Exclusive interview with Nikita Anufriev, founder of DateCoin, who raised $650k in investment

We talked to the founder of Denim, an already existing dating app, and DateCoin, which has experienced a successful ico process and received 830 Ethereum investment in just 20 days, about the future of dating apps and the success of the project.

-Nikita, why you decided to enter the market with a dating application, how attractive is this project for the business world and investors today?

-Online dating applications are developing rapidly in the world market. Over the past decade, it has grown sixfold: from $850 million in 2006 to $5 billion in 2016. At the same time, the annual growth, according to experts, is 10%.

Almost a quarter of Russians use dating sites at least once in their life history, and 7 percent consistently corresponds to the world average. Currently there is a small piece in the Russian market, but we are one of the countries with the highest volume of downloaded applications per capita, we can expect a significant increase in sharing worldwide. Moreover, the current statistics on the increase in online payments of Russians give hope for rapid positive changes.

We have assembled a serious team of professionals with serious experience in creating a real product, the most important of which is Denim, the application for pragmatic acquaintances, we are the most we decided to implement our bold ideas and create a new international service designed to change the dating app market and move the big players.

-How did you come up with the idea to create a DateCoin service?

-This spending a lot of time in the field has made their service better for over 20 years of existence. They are used by millions of people around the world today for online dating because of many of their obvious advantages at first glance; the main ones are, as a rule, to save time. Are people’s expectations justified? Usually no, after all, frustrated users spend most of their time on so-called users and messaging; which in rare cases leads to real dates.

As a result, a person is deceived, does not perform the best in the criteria of the search, and in fact this is the main function of any appointment. Add to this additional functions, fixed “fees” for fake accounts, at best girls send photos of others or their own, but they are very heavily processed. Particular attention is paid to the issue of cybersecurity, which has become the main agenda in the modern world today.

All these issues lie on the surface, and considerations of how to strengthen weak spots or get rid of them completely give us a new perspective that will not focus on increasing the number of users who choose their peers. led to the idea of ​​creating an online dating service, and an analysis of their compatibility.

Most of the technologies are already being tested in our Denim dating (dating app) service which has been in operation for more than two years.

-What is the main difference between DateCoin and traditional online dating services?

First of all, the use of artificial intelligence technology. As it is known, 27 of your loved ones can describe you more accurately than a colleague.. With 270 likes, you can draw a digital portrait of a man. How does this apply to an appointment? Imagine someone logs into the app, spends 10-15 minutes there, and this time is enough to let the system analyze the user’s likes and preferences, and is able to select surveys with close to 100 percent probability that will fit exactly that person.. Will such an application be requested? of course. In part, this is comparable to OTT services that recommend content based on movies and TV shows that the user has watched before. the need for research is finally a thing of the past. In this case, we are talking not only about appearance, but also about interests, goals in service, and even in the way of communication. Special algorithms, processing of user dialogs, extract these parameters, for example, we let a person who enjoys tennis or horse riding find a friend with the same hobby.

– ICO is usually associated with the use of blockchain technology, how is it implemented in your project?

– After analyzing the market and working on various projects in the social networks and spoofing industry, our team has often decided that the application arouses suspicion.. Frankly, we declare that the blockchain technology in our project is currently used to attract funding and implement a token buyback mechanism.. Under this scheme, we send 20 percent of monthly revenues to a smart contract. Accordingly, property owners can send their assets partially or wholly to the same repurchase agreement.. Moreover, the proceeds will be proportionally distributed among the holders of all DTC tokens entered through the smart contract.. That is, if on a certain date, 1 million rubles are received for redemption, and the coins subject to this procedure will be 10 by a smart contract, and the cost of each will be 100,000 rubles.. If there is only one DTC token in the smart contract, it will leave the turnover by one million. The used tokens are burned respectively, their total number decreases, and the value of each remaining in circulation increases.

Thus, for investors, primarily the DateCoin project is a tool for high-yield long-term investments.. At the same time, the technologies of the distributed ledger will be used more widely in the future.

– You have raised $650k in funds within the framework of the ICO so far, how much do you expect to receive in total?

– 15 to 50 Million dollars. The number of countries in which our service will start operating and the intensity of its promotion will depend entirely on the sum we will receive.. Detailed scenarios are available on our website: https://datecoin.io

– Why 20% for redemption system (coin burn)? 25 or not 30?

– This mathematically calculated value allows, on the one hand, to ensure the attractiveness of the project to investors, and on the other hand, not deprive the necessary resources for intensive development.

Thanks Nikita Anufriev We wish you continued success.

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