Following his apprenticeship as a startup entrepreneur in India and the problems he faced in the startup entrepreneurship ecosystem, Moolyacoin founder Rakesh Niak decided to create Moolya to be the world first truly global digital decentralized start ecosystem to solve the majority of the problems rocking the startup space. The problems most entrepreneurs face when launching a new venture or startup or in running an already established company are numerous but for the sake of emphasis and how moolya.global relates, I will briefly describe the following ones. These are the current challenges of offline startup ecosystem:
Non-digitalization: The activities of the current startup ecosystem and community are still majorly offline and done manually thus making the entire process still stressful and lacking connectivity among peers.
Inability to network: Together everyone achieves more (T.E.A.M) is a popular phrase used widely to depict the importance and influence of having a network and team to share ideas and problems. Today, startups lose opportunities and pay high costs on resources because they are not connected to the network with the right members of the startup of the ecosystem at the right time.
Disparity: Most of the startups are currently in disparate location and thus scattered across the world and in few pockets of concentration. For example, Silicon Valley in America hosts more tech startups than anywhere else in the world. This could limit them in certain ways.
No single full spectrum global platform: Having a network comes with its benefits and as the saying goes there is strength in numbers. Reaping the benefits of a network lies in more members/users connecting to the network before the critical mass is attained and thus members can reap of the full benefits of the network (the network effect).
The major problem/challenge still remaining that there is no platform for collaboration amongst members of the startup ecosystem. Such members include entrepreneurs, ideators, startups, organizations, investors and service providers.
The Moolya Ecosystem
Moolya is a blockchain based entrepreneurship ecosystem created to provide a hub/platform for collaboration amongst these entrepreneurs, companies, service providers etc. Moolya founders haven researched and studied the offline startup ecosystem have found out that there was no single platform that leverages on the network effect. Also, the existing platform doesn’t offer support for its community users which is not ethical for the growth and expansion of the ecosystem. Moolya.global is
An interaction network
A marketplace
An on-demand service platform
Why choose Moolya?
Moolya offers a digitalized platform as opposed to the offline ecosystem.
Moolya brings technological innovation into the ecosystem in other to create a central hub for connectivity across all tier members of the ecosystem.
Moolya provides a means for entrepreneurs to seek advice and guidance from their predecessors or those with lots of experience in the industry.
Moolya will democratize the startup ecosystem by running it online. This will limit the many factors that mitigate the growth and expansion of startups run in the offline ecosystem.
