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VR Software Optimization- $80,000
This includes the development of advanced grammars and the installation of an optimized dictionary so that we can ensure that our voice recognition software will never miss a beat.
Hardware Development- $50,000
Hardware development includes elements like the shape and material of the LTCCS and microcomputer casings, a strong connection between the headset and computer to make sure there is no lag, and fine-tuning the microphone so that it can work in noisy locations such as in a restaurant or on the street.
User Experience Development- $50,000
This is what the user will actually see on their LTCCS display. Currently, the software's output (the captions) is presented similarly to command line results. In the final prototype we want to be able to achieve a smooth, easy to read presentation.
IndieGoGo's Commission- $32,000
This is IndieGoGo's percentage fee for running our campaign.
Testing- $30,000
We want to test the LTCCS to be sure that it is perfect before we start distributing it, meaning that we need to run extensive trials with a number of testers.
Manufacturing Set Up + First Round- $120,000
The set up of manufacturing is essential to being able to actually create and distribute the LTCCS. The first round of production also includes fulfilling all perks from IndieGoGo, in addition to the first batch of LTCCS's,
Reserve/Sustainability- $38,000
This is to serve as our reserve until we complete development and the first round of manufacturing, as well as distribution of said round. After that this money, along with any excess from the other sections, will go towards establishing sustainable relationships with hearing impaired organizations and hospitals to ensure further distribution of the LTCCS.
An Important Point:
Nobody on our team is making any money off of this campaign. 100% of the donations we receive go towards bringing the LTCCS to those who could benefit from it. Our whole team currently consists entirely of volunteers. Any salaries that we do pay will be to essential people such as a VR software, hardware, and UX developers, who we plan to hire for several months to perfect the LTCCS.
If We Do Not Meet Our Goal:
If, unfortunately, we do not meet our goal, then whatever we do raise will go towards making the LTCCS Project a reality. If we raise a sum close to our goal, then chances are that we can still make it happen. However if we really fall short of the goal then one of two things will happen:
- We regroup, do what we can with the money we did raise, and launch a second crowdfunding campaign that will aim to raise the difference between what we raised in the first and our goal.
- We will seek out donors and/or investors on an individual basis. We'll look for generous individuals or organizations who will fund our efforts to make the LTCCS a reality.
Either way, you can be sure that we will do everything we can to get this project across the finish line and help millions of hearing impaired individuals, regardless of how much we raise.
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When head-worn displays first began hitting the market, people had thousands of questions and ideas for what the next step for this amazing technology could be. One that interested our founder in particular was "Can we use this to help the hearing impaired through closed captioning?"
In its early phases, this project was about getting one of those existing displays to perform this function, which could potentially change the lives of millions of people. Unfortunately, no existing device was suitable for this purpose, so we decided to make our own.
The LTCCS is completely dedicated to providing closed captioning, so it is perfectly suited to keep up with a real, live conversations. Over the past two years, our team has spent countless hours creating a functioning prototype.
Now we are asking IndieGoGo to help us make this project a reality, and to get the LTCCS into the hands of millions of users, potentially changing their lives forever.
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The Live-Time Closed Captioning System
1. Exactly how far along is the LTCCS?
We have currently created the display and confirmed that the software works.
2. What do you still have left to do?
What we still have to do is perfect it. Ideally, we want to make a system that works in any situation. Obviously making it work in absolutely any situation is impossible, but what is possible is making it work well enough that you never encounter the situation in which it doesn't.
3. Do you support languages other than English?
Not at the moment, but that is one of our goals for the future. If we raise enough with this campaign we will get on that as soon as we finalize the English version.
4. The prototype in your photo and video looks like the surface is a bit rough- is that how your final version is going to be?
No, the final surface will be smooth and a lot more comfortable, as we are going to have molds made for production, whereas the casing used in the prototype was 3D printed.
5. Does your clip adjust to fit any glasses?
We are currently working with several clips. The one shown in the photos and video was just a solid one made for those particular glasses, but the one on the final prototype will be adjustable for almost any sized rim.
6. You say above that you are powered by Pi and Adafruit, how so?
The microcomputer we are using is the Raspberry Pi. Despite the fact that this probably be 90% changed by the final prototype, the original design for the wearable display was based on one made by the Ruiz Brothers for Adafruit. We would like to thank these companies for licensing their creations in ways that allow us to build upon them to create something great.
7.You never showed us the casing for the microcomputer, why?
Because for the time being we have been using a case that we found online, and is not ours. We have about 5 potential designs for the case, but were also considering taking user submissions (we would work with the submitter to make sure the case fit our modifications). Tell us what you think in the comments tab.
8. What are those ports on the back?
Those are left over from the old design. They will be replaced with a single micro-USB charging port in the final version.
9. This sounds awesome, how else can I help?
We are always looking for more ways to spread the word about this campaign, so that more people can find out and support the cause. The fastest way for you to help is to post the link to this campaign, igg.me/at/LTCCS, on any sort of social media. If you would like to work with us more closely to spread the word, please email General Contact below.
Frants Innovators
1. What is Frants Innovators?
Frants Innovators is the company making the LTCCS. It is based on creating a new method of innovation. This method is predicated on a complete overhaul of the current corporate structures used by even the most modern companies.
2. Where are you located?
We are currently based in a small office in lower Manhattan in New York City.
3. Is this your only project?
Yes, for the time being. Until the LTCCS is completed and on the market, all of our focus will be on achieving that goal. However, once that is achieved, we hope to establish an entire new system of innovation.
4. You guys look pretty young- how old are you?
Our team ranges in age from 15-18, but we assure you we are just as capable as anyone you will find on IndieGoGo.
5. Why should I trust a campaign run by teenagers?
Do you see any adults offering you a Live Time Closed Captioning System that could change the lives of millions?
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If you have any questions not covered by the FAQ, please email info@frantsinnovators.com. This email is regularly checked by members of our team ad is the best way to contact us directly.
