Why we are not afraid of competitors

We create a solution that has never been seen before. Get this: we offer an IoT device that is based on AI algorithms, big data analytics tool, blockchain, and a few more network protocols to connect all members in an ecosystem in the fastest and most secure way possible.
Breaking new ground always requires spending more time and resources on building a strategy, product development, educating the team, investors, and most importantly, the community. Hence, we decided to concentrate all energy on the strategy and the product rather than competitors racing.

We don’t compete, we cooperate

So far, there are no similar solutions that we know of that could compete with System ‘Eye’. However, our main purpose is to increase safety on the roads and reduce the number of car crashes. That’s why we constantly communicate with indirect competitors and find new market players to see how we can improve the product and people’s lives together.

Keep an eye on the market

Knowledge is power. It’s important to determine a circle of interests you could benefit from.
For us, it would be new automotive technologies (teen driver limitations, adaptive cruise control, rear-cross traffic alert), self-driving cars and how they strive to conquer the market, video recording devices, vehicle security systems.

The sky is the limit

Don’t chase the roadmap of your competitors. Imagine that one day the company you’re looking up to goes out of business, pivot to a different space or worse, goes bankrupt. Stick to your ideas, goals, plans, and perspectives. Otherwise, you will end up limiting your product to already existing solutions.

No time for complacency

Our roadmap speaks volumes. From this point of view, we don’t have time for fear of competition that can act not as an accelerator but as a real bottleneck. We plan to build a complex solution that could prevent car accidents and save lives on the roads by simply notifying drivers on potentially danger elements. Also, we are to offer traffic data monetization so that drivers could store and share their information which now is only accessible to car manufacturers.
That means we should put all our energy, time and efforts in evolving the platform. Our smart device has much to learn to make predictions faster and more accurate.


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Top 5 reasons why startups participate in conferences

Tomorrow, Discoperi team will attend Dubai International Blockchain Summit, the world’s largest gathering of blockchain startups, experts, and enthusiasts. For us, it is an opportunity to showcase System ‘Eye’ to the participants and investors and discuss how we can improve our lives with the blockchain technology.

During 2018, we plan to participate in at least 10 events. You might ask what’s the point of spending the budget on traveling around the world, if we could invest it in the product development. However, for a startup at its early stage, it is critical to have an opportunity to showcase its product, meet like-minded people, receive feedback and share experience.

Our CEO Alex Bond (Alex Bondarenko) believes that startups should understand why they spend time on conferences:

“The only purpose to attend open and public events is getting funded. You’re too virgin to show up just for the sake of showing up. You’re not in the position where you can throw money (as most probably you’re far away from the revenue). Go there and attract funds. Be realistic with yourself.”

Here are our top 5 reasons to participate in events.

Pitch System ‘Eye’

Occasionally, we give a speech at different events and our CEO Alex Bondarenko shares our vision and values. Alex knows how to send the message and explain how System ‘Eye’ greatly changes the way we act on the roads and how we can monetize traffic data for ourselves instead of giving it away to car manufacturers.

Find investors

It is no secret that young startups constantly seek new investments, and we are no different. System ‘Eye’ is a complex high-tech platform that requires continuous developing of its evolving AI algorithmsbig data analytics tool, and enhancing a blockchain-based network protocol. Beyond that, our marketing activities grow exponentially as we want to get more people to know about the product.

Exchange experience

At conferences, we often meet founders of companies that have already been through all the stages of development and share their ups and downs. Although our team is a conglomerate of experienced soldiers, we still have a lot to learn. We can’t avoid all the mistakes on our way, but we can get prepared for a majority of them.

Socialize

Being among the top prominent entrepreneurs, we have a chance to meet new potential partners, investors and recruit high-potential employees. Also, we strive to get in touch with media representatives and get discovered on various news channels to attract more followers and supporters. Hence, we make connections beforehand and set up meetings with journalists to discuss media opportunities and reveal more details on the product face-to-face.

Get inspired

One of the biggest challenges we experience so far is focusing on the road safety and technologies that can help us solve the current situation. It’s important to expand our boundaries and inspire the team with new sources and ideas every so often. Business events help us be aware of what’s going on in the world and find more enthusiasts who hold the same views as ours.

Our team along with Alex Bondarenko has already set up a few promising meetings with potential partners at DIBS that will be held at Atlantis the Palm — one of the most gorgeous places in UAE. Beside that, Alex will give a speech and talk about System ‘Eye’ sharing the story behind its creation with the blockchain community.

The conference is expected to host over 5000 delegates.


Don’t forget to book a meeting with Alex Bondarenko.

Can’t wait to meet you there and bring more news!


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