Kenya - Business creation project

Describe your project or startup in a few words

Crypto is the future of the worlds economy. I have observed that most of them are always being pre-sold at the lowest price ever and it later witnesses an inredible rise in price once it has been listed in exchanges. I want to take an advantage of that.

01.01 Describe your project in more detail

An example of that is Athene. The coin is not yet listed, but the current price is about 0.07 usdt on a p2p market, I know for sure that this price will incredibly rise beyond the expected price. Another coin on this list is VTC coin which is being sold at 0.5 usd but it is anticipated to get launched at 12 usd on the listing day, that os more that 20times profit if that will surely happen(gret business people are great risk takers😁) As a good economist and a business person who is in need of a future with a total financial freedom, I see this as a great oppotunity to rise beyond the anticipated heights

01.02 What is the main problem you are trying to solve?

The main problem am trying to solve is financial instability using cryptocurrency, it is observed that a large number of African ctizens are living below poverty line, it is my belief that most of them can be educated about crypto mining and once the presale is happening or the listing is happening, that is when I step in, buy the coins at a fair price, hold them until they reach a certain price and then sell them and make a difference both to me and the socierty using the profits earned.

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

1. A number of cryptocurrencies can simply be obtained from 'tap to mime' function in either a mobile phone or a computer 2.

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

My primary beneficiaries are the people in my community. For long time they have been struggling and strangled with the chains of poverty, no financial independence, no food security, poor health care services and many more essentials. My main aim is to bring equity and give everyone a chance to reach the levels of their dreams. Despite the fact that am staring this for me,I am just starting as a motivation factor to make people in my community realise what they have been missing all these years. Had they have a chance and a person to motivate them they would have been in the next levels already.

01.05 When did you start working on your project?

2024-01-01

01.06 How many other partners are associated with your business venture?

0

01.07 Among the other partners, how many are female?

0

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

I have no patners, yet.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

01.10 Which industry best describes your project?

g) Financial services

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

02.02.01 My project contributes to the Zero hunger goal

7 - Strongly Agree

02.02.02 Zero hunger - Justification

02.03.01 My project contributes to the Good health and well-being goal

6

02.03.02 Good health and well-being - Justification

02.04.01 My project contributes to the Quality education goal

6

02.04.02 Quality education - Justification

02.05.01 My project contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification

02.06.01 My project contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification

02.07.01 My project contributes to the Affordable and clean energy goal

5

02.07.02 Affordable and clean energy - Justification

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

02.10.01 My project contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

02.13.01 My project contributes to the Climate action goal

4

02.13.02 Climate action - Justification

02.14.01 My project contributes to the Life below water goal

3

02.14.02 Life below water - Justification

02.15.01 My project contributes to the Life on land goal

4

02.15.02 Life on land - Justification

02.16.01 My project contributes to the Peace justice and strong institutions goal

7 - Strongly Agree

02.16.02 Peace justice and strong institutions - Justification

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

7 - Strongly Agree

05.02 The product/service we envision creating represents an entirely new type of product/service.

2

05.03 The product/service we envision creating could be described as a new technology.

3

05.04 The product/service we envision creating is an improvement on an existing product or service.

6

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

6

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

6

05.07 The product/service we envision creating is a new version of an old product/service.

5

05.08 Justification

05.09 Who are your main potential competitors and what makes you stand out from them?

My main potential competitors are the "already established" crypto markets as well as crypto investors. I believe that I totally stand out from them since not many put much focus on the crypto that are still in the mining stage,but I do and I know that this is a great advantage for me

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

Of course yes. My target group is young members of the society and that does not discriminate males from females youths but instead everyone is given an equal chance to stand out and show his/her abilities.