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NS Wallet

Secure

Offline

Password

Manager

IntelliSoftAlpin

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Problem statement

Security Risks of Reusing Passwords

Inconvenience of Remembering Multiple Complex Passwords

Need for Secure and Reliable Storage of Sensitive Information

Risks of Cloud Storage Hack

Need for On-the-Go Access

User Frustration

Addressing the Critical Issues in Digital Security and Password Management

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Solution

Key Features:

  • AES-256 Encryption: Ensures the highest level of security for stored information.
  • Offline Storage: No data is stored in the cloud, eliminating the risk of online breaches.
  • Fingerprint Login: Quick and secure access using biometric authentication.
  • Automatic Backups: Ensures your data is safe with automatic, periodic backups.
  • Password Generation: Generates strong, unique passwords using templates or based on previous passwords.
  • Auto-Logout: Automatically logs out after a period of inactivity for added security.
  • Versatile Information Storage: Stores not only passwords but also cryptowallet seed phrases, 2FA codes, phone numbers, emails and much more.
  • Smart Field Behavior: Fields have intelligent behaviors such as: passwords can be generated, phone numbers can be called directly, links can be visited, seed phrases are displayed with word numbers, 2FA codes dynamically update and so on

NS Wallet is the ultimate secure, offline password manager

that goes beyond just storing passwords

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Market opportunities

Growing Concern Over Online Security

  • Increasing concern over online security due to rising cyber threats and data breaches.

Statistics on Data Breaches

  • In 2023, there were over 5,000 data breaches, exposing more than 22 billion records.

Password Management Market Growth

  • The global password management market is expected to reach $2.05 billion by 2027, growing of 15.2% from 2020.

Increasing Number of Online Accounts to keep safe

  • The average user has over 90 online accounts, making password management a significant challenge.

Consumer Demand for Privacy and Security

  • Increasing consumer demand for privacy and security in digital interactions

Competitive Landscape

  • NS Wallet stands out with unique features like offline storage and smart field behavior

The Rising Need for Secure Password Management

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Traction

Current User Base

- NS Wallet currently has over 12,000 active users.

Significant Reviews and Ratings

- Rated 4.8/5 on the Google Play Store with hundreds reviews.

Achievements and Milestones

- Achieved > 150,000 downloads, maximum user base was around 60,000 users

We did not spend a penny on marketing or promotion, it is all organic traffic

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Business Model

  • Advanced Security Options: Additional encryption methods, multi-factor authentication.
  • Customization: Customizable templates and themes.
  • Priority Support: Dedicated customer support for premium users
  • Advanced Backup Options: Multiple backup destinations and scheduling.
  • Direct Synchronization: Direct synchronization with other devices for seamless data access.
  • Removing Limitations: Unlimited fields and folders for storing data

Freemium with Premium Features

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Business Model

Subscription Model

- Monthly or annual subscription plans for premium features.

- Example: $4.99/month or $49.99/year.

One-Time Purchase

- One-time purchase option for lifetime access to premium features.

- Example: $199.99 one-time fee.

In-App Purchases

- Additional features or storage options available for purchase.

- Example: Extra storage, advanced customization tools.

Partnerships and Integrations

- Collaborating with other apps and services for seamless integrations.

Potential Revenue Streams

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Business Model

  • Regular Updates: Continuous improvement and addition of new features.
  • User Engagement: Regular communication and engagement with users through newsletters, in-app messages, and social media.
  • Feedback Loop: Encouraging user feedback and incorporating it into product development.

User Retention Strategies

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Go-to-Market Strategy

Marketing and User Acquisition Plans

  • Digital Marketing: Utilize social media platforms, search engine marketing, and content marketing to reach potential users.
  • Influencer Partnerships: Collaborate with tech influencers and bloggers to promote NS Wallet.
  • App Store Optimization (ASO): Enhance app visibility in app stores through optimized descriptions, keywords, and engaging visuals.

Partnerships and Collaborations

  • Tech Companies: Partner with tech companies to bundle NS Wallet with their products or services.
  • Security Conferences and Events: Participate in relevant conferences and events to showcase NS Wallet and network with potential partners.

Marketing and Partnerships

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Go-to-Market Strategy

Advertising Strategies

  • Targeted Ads: Run targeted ads on relevant websites, social media platforms, and tech forums.
  • Email Marketing: Develop an email marketing campaign to engage with potential and existing users.

Community-Building Efforts

  • Online Community: Create and nurture an online community through forums, social media groups, and community events.
  • User Feedback Loop: Actively seek and incorporate user feedback to improve the product and enhance user satisfaction.

Public Relations

  • Press Releases: Distribute press releases to announce major updates, milestones, and new features.
  • Media Coverage: Engage with tech journalists and media outlets to gain coverage and reviews.

Advertising and Community

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Financials and Funding Requirements

Porting from Xamarin to Flutter (Milestone 1)

  • Development Time: 4-6 months
  • Developers: 2 Flutter developers
  • Cost Estimate: $40,000 - $60,000

Sync Module Development (Milestone 2)

  • Development Time: 2-3 months
  • Developers: 1 system developer + 1 Flutter developer
  • Cost Estimate: $20,000 - $30,000

Integrating with Browsers, developing browser extension (Milestone 3)

  • Development Time: 4-5 months
  • Developers: 1 Flutter developer + 1 React developer
  • Cost Estimate: $40,000 - $50,000

Development

Budget Breakdown for Porting to Flutter and Adding Features

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Financials and Funding Requirements

Marketing