Upload
peerspring
View
11.843
Download
2
Tags:
Embed Size (px)
DESCRIPTION
GoCoin Deck
Citation preview
Digital Currency Payments Platform for Internet Operators & Merchants Steve Beauregard
[email protected] +1-310-980-9677www.gocoin.com
Business Model
1. SaaS platform enabling merchants to increase revenues and decrease expenses by accepting Bitcoin and emerging digital currency as forms of payment
2. Insulate merchant operators from the complexity and volatility of Bitcoin by settling payments in their preferred fiat currency (USD, EUR, GBP)
3. Revenue from fees per transaction, retail sale of coins, coin arbitrage and/or tiered monthly feesFocus on “Use Cases” where people will buy
Bitcoin simply for use in a transaction
Coin to Cash Flow
Cash to coin model opens added revenue stream
GoCoin Multi-Currency by DesignCoin /
ProcessorFuture
Alt-Coins
Speculators hold Bitcoin, Alt-coins are SPENT!…and we have the best insight in the business!
Alt-Coin Traders are Betting
Profile of gamers lines up perfectly with coin traders
Operator Benefits are Compelling Competitive
Advantage
Low Transaction Fees
No Per Transaction Fee
No Chargebacks
No Fraud
No International Fees
No MCC Restrictions
No PCI Compliance
No Regional Restrictions
Digital Currencies should be a merchant’s top choice of payment methods and they should be strategic to change customer habits!
GoCoin Merchants Adding 100+ Weekly
Strong Commercial Pipeline
MERCHANTS
Discussion Stage153,000 Transaction$25M Monthly Turnover
PROSPECTS
Negotiation Stage100,000 Transaction$18M Monthly Turnover
Integration Stage55,000 Transaction$6M Monthly Turnover
GOING LIVE14,000 Transaction$1.5M Monthly Turnover
2nd Movers Have Superior Tech• Digital Currency Agnostic Platform • High volume & scalable architecture• Customizable, data configurable payment
forms • Full double entry accounting system• Restful API’s fully separated from dashboard
layer• No hot-keys in the production environment• DDoS resistant architecture• Account Top-up via SMS or email–
Demo Click HereLaunched well after competition with full visibility to their weaknesses
Lean Operations on $1.5MQuarter Merchants Transaction Turnover
Q1 (Actual) 150 380 $575K*
Q2 (Actual) 642 2,012 $800K
Q3 (Projected) 2,600 10,600 $3.2M
Q4 (Projected) 5,000 21,000 $6.3M
Year (projected) 5,000 34,000 $10.9M
Q/Q GROWTH Avg 340% 420% 250%*
*Note: Q1 Average Transaction Value higher due to large $ mining hardware sales
Need Capital to Scale Operations• Series A - $1.5M at $11.5M Post (March
2014)• Raising $1M Bridge Note (Today)• Series B – Raising $10 - $15M (est. Oct –
Nov)
Use of funds: 1. Global expansion & sales force2. Engineering depth to speed-up integrations3. Building out vertical solutions4. Digital marketing & social campaigns
Team Experience MattersName Role History
Steve Beauregard CEO & Co-Founder
Startup Entrepreneur eCommerce & Mobile DIRECTV, Sony Pictures, Honda, BlackBerry, LuxeYard, Cal-Xelerator, Wells Fargo Bank, AT&T, T-Mobile, Johns Hopkins University
Margot Ritcher CFO VP International Business Systems DIRECTV, XM Radio, CFO Paycom payment processor, 4X CFO of public and private corporations w/ compliance & regulatory experience
Darren Rush CTO Open source evangelist and serial entrepreneur GrantIQ, Breitbart, Koders (acquired by Blackduck), Pose mobile, Teleo (acquired by Microsoft), Tivix, Telinet
Brock Pierce Chairman & Co-Founder
Elected to Bitcoin Foundation Industry Board Seat Jun14, “Father of Virtual Currency” w/ 15X Startups in the space; Expresscoin, Mastercoin, Playsino, Xfire, Five Delta, ZAM. Acquired 30 companies and sits on 7 boards
William Quigley Board Managing Director Clearstone Ventures – VC for PayPal, Overture.com, Titan Gaming, AOptix, Meru Networks. Formerly IdeaLabs, Disney, Arthur Andersen, Harvard Business School
Gene Berger Board Singapore VC, former IDM Ventures, PlayFast, CYBERPLAT.COM, Gigafone
Name Photo History
Owen Van Natta Former COO Facebook & 7 year Senior VP Amazon,
Bill Lee Angel Investor Tesla Motors, SpaceX, Yammer, HootSuite
Crypto Currency Partners
15 Savvy professional investors & Bitcoin Entrepreneurs
Bitcoin Shop, Inc (OTC BTCS)
US Publicly traded Bitcoin eCommerce site
Mikael Pawlo CEO of Mr. Green licensed online casino
500 Startup Silicon Valley Accelerator and seed investor
High Caliber Seed Investors
Steve Beauregard Founder & CEO [email protected]+1-310-980-9677 Linkedin.com/in/sbeauTwitter: @GoCoin @GoCoin CEO
Digital Currency Payments Platform
Thank you!
Future Services Competitive Adavantage
Digital Currency Payment today, value add services with new revenue streams tomorrow!
• Digital Currency Payouts• KYC Retail Coin Sales – Competitive Advantage• Escrow Services for consumer protection• Payroll & Supply Chain payments in digital
currency• KYC Services (i.e. Experian for digital currency)• Affiliate Marketing & Loyalty Services