The app that pays you money in exchange for using your local storage space from your phone, ipad or pc.
Business overview
Location | Barcelona, Spain |
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Social media | |
Website | hello.app |
Sectors | SaaS/PaaS Digital Mixed B2B/B2C |
Company number | b44725299 |
Incorporation date | 5 Feb 2023 |
Investment summary
Business highlights
- 170.000 users and 1M visits in 6 months
- Investments from Castiventures and Bcombinator
- 200 Billion Market Size
- Pioneering the decentralized data storage market
Pitch
About the Campaign
Everything you see on the internet is 0s and 1s, and whoever controls where these 0s and 1s are kept controls the internet.
Nowadays, Google, Microsoft and Amazon are the ones that control this $200 Billion market.
That is why we are building a decentralized storage network based on existing hardware like phones, iPads and laptops.
We are an app that pays you money in exchange for using your local storage space from your phone, iPad or laptop.
Business Model
We are like an Airbnb of data storage, meaning that we connect companies that want extra cloud storage space with individuals that share their device's unused storage space.
Our business model is simple: a business pays us, for example, $1000, we take a fee of approx 30%, and the remaining amount (700$) is used to pay all the people that have the app and are sharing with our network some of their storage space.
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