What is Lonch?
Lonch is a product accelerator platform which combines crowd investment with a social network of doers. It connects visionaries with contributors to pitch and build products and convert sweat equity into royalties.
Lonch bypasses the traditional challenges of starting and maintaining a business so that entrepreneurs can focus on the successful creation and launching of the product. Lonch provides the infrastructure and tools to allow anyone to contribute their skills to innovate and launch products, with little to no up front costs and reduce the risk of uncertainty while working with other skilled and driven people all around the world.
The Problem: Status Quo
Most startups fail, there are many reasons for that, one of which being that the product runs out of money before it can find market fit.
Another reason startups fail is because most entrepreneurs and their founding team are not able to do everything a startup needs throughout its life cycle. Risk of financial ruin and loss of company vision dissuade many would be entrepreneurs from embarking on the path to creating products.
Accessibility
Most startup infrastructure, like incubators and accelerators, are based in faraway places like big cities and Silicon Valley.
Startup Capital
Companies that need money to cover upfront expenses become burdened with debt, or must sell ownership of their vision.
Risk / Reward
Business owners assume almost all the risk. Employees or contractors assume very little risk but gain stability.
Lock-in
Neither companies nor employee can branch out and try new things outside of the established business roles.
The Solution: Lonch
Lonch reduces the risk of bringing an unknown product to market. By moving compensation back to when a product makes money, contributors are empowered to bring a product to market fast and iterate. This also eliminates one of the biggest costs of starting a business: acquiring and paying domain experts.
Lonch is there for you every step of the way to bring a product to market, from bootstrapping, budgeting, execution, to marketing and shipping.
It starts with you
You join and add your skills to the ecosystem. Without people like you, this service is nothing. Because of you, the possibilities are endless.
Pitch or join a product
Find a product you're passionate about and join. Pitch a unique product to the community and recruit others. Or help out multiple products.
Open / Closed Product
Lonch learned how to be more fluid from the Open Source community and provide vision and ownership from the traditional business model
Slicing the Pie
Compensation occurs on the backend. All effort is tracked and saved in the Blockchain. When a product begins to makes money, so do its contributors.
Invest in yourself
Apply our expertise and available time to build an investment in a diversified portofolio of products. Gain the potential for much larger rewards.
Freedom
Become the master or your work life balance, in a way that has never been this easy before. Work as much as you want, on whatever you want, wherever you want.