Product to help parents educating their children with fun by a dazzling combination of tangible toys
How to make your child having fun while learning new things?
Children need physical, tangible objects for their mental development, not only virtual games.
OUR SOLUTION
We develop a product to help parents educating their children with fun by a dazzling combination of tangible toys (blocks, box of bricks, figures) with computer vision technologies. A child plays with toys in view of mobile devices’ camera. Our application recognizes toys and their position and immediately produces images and sounds to help the child to cope with the educational problem. This technology has been ported to a working prototype of interactive table.
TARGET MARKET
The size of the world market of physical toys estimated $ 95 billion, of which 17.5% - training and developing games, $ 81 billion - computer and mobile games.
SALES CHANNELS
Direct sales: web-site, toy stores, supermarkets and hypermarkets, schools, kindergartens, development centers; B2B: license toy manufacturers; B2C: purchase applications.
COMPETITIVE ADVANTAGES
Low price - up to 80% lower than competitors.
No additional elements - without which it is impossible to play than its competitors.
Works on all devices - we embrace the audience from the cheapest smartphones running Android to iOS. Multilingual - children need to learn not only their native language but also the languages of other peoples.
CURRENT STATUS
ready-made platform and applications for Android and iOS (2000 downloads);
production of 1500 sets of dice; sale of 900 sets of blocks through the site, shops and exhibitions;
testing with parents, kindergarten, children with disabilities in Ukraine and Italy, got 95% positive reviews..
developed a training manual for training;
sale of licenses toy manufacturers' 10 The Kingdom.
FUNDING NEEDED - $ 200 000:
manufacturing - $ 20 000;
coverage of losses in the first 12 months of operation, including marketing costs - $ 130 000;
revised application - $50 000.
PAYBACK PERIOD – 2 years.
