Hi Souleater,
Great questions!
I would love to have a firm plan; however, to be successful as a startup, our biggest strengths will be to be agile. We will make the decisions we can to ensure growth and expansion.
Because we have 2 products, DeStore and DeAR, they have separate characteristics. So let me answer your questions for each product separately:
DeStore
As a buyer on DeStore, you will be able to purchase products from anywhere in the world. However, to refine this will take time. DeStore will only be interesting to web3 native people, as I don’t imagine someone with “no crypto experience” will do KYC, send coins to a web3 wallet just to buy a product. So in the first 2 years, we do not expect DeStore to get a significant volume. However, in the bull market, we could see some crazy things. DeStore will be optimized and adjusted accordingly.
Hypothetically: If we were to do a funding round in the next 6-12 months and raise around $5-10 million USD, that would allow us to scale faster. If we are successful in this B2E proposal, raise 100M Staked ASRT, and can release a product in Japan, we can then get enterprises to sign MoUs. This is quite possible, but sadly it’s not something I can guarantee.
DeAR
DeAR has been designed to be lighter, faster-moving, and more fun than the DeStore Marketplace.
DeAR will go along with the DTCCs so that we can deliver product-specific Digital Twin Air Drops. This means we can actually target any country and any web3-curious brand. DeAR will be marketed to all web2 ecommerce sales channels; it will be international.
We cannot spread ourselves too thin, so we will focus and build a strong team in Japan, leveraging Astar’s connections to enterprises and support them entering web3 with our solution.
Our limitations with DeAR will be skilled consultants and salespeople to support the onboarding of brands.
Best Regards
Josiah Kotzur
DeStore Founder and CEO