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Friday, April 20, 2018
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First Up

Madison: It’s a beautiful day in the Big A and there’s plenty going on in the city this weekend.

Whether you’re one of the 75,000 groupies headed to SweetWater 420 Fest or you’re an Atlanta rapper who just got busted for trying to smuggle $840,000 worth of marijuana on a private plane, 4/20 is officially upon us.

It’s the first 4/20 we’ve had since the decriminalization of marijuana in Atlanta, so don’t be surprised if you see some interesting things today.

But before you cut out of work early, we gotta drop a Beat…

The Big One

A breakdown on the day’s biggest Inno story.

Here’s What I Learned at SCAD ForwardFest

If you haven’t been to SCAD ForwardFest yet, I suggest zipping down to Midtown before it ends tomorrow.

I attended a panel with Magic Leap Interaction Labs yesterday on “Bringing Pixels to the Real World” and a segment with the creator behind Project Ghost StudiosGaspar Ferreiro.

Magic Leap interaction directors Aleissia Laidacker and Brian Schwab broke down what spatial computing is, where it’s headed and what kind of challenges and opportunities it poses for programmers, designers and artists alike.

Schwab touched on how the relationship between the digital and physical is changing drastically. While it’s fun to see an actor like George Clooney on the silver screen, spacial computing poses the potential to bring characters, actors and others into our homes.

“Now, we’re talking about how George Clooney can follow me into the bathroom,” he said.

From head pose to breathing to heartbeat, developers at Magic Leap are collecting more data than they ever imagined to use in the design process. Details ranging from flickering lights to pets running though the house are being considered when developing character reactions and game sequences.

But all these nuances are helping developers at Magic Leap create the best programming so creatives don’t have to. Magic Leap plans to push out its research, best practices and tools for spacial computing to designers and programmers soon, Schwab and Laidacker said, to produce more organic content.

One of my biggest takeaways from the segment with Magic Leap was how excited they were to get in front of creatives and designers, rather than head to a tech conference to show off the capability of their hardware.

“We want to be working with the indie game developers, the hackers, the Burning Man people…We want to be working with a lot of those creatives and the amazing ideas of what they can do on the art side,” Laidacker said.

Just a few days ago, HTC Vive unveiled software to game developers allowing them to create AR games and experiences with the HTC Vive Pro VR headset. Ferreiro developed a demo of his game, Project GHOST, using the software and managed to debut the capabilities at ForwardFest.

Here’s a short video I took of the demonstration where the player is stepping through a portal, crossing over from AR to VR.

I’m working on a sweet profile with Ferreiro I’m hoping to have for you guys soon.

ForwardFest is still going on tonight and tomorrow. Here’s link to the schedule for all you VR, AR and game lovers out there.

Making Moves

Inside the people, companies and organizations making moves today.

Trive Capital Exits Lucky Bucks

Trive Capital, a private equity firm based out of Dallas, exited its investment in Lucky Bucks, an Atlanta-based operator of digital skill-based coin operated amusement machines. Lucky Bucks, which received an investment from Trive in 2016, closed a new credit facility in order to refinance its structured capital investment with the private equity firm. According to a release, Lucky Bucks will also use the credit facility to finance future acquisitions.

Gather Round for More Expansion News

Gather Technologies, an event management software firm based in Atlanta, has announced plans to expand and relocate their offices, in addition to hiring at least 100 more people. The company has set its sights on a 31K square-foot office in Midtown’s 715 Peachtree office. The firm helps restaurants and event spaces mange programs.

In The Know

The ATL tech stories you need to read today.

Elsewhere in Inno

Stories from around the Inno network we think you’ll dig.

New Money

A roundup of today’s deals.

BitMinutes Inc., an Atlanta-based FinTech firm that turns unused cell phone minutes into cryptocurrency, will stage its Initial Coin Offering on April 30. Steven J. Kraus, the director of the UNAIDS Regional Support Team for Asia and the Pacific has recently joined the BitMinutes Advisory Board as well.

The Quad

A quick spotlight on campus innovation.

TiE Atlanta Kicks Off High School, University Pitch Competition

Sixteen TiE Young Entrepreneurs (TYE) and TYE University (TYE-U) teams will compete for a cash prize at the TYE Finals at the Farmat the Battery in SunTrust Park tomorrow.

TYE, the signature youth entrepreneurship program of TiE Atlanta, works with high school and university students across Georgia, bringing together teams who are mentored and coached by business leaders to build their business.
Yours truly will be serving as a judge at the event tomorrow. Hope to see you there!

In The Community

The events and happenings to know about tonight and this week.

Coming Up

Also, we recently updated our twice-a-month Inno Approved post for a more complete dive into the events and meetups you need to have on your calendar.

Random, Rants & Ramblings

The fun stuff.

So You Think You Can Beat the Freeze

For anyone who’s wanted to race Atlanta’s fastest man, The Freeze, at SunTrust Park, I’ve got bad news: your chances aren’t that great. It’s not you, it’s physics. Just pray he gives you a major head-start.

Featured Jobs

Featured startup and tech jobs on Atlanta Inno’s new Careers Directory.

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Meet The Authors

Madison Hogan
Atlanta Inno Staff Writer |

Will Flanagan
American Inno |

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