Photo - UPBOND
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UPBOND

Japan
Market: Entertainment, Blockchain, Mobile applications
Stage of the project: Operating business

Date of last change: 12.01.2023
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Idea

UPBOND is web3 enabler with wallet for general consumers and corporates

Current Status

1 million users (30,000 MAUs)
Amount of data in safe deposit boxes (10 million Attribute) *Number of users x data items.
Quality of data in safe deposit box (name, birthday, address)
Monthly recurring charge 10 million yen/month
100 million yen in business co-creation sales for Web3
10 business co-creation projects for Web3
Sales pipeline 1 billion yen

Problem or Opportunity

The Web3 world creates lots of possibilities and value when data is managed directly by individuals.

However, the handleing direct data management is quite difficult for the average consumer, and for companies, it means giving up data rights.

UPBOND supports the Web3ization of companies while providing a wallet that is easy for consumers to use and allows companies to selectively share their data.

Solution (product or service)

UPBOND is a web3 enabler that provides easy-to-use wallets for businesses and consumers. UPBOND has partnered with Polygon and Dentsu to promote the social implementation of web3 and aims for the adoption of wallets.

Business model

Monthly recurring billing (,which is wallet service) and sales in incubation business.

Incubation/Acceleration programs accomplishment

- Working with a leading Japanese company to a build blockchain game.
- Building a platform that allows creators for secondary creation of IP and sell their artwork. Still IP owners get an incentive.
- Pairme - Club to earn platform where consumers can meet people in real club / virtual club.
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Idea
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Invested in previous rounds, $
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