All right, everyone. Hello everyone. I'm Mariano, founder of Luca Money. You guys know stable coins have been growing exponentially. In LATAM, they are actively being chosen as the main method to save money.
So this, nobody cares about it anymore. It's just the way it is in LATAM. But that's it. The problem is existing fintexs often discourage you to remain on stable coins by forcing you to offramp to pesos or dollars giving you bad lending opportunities heavy rates or just a bad experience overall. Lucamani is the stable coin savings app built for latam stable coin economy.
It is built around self custody and gamification enabling anyone to get paid, grow their savings and spend directly with stable coins. That's what we're doing. In just a short amount of time, we have made the app, but in addition to that, a rebalancing protocol that gets on average 2% more than the market. We have mastered virality as a consumer app by doing clipping and UGC campaigns. We have been positioned as the number one stable coank in Argentina media, delivering thousands of users to our weight list.
And we're running right now a live beta with over 2,000 users. And over 35% of those, they come back every day. As a team, we have been experimenting for over a year with small web 3 experiments. Meaning that we know how to make things go super viral and we also know how to make things super safe in crypto which is very important and we have very powerful advisors from other neo banks and fintech in Argentina like Walla and Melo. We are racing a small preed round.
We would love to connect. As you know, stable coins are the future but in LATAM they are the present. Thank you everyone.
Automatic transcript — names and jargon may be misspelled.