Revolutionizing Gratuity with Love Coin
The essence of our startup, Love Coin, is to redefine the realm of gratuity, making it less daunting for consumers in the US. We aim to shift the perspective of tipping from an onerous activity to an act of appreciation, ensuring it aligns with the service value and satisfaction levels. In today's world where carrying cash is becoming antiquated, our innovative solution steps in to make this process much more accessible and convenient.
Take out the discomfort of tipping out of the customer and give enjoyment in spread love and appreciation
customers of services that take tips and professionals that accept tips
Clients discomfort in how much to tip, complain and or interact with servers. At same time create a positive experience to all.
now a days the restaurants, bars and servers are enforcing for higher and higher tipping without improving service
Our startup, Love Coin, revolutionizes the gratuity system by making tipping unambiguous and enjoyable for customers while optimizing returns for service professionals.
Love Coin transforms tipping into a seamless act of appreciation, aiding both service providers and consumers by creating a gratifying experience.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
Currently, I am the sole member of my startup. In the future, I plan to bring onboard a tech specialist and a sales expert to diversify our skills.
Potential competitors for our startup, Love Coin, include established digital payment platforms like Venmo and Paypal. Additionally, emerging fintech startups focusing on gratuity such as Bravo Tip or Pay are also significant contenders in this market.
Our startup prioritizes social impact over mere financial gain, creating measurable benefits for our community. A unique perk is the use of 'love levels' for promotional purposes, adding a human touch to advertisement campaigns.
a percent fee per transaction, similar to credit card transactions
Our product is in its initial stages of development, yet progress is energetic and promising. We're passionately working on it to bring a revolutionary solution that aligns with market needs.
Our startup has made significant strides, successfully building a fully functional platform that is currently serving an impressive user base of 5 million people.
Our company incorporated in
New york
$
10000
We raised investments
i am the sole investor
$
500000
Currently, we are raising investments
$
not a clue
Estimated pre-investment valuation of the company
Our team, composed of Harvard Business School OPM alumni, brings to the table extensive market knowledge, robust connections, and a wealth of experience.