Moms Avenue is a blockchain-powered social platform designed to reward entrepreneurship in mothers. Here’s our review.
What Is Moms Avenue?
Moms Avenue, found online at MomsAvenue.com, is the world’s first blockchain-based, reward-powered social entrepreneurship platform for women.
The developers describe the platform as “a community-driven network that provides freemium services to foster entrepreneurship, turn skills into value and rewards through a transparent blockchain solution.”
Using the social capital of the community, Moms Avenue also plans to boost female entrepreneur skills. Although the website is specifically called “Moms” Avenue, it doesn’t appear to be exclusively targeted towards moms. It seems to be targeted towards female entrepreneurs in general. It also doesn’t seem to specifically exclude males, but it’s definitely catered towards a female audience.
The pre-sale for Moms Avenue tokens (MOM) begins on December 11.
What Problems Does Moms Avenue Seek To Solve?
Basically, Moms Avenue wants to solve the problem of moms needing a lot of startup capital or investment to create a profitable business. There are plenty of opportunities in the crypto space today, and Moms Avenue wants to help women capture those opportunities.
The official website mentions that it costs $30,000 to launch a small or medium business and $3,000 to launch a micro-business. However, it costs $0 to start a business with Moms Avenue.
One of the unique things about the crypto industry is that it’s dominated by men. The Moms Avenue website mentions that 96% of participants in the crypto economy are men, while only 4% are women. Moms Avenue wants to educate and encourage women to participate in the crypto economy.
How Does Moms Avenue Work?
Overall, Moms Avenue sees itself as “the world’s largest opportunity”. Using the platform, women entrepreneurs can become an economic force in the crypto community. Basically, Moms Avenue plans to provide moms with the skills and tools they need to succeed.
Moms Avenue works as a freemium service – the basic products and services are available for free, although you can also buy premium products and services through the platform. All basic plans will be accessible for free, while premium products – like marketplace listings and the jobs board – will be paid using tokens.
To bring that platform to life, Moms Avenue implements several different blockchain technologies, including decentralized autonomous organization (DAO) structure, a token wallet, virtual utility tokens, blockchain-based payments, and security and transparency. All of these technologies are bundled into software as a service (SaaS)-style architecture principles and a transparent, user-friendly solution.
Moms Avenue’s DAO structure is called Moms Congress. It will power transparent decision-making, including decisions on re-investment into the platform.
The M.O.M. tokens, or MOM tokens, are a key part of the platform. The tokens can be used to pay for all products or services on the platform. You can use them to pay for videos, articles, reviews, or content, for example, You can also use tokens to access paid services, access the marketplace, or post on the jobs board. Overall, MOM tokens are designed to create a self-sustainable ecosystem.
Moms Avenue Features
Some of the key features of the platform include:
- Directly connects entrepreneurs and consumers over a blockchain-based network
- Built on software as a service (SaaS) architecture ideas
- Freemium pricing model
- The MOM token, which can be used as a transparent reward, rating, and payment system
- Decentralized autonomous organization (DAO) called Moms Congress used to make any re-investment decisions into the platform
- A platform where sellers, buyers, employers, entrepreneurship teachers and learners, freelancers, and service providers can interact
The Moms Avenue ICO
The Moms Avenue token sale for MOM tokens will begin on December 11, 2017 with a pre-ICO. The token is an ERC20 token built on the Ethereum blockchain. There’s a total supply of 2,200,000,000 MOM tokens.
The pre-sale is scheduled for December 11 to December 25, 2017. 17,200,000 MOM tokens will be available during the pre-sale. 1 ETH = 8600 MOM during the pre-sale.
The general ICO, meanwhile, has a token supply of 862,800,000 MOM and a hard cap of 150,000 ETH. The date for the ICO has not yet been announced.
Who’s Behind Moms Avenue?
Moms Avenue was created by founder and CEO Evelina Bajorune, a mother of a daughter, and also an experienced business professional. Evelina currently works at Barclays Group Operations Lithuania. Other key members of the team include Milda Maslauskaite and Eglė Deksnyte.
Moms Avenue is headquartered in Tallinn, Estonia. The company was founded in 2017. Market research took place throughout mid-2017. Development is expected to continue throughout late 2017 and into 2018.
Moms Avenue Conclusion
Moms Avenue aims to create a social entrepreneurship platform for women. The platform creates a self-sustaining ecosystem of MOM tokens, where users can buy and sell products and services using MOM tokens. You can post offers on the Moms Avenue marketplace and jobs board. You can earn MOM tokens for leaving reviews.
The token sale for MOM tokens begins on December 11, 2017. The platform aims to cater to sellers, buyers, employers, entrepreneurship teachers and learners, freelancers, service providers, and more. There’s also a DAO-like structure that will manage reinvestments into the platform.
To learn more about Moms Avenue and how it works, visit online today at MomsAvenue.com.