At Huddl, we want to empower the collective to achieve a broad and fair distribution of wealth. “ Our mission is to channel the collective aspirations, networks, and buying power of the general public such that every individual derives the maximum monetary and functional benefit from their consumption and investing activities. To accomplish this mission we will begin by focusing our initial attention on democratizing access to premium financial services and exclusive investment products. We will discover the best investment products and financial services Wall Street has to offer and bring them to Main Street.
In order to find a solution to these issues, we must first understand that the problems in the global marketplace stem from the unique role consumers fill, where their actions alone decide the overall success of the global economy. What is often overlooked is the fact that consumer income (supply) and spending (demand) drives the direction of interest rates, corporate profits, stock markets, employment, government debt, prices of goods and services, and so much more. It is this dependency on the consumer that has caused the marketplace to broaden and accelerate their endeavors to understand and secure the activities, intentions, and information of the consumer.
However, what institutions, and the global marketplace, often fail to understand is the provision of tools or services that deliver ease-of-access, games and social media does not justify gathering and distributing personal consumer information for corporate profit. Consumers’ and investors’ personal information should not be simply thought of as a way to discover methods to sell more products but, more importantly, something of tangible value that should be visible and deliver direct benefits to the owner of that information, the consumer. Existing technology platforms have failed to recognize this reality and, in many cases, that is part of the problem. Making matters worse, the financial services and banking industries have also failed in this regard, as their products and services are both highly commoditized and seriously outdated. Thus, what we are left with is a global marketplace that cannot meet the needs of the 21st-century consumer or investor.
Huddl will begin this journey by focusing our initial technology solutions on democratizing access to essential financial products and services. These services will deliver more benefits and value to users than is currently being provided by the global financial and platform industries, as it will both incubate and unite consumers to create a single new global consumer clearinghouse, marketplace, and exchange.
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