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.
Last modified 1yr ago