Disclosure certainty 4/5 debate potential 1/5

Katsoff: UpChannel gives hardware OEMs recurring revenue share from fees

Jacob Katsoff · 1348 His BlockChain Wallet Will be on 100m Phones by EOY 2018, Does He Make Money? · Apr 3, 2019 · at 17:36

Jacob Katsoff, founder of UpChannel, explains the commercial incentive structure for smartphone manufacturers to pre-install UpChannel software.

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“Our partners will get a cut of the revenue generated, which is a new source of revenue, which is in many cases, the first of its kind for a hardware manufacturer that's used to one-off sales.”

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More from Jacob Katsoff

Prediction Not checkable as stated
Katsoff: 100M smartphone owners will use UpChannel's wallet within a year
“By this time next year, there'll be a hundred million smartphone owners using the digital wallet that we distribute.”
Jacob Katsoff Apr 3, 2019 ▶ 3:41 1348 His BlockChain Wallet Will be on 100m Phones by EOY 2018, Does He Make Money?
Assertion Not checkable as stated
Katsoff: UpChannel has signed contracts for 100M smartphones annually
“We actually have a hundred million smartphones annual to be shipped, signed under contract.”
Jacob Katsoff Apr 3, 2019 ▶ 6:52 1348 His BlockChain Wallet Will be on 100m Phones by EOY 2018, Does He Make Money?
Disclosure
Katsoff: UpChannel charges a 0.5% fee on remittances
“We're just going to half of the one percent.”
Jacob Katsoff Apr 3, 2019 ▶ 5:07 1348 His BlockChain Wallet Will be on 100m Phones by EOY 2018, Does He Make Money?
Disclosure
UpChannel partners with Hyundai Mobile for smartphone software
“One of our partners is called Hyundai mobile.”
Jacob Katsoff Apr 3, 2019 ▶ 10:16 1348 His BlockChain Wallet Will be on 100m Phones by EOY 2018, Does He Make Money?
Assertion Not checkable as stated
Katsoff: UpChannel Is Active on About Two Million Phones
“We're on about two million phones today.”
Jacob Katsoff Apr 3, 2019 ▶ 12:13 1348 His BlockChain Wallet Will be on 100m Phones by EOY 2018, Does He Make Money?
Assertion Not checkable as stated
Katsoff: UpChannel Is Currently Pre-Revenue
“We're pre revenue.”
Jacob Katsoff Apr 3, 2019 ▶ 13:36 1348 His BlockChain Wallet Will be on 100m Phones by EOY 2018, Does He Make Money?
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