Photo - Overcoming embarrassmant
47671

Overcoming embarrassmant - loan for business

Russia, Moscow region
Market: Internet and IT, Information and media, Medicine, Education, training, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 15.06.2020
Min amount of loan
$  40.000
Estimated yield
100 % a year
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Total required
$ 120.000
Rating
equalizer from 1000
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Idea

We've noticed that people are very shy to tell other their own thoughts, ideas, problems and solutions. That is why we made a decision to create a platform where people can be themsefls using anonymity and only voice.

Current Status

At this moment our team is developing mobile app. It's almost done. We've tested our idea in Telegram bot. And now there are more then 18000 users.

Market

Yes, we have made already customer research, made marketing research and we know the target audience. Age/gender and where they are.

Problem or Opportunity

Once we've realized that a lot of people can't describe their feeling, minds, ideas due to embarrassment.

Competitors

Anonymity is not an innovation in the Internet sphere. There are a lot of services which are using anonymity. Such as Secret, which one had been closed.
We've noticed all the failes and success from the past and due to this going to improve our product.

Advantages or differentiators

What is our difference? We use only voice. We have visual content such as photo and gif. Speech is more sensitive to understand then text. We are reading without author's emotions, or they are different.And don't one important thing that we are reading by our voice, not by author's/

Finance

Yes, we have our vision for the 1/3/5 years ahead. Pls dm for details

Loan terms

12 months

Interest rate, %

100

Business model

Subcribitions, advertising

Solution (product or service)

We've decided to give them opportuinity to get rid from this imaginary barrier.

Oscar Wilde said:
Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth.

Risks

Product is new and totally fresh. One thing is Telegram bot other is mobile app. But we will do everithing to reduce all the risks and increase our money which we've spent already and investor's money.

Incubation/Acceleration programs accomplishment

We are in negotiation with accelerator FasterCapital to work with them.

Won the competition and other awards

We are big hardworkers and almost everyone from our team are able to speak English fluently.
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video