Photo - AlexM
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AlexM

Azerbaijan
Market: Financial services, Blockchain, Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 05.03.2023
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Idea

Social network which trades stocks, commodities, and cryptocurrencies over 30 different marketplaces.

Current Status

We have already done 70% do solution: Crypto Exchange, Fiat Gateway and the final part in development phase is Social Engine. We are going to be in production in Q3 2023

Problem or Opportunity

Social and eCommerce!
Payments in Social Network in stuck. Classic payments system in stuck. Our solution combine social network with non traditional payments in one solution.

Solution (product or service)

Payments with blockchain making cost of transaction close to zero compare, social engine help to combine traditional institution (banks, etc) and merchants (Starbucks, etc) and Customers in one area where can earn money when they like the post and order any goods directly from the network.

Business model

Distribution fo Revenue:
1) Currency Exchange = 45%
2) Ads = 30%
3) Payments = 15%
4) Fees from Merchants = 10%
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