and Photonics Spectra. Leo has a master’s degree from the University of Rochester, Institute for Optics and a B.Sc., in applied physics (Honours) from the University of Waterloo.
Amazon Computer Vision Group
President, Functional Photonics
Principal Engineer, Amazon Go
Science Advisor, Optics Expert
Donna Waters is an optical designer with 20 years of experience in the research and development of optical instruments and devices. As an expert with Proof of Concept Optical Engineering, LLC, she has designed optics for a wide variety of AR and VR prototypes, including diffractive lenses and illumination systems for holographic waveguides. She has also designed picoprojector light engines at Micron Technologies. Donna holds an MS Physics from UC Santa Cruz and an MS Optics from the University of Central Florida.
Proof of Concept Optical Engineering, LLC
BLOCKCHAIN INVESTOR & ADVISOR—AFRICA
- Crowdsale (50%)
- Development partners (10%)
- LUCYD (30%)
- Founding team (10%)
- Lucyd Lens Prototype (45%)
- Business Development (40%)
- Administration (10%)
- Legal (5%)
Cost of the token1 token for 0.25 $
Price without discounts
Rate the project
Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users4
Very interesting and promising project which uses additional reality in special glasses that erasing the line between the Internet and the user, giving users a number of benefits and innovations. The team already has its own development and patents were received for 12 applications in this area.
Risks and disadvantages
I can't see cons in this project, only one thing - they need stronger advertising campaign than they stating in the description of the project. If the team will clearly follow the roadmap and be able to advertise their product well, they definitely will face success.
No doubt that the project has a good future and these solutions and developments will be demanded by consumers. You can invest in both short and long-term in such a project. Any investment will bring profits even in the short term.
The whitepaper of the project contains a lot of information about the project development strategy, goals and ICO, it will be important for investors. Also there is a lot of video content that allows you to quickly get acquainted with the project. The founder of the company has a lot of experience in entrepreneurship, as well as in the team there are specialists in the physics and the blockchain technology. The project has many authoritative partners and articles in the press, it will help attract more investors.
Risks and disadvantages
I think the team needs to increase the percantage of tokens for the crowdsale to get more investment for the development project. Traffic statistics show a decrease in interest in the project, so the team needs more project advertising, for example, in social networks.
Smart-glasses of Augmented Reality with Artificial Intelligence is a rather complex project that requires a huge work of a large team. Already many large companies for several years, such as Google are engaged in similar development, but it does not work out the perfect product. Therefore, In my opinion, it will be difficult to implement this idea.
Th project has enticing graphical and video content which attract investors to know about the idea before they actually read the documented project, this enables the project to stand out. The project has high crowd sales which enable it to attain the target mark of a hard cap. The project has a manageable number of employees which enables the effective and timely remuneration of the employees. The project accepts more than one cryptocurrency which creates distributed value for the token and also allow investors with alternate cryptocurencies to invest. The project has a sizable budget portion for the development of the product which will enable the retention of the investors. The project has a reliable and phenomenal press team which guarantees a legit public image and will also be responsible for attracting investors. The team has a dynamic group of advisers with experience in the projects majors which will lead to prosperity of the project. The team also has a well elaborate road map and a short time of implementation, this shows the relevance and proficiency of the team. The project carry's out token hold function making it profitable venture.
Risks and disadvantages
The project has extremely low traffic statistics, this shows the weakness of the PR team and will affect the growth of the project, the desired hard cap or even soft cap might not be reached.The tokens held by the team are locked for a short time which might be perceived by the investors in a different perspective where the team members might sell of their tokens and abandon business, more so the team holds a small number of tokens.
In my view the business model is unique and worth investors investment its evident that the probability of loss is submerged by the probability of success, reason a to why its worth the risk. with the investors investment and the founder teams commitment the project will be a successful venture.
Lucyd has 13 exclusively licensed synergetic patents that enable the production of lightweight Lucyd Lens smart glasses. Thanks to the new and powerful IP (intellectual property), Lucyd Lens is well placed to become the standard among wearable devices.
Risks and disadvantages
Team has not working platform yet, which is a significant drawback. There are many other projects which touch AR and VR fields ( SingularityNet for example ).
Since there are no vivid actions, I would not recommend people to invest in this project.
What is the LCDtoken?
The LCD token is a digital token based on the Ethereum blockchain technology. Users possessing LCD tokens can exchange them forphysical goods and services described in this document, and they are planned to have key functionality in the AR ecosystem we are developing.
What do LCD tokens represent?
LCD is an Ethereum-based token, used in the Lucyd Lab blockchain as described in this document. They are not refundable, nor are they securities or meantfor speculation. There is no promise of future performance. There is no suggestion or promise that LCD have or will hold a particular value. LCD tokens give no rights and do not represent participation in the company. LCD tokens are sold as a functional good. Any value received by Lucyd may be spent without conditions. The LCD Token Generation Event is meant only for experts in cryptographic tokens and blockchain-based software systems. There is no guarantee that LCD tokens or Lucyd’s business activities will be successful and have any long-term value whatsoever.
What amount is being raised? Will there be a follow-on offering?
Our goal is $10 million USD, with a soft cap of $1.5 million USD, and a total of 100 million LCD tokens will be created. We do not plan to have a follow-on offering, but will secure additional funding through alternative means if necessary.
What cryptocurrencies are accepted during the token generation event?
Every major cryptocurrency, as well as cash, is accepted via the LCD wallet.
Will the Lucyd team have access to LCD?
10% of LCD is earmarked for the original team, but will be locked for 12 months following the end of the Token Generation Event.
When willthe TGE take place?
The LCD TGE will run from October 31, 2017-February 28th, 2018.
What is the price of LCD?
LCD will be sold at a fixed ratio to USD ($.25). The price of LCD at the time of the pre-sale and sale will determine the initial exchange rate, and will be set immediately before deploying the smart contract.
How will Lucyd use the proceeds raised?
The funds received in the TGE will be used by Lucyd to develop initial, pre-production and production prototype AR smartglasses, and development of the Lucyd Lab AR blockchain, as well as further product improvement.
Which white paper is considered the “final version”?
The latest version ofthisWhitepaper when the crowdsale starts, posted on lucyd.co, will be considered the final version. All prior versions and translations into other
languages are for informational purposes only. TGE participants should be familiar with this Lucyd Whitepaper (4.9) before purchasing LCD.
Will Lucyd adhere to the plan described in the whitepaper following the TGE?
Lucyd intends to follow through as described in this document. However, changes to the process can happen due to multiple factors and unforeseen circumstances, such as regulatory environment, technology and business climate changes, and Lucyd retains the right to deviate from the original plan in orderto succeed.
How are you building complete AR smartglasses with just a $10m funding goal?
The purpose of the Lucyd token generation event is to raise just what is needed to create a pre-production hardware prototype, as well as the firmware needed for compatibility with iOS and Android platforms. To secure additional funding needed to create a production product, Lucyd intends to engage strategic partners.
How are you fitting all of this in a normal-looking pair of glasses?
Lucyd Lens does little to no processing on its own right—it is built as an interactive display that runs on your smartphone’s computing power. This keeps the Lens lightweight, comfortable and unnoticeable.
Who will use Lucyd Lens?
Although anybody could benefit from our AR device, research shows that commercial applications will be the largest sector of growth for smartglasses. Any company that could benefit from its employees having real-time, handsfree web access is a potential customer for Lucyd, as well as individuals that want the same capabilities.
What is Lucyd’s competitive advantage?
Our patent portfolio covers several core technology areas in the Lucyd Lens product, which will be more advanced than currently available AR displays:
1. Incorporates a novel optical see-through HMD using a
light-guide based on phase conjugate mirror
2. Enables development of next-generation of
smartglasses that will overcome issues such as stray
lightleakage and optical aberrations that are prevalent
in current products.
3. Utilizes a unique free-form optics design methodology
to optimize key optical parameters necessary for
different application requirements and matching the
light guide/micro-display interface.
4. Enables lightweight, stylish eyewear that looks and
feels like regular eyeglasses, compared to most of the
bulky products currently available.
5. Integrates eye tracking for gaze detection, together
with enabling effective real/virtual object occlusion
vital forrealistic and spatially accurateAR applications.
Furthermore, the unique freeform optical system behind
Lucyd Lens has the following key advantages:
1. Enables optimization of EFV, pupil size, resolution and
depth of field.
2. Enables non-rotationally symmetric, off axis designs
required for various applications.
3. Enables minimization of field distortion (blur/warping
from astigmatism & coma).
4. Enables minimization of the number of discrete optical
elements required in a system design.