Business activity : "The Validator" innovative start up || contest entry || innovative start up for solving problem

in Business Activity2 years ago (edited)

Introduction

Good dear dear business activity, today I'll be taking part in this contest where I discuss a tech startup which would solve a big problem we're facing our world today.

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As I was looking for a startup that would solve a huge problem, it resulted to zero ideas and it feels like I was in a Limbo. Anyway I was able to overcome and finally thought of a great startup.

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How I got my startup idea initiative

On the 26Th Of April, 2022, there was a big gambling investment forum called "86FB" that crashed and many Citizens (Nigerians) lost their income. Online Scams has become a trend in my country and everyday you hear of new online investment business.

With the high rise of these forums, it's hard for the average Nigerian to identify the legit ones from the scam. The Dearing question that everyone is asking now is, How Will I know If It's Legit Or Scam?

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The problem I wish to solve.

The problem I wish to solve is the fear of innocence Nigerians falling prey to fake online investment schemes which will result to lose of income and lead to depression.

Commons problems which I would solve are
I. Identification of fake investment schemes online.
II. Apprehension of individuals that run these fake/scam investment.
III. Shutting down these fake investment websites.

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How the proposed start up would work

The way this start up would work is very easy, Our company (The Validator) is a third party business forum that tests out any online investment, once we've done our research, we then contact the owners of such investment business, we'll make a contract With them that states out the consequences of running a fake investment schemes and we'll report it to the law if anything should happen.

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Source

If the contract was successful, we'll the advertise the business using various social media platforms to bring new investors into the business. As a result of doing this, we'll get a royalty rewards from every individual that joins the investment forum.

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Method in which this start up would operate

For this start up to reach its potential, it has to be integrated as an online business where users can choose different types of investment to embark on.

Naturally, when a user visit our site, he'll be ask to create an account, after a successful creation of it, he'll then see a list of open investment.
Note: All the investment forum there are third party and has been verified by our team of researchers.

With the user's peace of mind that the business is legitimate, he/she can safely partake in it with ease.

If any other investment forum wants to begin there business, they have to sign a contract with us for it to be listed in our site.

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Advantages

Trust Guaranteed

The Validator, is a business that needs trust among users and investment forums, if there's no trust between the two parties, then there won't be any business which will save inventors money.

Increase online investment

If this start up is successfully, then the number of users embarking into online investment will be greatly increased. This could mean more profit for our business.

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Disadvantage

The Validator, is a like a middle man to investment platform and Investors which mean we rely on the investment forums to legit and secure so that investors can join and we'll get our rewards. Is there are less legit forums out there then we'll not make profit to pay our employees.

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Final Note

After sharing this, I hope to pursue this kind of business for the benefits of Nigerians out there. I would also love to hear your opinions concerning this start up in the comments section. Thanks for reading ⭐

I would like to invite @swaylee @chikezie4l @weasell to participate in this contest.

My Business Detail

Business name:Ronin Graphix
Owner's name:@ronindboss
Business address:Barnawa, Kaduna State, Nigeria
About Business Activity Community:Link

Note: 10% To Community Account

Cc, @cindycam

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 2 years ago 

Good article and you have chosen a problem most investors face around the world and your solution is also good in my opinion. Thank you for the invite

Your post has been successfully curated by our team via @nane15 at 50%. Thank you for your committed efforts, we invite you to do more and keep posting high quality posts for a chance to win valuable upvotes from our team of curators and probable selection for an additional upvote later this week in the Top Seven.

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 2 years ago 

Hello, thank you for your innovative business idea according to the technological field and what you are facing for investment games.

A new idea can always be the result of business success and help those who face this day by day.


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@ronindboss

Add the reference source of the image in the form and free of copyright, correct:

Greetings.

 2 years ago 

The site I got the image was also used by another site but I've corrected it. Thanks

Online scams have become more and more, putting the credibility of companies at the mercy of luck.

Your innovative idea will help refine or improve these areas without a doubt, making your credibility clear.

Thank you for your participation, good luck, greetings!

 2 years ago 

Thanks for your comment ⭐

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