KOON is a digital savings platform that allows users to invest in physical gold starting from just 20 baht, utilizing blockchain technology for secure transactions and storage. By partnering with trusted gold shops in Thailand, KOON addresses the challenge of building savings habits while providing a reliable and easily accessible way to grow wealth.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals in Thailand lack access to convenient and secure methods for saving and investing in gold, a traditional store of value. Existing options may involve high minimum investment amounts or concerns about the security of physical gold holdings. This makes it difficult for average individuals to build wealth through gold accumulation.
Solution
KOON provides a mobile platform that enables users to invest in physical gold with small starting amounts. By partnering with established gold shops, KOON offers a secure and accessible way to accumulate gold savings. The platform utilizes blockchain technology to record transactions and secure the underlying gold assets. Users can easily buy, sell, and track their gold holdings through the app, promoting consistent savings habits and wealth accumulation.
Target Audience
The primary target audience is individuals in Thailand seeking a convenient, secure, and accessible way to save and invest in gold, particularly those who are new to investing or prefer smaller investment amounts.
Features
- Digital gold savings starting from 20 baht
- Partnerships with trusted gold shops in Thailand for secure gold storage
- Blockchain-based transaction recording for transparency and security
- Mobile app for convenient 24/7 access to gold savings
- Option to withdraw savings as cash or physical gold
- User-friendly interface for easy gold buying and selling
- Savings tracker to monitor wealth growth