Solution
Our factory platform allows us to generate elegant custom apps at significantly low prices to address the second scaling problem. In addition, by eliminating more than 70% of app development costs, we only incur a small cost during the initial consultation and design stage and a potential manual coding fee at the final stage of the process.
Our solution to the first scaling problem is at the core of the CryptoAps platform. As shown in Figure 6, CryptoAps is a social platform centered around app prototypes. Thus, CryptoAps users consist of people who would like to build an app - called apventors - people who would like to invest in an app - called apvestors. Thus, it consists of two main components: social platform and crypto crowdfunding.
Social Aspects
The apventor receives feedback and comments from other users in his network.
The networking helps with the initial customer discovery.
Uses can share the investor’s prototype, thus helping him to get more visibility can turn into faster investment and more users once the app is launched.
Apventor can establish a user base before the app is launched, making it much easier to monetize or to seek investment funds.
As shown in Figure 7, Apventors initiate their projects by uploading a prototype built by themselves or our resources at very low costs (less than $200). Once posted, the social features are CryptoAps help the apventor to engage with other users in the following ways:
Crypto Crowdfunding
CryptoAps includes a blockchain-based solution that allows an apventor to crowdfund and build the app without accessing the required budget. Once posted, the appoventor can ask for an estimate; Apsy uses its algorithm to develop a value to make the app. Once approved by the apventor, CryptoAps starts a crypto crowdfunding campaign for the project. The apventor can share the campaign with her network in Apsy or other places using a link provided by the platform. Once the required amount is raised, we will automatically start building the app using our app factory platform.
Crypto crowdfunding is designed to incentivize apvestors to refer others and receive dividends in return, making raising easy and fast.
CryptoAps Benefits
As shown in Figure 8, both the apventor and apvestor benefit from CryptoAps:
The apventors benefit by receiving funds to build the app via investments made by apvestors. They also receive tokens as their app’s userbase grows.
The apvestors benefit by receiving tokens in lieu of their investment. They also receive tokens as they refer other investors and also as the app’s userbase grows.
The apventor’s campaign will receive that investment, and once the total reaches the cost of building the app, Apsy starts to make the app. During crowdfunding, apvestors receive token in leun of their investment plus dividends as other apvestors referred by them invest in the app. After the app is published, both apventor and apvestors receive token dividends.
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