We are developing Metaverse Social Networking Community Application in Southeast Asia market. Our Vision is we want to product the next Unicorn in Southeast Asia market. We want to be listed on Nasdaq within 5 years.
300% Growth rate
Positive feedback from users
We exceed our estimation target by 3x
Product Launch on the market
We are on the way create version 2 and definitely will reduce our marketing cost
We developed Metaverse Social Networking Community application in Southeast Asia market. Currently, we have IT team, marketing team, and our product already launch on the market. We believe in this idea and concept and the proof is when our product launch we get a early traction prove our product can fit to the market. Facebook, Microsoft, Tencent also believe in this metaverse concept and believe it is the future of IT. We need to grab this opportunity and follow the trend grow together.
Our target market is Southeast Asia market. Based on the research from Google, Temasek, Bain & Company, the total market size of Southeast Asia market is 650 million populations, and the internet user is around 400 million population in Southeast Asia market. The population in Southeast Asia is young as their average age is about 28.8 years old which are younger that China & US 38 years old, Japan 48 years old. This can show that young people are very active and easy to accept new things. Their average online time is around 8- 10 hours per days is higher than global online time of 6.5 hours. The value of the market reach 100 billion US dollars in 2020 and the expected value of the market will exceed 300 billion US dollars in 2025.
Objective/Future (Use of funds)
80% of the fund will use on marketing and development cost. 20% of the fund will use on team cost and operating cost.
80% of the fund will use on marketing and development cost. 20% of the fund will use on team cost and operating cost. We use small amount to scale
Henry Tiew Choon Siang - Chief Executive Officer
For the short introduction for me, I am the founder for this project, and I have an accounting and finance background. I did e-commerce and act as the tax agent for Grant Thornton previously. This year I also participated Entrepreneurship Competition and successfully get into semi-final.
Our CTO has more than 10 years’ experience in software development and marketing. He also has the experience to serve the first Unicorn in Malaysia, Carsome, which is currently preparing to go listed in Nasdaq. Our CMO is one of the Google Partners and he has 7 years of experience in marketing plan and execution. He also has the experience in social media business.
We want to be listed on Nasdaq. We aim IPO. We believe investor want to exit with a high valuation company and we design a good exit strategy for our investor and definitely our company valuation will excess $ 1 billion within 5 years.