Sales volumes
Advertising business model
The advertising model will be launched in Q4 2018 and will focus on local events, but, according to our estimates, a full-scale rollout will happen when there is total of over 2 million people on the platform.
The advertisers from the traditional outdoor advertising market are slated to most intensely manifest in the 10 largest world cities (without taking into account the switchover of digital advertising specialists):
New York
London
Berlin
Paris
Beijing
Tokyo
Seoul
Singapore
Hong Kong
Moscow
Minimum annual turnover of outdoor advertising in 2017 in each of these megapolises comprised an average of $280 million. Spheroid Universe plans to engage Advertisers in each of these cities, with an average budget of $700,000 and above, which amounts to 0.25% of the market.
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