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In this week's community update, we shared important updates on new retail pilots, expanding robotics ventures, impactful AR installations, and upcoming strategic initiatives.
We've secured two new pilots representing 2,000 additional retail locations across Asia and Northern Europe. These pilots, set at higher price points, could significantly boost our revenue, potentially bringing Auki past the $10 million annual recurring revenue (ARR) milestone by year's end.
We're making strong headway into retail-focused robotics, differentiating ourselves from traditional robotics companies primarily targeting manufacturing. We're exploring serious opportunities to become a leading robotics reseller, potentially scaling into tens of thousands of units within two years. Discussions are progressing positively, including conversations with some of the world's largest retailers.
Our continued partnership with Zappar advances next week, focusing on appless AR experiences integrated with our posemesh protocol. Zappar's CTO will visit our Hong Kong office to further connect their powerful Mattercraft content creation tool directly into posemesh domains, significantly enhancing AR capabilities for developers and creators.
McKenna, our AR installation tool, achieved a significant milestone through a paid deployment at the Tai O Heritage Hotel in Hong Kong. This installation generated $10,000 in revenue, demonstrating the commercial viability of easily deployable AR experiences. McKenna will also become open-source soon, encouraging broader adoption and innovation within the community.
We're visiting a promising new humanoid robotics company in China, aiming to integrate their advanced robots with the posemesh. Additionally, we're preparing renovations for our Level 10 office, soon hosting partner companies to foster closer collaboration.
Our work on tokenomics continues with the help of crypto investor Escape Velocity (EV3). The aim is to finalize token-burning models and pricing strategies by this summer, crucial for network sustainability.
Additionally, our partnership with NuNet simplifies Relay node setups significantly, with announcements expected shortly.
An exciting new industry alliance, Intercognitive, is underway, focused on making the physical world AI-accessible. Formal announcements and details about founding members and initiatives are expected soon.
Auki is making the physical world accessible to AI by building the real world web: away for robots and digital devices like smart glasses and phones to browse, navigate, and search physical locations.
70% of the world economy is still tied to physical locations and labor, so making the physical world accessible to AI represents a 3X increase in the TAM of AI in general. Auki's goal is to become the decentralized nervous system of AI in the physical world, providing collaborative spatial reasoning for the next 100bn devices on Earth and beyond.
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