Like key startup project

This presentation describes the innovative product Like key. Like key is a multi-functional electronic key the size of a half postage stamp, which is placed in a watch bracelet or phone case and works on wireless charging, the battery lasts from 3 to 6 months. This key can record the electronic key to the home door, car, office, payment card, electronic documents and even the key to the intercom. The main feature of the Like key project is the technology of automatic selection(instead of manual selection as on the Iphone ) of the desired key and non-standard location in the watch strap or phone case (patent for this location), which allows you to use this multi-key with any watch of any style and any brand, as well as with any covers for any phone. Such advantages allow the project to reach the maximum breadth of coverage among consumers and to be a convenient indispensable tool that safely locks / unlocks the main places of stay of a person. In addition, this key can be a complete replacement for a bulky car key, because it is much more convenient to go to the beach with a key in a waterproof watch than to bury the car key in the sand

Transcript

1. PRESENTATION OF LIKE KEY INNOVATIVE PRODUCT
2. 0 2 Contacts: +7 967 432 03 68 +7 967 432 03 68 Aleksei Bukhteev like.key yahoo.com LIKE KEY INC. SAIN T-PETERSB URG
3. 0 3 Solutions Problems There was no convenient footwear at the US market of the 1970s Stewart Butterfield’s team didn’t have a solution for convenient and clear corporate messenger Apple has created AirPods Wired earphones always got tangled and fell out from the ears due to wire weight He has created a convenient messenger Slack He has founded Nike Phil Knight's capital is $32 bln Results 30 mln items of AirPods have been sold globally in the amount of $4 bln From scratch in a year $1 bln PROJECTS solving problems of the majority go global
4. 0 4 more than 1 bln 1,5 bln active users CAR WhatsApp 10 bln items PC 5 bln users SMARTPHONE The DAILY NEED segment has the biggest target audience among these solutions
5. 0 5 The solutions existing in this segment REGULARLY BECOME OUTDATED 01 Car unlocking/locking systems and alarm 02 Phone camera, phones 03 3G-4G-5G data transmission rate 04 Keys and locks for cars/flats/offices 05 Safety systems at electronic means of communication 06 Means of authentification - Touch ID/Face ID 64 Photographic and video equipment and editors 65 Games/mobile apps/digital entertainment
6. 0 6 Having surveyed we found out: 294 91% Feel uncomfortable when carrying the key in a bag or in the pocket 84% Have to install additional anti-theft means 79% Want to replace the key to the car/flat with a digital one 74% Lost the key to their flat/car at least once A survey has PROVED THE NEED of new solutions in this segment 75% Are not sure whether they have locked the door leaving the house respondents
7. 0 7 nowhere to put the key during outdoor activities a need to take it out and use with loaded hands the key may get wet/become damp a risk to lose the key statistically cars with a standard smart key are most subject to theft As exemplified by car industry we can see that THE CURRENT FORM OF PHYSICAL KEYS HAS BECOME OBSOLETE
8. 0 8 Alarm tied to a mobile app Depends on the mobile device charge level Do not replace keys and work in conjunction with a standard smart key only Depends on GSM signal Power alarms High cost - from USD 1,500 Used with an additional item - key/keychain Breaking the car interior Digital alarms and immobilizers Used with an additional key/tag High cost of the solution and service – from USD 1,500 In case of improper alarm operation/ fault you lose the access to the car Solutions Drawbacks The solutions existing in car industry HAVE SEVERAL DRAWBACKS
9. 0 9 Keys in adjacent markets still have a PHYSICAL FORM Separate physical item Key to any real estate property: country-houses, villa, flat, office, garage Key to any transport: snowmobile, bike, lorry, helicopter, yacht, car, agricultural equipment
10. 1 0 Conclusion: Things lose their physical form and their functions become digital Keys lose their PHYSICAL FORM
11. 1 1 LIKE KEY will replace the following keys: Keys to any transport Key to the house or flat Key to the office Access to the fitness center Access to the subway E-documents Digital signature Any other keys A SINGLE LIKE KEY can replace all your keys
12. 1 2 Like Key operation is based on a lean multitag system which fits THE KEY STRAP OR PHONE CASE 3v 1 3 2 4 1. Battery 2. Wireless charger 3. Processor 4. Antenna In the case In the strap
13. 1 3 You can use a Like Key if you have a WATCH OR A SMARTPHONE NOWADAYS EVERYONE WEARS A WATCH OR CARRIES A PHONE for watches of any brand for watches with a strap made of any material for watches at any price for watches of any style and design for phones of any brand and model for phones at any price
14. 1 4 Like key Retains the charge for a long time (up to 3 months) Embedded/hidden Remote key (up to 30 keys) Universal style Water/dust-proof Simultaneously active/passive tag Impact resistant/wearproof Unlimited communication standard capabilities Nonvolatile tags GSM key (e-sim) Always with you/hard to lose Cost efficient Auto switching between keys Parental/commercial control (remote key activation) Reading mode Can be used a standard key to a car Phone/ Smart watch Keychain/ strap/ card Embedded tag/ key A Like key has AN UNMATCHED ADVANTAGE of counterparts
15. Standard smart key Digital alarms/immobilizers Power alarms Embedded into a watch strap Remote Like Key Existing solutions 1 5 Alarm with a mobile app Like key is the easiest way to GO BACK FROM AN UNNEEDED ITEM if you have a vehicle Embedded into a phone case Conclusion: All solutions consists of 1-3 items Conclusion: No additional items
16. 1 6 A phone or digital watch can run out of battery- a Like key can be charged once per 3 months Always with you (swimming, at the beach, exercising) Is the main key for opening any means of transport No need to carry other keys or passes Embedded GPS sensor allows locating a Like key phone case or Like Key watch strap Like key creates a new LEVEL OF COMFORT
17. 1 7 $ Conclusion: In a few years there will be no choice between physical and digital keys. The only choice will be the item for embedding such digital key or its shape bln 2,67 13,11% Annual gain rate The smart-key market will reach this value by 2023 mln 50 New cars per year bln 1 Cars in 2018 The potential digital key market will GAIN 13% PER YEAR
18. Among other issues, Like key is a NECESSARY PRODUCT for many B2B market producers Alarm manufacturers Manufacturers of transport means Car maintenance shop Gadgetry chain stores and online shops Mobile device manufacturers Accessory manufacturers Pass and pass terminal manufacturers Door and lock manufacturers 1 8 A variety of sales channels
19. 1 9 Like key solutions is A POPULAR PRODUCT on four markets Phone/accessory manufacturers Like key can become the main competitive advantage in such niches as: 100 000 More than companies 2 000 More than companies 5 000 More than companies Car manufacturers, auto dealers, maintenance shops Door/lock manufacturers Watch manufacturers 1 500 More than companies
20. Currently we have: Key prototype Engineering data Legal IP rights Marketing development plan THE LIKE KEY IS READY. We are attracting investors for project scale 2 0
21. 2 1 Patent a product and sell the patent. Create a prototype unit, organize PR campaigns, arrange demonstrations at exhibitions and sell the patent to a corporation with facilities, resources and a team RUNNING THE PRODUCTION PROCESS SELLING A TECHNOLOGY Make and sell the products: create a team, invest into production, adjust the supply situation, improve functionality, develop the products, fight crackers/copies, hire employees… $ mln 500 from $ mln 1 up to TWO WAYS OF PROJECT SCALE: 1. Own production 2. Selling a proprietary technology Investments starting Investments of
22. 2 2 Drawbacks of investing into a product: High risk to lose positions due to fast changes at a competitive market Freeze of large assets in the operating capital High payroll Production control and management Risk of cash deficiency and running at a loss due to sizeable staff, high production rate and continuous expenses Large investments – 400 times higher than investments into selling a product A longer pay-off period if compared with investments into selling a patent Investing in selling a technology DON’T HAVE THE DRAWBACKS of the investments in running a production process Drawbacks of investing into a patent: Risk of patent solution out-of datedness
23. 2 3 Advantages of investing into a patent: No competitors Can be sold at any stage starting from applying for a patent Short pay-off period (starting from 6 months) No investments into payroll and production process No investments into the operating capital Patent ownership for 20 years Minimal investments Constant income in case of selling the license High income of the investor starting from 1,000% per annum in case of high patent demand High investment security We are ready to develop and make a product, but realize that selling a technology is the MOST PROFITABLE way of developing a project
24. 2 4 Leaders of industry always BUY INVENTIONS AND PATENTS at developing markets have been purchased for the last 5 years by Samsung, Apple и Nokia Corp. (Microsoft) etc. 2014 2015 2016 2017 2018 500 patents and start-ups More than
25. 2 5 The capitalization of THE MARKET OF INTELLECTUAL PROPERTY AND INNOVATIVE INVENTIONS is running into billions thousands 400 Patents in average are created in the USA each year thousands 150 Deals on purchasing patents bln 5 Volume of business of purchasing patents in 2017 $ bln 330-400 Cost of products made under foreign licenses and patents each year The USA is the leader of this market 65% Of income from license export is owned by the USA US share in global export 21%
26. 2 6 In 2018 Apple purchased Spektral– a Danish start-up for Computer- Assisted Teaching Source: Danish Børsen newspaper $ bln 3,2 In January, 2014, Google purchased Nest Labs created by former Apple employees Source: Forbes $ mln 600 Apple will purchase patents of Dialog Semiconductor microchip manufacturer Source: Forbes $ mln 30 There are 3 ways of monetizing patented technologies and products 1st WAY: SELLING
27. 2 7 $ mln 720 Was received by Nokia from Apple in 2009 resulting from two-year proceedings due to violating copyright Besides that, Nokia received a perpetual right for USD 13 license fee from every sold iPhone. That’s because in 1999 Nokia received a patent for a touch- screen used by Apple in its products. Now the latter has to pay money perpetually to the patent holder. $ bln 1,6 Was received by Nokia in 2017 from the fee for using patents. This was equal to 8% of the total revenue On February 1, 2017, the International Court of Justice set the amount of additional compensation by Samsung to Nokia for extending the license agreement since January 1, 2014, for five years. The compensation amount is not disclosed. 2nd way of monetization: LICENSE FEES
28. 2 8 Source: Bloomberg $ mln 539 $ '6 502 VirnetX won an action with Apple for violating the patent law $ mln 200 Was won by court action by VirtnetX from Microsoft $ mln 106 Was won by court action by VirtnetX from Motorola VirnetX Company has patent disputes with Apple, Cisco Systems, Microsoft and Motorola from time to time San José court, California, found Samsung guilty of violating Apple’s patent rights for smartphone design and technologies Should be paid to Apple by Samsung 3rd way of monetization: PENALTY
29. 2 9 The claims against Samsung included use of patented technologies: slide to lock, text zoom in with one touch, calling a contact from the search bar with one touch. Even the most non-significant inventions and patents can make tens of millions dollars on the global scale: $ mln 73 of income for a water gun was received by Lonnie Johnson (the inventor of the water gun – the most popular toy in the world during 1991-1992) from Hasbro Company for license fees due for 5 years. This occurred when the arrangement to pay Lonnie 3% from selling the toy for receiving the patent rights had been violated in 2001. Lonnie, a NASA scientist and holder of 80 patents received USD 360 mln for use of his patents. Now the income from selling the 1989 invention in the game of water guns is $ 1 bln. $ mln 290 was paid by Samsung to Apple in 2013 under the court decision Like key is a GLOBAL-SCALE TECHNOLOGY
30. 3 0 According to estimates, the cost of patent for remote Like Key is up $ 400 000 000 to USD Like Key price. A MILLION-DOLLAR ISSUE
31. 3 1 Think globally, ACT LOCALLY Creation of prototypes Official approval by USPTO patent authority (the USA) More than USD 20 thousands invested into developing/ testing, preparing documentation and marketing December, 2018 January, 2019 September- December, 2019 2020 Fund-raising for project develop- ment (angel inves- tors, venture funds, private investors) Opening a company in the USA Enhancement of the ready-made product and creating a product range, development of solutions for several spheres Participation in exhibitions Like key promotion PR, Marketing Selling the patent or license for using Selling the ready- made product in case of a decision to switch to produc- tion instead of selling the patent Income Patent sales Product sales
32. 3 2 more than 5 % from the investment amount You can get by attracting an investor more than 1 000 % per year You can earn by investing into Like Key INVEST INTO LIKE KEY PROJECT AND MAKE MONEY WITH US
33. 3 3 Invest an amount starting from You join an international project and have a reliable way to increase your capital more than 10 times In this case you get 1% (per $ 50,000) of the income from selling the patent or penalty/license lease for life EXCLUSIVE CONDITIONS: Agreed in case of investing more than $ 50 000 $ 1 000 000 IT’S UP TO YOU WHAT AMOUNT TO INVEST
34. 3 4 A transparent contract. We are open to a meeting with you and can provide all required documents You invest into a legal document and intellectual property using which is strictly regulated in the USA and developed countries THREE-FACTOR PROTECTION of your investments Relevant patented solution
35. THE RECIPE FOR SUCCESS OF LIKE KEY IS A PROFESSIONAL AND EXPERIENCED TEAM
36. 14-year experience of managing own business Earned first money in business at the age of 13 Has created an exclusive business in a competitive niche and sells his product success- fully for 5 years already Participated in developing equipment for agriculture. This resulted in several-fold increase of efficiency Business ACHIEVEMENTS Pavel Semionov, 34 years old General Manager, main inventor I have been up to searching something new, a non-trivial of life, seeking for ways of applying everyday things and trying to beat the odds since childhood when I was taking down toys and assembled their components into something new. I have a 3-year old daughter, but my interest to inventions has never declined finding different ways of demonstrating this in business or in my household. Besides permanent innovative mindset I am inspired by self-improvement and all-round self-understanding. Personal Prize winner at city triathlon tournaments Participated in city and regional football tournaments Winner of a city wheelie competition, 227 kmph. (Riding on the rear wheel of a bike — TN) Never drinks and smokes A husband and a father 3 6 I SEEK INSPIRATION IN: Book: Blue Ocean Strategy Man: Nikola Tesla, Elon Musk
37. 3 7 Aleksei Bukhteev, 28 years old Development Manager, Project Marketing Specialist WHY I AM WORKING ON LIKE KEY PROJECT: There are two things that inspire me the most. The first one is seeking for the easiest and shortest ways of solving any problem. I am interested in all the things that can be optimized, improved or simplified. The process of energy, effort, resource and life optimization is rooted inside me on a natural level. I never get tired of doing this. The second thing that interests me are people and their behavior: cogitation, response, peculiarities, relationships, psyche and the main thing: actualization. My competence has arisen from the first and second hobby. It’s optimizing business processes and marketing as this is based on people and optimizing their processes. Business ACHIEVEMENTS Personal Business advisor since 2013 Zolle Development Director since 2016 Analyzed more than 1,500 companies Coach, spokesperson, presenter Have taught 600 students Learn mnemonics and speed- reading, read 800 signs per minutes Had been living in the USA for a year Have been studying psychology for 11 years Read 10 books per week I SEEK INSPIRATION IN: Book: The Goal by Eliyahu Goldratt Movie: Dallas Buyers Club Man: Richard Branson, Henry Ford
38. 3 8 How can I check out the documents? How will we conclude a contract? I’m ready. What is the route plan? Where to transfer the money? Can I join your team? How can I earn the interest, if I attract the investor? Contact us if you have any questions +7 967 432 03 68 +7 967 432 03 68 Aleksei Bukhteev like.key yahoo.com
39. 3 9 End of presentation — beginning of communication Thank you for your attention! Have a good day!