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Social Network Website Assets for Sale in Milan, Italy

For Sale: Source code for an iOS social media application that can be easily monetized.
This transaction has concluded.
This Business is on a Premium Plan
Ownership Duration 5-10 year(s)
Industries Mobile Apps + 1 more
Locations  Milan
Local Time 12:27 AM Europe / Rome
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 1 million (Native Currency: EUR 955,000)
Reason: Conflict of interest with the current employer in the tech sector. g. The source code is owned by a... View More
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After Voting
Assets Description

This source code was intended for a promising social media platform that allows users to compare photos and videos. Users can vote on important aspects of posts in addition to liking them. (i. e. Twitter & Instagram combined).

At the time of its completion 6 years back, it did draw a lot of interest from the media and fashion industries and raised USD 120k in seed funding.

The venture, however, came to a standstill because of the founder's health issues.

Some key functionalities:

- Each user would be able to post multipicture queries (up to six pictures/videos comparisons), pick points posts (points to tap on/vote on the image itself), and yeah/nah questions, which let one simply ask your followers whether they agree with someone on a given subject (for pictures and videos).

- The app also has a commenting system with the ability to like and dislike comments as well as a gamification feature that allows users to earn "stars" and move up the profile ladder.

- Such a polling system has countless applications and so are the chances for monetization.

Can be monetized through advertising and companies can use the app for strengthening brand engagement. This includes:

- Market and statistical research, which is more unbiased than surveys. Natural or through influencers.

- Real-time user feedback (launches of current and upcoming products and services)

- Data collection.

- Immediate understanding of user preferences.

- Higher advertising click rate than normal ads due to core functionality e. g. vote to know.

Languages used in the code:

- The frontend is written in Swift and it needs modifications to run on the latest iOS versions.

- The backend is written in Java, using Rest API.

Java 8, Spring, Hibernate JPA.

- The database is Postgre SQL 9.5.

- The Java app runs in Wildfly 9.2.

- AWS to host backend AWS S3.

- AWS SNS for push notification.

- AWS RDS as the database server.

- AWS EC2 app server.

The app is available only on iOS.

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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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