SOUTH PLAINFIELD, NJ / ACCESSWIRE / May 18, 2022 / CrazyMoney, a funding platform for entrepreneurs, has recently announced that it will be leaving the popular subscription format behind in favor of a trust-based business model.
Breaking from the Norm
This development represents an unexpected deviation from industry norms. For the past few years, apps and platforms have been moving towards a greater focus on crowdfunding and monthly subscriptions, largely replacing one-time purchases and fees. From movies to mobile games to dictionary apps, the subscription model is everywhere. CrazyMoney, however, is unafraid to leave the beaten path behind in search of a better route.
"Our entire approach with CrazyMoney has been to create something unique and beneficial for all," said one CrazyMoney spokesperson. "We want to focus on building a strong community instead of squeezing a set amount of dollars out of our users every month."
The team hopes that this decision will bring a number of benefits for the company. They expect that it will increase investors' trust and confidence in the platform, remove users' main barrier between entry and investment, and help the platform to grow its user base. In addition, the prevalence of the subscription model means that CrazyMoney now has fewer direct competitors, opening up new opportunities for the platform.
Building Trust in the Online Investment Market
Trust is invaluable in the digital age, particularly when large investments are at stake. Entrepreneurs want secure funding, while investors want to ensure the legitimacy of their investment. Sensing a need on both sides, CrazyMoney was created to facilitate secure, legitimate investment connections.
CrazyMoney is a patented platform created to help entrepreneurs find funding for their projects. The app caters primarily to early-stage entrepreneurs and recent graduates with great ideas but without the funds to execute them. Investors review proposals, chat with entrepreneurs, and bid on projects they find promising. The platform features a strong security protocol, complete with NDA forms to protect users' privacy and IP.
Under CrazyMoney's new business model, entrepreneurs pay the platform only when they get a bid from an investor, removing any risk of hosting a project on the platform. This is a rare approach for apps in 2022, but the team believes that it will cause users' trust in the platform to grow along with their confidence in their proposal's prospects.
Innovating Across Industries
Entrepreneur and app developer Sapna Rajput is the mind behind CrazyMoney. Rajput's platforms are built on one fundamental principle: connections are everything in business, and the more opportunities we have to connect, the better. Her new app development/digital marketing company EZ Digital is currently developing several new projects, including the anticipated Omega Finance platform and a forthcoming luxury home services app. Omega Finance will offer several paid services that connect investors to qualified advisors who can provide guidance on stocks, options, crypto, or any other area of investment. The app is being designed with stringent credibility standards in order to cultivate a strong network of credible, trustworthy advisors to guide new investors. Over the next few years, Rajput will be keeping an eye out for the next great way to bring people together.
View source version on accesswire.com: