Investor Update — October
30 days since launch of the mobile-app Alpha version and Pozzle Planet has rocketed to highly engaged Daily Active Users (DAU)
Pozzle Planet is an ‘Impact to Earn’ social-video app being developed for Web 3.0, where users can join and share positive activities via short-form video, and through that, impact the world around them.
Pozzle Planet’s mission is to create a pozitive world. We’ll achieve this through a social network that gives universal access to meaningful income for doing everyday activities that have a positive impact.
The project is led by a core team established in August 2021 with 3 cofounders including LadyPozzle, an aerospace engineer and former exec fighting climate change at the world’s largest renewable energy company managing a top line of $12 billion+ and a product development portfolio $600m+ annually. More on the team here.
30 days of Alpha launch
After 10 months of non-stop building and prototyping since publishing our Purplepaper in January, we launched the first Alpha version 1.0 of the Pozzle Planet mobile-app on Android & iOS to our most dedicated community members by invite-only to TestFlight and Firebase, to the great excitement of our initial test community of Pozzlenaut NFT holders.
The first 30 days since launch have shown clear signs of high retention and engagement: over 1k+ Pozzle videos have been added, 20%+ of downloads converted to Daily Active Users, and 70%+ of initial downloads were active in the last 7 days.
The dev team are intensively pushing updates and achieved an Alpha version 1.8 release to users last week, closing almost 100 tickets across the month and several revisions of the UX/UI based on feedback from the test community.
Read more about what’s LIVE on the Alpha v1.5+ and the upcoming features here.
In the last 30 days we:
- Launched mobile-app to Alpha testers and advanced through Alpha 1.0, 1.5, 1.8 and almost 2.0
- 200+ accounts created; 20–25% converted to Daily Active Users DAU after 30 days and 60–70% retention (n=30days)
- Flew past 1k+ Pozzle videos added in the app (avg. 40 per day)
- Recruited 3 new full-time devs on mobile-platform, filling the mobile platform team to 3 FTEs + 3 PTEs
- Deployed our POZ token bonding smart contract to Testnet
- Received a ‘Builders Grant’ from Toucan Protocol sponsored by Coinbase Giving
- Received funding from 60+ contributors in Gitcoin’s GR15 grant round
Grant awarded by Toucan Protocol
We are thrilled to announce that we have received a Builders Grant from Toucan Protocol to support our overall development and integration of their ‘Nature Carbon Tonne’ (NCT) impact-token into our protocol. The grant program is a collaboration with Coinbase Giving to support founders building novel products utilising Toucan’s infrastructure of programmable carbon to create climate positive web 3.0 applications.
Whilst nurturing our existing 500+ Pozzlenaut NFT holders and 4k+ Discord community, our user-growth activities for the mobile-app are focused on acquisition through the activation of 25+ partnerships with existing projects and communities at the intersection of sustainability and web 3.0.
Coming up for October:
- Mobile-app Alpha releases v2.0, 2.5, 3.0 and towards Beta 1.0
- Initiate marketing campaign ‘10k acts of pozitivity’
- Aiming for 10k+ Pozzle videos added and 200+ DAU
- Deploy new POZ token contract to Testnet and prepare for launch
- Auditing of smart contracts
- Bonding app beta launch for POZ token pre-sales
We’ve recently onboarded 3 full-time developers for the mobile platform to add speed to the existing dev team who have been dedicated across the year to advancing the mobile-app, web-apps and smart contracts for the protocol.
With the Alpha in market we are actively raising a round of $800k to add runway and boost velocity by bringing on developers with full-time commitment. Part of the raise will also provide liquidity for the initial backing of our POZ token to launch it on Sushiswap and then hit the App Store and Google Play within the year.
Goals before the end of the year:
- Launch Bonding web-app for POZ token pre-sales (Nov)
- Launch POZ liquidity on Polygon and Sushiswap (Dec)
- Launch Pozzle Planet mobile-app Beta to App Store & Google Play (Dec)
- 2,000+ Daily Active Users (DAU)
For more information on the raise see our pitch deck.
If you’re interested in investing in Pozzle Planet please get in touch to setup a call with our cofounder Thomas Bisballe.
Create A Planet You Want. www.pozzleplanet.com