Is Augmented Reality charting a success story for NFTs? While on episode 7, we got into the nuts and bolts of how smart contracts drive the workings of both static and dynamic NFTs; in episode 8, we will add another dimension to this by exploring AR possibilities for digital asset ownership. How does AR combine with NFTs to produce limitless technological advances? Find out on this episode. If you are exploring building solutions in this space, read more https://www.ionixxtech.com/solution/web3-blockchain-solutions. watch web3 episode 8 webinar recorded video link: https://youtu.be/FLGb7zDIXdE

3. We are a technology company with a design-first approach that helps forward-looking Startups and Enterprise Firms
with:
● Web3 solutions
● FinTech solutions
● & HealthTech solutions
We do this through Cloud-enablement, Enterprise agility, UX Design and other cutting-edge web and mobile technologies.
About Us
About the Speaker
shaan.ray@ionixxtech.com www.ionixxtech.com @shaanray https://linkedin.com/in/shaanray https://twitter.com/shaanray
Shaan Ray is a technology researcher and Web 3 specialist who helps organizations
unleash the power of emerging tech in reshaping their business goals.
Under his mentorship, companies embrace transformative solutions to tap new
markets and fresh customer segments.
Shaan specializes in Web3 and emerging tech.

4. Introduction
The strategic use of NFTs in AR worlds will enable a whole
new range of use cases and possibilities. The true potential
of NFTs will be unleashed in the AR worlds of the future. To
fully understand how NFTs will enhance AR environments,
it is first essential to understand NFTs and Augmented
Reality in more detail.

5. What are NFTs?
● NFT stands for Non-Fungible Token. It is a
type of digital token which is unique and
scarce.
● An NFT is essentially a unique proof of
ownership of something, usually a digital
asset
● NFTs are digital versions of physical
collector’s items, and no two NFTs are the
same.

6. Fungibility
● Fungibility is the ability of an asset to be
exchanged for another asset of the exact same
type
○ For example, a $5 bill is fungible with all
other $5 bills. They represent the same value
● But the Oppenheimer Diamond, for instance, is
non-fungible
○ Meaning only one real, unique version exists

7. Digital Scarcity
▪ The internet and digital technologies in general created
an abundance of data and information, like files or
photographs which could be replicated and shared
endlessly.
▪ For example, suppose I took a picture of a celebrity on
Santa Monica Boulevard from my phone. In that case, I
could send that picture to thousands of people within
seconds — creating thousands of versions of that picture
right away

8. Digital Scarcity
▪ Blockchain technology and specifically NFTs, enable
digital scarcity
▪ Some data from an NFT can still be replicated and
shared, but the certificate of authenticity and legal
rights of an asset will exist on a single, tamper-proof NFT
▪ NFTs exist on blockchain networks such as Ethereum
and provide a certificate of authenticity and legal rights
to the digital asset

9. What Is Augmented Reality?
As the name suggests, Augmented Reality is a technology
that digitally augments the Reality around a user when
viewed through sunglasses, phones, or other digital viewing
devices
○ Examples of AR include several filters offered by
social media platforms like Snapchat or Instagram
○ Pokemon Go is another great example of
augmented Reality where digital characters and
objects are placed across cities for users to find and
interact with

10. What Is Augmented Reality?
● Various Augmented Reality Cloud projects are underway,
and users will have a range of different environments to
choose from when it comes to AR experiences, content,
and games
●
● AR worlds are a subsection of the larger Metaverse
○ We believe that the next generation of applications
and consumer tech will be powered by Augmented
Reality
○ AR functionality will change the way we consume
and interact with content.

11. Geo-Positioned Digital
Assets
▪ Augmented Reality will allow for digital assets and
content to be displayed in our physical surroundings.
▪ The ability to create augmented reality content that is
geolocated will enable scarcity and exclusivity by
location.
▪ Furthermore, geolocated augmented reality content
will unlock a new set of possibilities for all stakeholders
involved.

12. Geo-Positioned Digital
Assets
▪ Owning revenue-generating real estate and assets
within different AR clouds, AR games, or AR worlds will
soon be possible.
▪ For example, users will be able to own AR billboards
(only visible through an AR viewing device) in busy
locations within AR worlds or own a series of
geo-positioned AR tourism-related content physically
spread across UNESCO World Heritage sites.

13. How NFTs Will Add Value to
Augmented Reality Worlds
▪ The ownership of digital assets in augmented reality clouds,
games, and worlds can be embedded within NFTs
▪ This would make the assets easy to buy and sell
▪ The relationships users can have with these assets can be
defined using a set of smart contracts
▪ For example, suppose I wanted to advertise my product on
a digital billboard in an AR space. In that case, I could do so
by using one of the asset’s smart contracts to define the
transaction’s price, duration, and other terms and
conditions

14. How NFTs Will Add Value to
Augmented Reality Worlds
▪ Hybrid Ownership of these digital assets would be
possible where different users could own various lines of
revenue generated by the asset or own differing rights
and privileges related to the asset
▪
▪ As Non-Fungible Token Standards evolve, stakeholders
and collaborators will be able to create increasingly
complex agreements between one another

15. How NFTs Will Add Value to
Augmented Reality Worlds
▪ New forms of collaboration will be possible. Assets
embedded in NFTs, and their history secured by the
underlying blockchains will allow different contributors
to a digital AR asset or project to claim different rights
and privileges to the asset.
▪
▪ For example, a popular AR tourism experience
embedded in an NFT could be valuable. Another user
could add an interesting fact or anecdote to the original
content and pay a portion of the additional revenue
they generate to the creator of the original experience
every time a tourist accesses their anecdote.

16. Use Case: Games
Several AR Games already exist. Digital assets within these
games can be bought or sold using NFTs.
Exceptional players within these games have the opportunity
to increase the value of their in-game accessories if they win a
championship or do something notable.
For example, the tournament winner can sell their digital
outfits, skins, or weaponry to other users, who essentially buy
bragging rights.

17. Use Case: Tourism
Travel, tourism, and hospitality companies can create AR-enabled,
geo-positioned tours across major cities and ancient
monuments.
For example, they would record a tour guide in 360 degrees
standing at a particular location speaking about something
historic that happened there.
They would then guide the tourists to move to the next place,
where another pre-recorded AR experience would give the
tourists some more information. An entire tour could be created
this way, and every time a package is bought, it would unlock the
whole experience for a user for a particular duration.
Additionally, experiences in this form can also be time-locked; for
example, if a tour guide talks about sunset from a specific
location, that experience can only be available 30 minutes before
sunset.

18. Use Case: Education & Training
NFTs and AR will enable several education
applications.
The benefit of instruction in AR is that the training
cost per user could be significantly reduced.
Equipment and conditions can be simulated online.
Education platforms like Skillshare and Udemy allow
a lot of user-generated content and classes.
Instructors creating courses and modules in VR
would provide their students with a more immersive
and hands-on experience.
The education content they create could also be
owned and accessed through NFTs.

19. Co-Creation of Content
Mission-based enthusiasts will create/co-create a lot of AR
content and experiences based on their passion.
Enthusiasts and explorers in different niches could
collaborate and create AR content for their communities.
These experiences could be geo-positioned or not. NFTs
would enable secure collaborative creation between users.
Smart contracts could be written to govern the specifics
of how users can access the content.

20. Conclusion
▪ NFTs can instantly transform Augmented Reality
experiences and content into verifiable assets that are
easy to buy, sell and access using the underlying
blockchain
○ They will also make it easier for consumers to
access customized AR experiences while
rewarding the creators of these experiences.
▪ The most significant innovation geo-positioned AR
content enables is that the content is only accessible
when the user is at that location
○ Smart contracts will control how users interact
with and access these assets, and NFTs will allow
for hybrid ownership and collaboration between
stakeholders.

21. How We Can Help
Here are some ways in which we can help you create and
manage your NFT and Smart Contracts based Solutions:
● AR API integration
● NFT Advisory services
○ platform choice
○ translate logic and processes into code
● Create the checks and measures your project requires
● Create the right set of smart contracts for your project
● Integrate on-chain and off-chain oracles to your smart
contracts
● Comprehensive relationship mapping and
documentation of all smart contracts and digital assets
● Audit and test your code
● Provide design side support for your project
● Help you create and launch the tokens for your project
● Launch your project live on a live platform

22. Get in Touch
Email: shaan.ray@ionixxtech.com
Web: www.ionixxtech.com
Telegram: @shaanray
LinkedIn: https://linkedin.com/in/shaanray
Twitter: https://twitter.com/shaanray
Questions?
NFTs & Augmented Reality