Crypto Company Investment Opportunity in Singapore
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Crypto |
Locations | Coimbatore + 1 more |
Local Time | 2:11 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We are a company registered in Singapore with a head office in Singapore and a branch office in India. We have directors working in both these offices.
- Initially we were acting as direct brokers between cryptocurrency buyers and cryptocurrency sellers. We had over 1,000 direct clients who would give us orders to buy certain cryptocurrencies and we would buy them on various markets for a commission.
- As cryptocurrency brokers we were generating around INR 10 lakh monthly.
- Recently we created a platform that is still in the pre-revenue phase which will act as a cryptocurrency exchange.
- Platform can be used through a mobile app. We have already released an app on Google Play and are in the process of launching one on iOS.
- The first 6 months would be gestation period to develop and market the product in different countries.
- We expect to generate minor profits from the 7th month and after a year we expect to generate a steady revenue.
- Company would generate revenue by charging a commission of 0.5% to the buyer and seller on P2P transactions and 0.2% to the buyer and seller on instant trading transactions.
- Currently we support 6 cryptocurrencies but we are looking to implement the top 20 cryptocurrencies in the future.
- We have a strong online presence with social media accounts and a website.
- Our employees are mostly freelancers who work regularly with us in order to keep the company lean.
- Company's physical assets include laptops, furniture and office equipment.
Online cryptocurrency exchange with the facility to trade, hold, lend, make fixed deposit, mine, P2P, credit card buy, crypto pay and fiat digital pay all in one place.
Rented head office in Singapore and rented branch office in India.
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Earlier than 15 daysSenior Principal, Finance, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Preschool, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Advertising, Sofia, Individual Investor / Buyer connected with the Business