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Category: Ponder

The Biggest Pitfalls of Online Dating in India

Posted on January 22, 2019

Indian dating statsTIMES OF INDIA – Jan 18 – When it comes to marriage, Indian families have traditionally relied on the referrals route. The online matchmaking industry in India is now almost two decades old, and one big benefit it has brought is exponentially increasing the choices available to those seeking partners. According to a Ken Research Report of 2016, India's online matchmaking industry revenues are set to touch $318M by 2020. The biggest pitfalls of online dating are security and safety. Not surprisingly, the gender ratio is highly skewed in favour of males. A survey by dating app Woo puts the ratio of male: female at 74:26. Woo says it keeps users' personal details confidential, analyses users' digital footprint to verify relationship status and professional information, and enables women to call matched profiles without revealing their own phone numbers. TrulyMadly, another player in the space uses a trust score for authenticity and gets the user Facebook-verified. However, possibly the safest method of matchmaking or dating still remains the referrals route. Dating app Ponder uses referrals from family members and close friends to help its users find the special one.

See full article at Times of India

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Brand Capital Invests in Blockchain-powered App ‘Ponder’ To Launch in India

Posted on December 30, 2018

Ponder app logoINDIANWEB2.COM – Dec 30 – Brand Capital, the strategic investment arm of India's largest media conglomerate the Times Group, has acquired a stake in Ponder, a blockchain-based recommendations platform. Founded in 2017 by Manshu Agarwal and Chris Imani, Ponder is a game-like mobile app to play matchmaker where users win money for making successful matches. With a drag and drop photos of friends or other singles that one think would be a good match, users play a matchmakers if singles like each other the user win $10, if they marry they get $1K. The app has been downloaded over 120K times and the startup is now building another referral app for recruitment purposes.

See full article at Indianweb2.com

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This post also appears on InternetDatingInvestments.com.

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Ponder’s Pitch on Meet the Drapers

Posted on December 4, 2018

OPW – Dec 2 – Ponder is a friend-to-friend matchmaking app that uses blockchain to pay for referrals. The app is running a crowdfunding campaign. Ponder’s founder & CEO Manshu Agarwal pitched his app on TV show Meet the Drapers.

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This post also appears on InternetDatingInvestments.com.

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Ponder: A Trusted Referral Dating App On The Blockchain

Posted on April 26, 2018

Ponder app logoGLOBAL COIN REPORT – Apr 25 – The importance of the blockchain is that it reduces the reliance on a third-party to verify transactions. Ponder uses blockchain and gamification techniques to both generate trust among the participants and to make the process more enjoyable. The first segment Ponder targets is online dating. The Ponder App is already in beta and is a game for playing matchmaker where users can earn real money by making successful matches. The app already has over 70k registered users in the US. With the app, users earn $10 if the couple that they recommend to each other become a match. If the couple marries, the matchmaker receives $1K.

See full article at Global Coin Report

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Summarized by the IDEA team

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PonderApp Blockchain Platform Is Making It Possible To Get Paid For Playing Cupid

Posted on February 28, 2018

Ponder iconBTC MANAGER – Feb 27 – Apps like PonderApp are turning matchmaking into a game and rewarding users who help to create pairings. The platform is designed primarily for romantic matches, but it can be extended to recruiting, business partners or roommates. Users need to state whether they're 'looking for love,' or 'just interested in playing matchmaker.' If it's the latter, they’ll be presented with a stream of singles. They can then make suggestions based on the users' profiles. If one of the matches they suggest like each other and would like to take things a step further, they'll both pay a fee of $10. $10 will be kept by the app, and the matchmaker receive the other $10. If the couple eventually decide to get married, the platform will pay the matchmaker $1K.

See full article at BTC Manager

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Summarized by the IDEA team

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Love Is ‘No Battlefield’ With The Blockchain

Posted on February 19, 2018

BlockchainFORBES – Feb 19 – Dating services have now become a $3B market. A study by Pew Research Center has shown that use of dating apps by Americans (18-24) tripled in 2016 vs in 2013. Usage by "Baby boomers" aged 55 to 64 doubled within the same time span. Today, emerging technologies like blockchain are now figuring out ways into the industry as well. For example, networking and connection platform MatchPool is a pioneering dating-meets-blockchain application. And, up-and-coming services like Hicky and Ponder are also seeking to improve upon the current online dating experience. Manshu Agarwal, Ponder's CEO and co-founder, said: "The blockchain has been called the Internet of Value, providing new ways to reward people for their time and effort." Ponder incentivizes it's users to create successful matches. Blockchain can improve security. The technology provides means to secure data and transactions. Blockchain's transparency could also help encourage good behavior among users.

by Roger Aitken
See full article at Forbes

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