From this belief, Arells is creating a marketplace that helps to render bear markets obsolete. Arells is working on achieving this through an innovation called HPM (Holding Price Mechanism) in which asset prices are held after the highest purchase price.

Arells' HPM system has created a new marketplace category called a Solid Marketplace in which bear markets don't exist.

Metrics:

User Growth (Pre-Launch):

1. So far, we have about 10~ Investors (users) who command over 120,000 followers on their social media platforms. We reached out to 100~ investors and are converting about 10%. We expect our user base to quadruple/quintuple after launch (November/December~ 2024) (1,000-2,000~ Investors by Q1 2025)

Partnerships (Pre-Launch):

1. Arells is incubated into the Bitcoin Startup Lab with plans to begin fundraising at Demo Day (January 2025).

Team (Pre-Launch):

1. Founder (Engineer/Designer): Jeremy Akatsa (Ethereum Foundation, University of Houston Wolff Center for Entrepreneurship)

Product Progress (Pre-Launch):

1. Arells 0.9 Complete