Lakoda LLC | Application Preview
Lakoda LLC is seeking government grants to fund an overhaul of its social media platform currently available on the App Store and Google Play. The company expresses concern that the initial proposal for improvements was inadequately assessed, which has led to poor reviews and the potential removal of the app from the market.
The business plan centers on enhancing the platform, ensuring it remains a safe and secure social media environment for all users, particularly minors. As a disabled veteran, the founder emphasizes a commitment to user security and safety, prioritizing the protection of personal information and the well-being of children.
The application argues for approval of funding by highlighting a reciprocal relationship where the business is willing to reinvest in the community that supports it. The founder believes that with the right backing, Lakoda has the potential to become a leading social media platform.
In terms of competition, Lakoda faces established giants like Facebook, Twitter, and TikTok. However, it aims to distinguish itself by requiring users to register with a government-issued ID, which prevents minors from accessing the platform and reduces identity fraud and scams. The founder clarifies that the 18+ designation is not about adult content, but rather a strategy to limit children's exposure, reduce bullying, and combat scamming.
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General Information
Business Registration Number: 88-3176195
Location: Bargersville, IN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Paying www.apology.com to over haul “Lakoda” that is currently on the App Store and Google play. They low balled my application and gave me junk. I’m currently in the process of my application getting bad reviews and being taken off the market if I cannot get this over hauled.
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Business Plan
Over hauling it and maintaining to be the best social media platform keeping every one safe adults and minors. I’m a Disabled veteran so security and keeping people’s information safe is my number one goal. Right along with keeping children safe too. Because if they invest in me I am Willing to invest back into them. My goal is to grow and give back. Again this is going to be the next big thing. I am willing to invest in people who took the time To invest in me to invest back in them.
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Self Identified Competition
Currently Facebook Twitter TikTok To register on Lakoda you must have a government valid issued id to even get on the platform. This keeps minors off the application and minimizes what they are exposed to. While it also lessons the amount of accounts a user can have slowing down the scamming industry and people imposing as other. I.e. catfishing. When people hear the platform is 18+ they think porn automatically. When that’s not the case. It just to minimize children’s exposure, cut back on bullying , suicides, and scamming.
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