smart+box21212a35cb059358936fe0875f44592d33e23900
DESCRIPTION
TRANSCRIPT
SmARt boxAugmenting Education
ProblemPassive learning is traditional classroom teaching where the students merely take notes. Which is proven to be less engaging, thus leading to less retention of the information.
Solution
The SmARt Box is an educational tool that uses cutting edge Augmented Reality technology to enhance the way kid's learn.
Unlike conventional passive forms of learning (text books, videos, etc.), the Smart Box actively engages children by immersing them in a fun and interactive experience where the subject matter comes to life.
ConceptAll you have to do is power the unit on
ConceptChoose one of your favorite smart box story books
ConceptAnd Voila! The story jumps off the page and comes to
life before your eyes on the TV screen!
ConceptYou can even become part of the story and use your
smarts to change the out come!
ConceptThe smart box is a perfect way for families to have fun
together while learning
Business Model
Physical Distribution (stores)Consumers can walk into a store and purchase a bundle that includes all of the hardware to run the SmARt Box and connect it to their home TV. This bundle is for buyers who are looking for a convenient plug and play product. For additional content, consumers can also buy extra SmARt Box lessons that include a physically printed book and a CD to use with the system.
Digital Distribution (online)With this approach the consumer can download the SmARt Box application and run it on their existing PC with an installed webcam. For additional content, customers can pay to download new lessons that come with an executable and a document for the book that they can print. This approach can also be easily extended into a subscription based service.
Advertising
This product has an obvious cross promotion with advertising/licensed products. Where the story can include sponsorships, ads, or be based on 3rd party entertainment.
Underlying Magic
Competition
As many successful companies focus on the growing electronic education market; Few have incorporated the growing augmented reality trend into this field.
Management Team
Financial Projections & Key Metrics
Current Status, Accomplishments to Date, Timeline, and Use of Funds