Photo - Defindor   -    Crypto wallet protection
58419

Defindor - Crypto wallet protection

Crypto wallet protection

USA, Florida
Market: Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 28.02.2023
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Idea

We provide platform agnostic Crypto wallet protection to private accounts preventing hackers from stealing your Crypto assets.

Current Status

Submitted to the apple store waiting to launch while working on our next level solution expanding into physical and digital security

Market

Anyone with a crypto account

Problem or Opportunity

There are more than 200m crypto holders worldwide that are subject to hacks and hackers clearing their accounts

Solution (product or service)

An app that funnels all of your communication and approvals of all of your crypto transactions that hides your identity.
Backed by patented Biometrics technology

Competitors

Ledger is a hardware wallet that cost $50 to $300 the company is valued at$2B and has less than 2m users. Their solution is based on a 24-phrase password that is unrecoverable if the user forgets it. And users must trade within their app.

Advantages or differentiators

Our solution is platform agnostic and works with any and all wallets and exchanges, its easy to set up and doesn't require users to move their funds out of their wallets. We are the safeguards of the transactions and prevent social engineering to trick users into a hack while securing the funds from being moved out of the wallet

Finance

We charge a monthly fee of $3.99 to $9 per month depending in the security package. With 200m users worldwide we are looking to capture 10% of the market with the current raise of $800,000

Business model

membership

Money will be spent on

Acquiring new talent and marketing

Offer for investor

We are raising the funds at an 8m valuation and can offer a discount for investors that will cover the complete round

Team or Management

Risks

Our business model is based on reaching the masses, we must be able to present the brand as a trusted brand with celebrity endorsements and large-scale marketing, we need the right budget

Incubation/Acceleration programs accomplishment

Nope we are self-funded

Won the competition and other awards

My wife gave me the Best husband award this year and i think it should count... :)
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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
Product Video
Presentation