Coronetblockchain
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | <1m |
Date | Investors | Amount | Round |
---|---|---|---|
$270k | Seed | ||
Total Funding | AUD417k |
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Recent News about Coronetblockchain
EditCoronet Blockchain is an innovative startup operating in the beauty and personal care market, specifically focusing on the supply chain of human hair extensions and related products. The company has developed a B2B2C (Business-to-Business-to-Consumer) marketplace that connects African salons, distributors, and retailers with ethical global manufacturers. This ensures that the human hair extensions and haircare products they offer are sourced responsibly and at lower costs.
The core of Coronet Blockchain's business model is its use of blockchain technology to securely track human hair pieces from the source to the customer. Blockchain is a digital ledger that records transactions in a way that is secure and transparent, making it ideal for verifying the authenticity and ethical sourcing of human hair. This technology ensures that the hair products are 100% human hair and that their journey from the manufacturer to the end consumer is fully traceable.
Coronet Blockchain serves a diverse range of clients, including salon owners, distributors, and retailers. For salon owners, the platform not only provides access to high-quality, ethically sourced hair products at factory prices but also offers a booking engine to manage appointments and receive customer referrals. This helps salons grow their businesses by attracting more clients and improving customer service.
The company makes money through various revenue streams, including transaction fees on the marketplace, subscription fees for premium services, and possibly commissions from the booking engine. By offering a comprehensive solution that combines product sourcing, secure tracking, and customer management, Coronet Blockchain aims to streamline the supply chain and enhance the overall experience for both businesses and consumers.
In summary, Coronet Blockchain is revolutionizing the human hair supply chain with its ethical sourcing and blockchain technology, providing a secure and cost-effective solution for African salons and retailers.
Keywords: Blockchain, Human Hair, Ethical Sourcing, B2B2C Marketplace, African Salons, Haircare Products, Supply Chain, Secure Tracking, Salon Booking, Global Manufacturers.