SuchApp, the world’s first 5G blockchain-enabled realtime messaging app, has a complete licensing program designed to support its journey to becoming one of the top 5 global messaging apps.
Licensing is one of the most proven strategies for international expansion. Companies like Disney, Phillips-Van Heusen and Iconix have all built global empires by relying on the local expertise of their licensees. Brands like Calvin Klein, Marvel and Warner Bros generate hundreds of billions of dollars in annual revenue thanks to their licensing strategies.
Similarly, in the tech sphere companies like IBM, Adobe and Facebook have all leveraged international licensing agreements to facilitate their global expansions. For this reason, SuchApp, the world's first 5G blockchain-enabled realtime messaging app, has designed a complete licensing program designed to support its journey to becoming one of the top 5 global messaging apps within the next 5 years.
Businesses who meet all the licensee requirements, including securing the target amount of SPS Tokens for their country, meeting all regulations and guidelines, and are committed to maintaining SuchApp servers in their home country, are granted an exclusive license that gives them the following advantages:
100% of all advertising revenue from their country.
100% of all revenue from group name purchases within their country.
100% of all sponsorship agreements within their country.
100% of all revenue from 4K media within their country.
100% of all revenue from monetization of exclusive 4K and 3D content from SuchApp's parent company Footprint Media Holdings, owner of High 4K TV and High 3D TV.
The biggest benefit of becoming an exclusive license holder is that SuchApp only assigns one license per country. Premium group names are estimated to sell between $50,000 and $100,000, depending on the popularity of the name, and daily advertisement revenue for a group is likely to be anywhere between $200 and $500. The company estimates that the 4K and 3D content libraries can be monetized for more than $1 million yearly in major markets.
SuchApp licensees will also be able to participate in the company's 3-prong customer acquisition plan including word-of-mouth marketing, a powerful viral referral engine and strong local business incentivation. SuchApp makes it easier for people to stay connected by providing services to friends, family, businesses, and customers. More than just a messenger service, SuchApp is an all-inclusive messaging ecosphere that integrates online shopping, social media, and messaging into one, easy-to-use app.
Ronny Shaney, CEO of SuchApp, explained, “In 1999 George Bell, the CEO of Excite decided that $1 million was too high a price for an acquisition offer he received. Frustrated, they lowered the price to $750K, but he passed again. The company in question was a scrappy startup called... Google! I am very confident that the SuchApp licensees will never have to feel that kind of pain. Instead, they are getting in on an amazing opportunity at just the right time.”
About SuchApp: SuchApp combines best-of-class messaging with the power of a social network architected over a robust, enterprise-level blockchain economy to create the world's first 5G messaging ecosphere. Developed by Footprint Media Holdings Corporation, it will be the single point of contact for socializing, buying, selling, trading and making payments. SuchApp launched its alpha version in January, 2018.
