Founding a dating app based on "web3 x statistics (divination)" in India 🙏🇮🇳

Hello everyone. I know the title is suspicious x 3 (lol), but I would like to take this opportunity to share with you about the entrepreneurial theme that I am planning to try this time.

1.Six months after moving to India

It has been about six months since we sent out this article. After moving here, I dove into the local web3 ecosystem, working as a web3 YouTuber and participating in community events to explore entrepreneurial themes.

However, when I went to events and greeted Indian people who had started products they believed in and were taking on challenges,I was always asked the question, "What are u doing?" I always had no product of my own and could only give a fluffy answer, which left me feeling frustrated, embarrassed, and tired of the dialogue. I had no idea what I was going to do, but I had no idea what the theme of my life was going to be, and I was afraid of the imminent end of my life. The year before last, I was told by my doctor that I might have 10 years to live, and I wondered how I would spend the next 3,650 days. I was so tense and nervous about whether it was really worth it that I decided to only throw the best pitches, and I had become a hitter who was constantly looking away from the strike zone. What triggered me was a meeting with Mr. Sasai, the supreme leader of Indian Buddhism, which I wrote about in an article the other day. I was able to witness the way of life of Mr. Sasai, who lives each day with altruism, facing each person in front of him, and living life to the fullest to the death. I felt as if I were being confronted with the question, "How do I live? I also realized the importance of starting small by doing what you can to please the people in front of you, based on altruism.

Then, at the end of last year, I thought a lot about it and wondered what I, a hyperactive person who gets bored easily, had liked and continued to do for a long time. I have been playing soccer, futsal, bicycling, traveling abroad, etc., but I noticed one thing that I have been doing for about 10 years without getting paid for it. It is a Chinese-derived statistical method (fortune-telling) called "Four Pillars Fortune Telling. Over the past 10 years, I have consulted with about 600 friends and acquaintances, mainly in the area of love. (Ex: I want you to check my compatibility with my current boyfriend. I would like to know what kind of personality this person I met at a blind date has. I'm thinking of hiring this person, but what kind of characteristics does he/she have, etc.)

Then, an Indian developer I met last summer reminded me of the issues with the UX of Indian dating apps (too many cherry-picked matches, lack of values, etc.), and I thought my knowledge and experience might be a solution, so I decided to pursue the idea. When I hear the word "fortune-telling," my reflex is to think of "fortune-telling. Some people may reflexively think that "fortune-telling" has no scientific basis and sounds suspicious, so I would like to add a few words just in case.

2.What is Four Pillars of Inference?

It is a type of statistics that derives personal characteristics based on the date of birth, which has been repeatedly hypothesized and verified in ancient China since the 1100's. It is a type of statistics that derives personal characteristics based on the date of birth. It is a type of statistics that derives personal characteristics based on the date of birth, a hypothesis that has been repeatedly tested in ancient China since the 1100's. It can be analyzed precisely because there are 216,000 personal graphs based on the date of birth, or 12,960,000 if the time is known. It was originally used as a parliamentary and military formation tool. The system is based on 10 types of animal horoscopes, and is capable of more precise, detailed, and high-resolution analysis.

For example, Keisuke Honda, a professional soccer player, soccer team manager, and angel investor (date of birth: June 13, 1986)

In the case of Mr. Honda, his personal graph is as follows. Although it may seem completely unintelligible, it is possible to instantly decipher this personal graph, and we intend to deploy this analytical eye in our products and incorporate it into the matching algorithm.

The following is a rough description of the characteristics information. Although only about 30% of the total characteristics are extracted, it is possible to analyze the personality in a rather precise manner.

If you are currently struggling with your relationship, please feel free to contact us for a free analysis and explanation of your compatibility and behavioral characteristics, limited to 50 couples!

3.Love and Marriage in India

Of India's population of approximately 1.4 billion, about 1 billion are Hindu. Hinduism has a caste system, divided into Brahmins (priestly class), Kshatriyas (royalty and warrior class), Vaishyas (merchant class), and Shudras (farmers and service class). In addition, there is a hereditary occupational category called jati, which is said to number between 2,000 and 3,000. When people get married, they tend to be matched within the same caste based on the above-mentioned caste and jati, and when they are in their mid-20s, their parents tend to propose a partner through marriage activity agents and relatives. Depending on the area, about 70-80% of marriages in urban areas and 90% in rural areas are arranged marriages, called Arrange Marriage, and free love is still rare. On the other hand, free love is on the rise, especially in urban areas, due in part to a generational shift.

4.Indian dating app market

With the above background, the dating app market is booming, and casual dating apps, especially Tinder and Bumble, are growing rapidly. Tinder has more than 100 million downloads, and Bumble is also growing rapidly. Online dating sales are expected to grow from $454 million in 2021 to $783 million in 2024. User base is expected to reach 115.3 million users by 2027.

The matching base is based on superficial information, mainly photos, hobbies, etc., and is not necessarily a situation where the quality of matches is high. We interviewed several Indian women, and they told us that it is rare for a date to lead to a second or subsequent dates, only about 1 in 5-10. Many of the reasons were that they had different values, the conversation was not exciting, or they were feeling different.

We began to think that this issue could be solved by the above-mentioned statistics-based matching. In addition, India is a fortune-telling country, and approximately 95% of pre-marital couples have their compatibility diagnosed by a fortune teller under the direction of their parents, so we believe that there is a certain affinity and acceptance for the solution. For more information about the marriage activity market in India, please click here.

Watch Indian Matchmaking | Netflix Official Site

5.web3 affinity

We feel that there is a high degree of affinity with the web3 area, which we touched on intensively last year. Of course, the web3 element itself is only a solution, and if it can really transform the current user experience in a positive way on a 10x level, we would like to be able to consider it in earnest.

1.Distributed Identity

Problem: Identity fraud and lies are rampant (e.g., "I work for 00 company (a major company), but I don't work there," "I earn over XX million yen a year, but I don't," etc.)
Solution hypothesis: In a distributed identity wallet, VC (verifiable credentials) such as proof of enrollment and income are issued by the company where the user works and stored. issued and stored. The other side can trust the statements based on the credibility of the issuer.

2.Tokenomics

Problem: Currently, users are taking actions that contribute to the growth of the product (e.g., referring friends, liking the site, etc.), but they are not receiving rewards.
Solution Hypothesis: Create an incentive design to reward users who write reviews of their dates and share their reviews with their female friends, actions that will reduce the marketing cost of the product and provide a sense of security to female users.

6.Current Action

Currently, we are continuing to interview users and continue to make the rounds of angel investors. We have approached about 150 angel investors and have received responses from a few, and have made pitches to them, but unfortunately, we have not yet received any investment. In my previous job as a VC, I was in the position of an investor, so this is a new feeling for me, but now I am ashamed that I should have explained more carefully when I decline to invest. 🙇♂️ Every time I receive a rejection, I wonder if I really want to spend my precious life time and work on this project. I feel like I am being asked, "Do you really want to spend your precious life time working on this? I feel like I am being asked, "Do you really want to spend your precious life time on this project?

7.Plans for future development

Once the angel round of funding is successfully completed, we will proceed with MVP product development, while at the same time considering the Japanese market as a PoC, and consider the launch of YouTube and TikTok channels to distribute content analyzing compatibility and characteristics among couples and girls' groups. We are also looking to improve the credibility of the matching process and build a user pool. If there are any couples or women interested, please feel free to DM me.

8. Nine Request(Serious）

Thank you so much for taking the time to read this long ramble! Why are you taking on this challenge in India? I have been asked by some angel investors, "Why are you trying out in India?

1.We want to increase the number of Japanese entrepreneurs who challenge India.

As I mentioned in a previous NOTE, I would like to increase the number of entrepreneurs who dive into the Indian market as much as possible. I am hoping that a man in  30s, who until a few years ago could not speak English well, and who does not have a glittering career like today's entrepreneurs, can move to India with two toddlers and an incurable disease and think that if he can do it, he might be able to do it too, and that he can eliminate all excuses to challenge himself. I believe that I can do it by eliminating all excuses for taking on the challenge and lowering the hurdles to the extreme by cutting out those who have gone before me. If you are at all interested in doing business in India after reading this article, please feel free to DM me for more information about the local startup ecosystem, assistance in connecting to active entrepreneurs, and housing can be provided free of charge if you would like to live in my house.

2.We would like to celebrate the moratorium period of Indian youth in love.

As mentioned above, arranged marriages are still the norm for young people in India, and pressure from parents gradually begins to mount once they reach their mid-20s. The period when they can enjoy free love is about 5 to 6 years from around age 20 to 25 or 26. While we would like you to spend as much time as possible during this period with a high quality and density, the current situation is that matching apps that are superficial and focused on appearance are rampant, and as we come into contact with Indian youth who are struggling to meet quality people, we are wondering if we can create more fulfilling connections by weaving connections with people in their natural, unpretentious selves. I felt a desire to create more fulfilling connections with people by weaving connections with people in a natural, unpretentious way.

3.Excitement about the attractiveness of the market

At the beginning of the year, it surpassed China, which had the largest population for about 60 years, at 1.42 billion, and will leap to a population of 1.66 billion by 2050. The core users of dating apps, those in their 20s and 30s alone, number around 470 million, about four times the total population of Japan. The youth's attitudes toward love and values are changing, growing at 7% GDP, and it is predicted that in another 7 years or so, it will surpass Japan's GDP and leap to the third largest in the world. If a festival is going to be held, people's original disposition is to enjoy the fun inside rather than watching from the outside, and it seems that something fun is going to happen about 6,000 km west of Japan. To be honest, I could talk about India's charms based on a variety of solid factual information and macro environment, but at the end of the day, I believe it is the excitement and thrill of the country that never stops.

If you feel any sympathy or support for this challenge, we would be very grateful for your support as follows 🙏🇮🇳

1.Introduction of Angel Investors
We are expecting to raise about 30-40 million yen in this round, and the investment size is about 3-4 million yen. We are also looking for people who are willing to consider investing on their own.

2.Introduction of engineers
We are looking for Android and iOS engineers to be involved in MVP development, and we would appreciate it if you could contact us if you are interested or would like to hear more details. If there are any engineers who might be interested or would like to hear more details, please contact us.

3.Introduction of digital and content marketing professionals
The dating app area tends to be heavy on digital advertising, so it is important to design a mechanism to acquire users through different channels, such as owned and shared, etc. We would be happy to talk with people who have deep insight into content and digital marketing.

4.Introduction of design and creative professionals
With so many similar products out there, it is becoming increasingly difficult to differentiate products based on functionality alone, and the importance of design is growing every day. We would like to manage our business with design and creativity at its core, and would be happy to connect with anyone who would be willing to consult with us.

5.Introduction of branding professionals
We feel that it is important to break away from the existing perception (fortune-telling=no scientific basis, dubious) and to change perceptions (perception change). If there is anyone who would be willing to chat with me about this, I would be happy to connect with you.

6.Casual Discussion
I am still in the fluffy ideas phase, so I would be very grateful if you could wall-break with me about your products and services. Or, if you have any questions about the above statistics, please feel free to contact us.

7.Encouraging DMs, chatting

I recently had the opportunity to speak with Mr. Yusa, who has experience as captain of Japan's U-18 national soccer team and is known as the most famous Japanese soccer player in India, having played for Sanfrecce youth team, Sanfrecce Hiroshima, and then as a professional soccer player in India. After the interview, I received a message like the one above, which gave me a strong push in the midst of the daily refusal to invest, gather friends, and so on. Such messages are very encouraging to entrepreneurs who are feeling lonely in de Seed, so I would be very happy if you could send me a message of encouragement when you feel like it 🙏

8.LIKE and SHARE of this article
Thanks to your LIKE and SHARE of the following article, we have received messages from about 10 people who have asked to meet with us because they are going to India. We have been able to attract wonderful connections through your shares, and we hope you will help us again this time.

If I strike out on this project, I would be happy to pick up the pieces and work with you. 🙇

I know this is a lot to ask, but if I can be of any help, please feel free to DM me at any time!

For now, I will continue to work persistently and foolishly on this project, while also taking lessons from Dr. Chat GDP 🙏.

Finally.
I have been writing this article in a rambling manner, and I realized that I had written more than 6,000 words. Thank you very much for taking the time to read this to the end. I do not know if the actions I am taking now will surely lead to success. However, I will live each day with the words of Mr. Gandhi, "I have taken action, and that is what is important," in my heart, and I will live each day carefully so that I can update you with bright news. Thank you for your continued support 🙏🇮🇳