22545

Automation of the purchase process. Attracting buyers.

Ukraine, Nikolaevkskaya area
Market: Internet and IT, Trade, Services, Blockchain, Artificial Intelligence
Stage of the project: Idea or something is already done

Date of last change: 20.10.2017
Min investment
$ 7.500
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Total required
$ 150.000
Rating
equalizer 133 из 1000
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Idea

Safe auto transaction purchase of goods according to the principles of smart contracts.

Current Status

There is an idea and a clear understanding of how to work on the projec.
There is a team of professionals with an extensive experience.
Defined technology stack that is necessary for quality work of the project.

Market

The market is huge! Is any type of goods that are available for purchase through the Internet.
Our customers should be divided into two groups:
- buyers - men and women from 18 to 50, consumers of all categories of goods
- sellers - small and medium businesses operating in the Internet trade

Problem or Opportunity

Today there are so many online stores and businesses and it is very good for the consumer. However, to choose the seller becomes more and more difficult. Often in search of favorable conditions, the buyer enters into an unscrupulous seller, who then rips time frame, then changes the price, then all is lost. Also easy to get at all on fraud. In search of a product a person has to spend a lot of time to select a reliable seller, call him, send him your data, and then to monitor the delivery of the product. While not always, these actions complete successfully, and then have to start all over again.
The buyer spends a huge amount of time on it. And time is the most valuable resource of every person!

Solution (product or service)

To solve this problem, we are creating a platform based smart contracts, which will allow you to arrange the transaction in a single click.
Let's assume the buyer has decided to buy a TV, and have already chosen the model. Now he needs to find a seller. But our platform will do everything for him. The buyer needs only to define the criteria for important transactions such as: deadline delivery, plug prices, hire purchase or credit payment and so on. The smart filter system itself will determine the best of the seller from the database and place an order for it. This will create a smart contract which will be all of the specified criteria (amount, timing, etc.). The amount will be reserved to protect the seller, but will get to his account only after confirmation from the buyer.

Competitors

Various services (for example olx.ua) offer a "safe deal", but they operate within the service itself and do not solve the selection problem.
There are aggregators (e.g. hotline.ua), where you can find deals stores, but they do not guarantee anything, not even the actuality of information.

Advantages or differentiators

- Guarantee the fulfillment of the conditions
- The relevance of the information about the product provided by the seller, however, shall apply penalties in case of false information
- If the transaction is not executed through the fault of the seller, the buyer gets the money back, and also gets bonuses for non-pecuniary damage
- If the transaction is not completed, the service will attempt to find a new seller

Finance

For buyers, the service will always work for free. This group of users creates demand and ensures constant turnover.
Sellers will provide a few plans. Payment will be made for access to our API, and participation in the directory. As additional services - temporary rise in ranking, the possibility of direct-mail advertising.

Business model

Value proposition:
The availability of all buyers use smart contracts for all purchases in the network.
Smart filtering to select the optimal seller according to the criteria of the buyer.
Buying a product in one click.
No risk

Distribution channels:
The website
Mobile app
Advertising
Calling the customers

Customer segments:
Private buyers
Small and medium business

Relationship with customers:
Automation
Personalization
Protection of transactions
Guarantee

The revenue streams:
Paid placement in the directory
Payment API access
Additional services

Key resources:
The team

Key partnerships:
Marketing company
Cloud hosting
Service delivery

Structure of costs:
Advertising
Development
Support
The call centre

Money will be spent on

The investment will be spent on software development, advertising campaign

Offer for investor

Ready to discuss conditions of cooperation with each investor.

Risks

The business may not take place if the advertising campaign does not attract the desired number of customers. Success depends directly on the number of supply and demand of buyers.

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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
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Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
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