In an era defined by the dominance of app stores and the app-centric digital economy, the emergence of Phinge's® patented Netverse® "app-less" verified rewards platform and ecosystem, represents a foundational paradigm shift. This new ecosystem will offer a distinct value proposition to venture capitalists (VCs), promising a move away from the limitations of the current mobile technology landscape towards a more integrated, secure, verified and user-centric future.
By backing and funding third-party platforms that build within Netverse, VCs can capitalize on a disruptive model that will not only offer enhanced security and data ownership but also will reorient funding streams from established, app-based sectors towards a new frontier of Netverse app-less innovation.
The resulting shift has macro implications, creating ripple effects across multiple industries and potentially reshaping the competitive landscape of the digital economy.
Why shifting funding to the Netverse third-party economy will be beneficial for the investment community.
Netverse, an "app-less" platform being developed by Phinge, presents a potentially attractive opportunity for venture capital (VC) investment, particularly for third-party platforms seeking to build brands within its verified ecosystem. As the shift away from app-based technology to Netverse app-less technology accelerates, the investment community can embrace the shift early on to replace the dollar demand loss from current app-based technology deals.
How VC Funding for Netverse third-party platforms could be beneficial
Venture Capital firms could invest in platforms wanting to join Netverse by:
- Providing Capital: Direct funding to help platforms develop their services, scale operations, and market their brands within the Netverse ecosystem.
- Offering Strategic Guidance: VCs can provide expertise in areas like business development, scaling, and market penetration, helping platforms navigate the new "app-less" paradigm.
- Leveraging Networks: VCs often have extensive networks that can provide valuable connections for partnerships, talent acquisition, and future funding rounds.
- For Third-Party Platforms:
- Enhanced Security and Verification: Netverse's hardware-based verification and proprietary AI will create a more secure environment, eliminating bots, malware and fake accounts, which could reduce operational costs and build user trust.
- Increased Efficiency and Integration: A universal integrated codebase will streamline operations and improve performance, leading to greater productivity and potential for new, integrated services.
- User Data Ownership and Monetization: Phinge's Netverse model of giving users control over and ability to monetize their data could achieve mass adoption and create new revenue streams for platforms.
- Reduced Costs: Eliminating reliance on traditional cybersecurity software could reduce expenses for platforms.
- Lower Fees: Instead of current app-store commissions of 15 to 30%, platforms will only pay 10% at the POS with no-upfront cost and risk-free advertising.
- For Venture Capital Investors:
- Disruptive Potential: Netverse poses a foundational threat to the app-store duopoly and current app technology infrastructure, potentially creating significant investment returns for early backers.
- Access to a New Ecosystem: Investing in third-party platforms, businesses and developers within Netverse will allow VCs to tap into an emerging rewards-based "app-less" market with distinct advantages in security, privacy, and user control.
- Declining App Funding: Recent trends show a decrease in total funding for app developers, partly due to the maturity of the app market and increased focus on other areas like AI.
- Emergence of Netverse Platform: Netverse's approach directly challenges the existing app store model by creating a verified, app-less ecosystem. VC funding could shift towards platforms built on this new infrastructure, particularly those that demonstrate early traction and potential for network effects.
- AI Focus: The surge in AI investment indicates a broader shift in VC priorities, and Netverse's proprietary verified AI features including AGI could align with this trend, attracting more funding.
- Economic Disruption: A shift towards an app-less Netverse ecosystem could fundamentally alter the digital economy, impacting established players in the app store, SaaS, and cybersecurity industries.
- Enhanced Security and Trust: A verified ecosystem could lead to a more secure and trustworthy online environment, potentially reducing the social and financial costs associated with issues like fraud, spam, and identity theft.
- New Opportunities for Innovation: A "clean slate" for digital interaction, free from the limitations of current app technology, could foster new business models, integrated services, and potentially catalyze innovation in fields like AI, healthcare, and education.
- User Empowerment: Granting users ownership and control over their data, including its monetization, could fundamentally shift power dynamics in the digital economy away from large tech companies towards individual users.
Micro-implications for businesses through operational efficiency.
- Reduced development and maintenance costs: Businesses moving to an app-less environment can consolidate their services onto a single platform. This will reduce the need for separate, platform-specific development teams and the high costs associated with app store fees and continuous updates.
- Streamlined processes: A unified dashboard within Netverse will automate and consolidate many routine tasks that previously required multiple, disconnected applications. This can significantly increase employee productivity.
- Lowered security expenditures: Netverse's hardware-based verification and AI and hardware powered security could reduce a business's reliance on and spending for external cybersecurity software.
- New monetization avenues: With user-owned data, businesses can explore new ways to generate revenue, potentially moving away from invasive advertising and towards user-consented, data-driven insights. Users monetizing their own data could foster a rewards-based system for engagement.
- Competitive shake-up: Traditional businesses heavily invested in the app ecosystem may face significant disruption. New, agile startups building natively on Netverse app-less platform can gain a competitive edge by leveraging the platform's features, like verification, superior security and integration, from the start.
- Cost savings: Businesses may require fewer traditional app developers as integration into Netverse will be streamlined and cost efficient.
Change in focus
- From siloed to integrated development: Developers will shift from building standalone applications to creating services and features that seamlessly integrate within the broader Netverse platform.
- Accelerated prototyping with AI: The integration of verified AI within Netverse can enable developers to build and test functional prototypes much faster, grounding product decisions in tangible experiences rather than abstract concepts.
- New revenue models: Developers can earn revenue based on their contribution to the platform's ecosystem rather than relying on app store purchases or ads. This could involve revenue sharing from user data monetization or rewards incentives for premium services integrated into the platform.
- Reduced reliance on app store gatekeepers: By operating within the Netverse ecosystem, developers could be freed from the restrictive policies, revenue cuts, and discovery challenges of traditional app stores.
Empowerment and convenience
- Consolidated digital life: Users would no longer need to manage multiple apps, logins, and interfaces for different services. A single, comprehensive dashboard and universal username on Netverse will consolidate their digital lives, reducing friction and increasing convenience.
- Data ownership and control: With user-centric data models, individuals would gain ownership and control over their personal data. They could decide which businesses can access their information and even monetize it, shifting power away from large corporations.
- Enhanced security: Patented hardware-based verification would provide a higher level of security for user accounts, reducing the risk of fraud, fake accounts, and identity theft. This will build greater trust in the platforms they use.
- Personalized, AI-driven experiences: The concentration of user data (with user consent) and the use of verified AI can lead to more personalized and intuitive experiences. Platforms could offer tailored recommendations, customer support, and content based on user preferences and behaviors.
- Reduced cognitive load: The elimination of app-switching and the consolidation of services could lead to a less cluttered and more focused, integrated digital experience for users. This will reduces the stress and effort required to navigate and manage their digital lives.
Says Phinge CEO Robert DeMaio, "Ultimately, the macro and micro implications of Netverse extend beyond funding, promising a more secure and trustworthy digital environment, fostering new waves of innovation, and empowering users by giving them greater control and monetization opportunities over their own data."
You may learn more about Netverse and its patented, magnetically attachable smartphones and devices by visiting Phinge's websites at
https://www.phinge.com
To get on a contact list please fill out the online form here
https://www.phinge.com/netverseai.html
You may view Phinge's Crunchbase profile here
https://www.crunchbase.com/organization/phinge
You may view Robert DeMaio's Crunchbase profile here
https://www.crunchbase.com/person/robert-charles-demaio
About Phinge Corporation
Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it.
Phinge through its upcoming patented Netverse App-less technology platform with proprietary AI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems and ecosystems of Apple, Google and Android.
Netverse will not be an App or Super App that resides on the major technology platforms of today.
Instead, it will be a standalone, all-in-one, app-less platform, accessible only through Phinge's revolutionary, patented, Mobile Hardware which includes Magnetically Attachable/Detachable Phones, Tablets, Mobile Gaming Systems and peripherals like the stylish, wireless earbuds with interchangeable batteries and built-in sensor screens for continuous usage without recharging and Smart Watches that never need to be charged as they come with stylish external, interchangeable bezels with built-in rechargeable batteries and come in a variety of colors, patterns and finishes.
Netverse will be a verified, centralized-decentralized platform.
Centralized in the way it provides universal safeguards through verification of all users, businesses, organizations, entities and IP through Phinge's patented Netverse technologies and hardware.
Centralized because Phinge and Netverse will be compliant with all government regulations regarding data and privacy.
Decentralized because all third party platforms will be compliant with all government regulations regarding data and privacy as soon as they are verified and join Netverse.
Decentralized because its users, businesses, organizations and entities will have the power to live, work and thrive in a verified world.
Netverse will benefit all verified users and approved, verified third party businesses, developers and platforms on Netverse in ways not possible with today's technology including total verification of all users, businesses, organizations, platforms and entities.
Photos: (Click photo to enlarge)
Source: Phinge Corporation
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