The Kitty App is an application built to help groups of people pool money together for a common purpose.
Our customers are everyday people going to dinner with friends, having neighborhood parties, putting on events, and interacting with each other. We want to help make it easier not just to interact (with our in group messaging) but also to share funds through the blockchain. We think people should be able to pool money together for a common purpose, see the balance, invite friends, and ultimately spend the money with their very own virtual card anywhere you can use Apple Pay, Google Pay, or any major credit card. Users can create groups or events, communicate, share funds, and spend those funds all within one, simple to use platform.
Revenue comes from small fees charged for depositing funds, strategic advertising and minimal group/event creation fees. We project to be cash flow positive in 1 year with growth to over $6mm total yearly revenue by 2025.
(This financial model has been prepared and adjusted by a financial expert in the industry during the completion of our Due Diligence).
We are currently reviewing a white label, software integration development with apps like Team Snap for youth sports.
The app is finished, beta tested and we have solid pre-launch market traction with local schools, athletic clubs, fundraising groups and the community.
We have raised $50k so far and will use the raised funds for product development, marketing and labor. Our customers are everyday people going to dinner with friends, having neighborhood parties, putting on events, and interacting with each other. We want to help make it easier not just to interact (with our in group messaging) but also to share funds through the blockchain. We think people should be able to pool money together for a common purpose, see the balance, invite friends, and ultimately spend the money with their very own virtual card. Users can create groups or events, communicate, share funds, and spend those funds all in from one platform.
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