Photo - Union
53072

Union

Social Evolution

Russia, St. Petersburg City
Market: Internet and IT, Entertainment, Services, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 14.07.2021
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Idea

"Union" has the ability to replace all everyday modern communication apps. We were able to organically combine a variety of features for: content posting, communication, service provision, goods sale. Union will replace all popular daily apps. Also, our feature is a monetization scheme that is not based on annoying ads, or paid access.

For a full presentation with media resources, see https://union.expert/presentation

Current Status

The first version of the product with one category of content is ready, you can see it on the website https://union.expert

Market

Our clients are all social Internet users

Problem or Opportunity

Difficulty searching for offers and lack of focus on the client;
Dozens of services and applications;
Difficulties of self-realization;
Lots of ads and paid subscriptions;
Large customer acquisition costs;
Social degradation;

Solution (product or service)

One application with all functionalities in a single design for all audience

Competitors

Facebook, Youtube, Instagram, Craiglist, Upwork, etc.

Advantages or differentiators

No ads and free access;
Unite disparate audiences;
Uniform style and ease of use;
A new approach to the sale of goods;

Finance

We forecast revenue of $ 0.4 to $ 0.8 per user per month

Business model

In the first year it is planned to attract 1,000,000 registered users

Money will be spent on

At the first stage of marketing;
Development of a service to the required level of functionality and maintenance of performance for a large number of users;
For legal work, since the service is multi-regional, there are many legal issues;
Preparing for the next round of $ 100M investment in marketing;

Offer for investor

50-100% of investment income for two years, or 5% of the company's share for $ 5 mln

Risks

Lack of investment in marketing

Incubation/Acceleration programs accomplishment

Did not take part

Won the competition and other awards

Did not take part

Photos

Photo 1 - Social Evolution

Product Video

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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