The Builders — Founders Spotlight: NeoPlace
Describe NeoPlace in one sentence:
The cheaper, more transparent and more secure e-commerce solution for cross-border e-sellers, thanks to a Blockchain protocol and use of cryptocurrency.
Now please tell us more specifically what NeoPlace does:
We use Blockchain to lower cost barriers and increase protection and transparency for small sellers, and help them reach consumers directly, anywhere in the world. By providing an entire suite of open resources (shop builder, multiple connection options for e-shops) and several avenues for users to earn and spend cryptos, we aim to solve the problems existing in traditional e-commerce platforms, such as high platform fees, lack of security and fake buyer and seller profiles & comments.
We are strongly convinced that we can solve major issues for e-commerce in Asia, and bring efficiency and life-changing value for many operators in Asia.
What inspired you to start NeoPlace?
Robert and Roland Srong are two brothers, they are computer scientists with significant experience in financial software, and they are also early adopters of blockchain technology. After seeing how e-commerce activities developed and changed people’s life in Asia, but there are still problems existing, so they want to create a revolutionary product with blockchain — a platform provides equal chance and easy access for everyone to use. They worked on this idea until they found a technical breakthrough and built a team to executed. It’s been 18 months that we’ve worked towards the same goal and we all have strong work ethics.
What has NeoPlace achieved so far?
- 2 fully functional MVPs on mobile and web, several months before starting fundraising: http://neoplace.io/mvp
- Winning the Paris pitching competition of Blockshow Europe
- We partnered with Wanchain for a strategic long term collaboration, a chinese giant Blockchain project.
- We secured our first big seller: Coldlar, a chinese cryptocurrency hardware wallet, Ledger competitor.
- We have been selected to interview at Y Combinator, the best worldwide incubator.
- We have been selected to be among the 5 selected finalists of Asia Financial Society’s big contest
What do you hope to accomplish within the next few months?
- Onboard 1000 sellers on our NeoPlace Market platforms
- Deploy our platform on Wanchain (as opposed to only Ethereum & IPFS today) to expand our ecosystem horizontally and more widely
- Build the eshop builder to facilitate the eshop building procedure for everyone
Give us 3 tips for people who are doing/plan to do an ICO?
- Get the right team as early as you can, at any cost
- Focus on achievable targets and be transparent and traceable about progress
- Find smart money: investors who understand and appreciate the value you are creating in your space
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