The app for this project was developed after the founders discovered that many parties are often organized via Facebook and WhatsApp. However, the main issue with this is that organizers usually end up losing control over who can come to the party. In the US, there are over 30 million people between 19 to 25 years. In Germany, there are 12 million between 18 to 30 years and in the UK, there are 11 million.
About Squader SquadCoin
Squader will allow users to come up with private parties. These parties will then be shown to those within the vicinity of the creator. However, the location of the party will be hidden. Those who wish to attend must apply using the profile on Squader. The host then gets notifications with the profiles of those who wish to attend. This will include an image, their description, and reviews they have received in the past. The host then gets to pick who can come to their party.
The Squader App
This app is targeted at young people. This is quite a large demographic that numbers into millions. This app is already on Android and iOS and is multilingual. Thus far, it has gotten over 10 thousand downloads.
Right now, there is no app that offers similar features to this app. However, the creators need cash to promote the app.
The app connects people who want to party together, but they do not know how close they are to each other. It is also possible to create public parties with the address being visible to everyone. Besides posting parties, it allows private messaging, chat rooms for every party, a rating system, and even creation of a friend list.
The coins can be used to pay for premium features within the application. The coins can be used to pay the app itself to send push notifications to those close to the area of the party. This way, a party will get more attendees.
Squader SquadCoin ICO
The ICO is going to facilitate the large ad campaign for this application. The aim is to reach out to millions of young people. Unlike many other ICOs, this is not just a concept. In fact, there is already a working application for iOS and Android. 100,000 SquadCoins will cost 1ETH. At the end of the ICO, the unsold coins will be locked for 5 years. There will be a total coin supply of 8 billion SquadCoins. The ICO will launch on April 29, 2018, and conclude on June 10, 2018.
- Token Symbol:
- Token Sale Starts: April 29, 2018
- Token Sale Ends: June 10, 2018
- Token Price: 1 ETH = 100.000 SquadCoins
- Total Supply: 8 Billion
There are going to be three bonus periods for this ICO as follows:
- Bonus period 1 – 100 % for 2 weeks
- Bonus period 2 – 50 % for 2 weeks
- Bonus period 3 – 20 % for 2 weeks
The Marketing Plan
It is quite important that the app achieve a high user density, especially in major cities where people are always looking for a good private party. The marketing campaign will target apps with a similar audience to Sqauder. This will include dating sites, social media, many others.