Photo - ELVN
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ELVN

Crypto-messenger

Germany
Market: Internet and IT, Telecommunications
Stage of the project: Operating business

Date of last change: 11.02.2019
Min investment
$  550.000
Total required
$ 5.500.000
Rating
equalizer 429 из 1000
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Idea

ELVN is a convenient and safe app for communication with some amazing added innovations: you can earn crypto coins just for your activity in the app. For the speed and ease of making payments in ELVN Crypto Messenger, we have built a super-secure encryption. Additionally, ELVN Crypto Messenger also has a social network in which you can add up to 100,000 friends, whose posts can also be encouraged by the incentive of earning crypto currency.

Current Status

We have a ready working product that has successfully passed the MVP stage and is ready to scale

We have more than 100 thousand active users and their number is growing

The crypto-messenger ELVN is available for free download in the AppStore and GooglePlay.

Market

Blockchain sector focused on finance will be
from 250 to 350 mio people by 2025

Potential clients
B2B and B2C sectors

Problem or Opportunity

Communication from social networks shifts to instant messengers
The functionality of messengers is limited by communication
Messengers are difficult to monetize
There is a need for simple and convenient product that will combine several functions

Solution (product or service)

Developers offer a fundamentally different scheme of interaction between people. The more activity the user displays in the ELVN Messenger, the greater reward he receives. What we mean by “activity” is any action taken within the app: writing messages, sending files, and creating group chats, as well as recommendations to other people to install the messenger on their devices. Remuneration is paid in the crypto-currency known as PlatinCoin (PLC), which is traded on crypto-exchanges and can be exchanged for physical cash.
For the convenience and security of transfers, within the messenger there is a “crypto-jar”, which is now in the final testing stage. Blockchain technology will allow ELVN Instant Messenger users to instantly send crypto-currency “coins” to any contact from their address book, or to pay for purchases in one tap from within the app.
The developers at ELVN paid close attention to technological innovation. For the first time in the known history of instant messengers, the function of group video calls has been made available, facilitating audio-video conferences with a large number of participants with high-quality sound and video.
One of the main criteria for the popularity of modern instant messengers is the speed and security of their data transmission. According to these indicators, EVLN, which recently entered the market, already claims to be among the leaders. Users of EVLN can send an unlimited number of messages, documents in any format, voice notes, images and video with any extension, and send and receive information in real time absolutely regardless of volume. And with all these facilities, we did not neglect the confidentiality and security of personal data, which are encrypted using special algorithms. The ELVN Messenger does not collect, analyze or transmit any personal information to any third parties. Further, a special function protects the user from any unauthorized distribution and display of advertisements.
For those for whom spending time in social networks provides great enjoyment, ELVN enables you to build your internal social network based on existing or potential contacts. A user can invite up to 100,000 friends and communicate with them without restriction. In this case, you can promote any user to place interesting posts in the feed using the crypto currency - PlatinCoin (PLC) as an incentive.
ELVN is easily synchronized with all devices and can be used on both tablets and phones. The messenger supports the latest versions of operating systems: Android, iOS 10, iOS 11, and has been adapted for iPhone X.

Competitors

Facebook
Telegram
WhatsApp
Viber
WeChat

Advantages or differentiators

We have a ready working product that has successfully passed the MVP stage and is ready to scale

We have more than 100 thousand active users and their number is growing

We have a team of professionals

We have a monetization system that has already proven its effectiveness

Finance


REVENUE PROJECTION

2019 - EUR 6.849 million
paid accounts - EUR 1.806 mln
transaction fees - EUR 4.448 mln
advertising revenue - EUR 0.593 mln

2020 - EUR 21.590 million
paid accounts - EUR 7.272 mln
transaction fees - EUR 11.931 mln
advertising revenue - EUR 2.386 mln

2021 - EUR 66.190 million
2022 - EUR 198.402 million
2023 - EUR 481.218 million
2024 - EUR 762.770 million

Business model

MONETIZATION

Paid accounts: from EUR 5 to 15 per month
The crypto-wallets transactions fee: from 0.3% per transaction / operation
Advertising revenue: 0.01 EUR/per view

Money will be spent on

Marketing and PR
Roadshow & events
Developing
Support
Legal assistance
Staff and office

Incubation/Acceleration programs accomplishment

No

Product Video

Website address

Comments: 395
Сергей Фортуна
Никой дополнительной информации в анкете. Для потенциального инвестора это крайне мало . Где посмотреть или узнать актуальную информацию о команде и текущем состоянии дел на сегодняшний момент?
Dmitriy Slavkin
Лучшее предложение на сегодняшний день, Элевен номер один!
Irina Kirikovskaya
1 1, we'll see
1 1
Good solution. But am wondering on the security of transfers via chat.

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
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Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
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Team or Management
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Incubation/Acceleration programs accomplishment
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