Revolutionizing Ride-sharing through Web3 Cryptocurrency
Our startup, Mytti Token, is set to transform the ride-sharing landscape by harnessing the power of blockchain technology, smart contracts, and cryptocurrencies. We're poised to create an unprecedentedly secure, transparent, and decentralized platform for ride-sharing, thereby redefining transportation standards and ushering in a new age of accessibility, efficiency, and trust for all users.
Mytti Token envisions a decentralized, tokenized ride-share ecosystem that harnesses blockchain for a secure, transparent transportation experience.
My customers comprise both traditional ride-share users and cryptocurrency enthusiasts, who we aim to equip with revolutionary Web3 transportation experiences.
Mytti Token resolves ride-sharing inefficiencies by ensuring pricing transparency, reducing high fees, decentralizing control through community governance, broadening utility options via tokenized ecosystem expansion, incentivizing user participation and boosting service flexibility.
The prevalent driver retention problems, high costs and centralized control in existing ride-sharing platforms confirm the urgency of our solution.
PitchBob’s recommendation: Mytti Token is our solution, revolutionizing ride-sharing through a transparent, decentralized blockchain system that prioritizes user benefits and diversifies services.
PitchBob’s recommendation: MYTTI employs blockchain for transactions, uses tokens for payment, smart contracts automate routines. Community votes with a deflationary token model.
PitchBob's recommendation: "Mytti delivers security via blockchain, direct rider-driver payment, auto-processes with smart contracts. Its deflationary token model amplifies value."
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
As Founder and Chief Creative Officer, I shape our vision and strategy, guide product design/UX, evolve our brand identity, and foster innovative solutions.
Our core team consists of roles like CTO (technical development), COO (operations), CFO (finance and tokenomics), heads of Marketing, Product, Community, and a Legal Counsel.
In addition to Arcade City, DAV Network, RideNode, Eva, DRIFE, TADA, Chasyr and Jitla as direct competitors in the blockchain-based ride-sharing domain and Web3 Cryptocurrency industry; other potential indirect competitors could consist of traditional players such as Uber or Lyft.
Mytti is revolutionizing ride-sharing with lower fees, dual crypto/fiat payments and a decentralized network. Our blockchain-based platform ensures transparency, backed by smart contracts for security. We're more than just an app: we're fostering user empowerment through our community governance model and Myttiverse integration.
Mytti generates revenue via transaction fees, token sales, staking rewards, in-app purchases within our gamified metaverse and data monetization.
Seeding the future, Preseed is ready for its accelerator journey. A dynamic startup poised on the edge of substantial growth, armed with innovative products and dedicated to carving out a unique and essential role in our industry. We're ready to scale.
Upon exhausting our funding, we aim to launch a functional MVP, integrate MYTTI token for payments, establish a user base of 50k riders and 10k drivers, initiate basic Myttiverse features, ensure regulatory compliance in key areas while laying the foundation for Series A.
We track a variety of comprehensive metrics such as the number of active drivers and riders, transaction volume, value in MYTTI tokens along with token staking rates. Plus we monitor user acquisition/retention patterns averaging ride fares alongside platform fees to assess growth performance. Additionally, stats like Myttiverse engagement details including daily actives or time spent per session are followed closely just as our community's expansion through social media followership and Discord member count is assessed for brand outreach efficacy Lastly, smart contract interactions help gauge activity levels within the blockchain realm.
Our company incorporated in
Not incorporated yet
Our project faces several risks including regulatory uncertainties, potential price volatility due to limited liquidity, possible smart contract glitches, challenges in attracting users from established competitors and cybersecurity threats. There's also market saturation concerns and dependency on Ethereum performance.
$
100
We raised investments
Just the me the founder
$
2000000
Currently, we are raising investments
$
2
Estimated pre-investment valuation of the company
I am looking for a co-founder to join Mytti Token, an innovative startup ready to disrupt ride-sharing with Web3 cryptocurrency. As a startup at the idea stage, we have an ambitious vision to create a democratic, decentralized ride-sharing ecosystem that addresses prevalent market challenges such as pricing intransparency, high fees, and centralized control. Our targeted co-founder should possess a strong entrepreneurial spirit, share our passion for blockchain technology's transformative potential, and be ready to navigate the challenges and nuances of the Web3 cryptocurrency landscape. Ideally, this individual would contribute expertise in strategic planning, fundraising, and network-building to help scale our startup. Prior experience navigating regulatory complexity within the evolving cryptocurrency space would be a significant asset. As a co-founder, you would be joining a team committed to realizing a vision that could redefine how millions of individuals engage with ride-sharing daily.
Startup Name: Mytti Token Role: Blockchain Developer About Us: Mytti Token is a cutting-edge startup that revolutionizes the ride-sharing arena through Web3 Cryptocurrency. Our mission is to create a decentralized tokenized ride-share ecosystem that harnesses the power of blockchain for a secure and transparent user experience (www.myttitoken.io). Vacant Position: We're seeking a talented Blockchain Developer who can help us actualize our vision. This position provides the unique opportunity to shape the future of ride-sharing using leading-edge blockchain technology. Your Role: As a Blockchain Developer at Mytti Token, your primary responsibility will be to create and implement blockchain technologies that will form the backbone of our platform. You will play a pivotal role in developing, coding, debugging, and troubleshooting the blockchain program, while contributing immense value to our ride-sharing services customer experience.
Mytti Token revolutionizes ride-sharing with blockchain, offering transparency, security, and lower costs. Users benefit from decentralized payments and a community-driven approach, enhancing trust and efficiency in urban mobility.