Crypto Startup Investment Opportunity in George Town, Malaysia

- We provide an interactive crypto-mining application where users can mine for coins; namely BIDcoin (BDC) after completing daily quests.
- 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.