Our product allows you to quickly and easily create 3D festival space (food court zones, master classes, markets, etc.), fill it with interactive content (videos, links to sites, etc.), publish on the landing page and organize communication between participants and visitors through chats and video conferences
We have an MVP
If to count only big event agencies in US + Europe + Russia - it will be -aprx. 4000 clients,
80% want to integrate new technologies. So the minimum market could be 2700 clients or 9 720 000 $ a year
Problem or Opportunity
More then 177 countries are now infected with COVID-19, a lot of them are under quarantine. Many events have been cancelled, a lot of people stay at home, local businesses lose money.
Solution (product or service)
Festyline is builder of online festivals. We let residents, event organisations and local businesses create together interactive 3D online festivals to continue having fun and communicating even on a distance.
Advantages or differentiators
Exterior solutions, the ability to choose any site, modern communication solutions between
participants and visitors
We need 150 000$ and the payback point will be in 13 month
Money will be spent on
Marketing, work of the team, payment for services integrated in the site (zoom, etc.)
That after long quarantine people would be thirsty to live communication and for some period will not use online services, on the other hand people might get used to online life and it will become a good habit