Crypto Startup Investment Opportunity in George Town, Malaysia
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Other |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Crypto |
Locations | George Town |
Local Time | 7:44 PM Asia / Singapore |
Listed By | Business Owner / Director |
Status | Active |
- The coins can be then used within the application itself for bidding or buying real products.
- Items available for bidding include everything from headphones, Bluetooth speakers, fridges, TV sets, motorbikes, and even cars.
- Quests may include but are not limited to, data collection, like & share posts, enlisting merchants (offline), sending referral links, watching an interstitial video advertisement. etc.
- Our application is totally free to download and use. Hence, we can expect strong growth and massive target audiences when the users start winning items from bidding activities.
- The company is seeking funds to complete the development of the application and the exchange center.
- There are several revenue models, namely advertisement revenue (from videos), sale of products (eCommerce), shipping charges (eCommerce), coin sales, exchange fees, etc.
- ROI is estimated within 12 months with a growth return rate of 150% minimum based on 50,000 daily active users. (base start of 10k users progressive increment to 50k by December 2022).
- The technical team is based in Malaysia for better costs savings. We intend to expand regionally (SEA) with projected revenue of SGD 5 million per month (SGD 60 million annually) from 2023 onwards.
- Bidding platform (Items will be sourced from China)
- Flash bid feature.
- Bid & burn feature.
- Highest bidder feature.
- Team bid feature.
- E-commerce (for immediate purchases instead of waiting to win the bid)
- Shipping services.
- Offline merchants to accept cryptocurrencies.
- Data analytics.
- Advertisement sales.
- Cryptocurrency exchange center for conversion.
- Trading of cryptocurrencies.
- Future coin issuance & listing on the exchange.
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Earlier than 15 daysDirector, IT Services, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Digital, London, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysLegal Expert, Crypto, Ho Chi Minh City, Corporate Investor / Buyer connected with the Business