What is your exit strategy? Does being the company the gives data control back to the consumer create a barriers for large companies (that love data) who might be potential acquirers?

Hi David. Our exit strategy is to continue the high rate of growth we are projecting for at least the next 5 years and entertain potential acquisitions from companies who would be able to leverage our patents and technology. While you are correct that large companies are data-hungry, they are also looking for innovations that address what the future with data privacy looks like beyond today's legislation. The control provided to the individual means that with trust, these companies have the a...

I'm curious if any of your brewery clients have been keyed in to this offering and whether any have decided to invest.

Thanks for asking William. We just launched the public campaign last week, and are in the process of reaching out to our brewery clients to solicit their investment.

Thanks for the response Paul. Any updates on progress there would be great insight, as that would be the ultimate validation of your product. I'm very interested as it seems to be a product with a lot of potential and you and Bill seem like good dudes. If you don't mind answer...

Thanks, William. Here are the answers. 1. Max investment is $900k this round. Because the contracts with the military pilots (and initial payment) came in this month (2 quarters earlier than we projected), we may close the round earlier than planned. 2. All existing debt holders are planning to convert to equity. Yes, some existing debt comes due in 2022, but our debt holders want to wait for the conversion event. We've been lucky (and selective) in taking on investors who want to go the dist...

For a 100$ investment how much stock do you get? How much stock are in existence?

Hi Jeremy. For this offer, you are investing in a convertible note, not actual stock. As a result, the value of the shares will not be determined until the convertible note converts. You can learn more about convertible notes here: https://www.fundera.com/blog/what-is-a-convertible-note . Let me know if this answers your question.

I like your business idea. It is a natural for blockchain. Have you considered looping in user earnings to increase adoption. This would be similar to what dimo.zone, and mapmetrics.org are doing for personal travel/driving information. So basically, the more data a user allow...

Mark - thanks for the suggestion. Since our founding, we looked at these spaces and chose to continue studying instead of jumping in. Here's why: there's a number of companies that focused specifically on token-based rewards/payments for data sharing, and all that we tracked are out of business or pivoted. In our case, we believe the data itself is as valuable as currency, and the benefits from a responsible offered by a company getting user-initiated access to an individual's data are reward...

GoBeep, Inc. Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Patent-pending blockchain platform to share and revoke personal information

6x increase in customer acquisition month-over-month for the last 3 months

Used by veterans and active-duty military to improve whole health and prevent suicide

Creates new revenue streams for hospitality customers via highly targeted marketing programs

Senate and celebrity endorsement for Life Aid based on GoBeep's technology

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Blockchain privacy from the software guy who built for restaurants and retailers

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