This is pretty rad, and reminds me a little of the holo-chess from Star Wars on the Millennium Falcon. Developer Abhishek Singhused used ARKit to make a real world Street Fighter played on an iOS. Using audio from the game and the 3D characters from Street Fighter IV, the fighting is floaty and slow, but if you think you can do better, go for it. Plus it's only a prototype, so chill out.
Calling the real world fighter "Street Fighter II: World Warriors", Singhused even added the bonus stage where you have to trash a car and the viewpoint changes in real time as he moves around. This is the same guy that did the super creepy Ring video a while back, and I can't wait to see what else this guy comes up with.
Take a look at the video below, because the future is here, my friends. And if it isn't, it is definitely on the way.