The Challenge

  • Untapped Monetization Potential: Despite X’s vibrant digital ecosystem, influencers, creators, and users seeking a simple side hustle face significant barriers in monetizing their expertise or insights directly through audio and video consultations. This limitation curtails the full potential of creative and professional engagements on the platform.

  • Inefficiencies in Time Management and Billing: The absence of an integrated system for accurately tracking consultation durations, taking payments for calls or simply processing invoices efficiently presents a major bottleneck, affecting a broad spectrum of X’s user base. This gap complicates the transition from casual interactions to professional consultations.

  • Lack of Call Differentiation: The current platform does not clearly distinguish between professional and personal calls, complicating users' ability to navigate and optimize revenue opportunities. This ambiguity undermines potential earnings and professional relationship management on X.

Market Opportunity

  • Untapped Potential: With over 420 million monthly active X users globally and no direct competition in social media platforms, X addresses a clear gap in the market.

  • Massive TAM: Estimated $210 billion Total Available Market, driven by the need for professional call management and monetization calling solutions for creators, influencers and for a side hustle.

The Solution

  • Earnings Empowerment: Users set their rates, defining the value of their time and expertise.

  • Transparency & Efficiency: Clear, upfront rate setting facilitates smooth transactions. Automatic time logging simplifies billing and payment.

  • Privacy & Separation: Enables professionals and creators to keep personal and professional communications distinct, ensuring privacy and organization.

  • Innovative Features: Includes real-time invoicing, instant payment, and an availability window for scheduling calls, addressing key needs of creators, influencers and professionals.

Enhanced recommendation algorithms, and new features that leverage AI to add value for X users:

  • X Cloud AI and Machine Learning Integration: Utilizing X's AI services, Smart Matching System connects professionals with clients using sophisticated algorithms that analyze user behavior, preferences, and interaction history for highly personalized recommendations.

  • Predictive Scheduling with X AI: By integrating with X's advanced machine learning models, X predicts optimal scheduling for consultations. This feature considers global time zones, individual availability, and historical scheduling data, all processed through X's AI to ensure seamless appointment setting.

  • Dynamic Pricing Powered by X's AI: Leveraging X's market analysis capabilities, X provides dynamic pricing suggestions based on real-time data analytics. This ensures professionals on the X platform price their services competitively, maximizing their revenue potential while staying ahead of market trends.

  • Insights with X Analytics AI: Offers detailed analytics powered by X Analytics' AI, giving users actionable insights into their performance, audience engagement, and revenue trends. This integration allows professionals to make data-driven decisions to optimize their offerings on the platform.

  • Automated Invoice Management Using X AI: Incorporating X's AI to automate and streamline the invoicing and payment follow-up process, significantly reduces administrative tasks for users, allowing them to focus more on delivering value and less on paperwork.

Business Model

  • Revenue Sharing & Subscriptions: A combination of commission on consultations, and subscription models, ensures steady revenue while providing monetary value to users.

  • Segmented Pricing: Catering to various professional needs and ensuring accessibility for all users.

Marketing & Promotion

  • Targeted Outreach: Engaging professionals through social media campaigns, strategic partnerships, and influencer collaborations.

  • Building Brand Presence: Leveraging user testimonials and success stories to highlight the impact of this enhancement of X audio and video calling..

Competition & Copycats & Building Moats

  • Market Differentiation: X enhances audio and video calls with monetization in mind, integrating time tracking, invoicing, payment, and call management directly on the platform.

  • Advanced Features: X distinguishes itself by prioritizing efficiency and enhancing users' earning potential.

  • X Prepaid Mastercard: X's Prepaid Mastercard stands out by enabling immediate earnings transfers to bank accounts, significantly enhancing value for users. The upcoming X Pay, set to launch in 2024, will further strengthen X's payment digital ecosystem and elevate the already innovative Prepaid card feature.

  • Simplified Monetization: Unlike competitors that require external platforms like Patreon or Ko-fi for monetizing services, X centralizes and simplifies the monetization process.

Traction

  • Global Testing Success: Demonstrated capability with successful tests of video and audio calling in diverse markets including France, Thailand, Pakistan and India, indicating readiness for broad adoption.

  • Patent Recognition & User Adoption: Early achievements include Australian patent recognition and positive user feedback, underscoring innovation and market fit with X.

Team

  • Experienced Leadership: Our team combines expertise in technology, business, and social media.

Investment Appeal

  • Asking for $1M Investment: For scaling operations, accelerating market capture, and further product development.

  • Offer: Competitive equity stake, inviting investors to join a high-potential venture at the blazing tip of social media monetization.

  • Partnership / licensing / buy-out: Licensing, partnership or ownership agreement with X.

  • Monthly Active Users (MAU): X 420 million, LinkedIn 310 million, YouTube 2.4 billion, Instagram 2 billion, WhatsApp 2.8 billion, Rumble 60 million, Truth Social 2 million, et al.

Use of Funds

  • Product Development: Enhancing functionality and user experience testing of video and audio calling in diverse markets including USA, Australia, Europe, Tanzania and Argentina slated for 2024.

  • Marketing & Expansion: Growing our user base and establishing Bancc as the leading solution in professional social media monetization.

Conclusion

Join Us: Be part of the revolution in professional monetization on social media. Together, we can capture this untapped market, delivering unparalleled value to creators, influencers and professionals worldwide.

N.B. Going beyond X — Considering the vast number of smartphone users globally, imagine tapping into this with a monetization feature. With about 6.9 billion users as of December 2023, a 15% revenue cut from 2 billion iPhone and 4.8 billion Android users engaging in just 5 minutes of paid consultations daily at USD $5 per session, the potential annual revenue is staggering:

- For iPhones, 15% of USD $3.7 trillion equals an additional USD $568 billion annually for Apple.
- For Androids, 15% of USD $9.1 trillion equals an additional USD $1.3 trillion annually, distributed among major manufacturers like Samsung, Xiaomi, Vivo, and others.

This presents a monumental revenue opportunity from daily short consultations across the globe.