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Science ID

Science ID helps people to improve academic results.

Ukraine, Vinnytsia region
Market: Internet and IT, Education, training
Stage of the project: Prototype or product is ready

Date of last change: 04.09.2021
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Idea

Science ID is 18 languages, 100 academic disciplines, 1000 lessons and 40k of terms in the form of test-game.

Current Status

The Science ID App is already available on Google Play and App Store. The project has it's own website. Current spending on ads is USD 2 per day (Google Ads).

Market

Market - edu apps.
Customer segment - people motivated in self-education and self-improvement.

Problem or Opportunity

Our clients are all the people who are involved in learning and research : pupils, students, teachers, professors and researchers. The main problem is that contemporary system of science is too big to learn it fast.

Solution (product or service)

Our solution : we offer a conceptual framework for the science system and a comfortable way to learn it - an app.

Competitors

1. No direct competitors. 2. Indirect competitors is Duolingo and alike (also the system of formal education).

Advantages or differentiators

The main advantage is the science system framework.

Finance

The main revenue comes from in-app-ads (Google AdMob). So, 1000 active user will bring USD 1200 per month and 100k active users will bring USD 120k per month.

Business model

1. Promotion on Google AdMob and FB AudNet. 2. Pay for downloads. 3. Get active users. 4, Improve the brand.

Money will be spent on

My own time to invest in app improvement - UAH 4k per month.
Promotion on Google Ads and FB AudNet -UAH -4k per month.

Offer for investor

Fixed % of revenue for a fixed period of time.

Team or Management

Invention/Patent

A request for the TM registration.

Photos

Photo 1 - Science ID helps people to improve academic results.
Photo 2 - Science ID helps people to improve academic results.
Photo 3 - Science ID helps people to improve academic results.
Photo 4 - Science ID helps people to improve academic results.
Photo 5 - Science ID helps people to improve academic results.

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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
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video