Success stories

Michael Kokkinos is thefinalist at the Entrepreneurs 2016 Awards. He founded Moptil a company which has developed Augmented Reality (AR) and Virtual Reality (VR) mobile apps with a 3D Reconstruction for 7 archaeological sites in Greece. Moptil has a fleet of mini iPads on-site locally renting them to the tourists or students via tour operators which gives the opportunity to visitors to visualize the heritage buildings as they were thousands of years ago. When Michalis decided to take part in Erasmus for Young Entrepreneurs he still had many questions and challenges that he was facing to turn his idea into a commercial enterprise. For this reason he went on an exchange in Spain where he was hosted host entrepreneur Javier Sanchez and his Virtual and Augmented Reality development company VISUARTECH.

The exchange gave Michael many answers and new opportunities as the company has a strong track-record in the field of 3D, Virtual and Augmented Reality projects. For example, the structure of Michael’s 3D Reconstructed archaeological sites required a huge amount of memory but the tablets that were meant to be used could not support such memory. Javier helped Michael to solve the technical problems, linked to heavy graphics of the application and to make the app content much lighter. Michael was able to optimize his app and create new features to be included in Moptil, such as motion capture techniques for human motions.

Thanks to Javier, Micheal also discovered other specific forms of 3D models used for VR cinemas and Planetariums. The exchange gave him the possibility to understand a new market and, when he returned to Greece, he managed to get a deal with a famous VR cinema in Athens. Michael also managed to test many different VR goggles with the 3D Reconstruction models and this gave him a free benchmarking for this technology. The result of this was the implemention of a cost-effective, reliable service- according to Michael, he estimated that his company saved more than 100.000 Euros and pushed its sales in new markets for 2018, which they have budgeted at around 40.000 Euros more than we initially expected.