Question 1

What is your business plan?

Accepted Answer

Hi Janelle, Sorry for the delay. We plan to develop through specialized communities and ambassadors. This will allow us to quickly gain a critical number of users in order to achieve a viral effect. By the way, the theme with ambassadors has already proven its effectiveness in MVP testing; on average, an ambassador attracted 10 new users per month. By the time the main version of the application is launched, we plan to prepare at least 500 new ambassadors in the US. The main priority for us a...

Question 2

Hi..what is the Roi??

Accepted Answer

Hi George. The ROI will depend on our future valuation. We have some future revenue estimates you can take a look at our pitch deck - you would need to for your own opinion as to what the future value of the company would be if we hit those revenue targets. A SPAC, IPO or sale of the company are three possible liquidity alternatives in the future.

Question 3

What is the price of each share purchase?

Accepted Answer

Thanks for your investment into InCon. That is a good question. The number of shares and the price you receive is determined at the next priced financing when professional investors – typically venture capitalists – set the price for preferred stock. Then, calculated by using the Valuation Cap and the Discount Rate, your SAFE often converts into shares at a lower price than the venture capitalists paid, since you invested earlier. Here is a good link to help.wefunder.com/#/contracts

Question 4

If you have a good network on Facebook or LinkedIn you can always ask people for a referral/recommendation. Why would InCon stand out and attract users, and importantly paying customers?

Accepted Answer

It's a good question, as you can see in Facebook or Linkedin, even if you have 100-200 friends it's hard to find right expert or recommendation (as you know, the more friends become, the less attention to all posts in the news feed). People doesn't read the news feed. In our case you can see the professional value and goals immediately without spending time for reading news feed, messages in general chats and and you do not need to disturb your friends and waste time to find a recommendation.

Question 5

What will be the pricing levels for users? 1) how much will a monthly subscription cost? 2) How much for a 1 yr membership cost? 3) 3 yr 4) will there be different levels of membership? 5) Can you "earn" an upgrade with come internal cryptocurrency from referring others, or so...

Accepted Answer

Hi Andrew, thanks for you interest and questions. 1) For b2c users: $15 - 1 month; $40 - 3 months; $72 - 6 months. For b2b users: $60 - 3 months; $84 - 6 months. 2), 3), 4) We don't giving membership, it's not community. 5) Currently we do not planning to include cryptocurrency, we have some idea about it, maybe in the future will do it. Gamification also will be in the app for increase attention.

InCon

Credibility-Based Networking Platform

$53,100

InCon

Quick facts

Team profiles

$53,100

Ask