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SE STAR

Online Studio for Artists

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Creativities Sharing,

is a placeto sharecreativities

with their stories.

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45000

50280

0

90

10

The Problem The People

Our MarketMarket share chart,top 30 vs others(Painting only, 2009, Korea)

Only 30 artists

Over 45,000 artists

Number ofYoung and new artistsin Painting Art

Number of

regular job for artistsin a year

Avg. monthly incomefor artists( 700$)

Annual incomefor 26.6% of artists

country(year of data) sales(=transaction): USD

China(2008) 62,480,954,654

France(2004) 11,052,553,814

German(2000) 2,700,000,000

japan(2006) 1,975,035,800

USA(2009) 1,800,000,000

Korea(2008) 763,723,150

Total : 101B USD

Miho Heo,Executive

CR Kim,Design

Inseok Gong,Development

Hoosung Kim,Finance

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Solutions with weenu Shareyour creative moments. Its quick and easy. Link-up related moments into a release when you

finish the work. Itll become a story eventually. Notify your copyright automatically by the software. Well never force you to sell your works like other

online markets. Sales is only up to you.

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Business model

1. Post artwork history

2. Artwork release

3. Copyright notice

4. CRM for artwork client

5. auction, lease, sales

6. Communication/marketing

1. Enjoy original artworks and story

2. Artwork buying

3. Artwork information

Profit Models

Transaction fee(5%) Artist portfolio

Story archive service for B2B

templates for artist

Cloud funding Art advisor

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Price/Competition (/w demo)

There has been a few attempts to boost on-line art markets but none was quite successful. Although etsy.com(In 2011 total sales of 320 billion won) and fireart have appeared theirmarket share is still negligible given that mid to low-end art markets size is about 100 trillion won. Add to that there still hasnt been any easy to access SNS-based application for artists/customers.

Weenu will offer better marketing opportunity for artists

by a free artwork registration policy with minimized transaction fee(5% which is only one tenth of other existing services)and better shopping experience for customersby establishing direct contact between artist and customer.Weenus web/mobile based platform is a brand new marketplaceboth benefits artist and customer.

To differentiate Weenu from existing platform,Weenu issues a QR code and copyright notice for every posted artwork/merchandise.

fireart

bigcarteletsy

http://etsy.com/http://etsy.com/

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Strategy and Milestones

iPhone app launch

[2012 Q2]

iOS app dev.

RESTful API

Paypal integration

Web service launch

[2012 Q2]

HTML 5, jQuery, CSS3

PG solution integration

Virtual hosting

iPad app launch

[2012 Q3]

Image processing dev.

Android, winphone

app launch

[2012 Q4]

Android app dev.

Window phone appdev.

2nd version launch for

web

[2013 Q1]

Cloud integration

SSO(Single Sign On)

API for developers

3rd version launch

with Sub Features

[2013 Q2]

High Indexing dev.

Social funding and social

gallery service

Brand app

development platform

[2014 Q1]

Personal app publishing

service for each artists

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Finance

Transaction

fee

5% of sales 30,000 400,000 2,000,000

Portfolio

item fee

-template

-image

searching items

-contents

archive (B2B)

20,000 200,000 1,000,000

Cloud funding

For artwork

5% of raising

fund

10,000 80,000 200,000

Art advisor Consulting fee

for enterprise

buying artwork,

art

collaboration,

and events

30,000 100,000 500,000

total 90,000 600,000 3,700,000

Etsy.com (7th year,

2010)

314.3 MM 0.8MM 7.2MM

Bigcartel.com(4th

year,

2010)

50MM 0.1MM 1.5MM