Extended reality (XR) combines augmented reality and virtual reality―meaning that nearly all forms of technologically-supplemented reality fall under the XR umbrella.
Augmented reality (AR) is a technology that lets people superimpose digital content (images, sounds, text) over real-life scenes. Although this technology has been around for a long time, it still has some entry barrier. Currently, only high-end device supports AR-based applications. This barrier limits the AR users due to the cost of supported devices.
Virtual reality (VR) creates a completely virtual environment that allows users to immerse themselves in an alternate universe. VR can be experienced using a VR headset such as Oculus, HTC Vive and many others. The cheapest VR gear has been the google cardboard VR box.
The Non-fungible token industry is flooded with various nfts with less functions. excluding the metadata, nfts can be regarded as another smart contract token that takes less than 5 minutes to deploy on the blockchain. Metadata provide rich content to a token but the utility is still very small.
With the current ongoing NFT trend, the blockchain space has seen lots of project integrating nfts into their ecosystem even though they have little or no utility for the token. They just issue them and abandoned them due to lack of utilities.
One area in which non-fungible token has been playing a major is the art industry. Various art project has been successful in integrating nft into art work with some nft-based artwork selling for millions of dollars.
Although this sector has been lucrative, Citizen Finance still thinks more can be done to make nft-based artwork purchased can be less than a blockchain token and more like an interactive artwork.
Powa X is an extended reality based application that introduces immersive experience to nft-based artwork. Art collectors will be able to create immersive experience such as; taking pictures, making videos, art exhibition, immersive sales and others with their art work. NFT could be a 3D (animated or non animated) model or an images file.
On the path to continue making our applications accessible, Powa X will not only support android and iOS devices but also be available on web browser. Users with non-supported device will take advantage of the web based version of Powa X
Encourage immersive experience of NFT-based art work
Enable artist to carry out art exhibition using NFTs
Interactive art sales
Immersive based advertisement
and many more
Powa X will support items that are created as part of a Registry on CifiPowa. Items created on CifiPowa (POWA) default registry will not be supported on Powa X. Support CifiPowa default Registry and other Non-fungible token based on BSC will be through application and partnership only as each nft-based art needs to meet our requirements.
The app will continue to grow into a cross-chain platform to support nfts from other public blockchain such as Ethereum, Polkadot, Tron and other nft supported blockchain.