Question 1

I'm very interested in investing; I think the need for the app has not been met well by others. My question is can you share any performance data or metrics/financials such as MRR or other revenue that can assist in understanding where the company is in its maturity relative t...

Accepted Answer

Marc, we appreciate your interest and questions. First, we agree that there is a real need in this market segment for the right app done well. KALiiN is designed to bring order and mindfulness to the chaos of daily life and business activities. Secondly, we have just begun to implement the first two revenue streams: Mobile Advertising and Affiliate programs. Download the app and press on the “Bird’s Eyes” – the white triangles with red dots. Press three times to cycle through the current proc...

Question 2

What make this application has a 10M valuation? I'm interested in this concept. You have mentioned that the company has already raised $475,000, what have you done with the raise money?

Accepted Answer

Valuation: Prior to our placement of KALiiN into the WeFunder program, KALiiN had a pre-money valuation of $5M USD, based on Angel Investor moneys for ownership -One Point of KALiiN for $50k. Since that $5M valuation, the following key items have occurred: 1) We finalized all integrations to the major event platforms. No one else can do this. It is possible that this function could be spun off into its own product offer. We have that under consideration. 2) We implemented the KALiiN Konnect f...

Question 3

I noticed you are in Memphis, Bucharest and Lagos, what other past projects has VARANIDEA completed?

Accepted Answer

Robert, our primary office is in Memphis. KALiiN is our flagship application, but we have a game we have developed, which will be released in a few months. We have also done specific project work for several companies in the area of video, digital marketing and website development.

Question 4

There is a home server/ data privacy device being developed called a Daplie, I have bought one of their home kits. Its obvious how is can remain my own data as I own the hardware and can firewall it. In the case of the KALiiN how do you maintain the integrity of personal data?...

Accepted Answer

Gavin, good question. KALiiN for average users lives in the cloud. IF you do not want any data collected, then you would select the No Ads / No Data collection option. This feature will be a monthly fee of $3.99. We have not delivered this option to the market yet, but plan to once we receive sufficient funding. The objective is to have YOU in control of your data. We do have a very secure cloud based environment. We are in the process of integrating SertintyONE's security application into KA...

Question 5

You speak of privacy of users and yet you speak of advertising revenue. Does that not mean that advertisers will know something about users and target them in specific ways? Your revenue -- at least one -- seems at variance with your privacy claims.

Accepted Answer

P Barbonis, very good question. Let me clarify three key points. First of all, KALiiN is designed to interact on your behalf with Advertisers. As we build out KALiiN's Native Behavioral Advertising environment, you will receive relevant advertising to you, but you will not have your personal data revealed to the advertiser until YOU chose to interact with the advertiser. Your privacy is protect. Secondly, we will NEVER reveal personal identifiable data of a user (i.e. name, address, phone num...

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