Introduction
Whether it’s Mike Tyson’s chatroom ‘Tyson’s Topics’, TV shows, sports, cannabis, or anything in between, Relevnt enables users to instantly connect and interact with the people and things they are passionate about without unnecessary limitations. This is accomplished through live, pop-up chatrooms which are uniquely personalized by timeframes, interests and geolocation. While Relevnt offers users the ability to create and participate in media-rich permanent chatrooms, the company’s trailblazing moves in group messaging have also enabled ephemeral pop-up chatrooms. Content can come and go, or stay forever, it’s completely up to the creator.
With a rapidly growing pipeline of innovative features, functionality and content, Relevnt is where inclusive community and entertainment meet empowerment. Users can be moderators and participants can become creators, instantly. With Relevnt, no extra equipment is needed to podcast live, no invites are required to participate, and the app makes it easy to explore and create. Relevnt is free and available on the App Store and Google Play.
problem
Group messaging apps such as Facebook Messenger, Discord, and GroupMe are constantly ranked in the Top 20 apps in the social categories on the App Store and Google Play. But, with cancel culture pearing behind every corner and unnecessary censorship increasing daily, users and creators alike are finding it harder and harder to speak freely without the fear of being canceled.
solution
Relevnt is changing cancel culture to CONVERSATION CULTURE! Given how social media has ushered in the corrosive side effects of cancel culture and excessive censorship, an ephemeral group messaging platform with content that will automatically disappear provides a clear and timely solution to this problem. Our new “Live Now” conversation feed is the ideal community and monetization experience for aggregating large audiences around topical settings within specific timeframes for live sporting events, conventions and festivals, celebrity drop-ins, trending topics, breaking news, and more. While our “permanent chatrooms” have a unique, media-rich feature set compared to other messaging apps, we’re working to move the $100B+ group messaging market to the next level with one of the first modalities around “ephemeral pop-up chatrooms”.
business model
Future Monetization Opportunities
(These features are currently under development & may be subject to change)
- Sponsored Pinned Links — Pinned links offer TOP LINE paid advertisement in chatrooms by placing static banner ads at the top of the chat feed. Pinned links are great for product or service promotions, special announcements, and exclusive discounts offered only on Relevnt. Additionally, we plan for monetization opportunities to be made available to chatroom Hosts based on the income generated from the paid advertiser.
- Donations — Users will be able to earn or purchase coins that can be spent and given as “virtual gifts'' to hosts during live podcasts. Each user will have a Relevnt Wallet where coins earned or purchased will be saved. Coins can be earned based on specific activities or actions in the app or purchased in coin packages. Relevnt coin values are based on a point system wherein every action in the app has a set point value. Chatroom Hosts can convert these virtual gifts or donations into cash.
- Content Subscription — Chatroom Hosts will have the ability to create subscription-based content that allows users access to content through monthly subscription fees set by the creator. Content subscriptions will range from $1 - $10 and allow Hosts to limit free content users browse and provide monetization opportunities for popular Hosts.
market
Market Drivers
- Top Down
Leverage Strategic Influencer Partnership With Mike Tyson To Accelerate Broad Adoption — we’re launching our strategic influencer partnership with Mike Tyson. By leveraging Mike’s near 50mm+ social media following, we’re attracting other notable personalities and media partners to further accelerate our initial growth across the globe.
- Bottoms Up
Build Upon Strong Grassroots Adoption With College Demographic — with a solid team in place, we’ve built the content foundation of the app organically with our “Relevnt Originals”. This is a curated collection of interest-driven chatrooms surrounding sports, cannabis, female empowerment, relationships, movies, music, crypto, travel, food, politics, and more. Central to this initial wave and without the positive impact of any notable influencers, we’ve leveraged Handshake, the college-based job recruiter app, to enlist a broad group of college interns to drive curated content creation and user engagement at virtually no cost.
competitive landscape
success to date
"Social proof" has also been achieved with over 40k users and an average of 86k monthly chat messages (up 380% over PY.) with zero direct marketing spend.
Testimonials
press
- TechBullion
The Group Messaging App That Allows Users to Speak Up With Less Fear of Cancellation - Forbes
Next Gen Live Audio App Targets Gen Z Fashion Creators - Disrupt Magazine
Messaging Apps are Spurring the Greatest Adoption of Crypto We've Yet Seen - KnowTechie
Super Messaging Apps are the Future of Online Communication - Home Business Magazine
The Next Evolution in the Mobile App Landscape is on the Horizon - International Policy Digest
Are Super Apps the Future of Online Messaging?
team
Board Members
Leadership Team Members
Use of Proceeds
If the offering's maximum amount of $1,070,000 is raised:
| Use | Value | % of Proceeds |
|---|---|---|
| Network & Admin | $160,500 | 15.0% |
| Tech & Creative Development | $385,200 | 36.0% |
| In-house Content Marketing | $267,500 | 25.0% |
| Third Party Influencer Marketing | $107,000 | 10.0% |
| Direct-to-Consumer Marketing | $97,370 | 9.1% |
| Intermediary fees | $52,430 | 4.9% |
Terms
This is an offering of Common Stock, under registration exemption 4(a)(6), in Relevnt, Inc.. This offering must raise at least $10,000 by November 28, 2022 at 9:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Relevnt may issue additional securities to raise up to $1,070,000, the offering’s maximum.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Nov 29, 2022Primary offering finalized, selling shares
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