Photo - Shally storytaler - fairytale where a child becomes a hero
50391

Shally storytaler - fairytale where a child becomes a hero

AI based FairyTale constructor

Ukraine, Kyiv city
Market: Education, training, Another, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 16.07.2021
Show contacts
0
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

A Mobile and Web Application that will help anyone create a fascinating adventure. A fairytale that will be loved by every child.

Current Status

November 2019 - February 2020 - Incubation in Demium
Feb 2020 - Apr 2020 - Market research. Solution investigation.
Apr 2020 - march 2021 - paused through pandemic and health disease of founder
march 2021 - prototyping
now: Customer research, prototyping

Market

Customer:

Ideally, it would be "smart" families, where young parents care about the child's development. But with a heavy load on work or through problems in personal life, they cannot give enough time for children.

Geography:

USA, Canada, Britain, Norway, Netherland and other English native or well-spoken countries.

TAM - $6.5 B - 72.6 mln families with children in South America and Europe
SAM - $3.2 B - 35.4 mln users that use educational apps for children in the English segment
SOM - $153 M - We will compete for 5% of segment Edutainment - 1.8 mln users


Problem or Opportunity

Modern days are hectic...

Work. Meetings. Pitch competitions as well.

All of this steals the time, that we could spend with someone we love. Many parents lose contact with their kids with this case and have no possible way to express love, share life experiences, or even answer: “Why do birds fly?”

Solution (product or service)

All of us know how children love magical stories about princesses, wizards or cute animals. Those stories help make kids clever, develop their imagination, and of course make them happier, even when nobody understands their thoughts.

So, We are creating an AI-based FairyTale constructor.

A Mobile and Web Application that will help anyone create a fascinating adventure. A fairytale that will be loved by every child.

Competitors

Epic! - Epic is the leading digital reading platform for kids under 12
Khan academy - a fun educational program for children ages two to eight.
Voocs - is an interactive reading system that helps kids learn from stories, get along with others, and develop kindness and values

Advantages or differentiators

We provide a unique way of spending time with kids:
we propose for parents and their kids, to write their own endless story where children will become a hero

Finance

COSTS:
35% - development
32% - Management and administrative expenses
19% marketing
8% - conferences and meetings
5% - office suply

Business model

Subscription(70%) and advertisment(30%)

Money will be spent on

To cover costs threw working on MVP

Offer for investor

for whole amount of our needs - 324000 - we propose 24.5%

Team or Management

Risks

Technically: Required a developing autoregressive language model that will be used with deep learning to produce human-like text. But for now, we will be using a GPT-3 algorithm by OpenAI.

Incubation/Acceleration programs accomplishment

Demium and EO

Photos

Photo 1 - AI based FairyTale constructor
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility152
star1
Add to favorites
Delete from favorites
share
close
thumb_up2
Like
Unlike
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
Photos
Product Video