Investor Relations

Why Invest in Infinittek’s Sharing Economy App?
TidyCall Cleaning Service App

USA & Canada’s cleaning services aggregate market size approximates at $66 Billion, which currently excludes cleaning services offered through “Sharing Economy” on-demand apps. TidyCall App is already completed and launched in 2021. 

TidyCall Inc. (TidyCall) offers home-owners and businesses affordable, efficient, and reliable on-demand residential and commercial cleaning services through its innovative mobile app, TidyCall. Simultaneously, TidyCall’s sharing economy business model also offers job-seekers economic opportunities to become their own boss and work on their own schedule as a TidyCall Cleaning Service Provider (CSP). In other words, TidyCall is essentially a platform for users to request and provide cleaning services. There are two versions of the TidyCall app catered specifically for Cleaning Service Users (CSUs) and CSPs: TidyCall User, and TidyCall Provider.

TidyCall Ltd. Business Model – Sharing Economy

A recent report from Statista said that sharing economy services have “exploded in popularity over recent years with many expecting this trend to continue, with the total value of the global sharing economy predicted to increase to some $335 billion U.S. dollars by 2025, from only $15 billion U.S. dollars in 2014” (Statista Research Department, 2020). With an increasing growth in demand for sharing economy services, TidyCall is following the footsteps of other highly successful companies operating as a sharing economy, such as Uber ($78 billion USD) and AirBnB ($4.9 billion USD). As an early mover in the North American sharing economy cleaning service industry, TidyCall provides the most efficient and reliable cleaning services to anyone, anywhere, anytime.

The Market – Commercial & Residential Cleaning Service Industry

The global contract cleaning services market size was valued at USD $292.6 billion in 2019, with North America dominating the market by accounting for over 32% of the global revenue share in 2019 (Grand View Research, 2020). Furthermore, the market is expected to expand at a compound annual growth rate (CAGR) of 6.1% from 2020 to 2027.

The Cleaning Service Industry in the United States generated USD $61 billion in revenue in 2019 (Before Pandemic, Mazareanu, 2019). There were 3.24 million people employed in the cleaning services industry in the United States and it is forecasted to spur a 6.6% year-on-year growth in new jobs due to a higher demand from this industry. Moreover, this industry has grown in popularity, especially amongst the single-person households which make up 27% of America. TidyCall plans to focus on residential and commercial cleaning in North America.

Figure 1

 As an early mover in the North American sharing economy cleaning services industry, TidyCall has a strong competitive advantage against current market players in gaining market share. Not only does TidyCall’s  innovative system create possibilities for more efficient service transactions, TidyCall’s  strategy to partner with current market players will accelerate its presence in the cleaning service market exponentially.

Management

TidyCall is led by Wei Lih Hsu (Willie Hsu), the founder of TidyCall’s parent company, Modern Apps Corp. Prior to founding Modern Apps Corp and TidyCall, Willie served as the Canadian sales director of a Forbes 500 company for 22 years, leading the Toronto branch to achieve Top Performance in North America for 10 consecutive years. TidyCall’s management also includes TidyCall’s  CTO, Andy Kuo – who has over 20 years of experience as a network engineer and consultant, and TidyCall’s  Marketing Director, Jeffrey Pai – a young entrepreneur and online figure who has over 5 years of experience in social media marketing and content creation.

The purpose of this plan is to attain funding in the amount of $5,000,000 from lenders or private investors to facilitate TidyCall’s business operations, obtain hardware, software and equipment, secure a facility the business will operate from, advertise the company, handle legal expenses, and also expand the company.

Exit Strategy

1. Increase market cap and liquidity/higher trading volume.
2. Attract more investors and putting the company up for acquisition.
3. Upgrade our listing to OTCQB and NASDAQ to become the largest cleaning service company worldwide.

Strong, Experienced and Professional Management Team.

TidyCall’s management team is built with professionals who have years of experience and success in their respective fields. Started by a group of friends, TidyCall’s management team works closely together by pooling each individuals’ strengths towards the common goal – TidyCall’s success.

Innovation and Competitive Edge of the App’s Technology

TidyCall’s innovative Two-Way Review System improves the quality of the TidyCall cleaning service experience. The higher the individual’s star-rating is, the higher the chances are of being matched for a cleaning service for both the CSP and CSU. This mandatory process incentivizes both the CSP and CSU to engage professionally and respectfully at all times.

Efficiency & Professionalism of CSPs

Efficient and professional service of CSPs is what the consumer demands. If a cleaning service is transacted optimally, both the CSU and CSP will provide high star-ratings for each other through TidyCall’s Two-Way Review System. As lower ratings will decrease the chances of being matched, CSPs are further incentivized to provide the best service possible at all times.

High Popularity of the App

Consistent growth in the app’s popularity accelerates TidyCall’s accumulation of CSUs and CSPs, leading to higher profits.

Maintaining Up-to-date Technology and any other Required Upgrades to Sustain Competitive Advantage

Keeping up with the latest technology will allow TidyCall to run efficiently while minimizing technical disruptions and missed opportunities.

Innovative Marketing  – Strategy & Plan

Innovative marketing strategies will generate more buzz and attract more users.

Sufficient Funding

Sufficient funding will provide TidyCall the resources necessary to operate efficiently, as well as flexibility in reacting to market responses and other externalities.

Creating and Establishing Brand Equity

Creating and establishing TidyCall’s brand as the most efficient and reliable on-demand cleaning service is integral to attracting more potential users and investors.

Strategic Partnerships with Established Cleaning Service Companies across North America

Partnerships with established cleaning service companies will extend TidyCall’s reach and accumulate more users, leading to higher profits. Depending on the selected partner, strategic partnerships with the right companies can also be leveraged to increase TidyCall’s brand awareness while improving brand image.

Ensure Sustainable Profits

Sustainable profits not only allows TidyCall to carry out business activities more efficiently, but also demonstrates its ability to issue dividends. This will attract more funding from investors, which, in turn, can increase TidyCall’s market share.

Build Value and Stability of the Company

Higher value and stability of TidyCall will increase the chances of success in the case of implementing the Exit Strategy

Statistics

Industry Background (Franchisehelp.com)

The cleaning industry is packed with opportunities – an earlier forecast reflected that the industry will earn over $46 billion dollars in 2020, and grow 10% by 2026. More than 1.7 million people are currently employed in the cleaning industry, yet it is still forecasted to spur a 6% year-on-year growth in new jobs because of the increase in demand. Let’s not forget how popular this industry is, especially amongst the single-person households that make up 27% in America.

Residential Cleaning 

The biggest driver to propel the residential cleaning industry is simply because of time squeeze. While home cleaning may have appealed to older retirees in the past, businesses have reported that they’re starting to see more clients in their 30s-50s engaging home cleaning services. The biggest reason being – that few hours saved allows Americans to spend their weekends with their family, rather than fussing with the chores at home. The Household Cleaners Market is estimated to be worth $40.38 billion by the year 2025. This change in lifestyle is only the beginning for the potential of the home cleaning industry. 

Household and Commercial Cleaners Report 2020 from  www.statista.com

According to another statistic from ststista.com, as of May 2018, there were over 3.24 million people working in the cleaning services industry in the United States. In 2019, the revenue of janitorial services in the U.S. reached 61 billion U.S. dollars.

The segment Household Cleaners accounted for 20% of the Home & Laundry Care revenue in 2019. The worldwide revenue of US$30 billion in 2019 is expected to increase to US$37 billion by 2025. This report from the series of Consumer Market Outlook segment reports gives an overview of the household cleaners market from an international perspective.
 

Why Invest in Infinittek’s Metaverse Game?

Blockchain technology is the next big thing in the gaming industry. Blockchain-based games have been all around the corners for a few years. However, the industry has seen a surge in the number of games in recent times. This technology has opened new opportunities for businesses that want to create decentralized gaming apps.

As per the latest Technavio report, the global gaming market is expected to grow by $125.65 billion, increasing at a CAGR of 12.40% from 2020 to 2025. The integration of Blockchain technology in gaming apps is the significant factor driving the market growth.

The graph given above clearly explains the growth in the gaming market. However, to further know more about Blockchain in the gaming industry, let’s move forward to our blog that addresses some of the aspects related to exploring the potential of Blockchain 

in gaming and its limitations. Some real-world examples and the future of Blockchain in the gaming industry, which is slowly gaining popularity among business owners and entrepreneurs. Let’s delve deeper to understand more.

But before moving forward to introduce blockchain technology in gaming, let’s understand what is blockchain and how it is used in the gaming industry.

What is Blockchain and how is it used in gaming?

Blockchain is a decentralized and distributed digital ledger that enables secure transactions and maintains records. It has created a new gaming experience for both businesses and players who use NFTs and cryptocurrencies to purchase in-game assets that could be exchanged for real-life money. For instance, Axie Infinity has millions of players globally that use Ethereum-based cryptocurrencies. 

Role of cryptocurrency in gaming

With its popularity in the gaming industry, cryptocurrency has also evolved. Cryptocurrency is a digital currency that uses cryptography to secure, verify and facilitate transactions. It allows users to make payments online without going through traditional payment systems like banks and credit card companies. 

Cryptocurrency, such as Bitcoin and Ethereum, enables secure and fast payments for various in-game purchases, like avatars, power-ups, themes, unique artifacts, etc. It also allows players to earn rewards or Crypto tokens while playing games.

With a significant boom in the gaming industry, you can’t deny the changing cryptocurrency trends that took away the entire gaming market. Moreover, with the rise in crypto games/blockchain games, there are various ways in which blockchain technology is being used in the gaming industry that include:

NFT’s

NFTs are non-fungible tokens that can be traded or used within blockchain games to purchase characters, memes, videos, and other digital assets. NFTs create a way for gamers to own their digital possessions truly. This gives players more control over what happens to these items and makes them easier to trade and sell since there’s no need for an intermediary like another player. 

Play & earn

Blockchain has given rise to a new sub-genre called “Crypto-Games.” Crypto games are different from traditional games because they allow players to earn cryptocurrency (or digital currency) by playing the game. Cryptocurrency from these games can be converted into real money or used to buy new items within the game. So how does this work? 

When you play a crypto game, a cryptocurrency is rewarded to you that can be used outside the game in “the real world.” The idea is to encourage gamers to continue playing by giving them an incentive in cryptocurrency so that they can redeem it for real-world goods and services.

Virtual events and tournaments

Virtual events and tournaments are a critical component of the overall gaming industry. For decades, virtual events have been organized globally, which requires many resources for managing teams, prize pools, and event venues. However, many challenges have been faced in this process, such as the high registration cost, ticket prices, bandwidth, cybersecurity, etc. Also, it isn’t easy to verify the rewards participants earn. 

Blockchain technology can make this process easier by providing the ability to track and verify who has received the rewards for their matches or competition wins. Blockchain technology is decentralized and offers secure transactions among users, and it automatically tracks data from any network where it is implemented. Therefore, it is easy for gamers to participate in virtual events and tournaments using blockchain technology.

According to a Newzoo report, In-game transactions will generate 9.6% revenue growth on a mobile platform by 2023.

Source: Appinventiv

While the above discussed are a few ways that allow users to earn digital assets cautiously, there’s no doubt to it that the gaming industry is transforming using blockchain technology. How? Let’s find out.

How is the gaming industry transforming using Blockchain technology?

It’s evident that Blockchain technology has been around for a while, but it recently received more attention for its potential to transform various industries. In recent years, due to its benefits in the different sectors, it’s seen as the first choice for the gaming industry. 

Some of the benefits of Blockchain that are helping transform the gaming industry and build blockchain games include:

Secure and transparent transactions

Blockchain is a secure, transparent, and immutable technology, ensuring no double-spends or fraud in transaction records occurs. It adds a layer of confidence to users when engaging in digital transactions and makes it ideal for games where users share sensitive data or virtual assets, such as in the case of NFTs.

Enhanced security

Since Blockchain offers an additional layer of security by using encryption systems such as Secure Messaging and Two-Factor Authentication, it can protect sensitive data such as player information, game data, and user transactions from being tampered with or hacked.

Improved user experience

Blockchain can help improve the overall user experience by providing a more efficient, secure, and transparent way to engage in digital transactions and access virtual assets.

With blockchain gaming, users have more control over their gaming experience. This trend has manifested itself in several ways, from allowing players to create their characters, storylines, and even playing. Also, it enables them to download various video games in different versions from any location without risking their gaming experience.

Verifications

A blockchain gaming platform helps ensure that all transactions and interactions between different parties are verified and legitimate. This helps prevent fraud, one of the most common challenges in modern-day gaming platforms. In addition to verifying transactions, businesses can also use Blockchain to guarantee that no individual or party has been paid twice for the same service or goods rendered since each transaction is recorded.

Trading resources

Players can trade their items for profits or other resources. Since Blockchain creates a record of each item and its ownership, players can deal with complete confidence, knowing that their items will not be stolen or duplicated. It also allows them to sell or buy in-game assets from other players.

Earning rewards

Players can earn rewards in the form of cryptocurrencies by completing quests and missions. In traditional games, players are rewarded with points that have no monetary value outside the game itself. But, with blockchain-based games, they can earn cryptocurrencies to use as real money to purchase items from other players or even buy products on e-commerce websites.

Creating integrated gaming profiles

As blockchain games are the new talk of the town, it is possible to create a centralized community where users can access different games. It allows users to have one profile that they can use across multiple platforms, thus enhancing their user experience and making it easier to access different games and purchase items.

Compared to traditional gaming, blockchain games have taken over the entire gaming industry. While there are many benefits of using blockchain technology in gaming, there are some limitations as well.