Universal Virtual Place Assistant

We see three interconnected problems at many places today. First one is a communication gap at points of interaction. Second one is that there are challenges in accessing assistance. Third one, in many cases a root cause of the first two, is a general labor shortage in many European countries.

When individuals arrive at different locations, there is a fundamental need for effective information exchange before utilizing services, obtaining essential data, or making purchases. Unfortunately, many places we encounter daily fail to offer a seamless experience. The initial data exchange process is often inhibited, creating frustration and confusion.

Many locations pose a significant challenge when accessing service personnel or seeking help. This hurdle inconveniences visitors and results in missed opportunities for business interactions.

Labor shortages in European countries are hitting hospitality, retail, and public services the hardest, with restaurants, bars, shops, and malls struggling to find staff for customer service, reception, and operational roles. The hospitality sector, in particular, faces shortages of waitstaff and kitchen workers, while retail businesses struggle with cashier and floor staff vacancies. As a result, many businesses are turning to digital solutions, such as virtual assistants, to handle customer inquiries, reservations, and administrative tasks, helping to fill the gaps and maintain service quality despite workforce shortages.

Our daring idea was to address these pervasive problems by revolutionizing the way individuals engage with their surroundings using the default, universal virtual place assistant app.

It's a Mobile App That gives people visiting places better access to services, goods, and information, it will allow people to gain intuitive and pleasant experiences and avoid unnecessary frustrations and confusion, itwill be 'insanely simple' to use, either by talking or typing questions and it will make people feel in a friendly and safe environment.

It is a standard place subscription ~€125/month, tax included, activating upon proof of value.

Back in 2014, we surveyed 31 cafes, bars, and restaurants in Prague with questions about upgrading current WiFi services in terms of additional functionality, customer database, branding. We got 100% of answers with a positive attitude towards getting more out of WiFi while serving customers than just allowing pure WiFi access. We have also lined-up our first three customers, with LOI agreement, to start testing the app once the MVP is ready.

Yes we did. As of now, this is a blue ocean opportunity, as trere are no universal virtual places assistans today we can use as a comparison. Some features and functionalities may overlap by some existing applications, but limited with the domain. We believe that people are tired of having to download yeat another mobile when ever they visit some place for the first time. Quite possibly, when big software companies become aware of this brand-new market and opportunity, they will for sure look into ways to penetrate, with acquisitions and organically, so potential challengers could be Google (did improved place APIs to some extent), Facebook (passive place interface, pages, MetaPay), Microsoft, Apple… but also Four Square and Yelp. We also consider the footprint of WeChat and rumors that X (ex. Twitter) may attempt to make 'the default app.'

There is no quick universal virtual place assistant app, even we figoured out how to benefit from recent advancements in Generative AI development, so we are still working on MVP.

Instead toward investors, we are pivoting and turning toward our potential customers with significant traction. We have also started to offer consulting services on the accesible market in Czech Republic and Serbia.

Currently expected ROI for an early investor is > x9.500! We based this estimate on a simple calculation outlined in our Viral Growth strategy, that would be available, including the rest of documents, to potential early investors. But, this offer is only available until we, one way or another, raise €30K to finsish an MVP.

Of course, given that the custom project value match or exceed our money raising target of €30K.