Review on HUDDL by Saparov Meylis

At Huddl, empower the collective to achieve a broad and equitable distribution of wealth. The mission is to channel the collective aspirations, networks and purchasing power of the general public in such a way that each individual receives the maximum monetary and functional benefit from their consumption and investment activities. To fulfill this mission, one must start with an initial focus on democratizing access to premium financial services and exclusive investment products.

To find solutions to these problems, first understand that the problems in the global market stem from the unique role that consumers play, and only their actions determine the overall success of the global economy. An often overlooked fact is that consumer income (supply) and spending (demand) determine the direction of interest rates, corporate profits, stock markets, employment, government debt, prices of goods and services, and more. It is this dependence on the consumer that has forced the market to expand and accelerate their attempts to understand and secure the actions, intentions and information of the consumer.

What institutions and the global marketplace often fail to understand, however, is that providing tools or services that enable ease of access, gaming, and social media does not justify collecting and distributing personal consumer information for corporate profit. Personal information should be seen not just as a way of discovering methods of selling more products, but more importantly, something of tangible value that should be visible and bring direct benefits to the owner of that information, the consumer. Existing technology platforms have failed to recognize this reality, and in many cases this is part of the problem. To make matters worse, the financial services and banking industries have also failed in this regard, as their products and services are both highly commercialized and seriously outdated. Thus, it remains a global market that cannot meet the needs of the 21st century consumer or investor.