Photo - Lifeblink
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Lifeblink

Save and share your bucket list memories.

USA, New Jersey
Market: Tourism, sport
Stage of the project: Prototype or product is ready

Date of last change: 07.06.2021
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Idea

Lifeblink is a social network for people to save and share lists of the places they have been and things they have done. Lifeblink preserves bucket list memories.

Current Status

Pre-Revenue

Market

In 2019, travel and tourism was a $9 trillion industry consisting of 1.2 billion people who traveled, approximately 10 percent of the world’s gross domestic product. Lifeblink’s go-to-market strategy is focused on the Philadelphia region. Philadelphia tourism accounts for $12 billion in revenue and consists of 45 million visitors.

Problem or Opportunity

There is no good solution to organize, share and discover travel experiences. Travel sites are focused on user reviews. Social networks are conversational, and feeds are not structured for saving travel memories. Photo storage platforms lack social features, and travel memories get buried among every other photo taken.

Solution (product or service)

Lifeblink is building a social network exclusively around travel and experiences. We organize content into “bucket lists” where people can easily add places they have been and things they have done. In addition, we organize memories and photos chronologically on a users profile. We have gamified the experience with points, rankings and badges, not only for content that a user produces but 
also for their social interactions.

Competitors

Trip Advisor, Foursquare and Yelp are in our direct competitive set. Each platform helps people find things to do and allows users to create a social profile to track their activity.

Advantages or differentiators

Lifeblink has a few unique differentiators that separate us from the competitors. First, we are focused on preserving the user’s location memories, and they are focused on user location reviews. Second, we are only showcasing important places and lists that users “should visit”. In comparison, the competitors are listing everything a user “can visit”.

Finance

Lifeblink’s primary revenue model will derive from lead generation. Our platform helps users find locations to visit and encourages them to complete their travel lists. Tourism boards and businesses will pay a yearly fee to remain in our directory and be added to new list. They also have the benefit of being listed on the profile page of users who have visited their location. In addition, we aggregate all user photos on the business place listing and link to the business’ website.

Business model

Lifeblink’s primary revenue model will derive from lead generation. Our platform helps users find locations to visit and encourages them to complete their travel lists. Tourism boards and businesses will pay a yearly fee to remain in our directory and be added to new list. They also have the benefit of being listed on the profile page of users who have visited their location. In addition, we aggregate all user photos on the business place listing and link to the business’ website.

Money will be spent on

Funds to build a mobile app
Funds for paid advertising
Funds for sales team

Offer for investor

We are currently making available 20% of the company for $500,000

Team or Management

Risks

The main risk is that we are entering the competitive travel space where a few large companies control most of the assets.

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

None

Photos

Photo 1 - Save and share your bucket list memories.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation