Photo - Old Diaries
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Old Diaries

India
Market: Appliances, Internet and IT, Gadgets , Artificial Intelligence, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 12/25/2017
Min investment
$  500.000
0
Total required
$ 10.000.000
Rating
equalizer 160 из 1000
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Idea

When we get old, what is the most important thing left with us, i think only our memories, what do we do when our memories start getting fade. At that time we will curse ourselves for not buying the "Old Diaries" a wrist band that can record voices on our click and convert & save them for us to read listen and let us experience our whole life again.

Current Status

It is just an idea, but i think it will be an valuable idea to add something valuable in our lives.

Market

This is era of technology and we have market of millionaires & billionaires, Anyone who want to read their whole life, listen to sounds wanna see pics can have look back in their life.

Problem or Opportunity

We oftenly start forgeting things as we grow old, but in this era of technology what if we create a wrist band which can record sounds on a click of button using voice recognition & convert it into text and save our memories and sounds with our loved ones.

Solution (product or service)

We will produce a wrist band which will recognise sound and convert it into book type text, emphasising on wearers life, i think everyone, one day when they dont remember their old days would want to read their whole life storiy and would want to hear to the sounds of theirselves and their dear ones.

Competitors

I dont think any exists

Advantages or differentiators

We will be only producer of such sophisticated wrist band, what if we want to write a biography of someone, with their consent we can take their whole life story from them.

Finance

2000 dollars per band
First we launch 10000 bands
Target rich people

Business model

Think about billionaires like christiano Ronaldo, who loves his child and wont hesitate to buy a gadget which can record his and his sons voice and convert it into book type text, when he will grow old he can read his and his sons conversations, laughs, talks, cries everything. I think i there was any device built such like that i would like to buy it right now.

Money will be spent on

Making wrist bands

Offer for investor

50:50

Risks

I think most risky thing is i could lost my whole life.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video