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Showing posts from March, 2022

Unique App Concepts with Billion-Dollar Potential for Entrepreneurs & Startups

The mobile app sector is in a state of amazing growth, with millions of users actively engaging with apps every day. According to Statista, the global revenue from mobile apps is projected to reach an impressive $935.2 billion by 2023, a significant leap from the $581.9 billion recorded in 2020. This phenomenal growth signifies a substantial opportunity for entrepreneurs and startups to develop innovative apps that can address problems, entertain, or enrich users' lives. However, in this potential, what are some groundbreaking app concepts that could potentially transform into billion-dollar enterprises in the future? Let's explore some of these exciting ideas that entrepreneurs and startups should definitely consider: Immersive AR-guided Exploration App Augmented Reality (AR) technology, which overlays digital elements into the real world, has numerous applications across education, gaming, entertainment, and tourism. There will be 1.73 Billion mobile augmented reality (AR) ac

How have mobile apps solved traditional travel industry problems?

The travel industry is a thriving industry making itself the world's largest and fastest-growing sector worldwide. Due to the improved living standards and digital inclusion, the traditional travel industry has experienced a revitalized up-gradation. Since, the commencement of smartphones and applications, the travel industry has leveraged a plethora of benefits. With a diverse range of mobile apps helping travelers book hotels & cabs, easy payment solutions, and cancellation, people are sailing their vacations to several traveling locations spending more on traveling expenses & eliminating the past-facing hurdles in traveling activities. Talking about the worth of travel & tourism industry: The global tourism industry has contributed $4.67 trillion till now. Around 415 million tourists have arrived at several tourist destinations worldwide, where they spend $2.37 Trillion in leisure activities (Statista). Hassles that the traditional travel industry has experience

What are the steps involved in NFT Marketplace app development?

Do you know you can buy assets in cryptocurrency format? Take an example of an art auction place where the audience bid for the price value of the art and added their asset value. They can later resell them to gain a specific price. In 2022, with the advent of blockchain technologies, users have an option to store assets digitally. These digital assets are known as Non-Fungible tokens, NFT for short, and can be traded on NFT Marketplaces. One can understand it as a marketplace where digital creators list their creations in the form of images, videos, gifs, and other media formats. All of them have a specific value set by the seller and the purchaser's approach/bid them buy in the first place. Let us see more details on NFT and NFT Marketplace. What is the NFT Marketplace? NFT Marketplace is the latest hype after the massive success of cryptocurrency trading. NFT Marketplaces are trading platforms where users trade Non-Fungible Tokens. They are digital assets whose value is calc