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Balaxi (OP)
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August 15, 2020, 06:56:46 PM
 #1

Hi,

I am running a crypto news portal in Hungary, the site is called BitcoinBazis.hu. I know, is not that fancy as having a DeFi project or a staking platform but still it grows and generates revenue in a relatively underdeveloped market.

The site is online since 2016, has around 200.000 - 300.000 page views a month, enough advertisers and third party offers to keep it profitable but still, as owner, I feel that I can't get to the next level in this tiny market.

So I like to expand internationally and want to target two other countries, where I and my team can accomplish new things during the years and reach the same level of media sophistication (big words, I know lol) as we did in Hungary (we are gradually becoming mainstream and increasing the monthly content volume and topics that we cover).

One is Italy, where we have great business connections, native or near-native content writers, in fact, one of our Hungarian team member lives there and feels determined to build up with us there a media outlet. The market is relatively mature and large, plus Italians feel nowadays in terms of their own financial situations, that they are on the sucker end, so I think this is a good starting point to get in to the market.

The other one would be Indonesia. Here as well, we have very close connections with the local industry and my team boast several Indonesia connected family and professional relationships. The market is large, so without doing a deep market research, I think it can bear another high standard crypto news portal.

This is not a one year long get rich quick project, and who thinks so is fool, but given, that I and my team was able to do it in Hungary, I can do it in those two countries two.

I need some new challenges.

So yeah, if you could please comment on the idea and prospect, I would be really grateful. I am very loyal to Satoshi's vision (not that BSV scam) about a financially interconnected digital world, where financial third parties are irrelevant and money means inclusion, censorship-resistance and liberty.

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August 16, 2020, 10:26:20 PM
 #2

Binance is a pretty good model to follow.

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Balaxi (OP)
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August 17, 2020, 07:41:50 AM
 #3

Binance is a pretty good model to follow.

I am not sure I get it. So basically to launch an ICO and and build an exchange and then buy up the lesser competitors?
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August 17, 2020, 11:25:18 AM
 #4

Binance is a pretty good model to follow.

I am not sure I get it. So basically to launch an ICO and and build an exchange and then buy up the lesser competitors?

ICO is rotten business due to the scamming events happened before and until today so if you plan to run an ICO then provably you will face many criticism since crowd fundings using the ICO is not good these days. Maybe build up a good model if you have a money since if people find that you can create a good product for that, then for sure your market will wide.

Balaxi (OP)
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August 17, 2020, 03:49:20 PM
 #5

Binance is a pretty good model to follow.

I am not sure I get it. So basically to launch an ICO and and build an exchange and then buy up the lesser competitors?

ICO is rotten business due to the scamming events happened before and until today so if you plan to run an ICO then provably you will face many criticism since crowd fundings using the ICO is not good these days. Maybe build up a good model if you have a money since if people find that you can create a good product for that, then for sure your market will wide.

I wasn't planning at all. I prefer legit ways to create value. Funds are ok, but not enough for expansion.
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August 17, 2020, 06:09:18 PM
 #6

You need angel investors. I can't look for the legit angel investing website although I've seen one yet I can't find the latest listing on this website. https://angel.co/

I'm not vouching for them but check it if there are ideas that suit your expansion. And you might as well get your .com domain if you're planning to go international or those country domains for those targeted countries of your expansion.



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August 17, 2020, 07:07:29 PM
 #7

You need angel investors. I can't look for the legit angel investing website although I've seen one yet I can't find the latest listing on this website. https://angel.co/

I'm not vouching for them but check it if there are ideas that suit your expansion. And you might as well get your .com domain if you're planning to go international or those country domains for those targeted countries of your expansion.




Hi,

Thank you for the advice.

We plan to launch in both country with a different domain. For Indonesia, actually we plan to take over a minor Bitcoin .id blog and then build that up. The owner is willing to sell it to us.

In Italy we have few .it domains reserved already.
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August 18, 2020, 01:18:31 PM
 #8

You need angel investors. I can't look for the legit angel investing website although I've seen one yet I can't find the latest listing on this website. https://angel.co/

I'm not vouching for them but check it if there are ideas that suit your expansion. And you might as well get your .com domain if you're planning to go international or those country domains for those targeted countries of your expansion.




Hi,

Thank you for the advice.

We plan to launch in both country with a different domain. For Indonesia, actually we plan to take over a minor Bitcoin .id blog and then build that up. The owner is willing to sell it to us.

In Italy we have few .it domains reserved already.
Nice, so it has been well planned at all. You have already the experience and you're getting a huge traffic so that shouldn't be a problem. I just thought that you haven't looked at it but, I'm wrong and you're already doing it as a good sign of your start.

You can also conduct a public announcement that you are in need of investors for the expansion that you'll do on your website. I think there will be countrymen that will show interest of investing prior to your expansion.

Balaxi (OP)
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August 18, 2020, 07:18:53 PM
 #9

You need angel investors. I can't look for the legit angel investing website although I've seen one yet I can't find the latest listing on this website. https://angel.co/

I'm not vouching for them but check it if there are ideas that suit your expansion. And you might as well get your .com domain if you're planning to go international or those country domains for those targeted countries of your expansion.




Hi,

Thank you for the advice.

We plan to launch in both country with a different domain. For Indonesia, actually we plan to take over a minor Bitcoin .id blog and then build that up. The owner is willing to sell it to us.

In Italy we have few .it domains reserved already.
Nice, so it has been well planned at all. You have already the experience and you're getting a huge traffic so that shouldn't be a problem. I just thought that you haven't looked at it but, I'm wrong and you're already doing it as a good sign of your start.

You can also conduct a public announcement that you are in need of investors for the expansion that you'll do on your website. I think there will be countrymen that will show interest of investing prior to your expansion.

Hi,

Thanks. Planned, but still in baby step mode. To be frank, I never worked with investors and not willing to sell my soul, not even sure how things go.

We hinted to our community that we are planning an expansion, the reaction was mildly positive. About my countrymen showing interest...well...heh...Hungary where we operate...sounds harsh what I say, but I am more afraid of them than wolfs Cheesy I would rather prefer international/regional co-ops, that is why this angel.co seems interesting platform.
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August 18, 2020, 08:07:37 PM
 #10

You need angel investors. I can't look for the legit angel investing website although I've seen one yet I can't find the latest listing on this website. https://angel.co/

I'm not vouching for them but check it if there are ideas that suit your expansion. And you might as well get your .com domain if you're planning to go international or those country domains for those targeted countries of your expansion.




Hi,

Thank you for the advice.

We plan to launch in both country with a different domain. For Indonesia, actually we plan to take over a minor Bitcoin .id blog and then build that up. The owner is willing to sell it to us.

In Italy we have few .it domains reserved already.
Nice, so it has been well planned at all. You have already the experience and you're getting a huge traffic so that shouldn't be a problem. I just thought that you haven't looked at it but, I'm wrong and you're already doing it as a good sign of your start.

You can also conduct a public announcement that you are in need of investors for the expansion that you'll do on your website. I think there will be countrymen that will show interest of investing prior to your expansion.

Hi,

Thanks. Planned, but still in baby step mode. To be frank, I never worked with investors and not willing to sell my soul, not even sure how things go.

We hinted to our community that we are planning an expansion, the reaction was mildly positive. About my countrymen showing interest...well...heh...Hungary where we operate...sounds harsh what I say, but I am more afraid of them than wolfs Cheesy I would rather prefer international/regional co-ops, that is why this angel.co seems interesting platform.
Angel  co is a nice venue to get angel investors and since your project is already functioning but need to be expand they will be interest in it but you still need to legal advise about to work with investors even if the investors are from your local community in Hungary. However, you can also try the Italians and Indonesia local board on here while your team that reside there organize a physical meeting.

.
.Duelbits.
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Balaxi (OP)
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August 20, 2020, 08:16:39 PM
 #11

You need angel investors. I can't look for the legit angel investing website although I've seen one yet I can't find the latest listing on this website. https://angel.co/

I'm not vouching for them but check it if there are ideas that suit your expansion. And you might as well get your .com domain if you're planning to go international or those country domains for those targeted countries of your expansion.




Hi,

Thank you for the advice.

We plan to launch in both country with a different domain. For Indonesia, actually we plan to take over a minor Bitcoin .id blog and then build that up. The owner is willing to sell it to us.

In Italy we have few .it domains reserved already.
Nice, so it has been well planned at all. You have already the experience and you're getting a huge traffic so that shouldn't be a problem. I just thought that you haven't looked at it but, I'm wrong and you're already doing it as a good sign of your start.

You can also conduct a public announcement that you are in need of investors for the expansion that you'll do on your website. I think there will be countrymen that will show interest of investing prior to your expansion.

Hi,

Thanks. Planned, but still in baby step mode. To be frank, I never worked with investors and not willing to sell my soul, not even sure how things go.

We hinted to our community that we are planning an expansion, the reaction was mildly positive. About my countrymen showing interest...well...heh...Hungary where we operate...sounds harsh what I say, but I am more afraid of them than wolfs Cheesy I would rather prefer international/regional co-ops, that is why this angel.co seems interesting platform.
Angel  co is a nice venue to get angel investors and since your project is already functioning but need to be expand they will be interest in it but you still need to legal advise about to work with investors even if the investors are from your local community in Hungary. However, you can also try the Italians and Indonesia local board on here while your team that reside there organize a physical meeting.

Thanks for your comment, legal advice is definitely in the bag when it comes to investor relationships. We operate since 2016, locally and that's what we wanna change sooner or later. We are no CoinTelegraph or any big shot, but we do picked up some experience, integrity and editorial standards during the years which might be beneficial in other countries too. In Italy we already have someone interested who want to partner with us, but they are - lets be simple - nocoiners. We would prefer to bring in investor who understands the sector with all its benefits and drawbacks. It is just easier (and at the same time harder) to justify and validate your mission in front of those who have real time experience with cryptos. I'll take your advice, gonna introduce my plan to the local communities on Bitcointalk. Thank you Smiley
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