UpSocial
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Market Validation
Social Media Users = 4.48 billion
Total Spend on Digital Advertising in 2020 = $378.16
Billion Cryptocurrency Holders = 300 million
Total cryptocurrencies = 8000+
Total cryptocurrencies listed on major and mid-sized exchanges = 1600
Percentage of top cryptocurrencies with real use case = 36%
Percentage of Internet users via desktop = 41.36%
Average time spent on social media platforms = 145 minutes per day
Market Validation With Closest Competitor - Facebook
  • Total monthly active users = 4.5 Billion
  • Percentage of Desktop users = 98.5%
  • Average Session in day = 34 Minutes
  • Traction = 2.78 Billion active users
  • Total Funding (Now Meta) = $16.1 billion
  • Total valuation = $1 Trillion+
  • Security Issue: Hackers stole user data of 533 Million people. It was auctioned on the dark web.
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