Overview
We have designed a lightning-fast VPN and cutting-edge email encryption service to put an end to the creepy ads, identity theft, censorship, and cybercrime that you risk when logging onto the internet.
Our name is meant to represent a “wireless/wired utopia” where your internet experience is safe, secure, and private. With our newly launched encrypted email service, combined with our recent supercharging of our VPN services, we can't wait to fulfill our vision and make the internet better for everyone.
The Problem
On today's internet, privacy, freedom, and security are under constant attack.
Internet providers, search engines, websites, major email services, and even governments capture, store, and analyze your online behavior to make you a “product” to be traded and sold. Meanwhile, censorship and content restrictions abound, subverting the fundamental freedoms the internet once promised.
This is not just an issue of privacy, however. The financial impact of cybercrime is massive and email is the primary vector of attack. Email phishing, "man-in-the middle," and impersonation attacks account for some of the costliest data breaches and other scams. In fact, over a three-year period between June 2016 and July 2019, the FBI recorded 166,349 domestic and international instances of just one type of attack known as Business Email Compromise (BEC). These attacks alone resulted in a total exposed dollar loss of over $26 billion.
Despite email's ubiquity as a global communication and data archiving platform, it lags far behind the security and privacy offered by modern messaging applications. Individuals and businesses are in dire need of simple, low-cost, yet powerful tools to secure their email and online browsing.
The Solution
We combine two key products/services to improve internet security and privacy:
personalVPN
Our VPN service hides your IP address and location to provide truly private browsing and searching. It also protects against hackers and cybercriminals by encrypting your internet stream and creating an additional firewall. This protects you anywhere you connect to the internet, including public wi-fi or while traveling.
Our VPN also creates a "borderless" internet where you can connect to the internet through other countries, eliminating censorship and content restrictions. Our "stealth" modes can even prevent a network or website from knowing you're using a VPN at all to avoid censorship and blocking.
SecureMyEmail
Through our end-to-end email encryption service, every user receives a set of unique cryptographic keys that makes communications tamper-proof. Fraudsters, impostors, and other cybercriminals cannot infiltrate or imitate them.
Our encryption is end-to-end and Zero-Knowledge. This means no one but your recipients can ever decrypt your email. This includes your ISP, email provider or, even us. Emails and attachments remain encrypted at rest or when saved. Even if someone hacks your email account, encrypted emails remain encrypted and cannot be accessed.
The Market
With consumers and businesses becoming more concerned daily about their online privacy and security, along with legislation such as HIPAA and GDPR mandating the protection of personal and patient data, we believe the internet security space will continue to experience tremendous growth. The exponential increase in cybercrime, combined with the unprecedented rise in the number of remote workers, demands simple, low-cost, and easily-implemented security solutions.
Our products are set to disrupt two fast-growing markets: VPN and email encryption. According to Statista, the global VPN market is expected to grow from 25.41 billion USD in 2019 to 75.59 billion USD by 2027.
Email is expected to grow to 4.4 billion unique users by 2024. Meanwhile, Verified Market Research states the Email Encryption Market was valued at USD 3.86 billion in 2019 and is projected to reach $19.26 billion by 2027, growing at a CAGR of 24.01% from 2020 to 2027.
Our Traction
The VPN service is well established and is currently generating sales of $2 million per year. We also have a proprietary server design based on FreeBSD, the same server OS used by WhatsApp and Netflix, which gives us unmatched security and scalability. We just completed a major upgrade to our network and software so we're ready for growth.
The encrypted email service is now actively selling. After our initial crowdfunding achieving 131% of our 100K goal and additional incremental investment and development over time, we are signing up new users daily. We've designed, paid for, and deployed a scalable infrastructure with what should be capacity for well over a million SecureMyEmail users to start.
Because the costs of the initial infrastructure and software development have already been paid by us, and we have an existing support structure due to our VPN business, the encrypted email service could easily enjoy margins over 90% (minus customer acquisition costs which are still unknown).
We are now ready to fund our marketing and sales plan to accelerate growth and get our service to as many people as possible.
What We Do
We offer two key products: VPN and Email Encryption.
With the VPN, a user simply purchases a subscription and installs the software/app. They can then connect to any of our VPN servers worldwide. This builds an encrypted tunnel from their device to our server, as well as assigning them a "stealth" IP address from the city and country they connect through.
Their data is now protected and their location and IP address is undetectable. They will also experience the internet through whichever city/country they connected through, if different than the one they are in.
For the encrypted email service, users install and set up the software on their own devices. It works with any email address, business or personal.
When you compose an email, you can choose to encrypt the message to your recipients. If they are a current customer, it immediately sends and they can read the message in their SecureMyEmail software. If the recipient is not a user, you decide whether or not you want to require a password to decrypt the message and how long before the message "self-destructs" (1 hour to 30 days).
The recipient receives a link in their email to click on to decrypt and read the message and securely download any attachments. They can also easily encrypt a reply, including attachments, back to you through our interface.
The Business Model
The VPN service is a subscription model currently generating revenue of $2 million per year. Monthly costs range from $3.06/month to $8.33/mo depending on features and length of subscription. We believe we can grow the VPN business substantially by leveraging the uniqueness and market opportunity of the encrypted email service.
The encrypted email service primarily uses a "Freemium" subscription model. An individual with a single Gmail, Yahoo, or Microsoft consumer email address may use SecureMyEmail free forever. Meanwhile, paid users can encrypt up to 8 email addresses they own, business or personal, and the cost is $29.99/year or $3.99/month.
The offering of free accounts for the world's largest email providers should accelerate the building of brand awareness for the company as a whole and increase sales, not only for the email encryption service, but the VPN service as well. In addition to the increased awareness, we plan to leverage the encrypted email service as a market differentiator by offering bundled discounts and other pricing strategies with the VPN services.
How We Are Different
We believe the VPN space is crowded because there aren't many barriers to entry. But, in our opinion, so many providers misrepresent their capabilities, ownership, and are of very poor quality. It has been reported that many misuse your data or don't even encrypt at all.
Our VPN service is well established and, with our latest upgrades, matches the performance and features of the very best VPN providers. But, we never wanted to be "one more VPN provider." We decided that, instead of spending all our profits on advertising to fight for crumbs in a hyper-competitive market, we would invest in our long-term future by building an "encrypted services provider" and support security and privacy across an entire suite of products. Our email encryption service, SecureMyEmail is the first of those services.
In our opinion, the new encrypted email service is a gigantic differentiator that will not only be a major success in its own right, but also increase VPN sales. This will be accomplished not only through increased awareness and brand-building, but via bundling and discounted pricing strategies.
Our service is compelling because DIY email encryption is hopelessly complicated, and encrypted email companies often force you to change your email address to one of theirs. With SecureMyEmail, you can, quite simply, encrypt the email address(es) you already have! The current providers that don’t require a change in email address tend to only cater to businesses and are often overly complicated and expensive. In our opinion, we offer the simplicity, accessibility, and pricing individuals and businesses want.
We are, as they say, cheaper, better, and faster. Our beautiful software for Mac, PC, Android, and iOS ensures you can access, receive, and send your encrypted email from anywhere. Use is free for users of the major email providers, and all others receive a "no hassle" 30-day free trial.
We made sure our product is shockingly easy to set up. No payment info or talking to a salesperson is necessary. Just download and go. You'll be encrypting your email within 5 minutes. This is a VERY different approach and much more efficient than competitor's sign up process.
Again, it works with ANY email address, personal or business. There is no need to switch your email provider.
You can send encrypted email to anyone with an email address. Recipients don't need to register or download anything and can also reply with end-to-end encryption.
The Vision
We want to make the internet work the way it was meant to: securely, privately, and freely.
We believe the encryption infrastructure we've built has many applications beyond the current product set. Once we feel we are established in the VPN and encrypted email segments, we plan to develop other encrypted services for consumers and businesses that should add even more value to the company. This may include encrypted storage, backups, VoIP, and more.
OUR LEADERSHIP
Our team has extensive experience in the fields of information technology, network security, product development, and sales. We have a proven track record of designing and executing long term strategies in the deployment of highly-distributed network and data systems.
Simply put, we started Witopia because we believe you have the right to access the internet safely, go where you want, communicate with whom you wish, and have no one spying on you. The bottom line is, you can’t have freedom without privacy.
Why Invest
Our services are not prototypes - they are ready for sale in two massive markets that are predicted to value a combined $100 billion by 2027.
Our new encrypted email service easily fixes a problem that every email-using person or business needed to solve yesterday.
We have existing capacity built for over a million users, and can potentially add millions more. All we need is the capital to build awareness and execute our sales and marketing plan.
Company | : | WiTopia, Inc. |
Corporate Address | : | 11654 Plaza America Dr., #316, Reston, VA 20190 |
Offering Minimum | : | $9,998.73 |
Offering Maximum | : | $1,069,996.86 |
Minimum Investment Amount(per investor) | : | $299.13 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 5,649 |
Maximum Number of Shares Offered | : | 604,518 |
Price per Share | : | $1.77 |
Pre-Money Valuation | : | $15,045,000.00 |
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives*
Time-Based:
Friends and Family Early Birds
Invest within the first 7 days and receive an additional 10% bonus shares
Super Early Bird Bonus
Invest within the next 7 days and receive an additional 7% bonus shares
Early Bird Bonus
Invest within the following 7 days and receive an additional 5% bonus shares
Amount-Based:
Tier 1: $1500+
Invest $1,500+ and receive 3% bonus shares.
Tier 2: $3000+
Invest $3000+ and receive 5% bonus shares.
Tier 3: $5,000+
Invest $5,000+ and receive 7% bonus shares.
Tier 4: $15,000+
Invest $15,000+ and receive 9% bonus shares.
Tier 5: $25,000+
Invest $25,000+ and receive 11% bonus shares.
Tier 6: $50,000+
Invest $50,000+ and receive 13% bonus shares.
*All perks occur when the offering is completed
The 10% StartEngine Owners’ Bonus
WiTopia, Inc., will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.77 per share, you will receive and own 110 shares of Common Stock for $177.00. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single Bonus Shares bonus, which will be the highest bonus rate they are eligible for.
The Company will not incur any irregular use of proceeds.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Hello Everyone!
Our StartEngine campaign is concluded and it was a very interesting, and overall positive, experience. The StartEngine folks were great.
Our campaign got off with a bang, languished, and then finished with a rush of investors. Looking back, maybe a cybersecurity offering was too boring for the typical StartEngine investor. lol
In any event, we still raised well over a quarter million dollars if all investors settle. Although short of our original goals, this is a substantial investment, and will help us tremendously towards our goals of building awareness for our VPN and Email Encryption solutions.
We've built an email, invest@witopia.net for our investors and anyone else interested in investing in WiTopia. Please feel free to communicate with us in the future by sending email to invest@witopia.net.
Hello Everyone,
Campaign ends at 11:59 PM PST today and cannot be extended. Once it's over, it's over. Per SEC policies we have no means to extend it.
IMPORTANT: Some of you have made quite large investments (thank you!!!) which will not show on campaign page until your payment clears. Just FYI, in case you were wondering why your investment is not showing up in our totals on public site.
Again, thanks so much to all our investors and followers and we hope more of the latter group joins the former before time runs out!!! :)
Bill Bullock
CEO, WiTopia
Hello Everyone,
First, thanks so much to all our investors. We appreciate you so much and we will make you proud...and, in our "opinion" (per SEC regulations), we hope a lot of money! :)
For all you followers, not to get "heavy" but this is the time to decide. if you think privacy and security on the internet are going to be a "thing," we would very much appreciate your investment and support.
We're in the right space, at the right time, with the right products.
We need investment to build awareness. That's all. The products are built and solid. Feedback has been overwhelmingly positive and we're acquiring a very steady and growing stream of users and paying customers.
But, we need to press our advantage "now" as others, in time, might catch up.
We're all in and dedicated to making this thing huge. As fast as possible.
If you want to go in with us, we will not disappoint you. You'll be glad you did.
Thanks!
Bill Bullock
CEO, WiTopia
Just a quick reminder to all our followers that if you plan to invest, the time is now!
Lots of great stuff going on. Website traffic, subscriptions, and sales are up substantially. We've secured some fantastic reviews from major tech blogs and customer feedback is very positive. We're starting to get leads for much larger deals too, which is very nice.
As the campaign did okay, but not great, we figure we're maybe too boring for StartEngine. lol.
After all, we're not building a fusion-powered flying car here.
Of course, we would argue that security and privacy services should keep your life exactly that...boring. Identity theft, data breaches, and getting hacked are, arguably, pretty exciting stuff we can all do without.
The exciting stuff is that we are building momentum in a quickly growing sector. Internet privacy and security solutions should continue to be in high demand in our increasingly connected world.
We would appreciate your investment and support!
Thank you!
Bill Bullock
CEO, WiTopia
You can read the review here: https://proprivacy.com/email/review/securemyemail
Hello Everyone,
We've been working very hard on some major updates. Full iPad support is now available on iOS and working great. Big Android update is coming next, followed by more for Mac, Windows, and iOS.
Remember that we encrypt Gmail, Yahoo, and most Microsoft consumer domains (hotmail, outlook.com, etc.) for free so please check the new software out if you get a chance!
Bill
Hello Everyone!
I find this pretty exciting. TechRadar is part of Future Publishing and they're pretty major in the tech space. They have quite a following across their brands. We've already seen a noticeable uptick in traffic. Here's a link if you're interested: https://www.techradar.com/best/best-secure-email-providers
It's nice, too, that they understand that we're not like the older email encryption services:
SecureMyEmail provides something that is different from the rest of the other providers on that list. It delivers zero-knowledge end-to-end encryption and encryption-at-rest for ANY email address. You KEEP your email address. Even better is that you can encrypt your personal email for free (Gmail, Yahoo and Microsoft only).
We've been promised a fresh review soon from another major review site also. We'll share that when it happens. Good coverage from the review sites are critical for any product today, but especially in software sales.
Thanks!
Bill
Hello Everyone,
Just a quick reminder that if you're thinking about investing in us, now is a great time. Any purchase of shares today will result in an additional bonus of 5% of your shares purchased.
IMPORTANT: We did discover a possibly confusing item in StartEngine checkout.
1.When you select the 'Early Bird Bonus” perk, and select or enter an amount over 1500.00, the perk will lose its highlighting on right.
2. But, just ignore that and continue checkout and you can verify you are receiving the 5% Bonus Shares before final purchase.
3. That being said, for amounts over 5K, the other perks may be more lucrative. Our advice is just to confirm your perk bonus is what you wanted as you checkout.
Thanks so much for all the support!
Bill
Bill Bullock
CEO
WiTopia, Inc.
Hello Everyone,
Great to see all the new followers of the campaign! If you're deciding whether to invest, this is a good time to hop aboard as we are offering 7% in bonus shares to all who can act now. Welcome.
1.When you select the 'Super Early Bird Bonus” perk, it defaults to only the minimum investment of $299.13, but you can change it to a higher amount so you maximize the perk benefit.
2. When you do, it will look like the Super Early Bird perl is no longer highlighted.
3. But, just ignore that and continue checkout with the higher investment amount. It will stay correct in the background, and you can verify you are receiving the 7% Bonus Shares before final purchase.
Thanks!
Bill Bullock
CEO
WiTopia, Inc.
Very happy to note that we've had a great few days. Thanks again! So great to see the momentum.
If you miss the expiration of the perk it's not a big deal, as we have others you can take advantage of, but the "Friends and Family" is a very nice one if you've made a decision to invest. I "believe" you're allowed to purchase more too if the mood strikes you. Even if you have already invested. We certainly don't mind. ;-)
IMPORTANT: We did discover a minor possibly confusing item in StartEngine checkout.
1.When you select the 'Friends and Family” perk, it defaults to only the minimum investment of $299.13, but you can change it to a higher amount so you maximize the perk benefit.
2. When you do, it will look like the Friends and Family is no longer highlighted.
3. But, just ignore that and continue checkout. It will be correct, and you can verify you are receiving the 10% Bonus Shares before final purchase.
More updates coming soon!
Bill B.
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