Photo - VojVoj
62697

VojVoj

Norway
Market: Information and media, Education, training, Entertainment, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 16.10.2024
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equalizer from 2000
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Idea

VojVoj is a newly launched content platform with fast growth and strong network effects. We are unlocking opportunities for creators through nano payments and have 50% higher retention rate than Snap.

Current Status

We have newly launched our beta version and have a the first users onboarded demonstrating fast growth within our niche beachhead market (action sport). We have fantastic numbers on engagement, more than 6000 videos of unmatched quality. The proven behaviour with donations and subsciptions demonstrates our business model.

Results from last years pilot, based on a much less developed platform:
Grew organically to 2000 users within one community
50% higher 7-day retention rate compared to Snapchat
Creators earned 1000 times more per view when compared to TikTok

Problem or Opportunity

There are 400 million content creators in the world, but 60% have yet to monetize their content. The reason is that current content monetization and social media platforms cater to mega creators. It is increasingly difficult for micro creators to gain traction and earn on their content.

Solution (product or service)

We democratize opportunities for all content creators, enabling the to earn from day one.We unlock opportunities for micro creators with nano payments and with a platform with unrivaled networks effects.

Benefits:
In-app economy enables micro-transactions with instant earning potential.
Monetize video content through donations and subscriptions.
Co-create and share income with collaborators.
Earn from network engagement.
Ad-free, high-quality feed keeps users engaged and active.

Business model

We take a 25% transaction fee. When creators earn, we earn.

The financial model, made by Stanford lecturer and thought leader CFO Kartik Gada, shows we will be cash positive in 15 months.

Incubation/Acceleration programs accomplishment

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