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Arcona X-Reality Metaverse Wins Innovation Competition in China's "Silicon Valley"

Updated: Oct 2, 2020

The Arcona Augmented Reality World developer Piligrim XXI became one of the three winners of the prestigious Russian-Chinese competition of entrepreneurs, which was held in Nanjing as part of the High Technology Week 2020.

The jury recognized the Arcona X-Reality Metaverse as the brightest and most promising augmented reality project, which has no analogues in the world. In terms of development potential, experts put Arcona on a par with such IT giants as Google, Intel, Microsoft.

This year, hundreds of startups from both countries participated in the competition. They presented their solutions in the areas of artificial intelligence, robotics, biomedicine, IoT and renewable energy. However, only 7 projects reached the finals, whose technological innovations were most interesting for implementation in the markets of China and Russia, as well as for the development of international scientific cooperation.

The final was held online during the offline conference, and, according to the organizers, the number of viewers exceeded a million people. Among them are well-known scientists, successful entrepreneurs, investors, heads of state agencies and research institutes.

“The distance presentations and communication with the experts were very well organized,” says Daniil Girda, co-founder of Piligrim XXI. - This is a very convenient format, especially in a situation of ongoing pandnmia. The only thing that upsets is that so far we have only seen our winners' cup on a computer screen.

But ahead of the project team is waiting for a road show in the largest scientific centers of China, starting with Nanjing - the "Silicon Valley" of the China Mainland. Also, in addition to the cash prize for winning the competition, we have become part of the Talents program as recommended candidates for grants from the Chinese government.

We are already receiving a lot of feedback from investors and potential technology partners, and I am sure that participation in this event will become a new starting point for the Arcona Metaverse to enter the huge Chinese market.

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