7th July 2023 - London, United Kingdom - Wealth Dragons Group PLC (“Wealth Dragons” or “the Company”) (VIE: WDG) (ISIN: GB00BGMGZR93)
In recent months, it’s become clearer what the market for expert information expects in a post-pandemic world, with Consultz better positioned than ever to take advantage.
Meanwhile, one of the sector pioneers is struggling. Clubhouse was launched in April 2020, just at the start of the COVID pandemic, and it proved to be just what was needed right then. Barely two years after launch it had 10 million using it every week. It was also valued at $4 billion.
Today, it’s still valued at that amount – on paper. But the market has moved on. In late April, TechCrunch reported that the company had laid off more than half its staff, blaming changing post-COVID habits. People are less inclined to spend time having long conversations online, whether socialising or seeking out advice from unvetted or unavailable experts.
That’s certainly part of their problem. But perhaps even more importantly, Clubhouse never succeeded in achieving a monetised model.
Fortunately, Consultz is different.
In the first place, Consultz will offer a monetised approach – right from day one. Better still, Consultz will be delivering exactly the kind of service people are now looking for.
For end users, it’s fast, accurate and cost-effective specialist advice from their chosen professional in bite-sized chunks. And for experts, it’s a profitable, flexible and straightforward way of monetising their knowledge.
Both parties, moreover, will benefit in other ways from Consultz. Pricing is simple and transparent, for example, and there are no membership or sign-up fees. And because it’s social media-based, it’s simple for experts to get started, and for those seeking advice to find them.
Consultz is a creation of Wealth Dragons, the UK-based self-help company co-founded by Vincent Wong. As Vincent comments:
“In a post-COVID world, increasing numbers of people are looking for specialist information delivered in the right way. At the same time, more of those who have that advanced knowledge are willing to provide it, for the right price. Consultz can both meet this demand and fuel it.”
About Wealth Dragons
Wealth Dragons is a global financial education and entrepreneurship training company that provides individuals with the knowledge and tools to achieve financial freedom. Founded in 2009, the company has helped thousands of people around the world to create wealth through its range of educational products and services.
For media inquiries and more information please contact:
Vincent Wong, CEO, Wealth Dragons.
+44 (0)1908 032 432
For further investment information please contact: investors@wealthdragons.co.uk
Risk Warning Disclaimer
The value of the securities and the income derived from them can fall as well as rise. Investors may not get back their initial investment. Past performance is not a reliable indicator of future performance and the amount realised may be less than the original investment made. Any estimates of future performance are based on assumptions that may not be realised. Any securities denominated in foreign currencies may see their value fall as a result of exchange rate movements. Market conditions may impact the liquidity and volatility of the securities and accordingly an investor may find it difficult to realise an investment.