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PBC Trade Assistant

AI Crypto Trading Assistant (Signal Provider Using AI)

UAE
Market: Trade, Financial services, Blockchain, Crypto currency, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 28.02.2024
Sale price
$  500.000
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Does the enterprise work?

Yes

Idea

More and more inexperienced traders are dedicating countless hours to crypto trading. However, the crypto market is notoriously unpredictable and risky, and acquiring the necessary trading skills can be a daunting and time-consuming task. Even seasoned traders cannot keep tabs on the entire market. That's where we can be of assistance!

We have developed a signal provider for cryptocurrency trading. Our system scans the entire market using a pullback strategy and sends accurate signals to users via Telegram every half hour for both Spot and Futures sections.

Current Status

We have a complete and comprehensive product that serves right now, We spent almost 3 years creating and developing our MVP. Our project began in May 2019 and we generated our first revenues in March 2020. Developing our MVP involved various changes to the product due to new problems and ideas, and we added experts to the base team. As a result, around 80% of our budget was dedicated to the product. While we initially had $50,000, we ended up spending $12,000!! (2019-2021), which left us with very little funding for marketing or advertising campaigns. Despite this, we utilized free platforms and services, and employed methods such as guerilla marketing to reach our goal. As a result, we were able to attract nearly 10,000 customers that 7500 of them purchased at least one time. Our total income from the date we started until now has been $894,000 and our net profit has been $538,000.
We offer one annual subscription plan for both sections (Spot & Futures).

Annual sales, $

1000000

Annual net income, $

700000

Organizational form

Since our startup operates only online, It's not registered or incorporated in any form cause there is no regulatory for online businesses in our country.

Number of employees

2

Problem or Opportunity

More and more inexperienced traders are dedicating countless hours to crypto trading. However, the crypto market is notoriously unpredictable and risky, and acquiring the necessary trading skills can be a daunting and time-consuming task. Even seasoned traders cannot keep tabs on the entire market. That's where we can be of assistance!

Problems:
1. Need for training and expertise: Trading in the world of cryptocurrencies requires hours of training, practice, and experience.

2. Impossibility of monitoring the entire market: No professional or novice trader can check all the currencies available in an exchange at the same time.

3. High risk, low profit: Due to the volatile nature of the crypto market, most people face high risks and small profits.

4. Lack of stability: Most people can’t make a steady daily income in this market for various reasons.

Solution (product or service)

PBC Trade Assistant is a signal provider for cryptocurrency trading. Our system scans the entire market using a pullback strategy and sends accurate signals to users via Telegram every half hour for both Spot and Futures sections. We used Quantower (quantower.com) and Telegram messenger to create our platform. We have separate VDS for each section (one for Spot and one for Futures). Our signals have been tested by top traders around the world and are known to be very accurate and profitable. Trading with our signals can result in substantial daily profits. We use Quantower to monitor the market, apply our strategies, and make necessary calculations and Telegram to send generated signals to the users. We provide our users with a trading experience that is easy, profitable, and low in risk. To simplify things, let's assume that our system provides six signals per day (it provides much more). Two of these signals will result in significant profits, two will result in modest profits, and the remaining signals will result in very small losses.

Competitors

- ATA: A trader assistant designed for highly professional trades with high knowledge and experience (Something like Trading View).

- CEXs: Some centralized exchanges sometimes provide services like "copy trading".

- Tutors: All people who teach working with cryptocurrencies (e.g. crypto YouTubers).

- Trades: Some people on social media and various websites are sending signals for the cryptos or sharing their anticipates.

There are no serious competitors or alternatives for our services right now; Also there is a huge untapped market for our services.

Advantages or differentiators

1. No need for training and experience
2. Not limiting the number of signals to a specific number
3. Accurate timing
4. Very low risk
5. Very clear signals
6. Predicting price trends
7. Possibility of automatic trading
8. Very simple reception of signals
9. Small initial capital

Read more about these items in our Pitch Deck.

Finance

Currently, we charge a yearly subscription fee of $100 through our local website and social media. We can guarantee thousands of users (customers) with good marketing and branding. Due to that, our project has deficient maintenance and operating expenses, you can set very low-cost subscription plans. We ran the project in a local region (Iran) and in a year we reached nearly 6000 users with terrible branding and marketing! (cause we're not marketers of course). Unfortunately, the banking system in Iran is very limited and separate from the international system, so we cannot provide our transaction documents.

PBC platform signals will be sold by subscriptions so the revenue stream is very clear. Since our platform is a complete and tested product, and it also requires a very low start-up and maintenance fee, the subscription prices of signals can be considered very low (e.g. $100 for annual subscriptions). You about $60 per month for each server (one for Spot and one for Futures). With two simple servers, thousands of customers can be covered.
Currently, the only investments required for the platform are branding, advertising, and marketing. A content production team (for social networks) and a proper advertisement can easily introduce the system and increase sales. Also, the system needs a website with suitable UI, UX, and SEO.

Business model

Our business model is fully explained in our pitch deck, however, we use Telegram free platform to provide our services (deliver signals to users). Our platform is a combination of the free version of Quantower (quantower.com) and Telegram messenger (it is free too). We use 2 VDS for running the platform on each section (one for Spot and one for Futures). All purchases and customer support processes can be done easily through the website and social networks.

Reason for sale

We're selling this project cause we don't want to enter the international markets (for obvious reasons like very difficult access to international banking and payment system) and we need money to grow our business in our local regions. we want to focus on Arab countries for now.

Market

1 in 10 people currently invest in cryptocurrencies, many for ease of trading,
a CNBC survey finds.

PBC platform users are not limited to a specific country, but our platform can serve users worldwide. Some resources estimate the total of active crypto traders to be between 51.2 and 52.4 million. For various reasons, some countries have more potential to attract customers so by focusing on those specific countries you can reach many users. For example, countries like India, Hong Kong, Southeast Asian countries, Latin American countries, Gulf countries, African countries, etc.
Our potential customers are novice traders so we can rely on a big market. With a correct marketing strategy; It is possible to attract a significant part of this market.

Unfortunately, there are no exact statistics on the number of new traders;
However, it's safe to say that with the increasing popularity of
cryptocurrencies, more and more novice traders are entering the market.
The accessibility of cryptocurrency trading platforms and the potential for
high returns have attracted many new traders.

Our project is worth billions, but unfortunately, we lack the resources and marketing skills to enter the global market. While the project has significant target markets, such as India, Hong Kong, and Malaysia, we are currently focused on launching it in our neighborhood countries and regions, including Arabic and Gulf countries, Iran, Turkey, Armenia, and Azerbaijan.

As you are likely aware, AI is currently a popular trend. By introducing a cryptocurrency signal provider system that incorporates AI, it is sure to generate significant interest. You can promote it as the world's first AI Crypto Trading Assistant, and remember that there are currently no major competitors.

Team or Management

Risks

There is only one thing that could become a competitor for us in the future; AI! that we turned this problem into a big bonus for us by integrating it into our platform.

Photos

Photo 1 - AI Crypto Trading Assistant (Signal Provider Using AI)
Photo 2 - AI Crypto Trading Assistant (Signal Provider Using AI)
Photo 3 - AI Crypto Trading Assistant (Signal Provider Using AI)
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Does the enterprise work?
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Annual net income, $
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Solution (product or service)
Competitors
Advantages or differentiators
Finance
Business model
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Market
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