
How it works
CLICK THE RIGHT ARROW ABOVE to watch our 17 slide pitch deck.
1. Client company decides amount of stock they offer as a reward to gain a huge surge of new users.
The stock is only given out if the goal is hit.
Client companies must have publicly tradable, registered stock. In America new SEC regulations (Regulation A+, Regulation CF) make going public faster, easier and cheaper. There are many companies that you will assist you through this process. Client companies in other nations must have stock that is legally tradable as well. We intend to offer the service globally but we must comply with all laws in all nations.
The client company decides what percentage of stock (S) it would give up to gain a huge surge of new users (U). The client decides the number of new users (U) as its goal for the boost-users campaign. For example, a client company with only 1,000 current users might decide that it would give up 20% of its stock to gain 100,000 new users within 1 month. The client determines the stock percent, user boost goal, campaign time period and all other vital campaign parameters.
We will only work with clients that set reasonable campaign goals. So if the client’s stock percentage is high enough, the new users goal is low enough and the time period is long enough we will work with them if we can agree on other fundamental issues. We won’t work with every potential client. In our testing phase we can only work with one client at a time but we will offer the lowest possible rate for being such a pioneer client. So don’t wait to contact us.
Ultimately our fee will be based upon the value you place on each new user. We want our cost of customer acquisition to be drastically lower than the cost of cash advertising. And unlike advertising you only pay the stock reward if you hit your campaign goal. With regular advertising you pay a huge fee upfront even if your campaign fails.
Second, we will agree on the boost-users campaign parameters.
2. Client sets parameters of the boost-users campaign
• GOAL: How many new users must join for stock to be rewarded. For example: 100,000.
• TIME: Within how many days must the goal be achieved? For example: 30, 60 or 90 days.
• PERCENT: What percentage of stock will be given out as a reward? For example: 10% (a specific number of shares will be indicated). These will most likely be publicly tradable, registered shares currently held by the company’s treasury.
• STOCK-WINNERS: We don’t want people to sign up for your website or app but never use it. We want new users to “join fast and act desirably” so our software uses a point system. The client determines the activities it wants users to be doing and sets the points for each one. Then the client can set how far down the point earners lists the stock rewards be granted. For example: If the goal is 100,000 new users the client could award stock only to the top 60% of point earners (60,000 users).
• REWARD-AMOUNTS: The stock rewards do not need to be equal. The client can set them such that higher point earners (more desirable users) win more stock. In fact, we may require, in order to increase the chance of success, that the highest point earners earn as much as 1% of the stock. We want to activate four different psychological motivators.
3. Our patented software system manages the campaign
We seek to work with a stock brokerage firm that will act as a broker escrow agent (“BEA”). This BEA will hold the reward stock and transfer ownership of the accounts to those users winning stock if the campaign goal is achieved. Having a third-party escrow agent is better for the client company, for us and for the users. It provides specific parameters in a written escrow contract that can be posted on a website and read by anyone seeking to verify the validity of the campaign and the reward being offered. This helps prevent misunderstandings and lawsuits.
Our software system will be in charge of informing users about the parameters of the campaign, tracking the user’s activities and awarding points to users according to the client’s settings. It will keep the user informed of their current point score and the leader board showing who is currently in what place. Our software will then determine, when the campaign deadline is reach, if the goal was achieved or not. If so then it will provide instructions to the BEA regarding how many accounts to establish, the amount of stock to place in each account and the identity of each account owner (the winners of the campaign).
EXAMPLE: If there will be 60,000 users winning stock then there will be 60,000 stock accounts created by the BEA and filled with stock according to the database our system sends the BEA. Some accounts will have the same amount of stock and some will have greater amounts like this:
• Accounts 00001 through 10,000 might have 1 share each.
• Accounts 10,001 through 59,990 might have a greater number of shares in proportion to the points earned so that Account 10,001 has 5 shares while account 30,001 has 100 shares and account 59,994 has 1,000 shares
• Accounts 59,995 through 60,000 might have 1% of stock each.
Our software system will email winners a link allowing them to take control of their new stock account filled with stock. Users will need to click on verifications and agree to contracts as required when stock accounts are opened. We will require that the BEA not charge these new clients any maintenance fees for a minimum of one year. A small brokerage charge may be unavoidable for selling, trading or transferring the stock. However, we intend to make sure this is small and clearly stated upfront.
Is it smart to give up stock to gain a huge surge of new users fast?
We think it is because what makes a company valuable is having many high value users. If you don’t have enough users your stock is probably of low value and your company is likely to fail. Everything else can be great: fundraising, publicity, top quality team members, great product, super partnerships and great distribution channels. But if you don’t have enough users your company will eventually fail. And you need them fast if you want to start generating revenue instead of burning down capital.
You can spend a lot of cash on traditional advertising seeking new users but…
1. You spend a lot of cash which is in short supply.
2. You lose the cash even if the advertising fails to generate enough users.
So it make sense to trade lower value stock to gain a huge surge of high value users and increase the value of all the stock and your chance of success. It should also increase your speed of success.
You give up stock to gain a one time shot of capital during the fundraising process. Why not give up stock to gain users which can generate endless revenue? Raising revenue is the ultimate goal and with sufficient revenue you can stop giving up stock in one fundraising round after another. Instead of giving up stock in 3 or 4 fundraising rounds maybe you can do it in 1 or 2.
A key aspect of our user-boost campaign system is that you only reward the stock to the new users if you hit the goal. If you don’t gain the huge surge of users you set as your goal then you don’t give up any stock. Also, unlike advertising for users, our point system helps you gain desirable users not just people that sign-up but never use your service. So you get more users, more desirable users, faster, and only pay with success. And you gain users that are loyal than ordinary users—because now most will be stockholders.
Will this be enough motivation to get users to join fast and act desirably?
Some people are motivated to act if they know it’s easy to get a reward with a small amount of work (“Low-bar Actors”). Other people are motivated to act if they get more by doing more (“Responsive Actors”). Some people are motivated to act if they might win a huge reward but only have a small chance of getting it (“Big-Reward Actors”). Our system is designed to motivate all three types of people. In addition, most people are motivated to act in game situations. Most people play games and sports at least once in a while and try hard to win during the game. We add the “gamification” motivator on top of the other three. The leaderboard will be viewable by all participants. It will show who has the most points thus potentially winning the greatest amount of stock. We will also show each participant their own score and the constantly changing bottom threshold score to potentially win any stock. And the software will indicate the overall count of new users in relation to the campaign goal.
In addition to these four motivators is the inherent appeal of your company’s own product or service. Perhaps people might not have been aware of it if they had they not be drawn in by our boost-users campaign. So our campaign doubles as a way to get people to try out your products or services that is much stronger than a normal “free trial” offer.
Is this legal?
We are not a law firm and not giving legal advice. We believe that we can offer the service is a way that complies with all laws in particular securities laws and contest laws. We intend to work with all relevant government agencies to gain some type of legal clearance before any campaign is offered. We may also seek a U.S. SEC “No Action Letter”as a confirmation that our intended service is not explicitely violating securities regulations. In any case we intend to work closely with the SEC to make them aware of our revolutionary new system. The SEC claims to welcome new innovations and has a specific division to review them. We hope so as we think FastUsers could help rescue distressed companies that are nearing bankruptcy caused by the Covid lockdowns. The faster we can get clearance the more companies we might help.
Why is publicly tradable stock required?
It is against U.S. SEC regulations to trade stock publicly, even if you are giving out stock for free, unless it has been approved for public trading and registered under all SEC regulations. We must assume that regulations in other nations are similar. Also, publicly tradable stock is a much better reward, thus a much better motivator, than private stock that is of unknown value and difficult to trade. The good news is that the SEC has made it much easier to take your company public as stated above.
Who founded FastUsers?
Logan Clements started FastUsers. Clements received his MBA from The Simon School of Business at the University of Rochester at 22 years old. He moved to the west coast to start The “American Venture Capital Exchange” and “American Venture” magazine. The magazine was eventually sold and he moved to Los Angeles to work on documentary movie production and real estate development.
Logan is seeking team members to join FastUsers right now on the Join Fast page. Technology experts, marketing pros and all other highly motivated entrepreneurs are encouraged to join. FastUsers will offer the excitement of Silicon Valley start-up that will be helping many other companies as it’s service.
We are seeking team members now.
AMERICAN VENTURE MAGAZINE
American Venture Magazine was started by Logan Clements in the 1990s. It brought stories of entrepreneurs and venture capitalists to the world in a printed magazine sold on newstands across the U.S. and Canada and distributed at venture capital conferences. It focused on "firsts" —first product, first employee, first customers, first capital raised. Its advertisers included Dell Computer, many Silicon Valley law firms, and a wide range companies selling products and services for entrepreneurs.
It’s predecessor, The American Venture Capital Exchange (AVCE), was the first of its kind in the 1990s with a dial-in BBS then a website that helped entrepreneurs connect with early stage investors.
Where
Our U.S. base will be in Silicon Valley and our Asian base will be in Bangkok, Thailand in True Digital Park a development designed specifically for start-up companies. However we will have team members and clients around the world. We seek to license our technology globally in every category and nation where it is legally possible.
When
2020: Establish company in Thailand, start creation of both software systems (stock-reward and credit-reward). Completed.
2021: Verify legality of stock-reward service with the Securities and Exchange Commission of United States of America.
2021: Finalize creation and alpha testing of both the stock-reward software and the credit-reward software.
2021: Do proof-of-concept tests of the credit-reward system in a Bangkok restaurant. Then test and use the credit-reward system in as many businesses as possible both inside Thailand and around the world. It can help companies restart fast after Covid lockdowns.
2022: Sign partnerships with stock brokerage firms to participate in the campaigns and provide stock-holding accounts for winners.
2022: Create U.S. company offering an old Internet service as a “test client” and take it public using Reg. CF or Reg A+.
2022: Use our publicly traded test client to do a proof-of-concept test to show we can gain a huge increase in customers by offering stock in a publicly traded internet company as a reward when a customer goal is hit.
2022: Do secondary proof-of-concept tests for the stock-reward system with a publicly traded company not owned by ourselves.
2023: With partners: license out our patented user-boost software in as many categories and nations as possible.
2023: Launch our own company-owned ventures in many categories or nations.