Kambria Deeptech project Nomination
PROJECT NOMINATION: Roostoo
DEEPTECH CATEGORY: Blockchain
PROJECT DESCRIPTION:
Mass adoption is a phrase everyone hears a lot within the crypto industry. To reach mass adoption, the industry will need to work together to build a positive narrative around this emerging asset class, especially amongst the young generation who will be the future users of digital tokens.
To increase awareness among youngsters like ourselves, Roostoo was built — a life-like mock crypto trading mobile app for people looking to gain cryptocurrency experience.
Available for download on Google Play: https://play.google.com/store/apps/details?id=com.roostoo.roostoo&hl=en_US
Sign-up for iOS Beta: https://www.roostoo.com/
The app serves as a safe way to practice trading and investing with real-time market simulation, providing a realistic and risk-free environment for people to accelerate their crypto learning curve at zero costs.
While building the Roostoo app, The team want to deliver the message to it’s users (especially people new to the space) that cryptocurrency is not as scary as it sounds. For example, Bitcoin is not that expensive to buy — you don’t need $10,000 USD to buy a bitcoin because it is divisible.
The team emphasize heavily on user interface and user experience of the mobile app. After all, they are building a simple, intuitive, and clean user interface that defines our state-of-the-art mobile platform.
TEAM INFO: Hoi San Edward So (Founder)
Jolly Zhao (Co-founder)
Nitin Dwivedi (Director of Global Partnerships)
Get nieni8’s stories in your inbox
Join Medium for free to get updates from this writer.
Website: https://www.roostoo.com/
Contact: nitin@roostoo.com
This is why the community should vote Roostoo
Given the current status quo and the anticipation of a global token economy, Roostoo is hoping to increase the awareness and interest of young people on the exciting future of cryptocurrencies.
To start off, the team built a mock crypto simulation app for anyone to have a virtual portfolio while mock trading real-time with the market. One barrier for young people is the lack of understanding and a risk-free way for them to interact with cryptos. Most youngsters wouldn’t want to delve into the complexity of cold wallets and private keys, before even knowing what Bitcoin actually is.
Gamifying the crypto experience is different. There is no risk, no paywall, no obligation to sign up, no barrier for use. This is perhaps the most welcoming way to enter the mass of users who have not known much about the crypto movement.
Furthermore, The team is introducing a competitive aspect of crypto trading into our app. The team is also allowing third parties, such as university clubs, to host their branded contests on the Roostoo app. The competitive nature will hopefully intrigue the curious and fun minds who want to engage with their peers.
While top researchers, developers, and entrepreneurs are building advancements to address the technical challenges of blockchain and crypto applications (e.g. privacy, scalability and incentive mechanism), Roostoo is working on disseminating the positive narrative of crypto tokens to the youth today.
The Roostoo team is also receiving university interests globally to collaborate with a startup that also rooted in a university. More about the launch of the new mock trading competition feature will be covered in the next blog article. Meanwhile, thanks to the amazing people who keep building the foundation amidst the crypto winter. It gives a huge boost to the next wave of “crypto mania”, and this time, the infrastructure will be ready to support the high volume of interest.
Roostoo is a start-up based in the University of Southern California Incubator, co-founded by three core members of the Blockchain@USC community.
Kambria project portfolio program:
Kambria project portfolio is aimed at providing information on technology, as well as deeptech project listing to help them with partnership opportuinities in the Kambria ecosystem
https://kambria.io/portfolio/
Kambria Network is an open innovation platform that promotes Deeptech projects (AI, Robotics, Blockchain, VR/AR, IoT, as well as other fields). through our platform, partnership and collaboration is made easy and accessible.
WEBSITE:
www.kambrio.io
