SORA aims to solve all socioeconomic problems as outlined in The Wealth of Nations by Adam Smith. These include all economic problems (inflation, unemployment, poverty, stagnation, etc.), disaster relief (famines, floods, conflicts), finance problems (financial crisis, debt crisis, debt slavery, currency devluation), and supply chain problems. The first phase of SORA will target students, young freelancers, and the unemployed youth, as they have no money but need opportunities. Afterwards, we will target small companies who are looking for interns and young people. Later on, we will invite bigger companies who are looking for small company suppliers.
Khóa học hỗ trợ
Our socioeconomic solution solves economic problems by tapping into society or 'social networks' via big data and machine learning in order to create a crowdsourced database of goods and services (resource database) which can be traded in numerous ways, such as through money, credit, cryptocurrencies, barter, or 'resource credits.' Our social disaster relief solution involves the use of a mobile app with a mapping functionality that can be used offline during disasters to locate supplies via our resource database and get crowdsourced disaster data. Our social supply chain solution will use data mining and artificial intelligence to help companies find the best suppliers and buyers by mapping their supply chain. Our social debt clearing solution uses all previous solutions to allow the paying off of debt through barter.
Khóa học hỗ trợ
Our customers are startups who want to establish a social economic system. Our end users are people and companies who want to get jobs or sell their products and services with less money.
Khóa học hỗ trợ
We are an alternative economic system that does not rely primarily on money. Instead we rely directly on goods and services. This allows our users to do both money transactions (for people that have money) and barter transactions (for people that don't have money). Through our system, people can get employed by getting their compensation in goods and services instead of just money. This allows full employment and allows goods and services to circulate regardless of financial condition, making economic crises obsolete
Khóa học hỗ trợ
Our revenue will come from users who want to post their ads for their products and services. We charge 2,000 VND for every paid post and 10,000 VND for featured users and companies, and 2m VND for monthly banner advertisements.
Khóa học hỗ trợ
We distribute our app to startup-partners who we meet through startup events or through referrals from the startup ecosystem. Our partners will distribute the app via Facebook groups and our own referral system.
Khóa học hỗ trợ
We attract customers through our value proposition that they will be able to look for jobs and sell or buy goods through our app without money. Unlike other apps that charge fees immediately, we will allow our users to pay much later, up to 3 months later.
Khóa học hỗ trợ
Our key resources are divided into economic theory, software technology, and logistics. Founder Juan is the key resource in both economic theory and software technology. He has translated the works of Adam Smith and David Hume into modern English and has been working in IT since 2008, coding in Ruby and Javascript. Cofounder Lam has 3 years experience in logistics, primarily in import-export.
Khóa học hỗ trợ
As a software vendor, we will partner primarily with ecommerce startups. They are the ones that will deploy our systems under their own brand names, domain, and hosting provider, for their own users. We will partner with universities to publish our theories and the data from our partners.
Khóa học hỗ trợ
Our team is made up entirely of volunteers, with the founder working full time. At the moment, we are funded by contributions from the founder and cofounder. Our app is hosted for free. Our biggest cost will be the registration of our startup in Vietnam which will cost around 20-25m VND. Our office space and business address is provided for free by ITP
Khóa học hỗ trợ
Tài liệu
For the implementation of our SORA social trading platform, we attend startup events to meet startup founders and volunteers that we can partner with, in order to deploy our system. We advise our partners how to get users based on our experience with deployment last year. Our main activity in development of SORA is the learning new technologies like AI and blockchain through IT events and hackathons
Khóa học hỗ trợ
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