Quizando.io - Revolutionising the influencer world

Quizando is a state of the art quiz delivery system that gives player the chance to win real cash for taking part in a variety of different trivia game

Quizando solves two very distinct, but closely related problems.
Firstly, the vast world of quiz-loving people has never had a one-stop platform where they can fulfill their desire to play quizzes and win money.Thanks to our state-of-the-art tech, fun games, varied formats and vast database of trivia, that problem is already solved.
Secondly our platform solves an even more pressing problem that has been plaguing the social media world for years – I have a following but how do I make money from it? Our revolutionary Quizando Live games will take this problem and make it a thing of the past.
How we intend to use the Blockchain?
Quizando truly believes that the blockchain is the future of gaming – providing fairness, traceability and
transparency for all stakeholders in the eco system. As these values are essential to our project, the blockchain
will be at our very core.
Our initial use of the blockchain will be in our payments systems, ensuring that every player and every quiz host
has complete peace of mind about how the funds are allocated and distributed every time a Quizando Live game
is played.

Market

With the market having truly been created only about a year ago, it’s kind of difficult to estimate Quizardo’s further potential. The figures that Quizardo present about potential fans of this genre (500 million globally) seems possible in theory, but it’s a question of whether or not that potential can turn into the actual user audience.

As an alternative benchmark, we can use the volume of users from the statistics of Quizardo’s rival – HQ Trivia, which has its maximum at 2.5 million users per show and an average of 500,000-1,000,000 users at a time. Judging from the amount of activity on Quizando.com, it has a significantly lower volume of players, but it still seems that the market is big enough in the USA alone, and in other countries it mostly appears almost untouched. And it’s important to notice that participation in HQ Trivia games is free for users (up until now at least), and substantial prize sums are provided by the advertising partners. On the other hand, Quizando charges about $1 per a game but plans to deliver games more often and in a larger variety.

By judging HQ Trivia as the main rival we can see that they present similar products, but with almost opposite approaches. HQ Trivia has centralized sponsor-based applications and gains most of its revenue from the sponsors of the particular game rounds. On the other hand, Quizando focuses more on creating a platform solution where users prepare entertainment for users. When Quizando let content creators handle all of the processes of setting up their own quizzes by providing all the necessary means and sharing commissioner fees, the platform gets boosted with new users and hosts (content creators) gain the opportunity to monetize their efforts. At least this is the plan at Quizando. In addition, Quizandos want to make a bet on famous online celebrities (with a large audience) by inviting them as new games hosts in order to attract new subscribers.

Also, HQ Trivia is more of a local platform for the US. There are lots of emerging applications in other countries, but those markets still have a ton of room for competition. While it seems that Quizando mostly focuses on Europe, there are other local markets they can target. Still, competition is present and there are other blockchain projects that aim to emerge into this market as well.

There is also an element of a hype that drives the quiz industry, which may result in a sudden decrease of user interest as we have seen in some segments of mass culture. But this risk can be balanced by the fact that some local markets are just being introduced to the trend.

In order to assess the market trends we should mention that HQ Trivia was invested in heavily ($15 million) by the Founders Fund, which is associated with Peter Thiel.This indirectly supports the idea that the industry has potential and high expectations from investors.

Quizando gets 30% of the total participation charges from users. So, if Quizando only reaches the 1% of the client numbers that HQ Trivia has (on average about 500,000 non-unique users per day) then Quizando’s revenue may possibly reach a point of about $0.5 million a year ($0.3 x 5,000 x 365). This seems rather fair in relation to the hard cap of $1.8 million.

Summary

Quizando has yet to develop a sustainable infrastructure for the hosts (the influencers in media) and promote that platform on a large scale. And the main question here is whether Quizando will be able to deliver enough value for the quiz players to even pay the low $1 participation fee (during a time when there are some free analogues out there with substantial prizes, even though they do have advertisements).

Pros and cons

(+) Well-defined prospective niche
(+) Existing product (non-blockchain based)
(+) Lean budget
(-) Chargeless analogues (with ads)
(-) Hype-based industry susceptible to suffering a sudden crush
(-) Security token could have been more appropriate here

All things put together, we suppose that Quizando is worth further consideration.

Road map

May 2016
Running Cuizando
June 2017
Running Cuizando v2 with
The Last man standing and
Quiz from head to head
July 2018
10 000 registered
Players
October 15, 2018
Before the beginning of ICO
November 11, 2018
Pre ICO Closes
November 12, 2018
Public ICO begins
February 18, 2019
Public ICO Closes
Q1 2019
Kuizando Live
Development completed
Q1 2019
The public beta version of Kuizando
The beginning of life
Q1 2019
Kuizando Live
Public release
Q2 2019
Development
More games for
Kuizando Live
Start Q3 2019
Public beta Launch
More games for
Kuizando Live
Q3 2019
Public release of games
For Kuizando Live
And also they will have a convenient mobile application on the phone and on the PC!

for more information visit the following link:
Website:https://quizando.io/
telegram:https://t.me/quizando
whitepaper:https://quizando.io/whitepaper
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2010570