Wealth Dragons PLC (“Wealth Dragons”, “WDG” (ISIN: GB00BGMGZR93), a leading provider of virtual training events and author of international bestsellers, is providing investors with an update on its “iMentors” app and new marketing guidelines for app acceleration.
iMentors is the world’s first audio-enabled social media app that offers 1:1 interactions between mentors and mentees. It is possible to pay on a question basis and by subscription. Unlike competitor products, iMentors is the only audio-enabled app in this category that allows participants to earn instant income.
Management plans to introduce iMentors in Q1 2023 through an extensive marketing campaign through its online marketing department and planned seminars.
“iMentors already has an organic database of over 300,000 prospects awaiting official launch and has a global social reach of over 1,000,000 followers, providing a fantastic path to market and a valuable future user base.” – Vincent Wong, CEOWealth Dragons
iMentors is an audio chat based app that allows users to connect directly with their chosen mentors offering conversations and discussions on a variety of topics. It is possible to pay on a question basis and by subscription. Content is created gradually, and no expensive camera setups or technical skills are required – anyone can create content as an “iMentor”.
However, while other online learning tools allow creators to gain exposure, there is no winning concept here. So no one makes money directly from the app. With its monetization method based on the pay-for-learn model, “iMentors” is much better suited for accelerated growth.
Company’s market segment forecast
COVID, lockdown and new technologies have fundamentally changed the way people seek information and receive education as almost everything is now available online. The e-learning sector covers everything from university courses and corporate training to podcasts and other audio content. According to a 2022 Global Market Insights report, the sector was worth over $315 billion in 2021. It is projected to reach $1 trillion by 2028.*
the iMentors-App has already undergone extensive development and testing. Wealth Dragons Group PLC is currently arranging investment facilitation for the official launch of iMentors in the 1st quarter of 2023.
About Wealth Dragons
Wealth Dragons is a UK based self-help company co-founded in 2009 by Vincent Wong. The company reaches over a million people worldwide through its live and virtual training events, best-selling books and social media presence.
Wealth Dragons Group PLC is listed on the direct market of the Vienna Stock Exchange. [VIE:WDG]
www.weathdragons.com
The source language in which the original text is published is the official and authorized version. Translations will be included for a better understanding. Only the language version that was originally published is legally valid. Therefore, compare translations with the original language version of the publication.
View original version on businesswire.com: https://www.businesswire.com/news/home/20220920005650/en/
Leverage must be between 2 and 20
No data