10 Project ideas to build before 2024 ends | Get that unfair advantage

Summary

This video script explores 10 innovative product ideas that can generate significant revenue, emphasizing the importance of polish and user feedback in product development. It covers a range of concepts from testimonial widgets and social proof platforms to crypto payment gateways and opinion trading websites. The speaker highlights the potential of each idea, discusses the technical stack involved, and stresses the value of building with a focus on user experience and integrations to stand out in the market.

Takeaways

• 💰 The script discusses how a simple to-do application has generated over $100 million in revenue, emphasizing the potential of well-built, polished products.
• 🛠️ It suggests 10 product ideas that are not only good for resumes but also have business potential when built with a high level of refinement.
• 📈 The importance of user feedback and iteration is highlighted as crucial for product development, especially for personal projects that may lack this interaction.
• 🌟 The first product idea presented is a testimonial creation and embedding website, which can gather and display customer feedback effectively, enhancing conversion rates for businesses.
• 🔒 The second idea is a social proof service like UseProof.com, which provides real-time notifications to increase trust and conversions on digital products.
• ✅ The third idea is an advanced to-do application with features like task assignment, calendar view, reminders, and organization creation to cater to busy teams.
• 🧼 The fourth idea, Detoxify, is a novel concept that aims to cleanse and customize YouTube feeds based on user interests to avoid algorithmic biases.
• 🕊️ The fifth idea is a website monitoring service similar to Better Uptime, which tracks website availability and alerts stakeholders if issues arise.
• 🎬 The sixth idea is a YouTube downloader that leverages ads for revenue, capitalizing on the high demand for video downloading services.
• 📊 The seventh idea is a fast feed for crypto prices, especially for meme coins, which can be a lucrative business due to high trading volumes and potential transaction fees.
• 💳 The eighth idea is a crypto payment gateway, facilitating easier transactions with cryptocurrencies and offering businesses a way to accept digital currency payments.
• 🎰 The ninth idea is an opinion tracking website for betting on outcomes of various events, which can be a profitable venture due to trading fees.
• 🎲 The tenth and final idea is creating a gambling website with games like mines, dice, and Plinko, which can attract a large audience and generate revenue through gameplay.

Q & A

What is the main topic of the video script?

The main topic of the video script is discussing 10 different product ideas that can generate significant revenue if built and executed correctly, along with the technical and user experience aspects of each idea.

Why is it important to make a product polished before launching it?

It is important to make a product polished before launching it because a polished product is more likely to be usable and appealing to users, which can lead to better user feedback, iteration, and ultimately, success in the market.

Can you explain the concept of a testimonial creation and embeds website?

A testimonial creation and embeds website is a service that allows users to gather and display customer testimonials. It provides a widget that can be embedded on a website to collect feedback from customers and allows users to showcase selected testimonials on their own website to build social proof and trust.

What is the value proposition of a social proof product like UseProof.com?

The value proposition of a social proof product like UseProof.com is to increase conversion rates by showing real-time social proof notifications on a website, such as the number of people currently viewing the site or recent sign-ups, which can motivate potential customers to take action.

What features should a successful to-do application have according to the script?

A successful to-do application should have features like task creation, adding and assigning members to tasks, a calendar view for task organization, reminders for pending tasks, and the ability to create and manage multiple organizations.

What is the detoxify feed concept mentioned in the script?

The detoxify feed concept is a product idea where users can select topics they are interested in learning about, and the service would surf YouTube or other platforms on their behalf to populate their feed with relevant, high-quality content, thus 'detoxifying' it from less desirable content.

What is the technical challenge in building a website monitoring service like Better Uptime?

The technical challenge in building a website monitoring service like Better Uptime includes actively tracking URLs from various regions, handling asynchronous systems for alerts, and ensuring reliability and accuracy in monitoring and notifying users when a website is down.

How does a YouTube downloader make money?

A YouTube downloader can make money primarily through advertisements displayed while users wait for their videos to be processed and downloaded. High traffic to the site can generate significant ad revenue.

What is the potential business opportunity with a fast feed for crypto prices?

The potential business opportunity with a fast feed for crypto prices is to provide real-time price tracking and trading opportunities for meme coins and other cryptocurrencies, especially during high volatility periods, and to earn revenue through transaction fees.

What are the key components to consider when building a crypto payment gateway?

When building a crypto payment gateway, key components to consider include understanding blockchain indexing, real-time swapping of cryptocurrencies to a stable currency like USDC, and providing an interface for businesses to accept and offramp crypto payments to their bank accounts.

What makes a gambling platform with opinion trading and games successful?

A gambling platform with opinion trading and games can be successful by offering a variety of engaging games, ensuring legal compliance, providing a seamless user experience for onramping and offramping funds, and attracting a large user base to participate in the games.

Outlines

00:00

📈 Scalable Product Ideas for Business Growth

The paragraph discusses the potential of simple applications, like a to-do app, to generate significant revenue when built with a high level of polish. It emphasizes the importance of user feedback and iteration in product development. The speaker introduces 10 product ideas suitable for resume building and business, highlighting the need for a polished finish to ensure usability and success. The first project idea presented is a testimonial creation and embedding website, which simplifies gathering customer feedback and showcasing it on one's own site, potentially increasing conversion rates and providing substantial value to users.

05:00

🛡️ Social Proof for Digital Products with UseProof

This section introduces UseProof, a service that provides social proof for digital products, which can boost sales and conversions. It explains how the service works by showing real-time notifications of user activities, such as trials or purchases, to create a sense of urgency and social validation. The technical stack is discussed, including the need for a front-end dashboard and a real-time backend server to manage and display live user activities on the website. The importance of transparency and accuracy in social proof is also highlighted to ensure trustworthiness.

10:02

📝 Building a Feature-Rich To-Do Application

The speaker outlines the features of a robust to-do application, including task creation, team collaboration, calendar view, reminders, and organization creation. The paragraph describes the user experience, from signing up and creating tasks to assigning tasks to team members and receiving notifications for pending tasks. It also touches on the technical aspects of building such an application, suggesting starting with the front end and then moving to the back end, and mentions the potential addition of a mobile application for better user engagement.

15:05

🧼 The Concept of 'Detoxifying' Social Media Feeds

A novel idea is presented to create a service that 'detoxifies' social media feeds, such as YouTube, by curating content based on user interests to avoid algorithmic bias towards 'toxic' content. The service would involve surfing a user's YouTube feed with a focus on selected topics, aiming to replace the current feed with educational and curated content. The feasibility of this idea is questioned, considering the need for user permissions and the potential use of APIs or dummy accounts to achieve the desired outcome.

20:06

⏰ Uptime Monitoring for Website Reliability

The paragraph introduces the concept of website uptime monitoring, which alerts users when their site goes down, and discusses the technical challenges of building such a service. It describes the user experience of setting up monitors for specific URLs and configuring alert conditions. The importance of checking website availability from multiple regions and the process of sending alerts via email or SMS are highlighted. The paragraph also touches on the evolution of basic uptime monitoring services to more comprehensive stack monitoring solutions.

25:06

🎥 High Demand for YouTube Video Downloaders

The speaker discusses the popularity and potential profitability of YouTube video downloader services, especially in regions like India. It outlines the technical simplicity of building such a service using external libraries and the challenges related to storage costs and unit economics. The paragraph also suggests additional features like video cropping and looping to enhance user experience and increase the service's value proposition.

30:07

💱 Real-Time Crypto Price Feeds and Trading

This section delves into the opportunity of creating a platform for tracking and trading meme coins and other cryptocurrencies, especially those not listed on centralized exchanges. The importance of real-time price discovery, tracking decentralized exchanges, and offering trading functionalities through UIs or bots is emphasized. The paragraph highlights the potential for significant revenue generation through transaction fees and the technical aspects of building such a platform, including blockchain indexing and real-time swapping.

35:07

🛍️ Crypto Payment Gateways for Digital Transactions

The paragraph introduces the concept of crypto payment gateways, which facilitate digital transactions using cryptocurrencies. It discusses the technical and operational aspects of building such a service, including blockchain indexing, real-time swapping, and off-ramping solutions. The potential for these gateways to bridge the gap between traditional businesses and the growing crypto economy is highlighted, along with the challenges of tracking payments and supporting multiple blockchains.

🎰 Betting on Opinions and Online Gambling Games

The speaker explores the idea of creating a platform for opinion trading and online gambling, where users can bet on various outcomes, such as political events or sports results. The paragraph discusses the potential for revenue generation through trading fees and the appeal of games like Plinko and Mines, which are highlighted for their addictive nature. The technical aspects of building such games and managing wallet balances are also touched upon, along with the importance of legal considerations and user acquisition strategies.

🏆 Exploring High-Potential Business Ideas

In the concluding paragraph, the speaker reflects on the potential of the discussed business ideas, expressing particular interest in testimonial websites, detoxifying feeds, and crypto price feeds due to their novelty and market demand. The paragraph emphasizes the importance of product polish, technical feasibility, and the potential for rapid growth. It also suggests that the speaker would consider building some of these ideas if time and resources were available, highlighting the long-term potential of crypto gateways and the addictive nature of gambling platforms.

Keywords

💡Revenue

Revenue refers to the income generated from the business's operations, excluding any money from financing activities or investing activities. In the context of the video, it is highlighted that a simple to-do application has generated over $100 million in total revenue, showcasing the potential of even basic tools when executed correctly.

💡Product Ideas

Product ideas are the initial concepts or proposals for potential products that can be developed and brought to market. The video discusses 10 such ideas that are not only good for adding to a resume but also for building as businesses, emphasizing the importance of polish and user feedback in their development.

💡Polish

Polish, in the context of product development, refers to the refinement and fine-tuning of a product to ensure it is user-friendly, visually appealing, and functions well. The script stresses that half the battle is making the product usable, which involves adding a high level of polish to the product before release.

💡Testimonial Creation

Testimonial creation is the process of gathering and showcasing positive feedback from customers to build trust and credibility for a product or service. The video describes a project idea centered around a website that facilitates the collection and embedding of customer testimonials to enhance a product's appeal.

💡Social Proof

Social proof is a psychological phenomenon where people conform to the actions of others under the assumption that those actions are reflective of correct behavior. In the video, it is discussed as a feature of a product that displays notifications of user activities, such as sign-ups or purchases, to encourage potential customers to take action.

💡To-Do Application

A to-do application is a tool designed to help users organize and manage tasks. The script mentions a to-do application with specific features like task creation, member assignment, calendar view, reminders, and organization creation, emphasizing the importance of these features in making the application useful for busy individuals.

💡Detoxify

In the video, 'detoxify' is used as a concept for a product that could cleanse a user's social media feed from unwanted content by actively engaging with selected topics of interest. This would help users to curate a more beneficial and less 'toxic' feed, although the feasibility of such a product is questioned in the script.

💡Uptime Monitoring

Uptime monitoring is a service that tracks the availability and responsiveness of a website or server. The script describes a product that alerts users when their website is down, using a dashboard to add monitors and configure alert conditions, which is crucial for maintaining online services.

💡YouTube Downloader

A YouTube downloader is a tool or service that allows users to download videos from YouTube to their devices. The video script mentions this as a potentially profitable product due to ad revenue, with the technical simplicity of using libraries like youtube-dl to facilitate video downloads.

💡Crypto Prices

The term 'crypto prices' refers to the current market values of cryptocurrencies. The script suggests building a fast feed for tracking crypto prices, particularly meme coins, which can be highly volatile and offer significant trading opportunities for those who can monitor price changes in real-time.

💡Crypto Payment Gateway

A crypto payment gateway is a service that facilitates transactions using cryptocurrencies. The video discusses the idea of creating a gateway that accepts various cryptocurrencies as payment and converts them to a stable currency for the merchant, highlighting the importance of real-time swapping and the potential for such services in the growing crypto economy.

💡Opinion Trading

Opinion trading, as mentioned in the script, is a form of speculative trading based on personal beliefs or predictions about future events. It is a feature of some gambling websites that allow users to bet on outcomes such as political elections or sports results, with the potential for significant gains or losses.

💡Gambling Websites

Gambling websites provide platforms for users to participate in games of chance for money. The script describes building a website with various gambling games like dice, crash, and Plinko, which can be addictive and profitable for the operator due to the 'house edge' that ensures long-term profitability.

Highlights

A simple to-do application can scale to significant revenue if built with a high level of polish and user feedback incorporation.

Building a polished product is crucial for user retention and iteration based on feedback.

The first project idea is a testimonial creation and embeds website, simplifying the process of gathering customer feedback.

The UX of the testimonial website allows for easy creation of spaces for different landing pages and gathering of customer reviews.

The dashboard of the testimonial platform enables tracking and showcasing of selected customer reviews on one's own website.

Use proof.com is a service that provides social proof for digital products, enhancing sales through real-time notifications of user activities.

Use proof verifies the number of active users or recent sign-ups on a website, increasing conversion rates through social proof.

A to-do application with features like task assignment, calendar view, and reminders can cater to organizational needs effectively.

The to-do application should support multiple organizations and members, allowing for task separation and assignment.

Detoxify is an original idea for a service that reshapes YouTube feeds based on user-selected interests to avoid content toxicity.

Detoxify aims to provide a personalized learning experience by curating YouTube feeds with relevant educational content.

Better uptime is a service that tracks website availability and alerts the relevant personnel when a site is down.

Better uptime's monitoring service can scale to include various types of monitoring and alerts for different regions.

A YouTube downloader can be a profitable service if built with consideration for storage costs and ad revenue.

Fast feed for crypto prices is a service that tracks and displays the prices of meme coins, which can be highly profitable during market spikes.

Crypto payment gateways offer APIs for accepting payments in crypto and are essential for businesses dealing in digital currencies.

Opinions tracking websites allow users to invest in their predictions on various outcomes, with potential for high returns.

Gambling websites with games like Plinko or Mines can attract users and generate revenue through betting and house edges.

Transcripts

all right read through this tweet toist

has made more than $100 million in total

revenue in the last few years a simple

to-do application something you might

have been building for a long time can

actually scale to a lot of Revenue if

built right in this video I'm going to

talk about 10 such product ideas um

these are good things to put on resume

these are good things to generally build

as businesses only if they are built

with a lot of Polish the problem with

building your own project is since it

does not reach a lot of users you don't

get user feedback you never iterate and

hence I would urge if you're thinking of

building one of these then please make

it incredibly polished half of the

battle is making the product usable than

you know just building it out and

putting it out there without any further

Ado let's get into the first project

idea all right project number one is a

testimonial creation and embeds website

a good example of this is

testimonials. if you go to this website

it says get testimonials from your

customers with ease

it basically gives you a widget like

this that you can embed on your website

it also does the hard work of gathering

all of this feedback from your users so

the ux looks as follows you sign up on

the

website you reach a dashboard like this

and you can create a new space every

landing page every website that you have

can be a fresh space let me create one

for let's say one of my websites

all right I've created a new space for

One landing page of mine and now I get

this link that I can send to my

customers to gather their feedback if

you go to this testimonials. 2/ 100x

devs landing page you will see something

like this it asks you to review the

course or you know whatever you're

selling you can either record a video or

write a textual feedback let me quickly

write some simple feedback for this

website

all right this is how my end customers

would review the product that I'm

selling and now I can track all of my

reviews on my testimonials do2 dashboard

if I go here and look at this space that

I had created when I open this page I

can see all the reviews that have been

made and the ones that I really like the

ones that I want to showcase on my end

website I can just like them or you know

add them to my wall of fame and then I

can embed this wall of fame on my

website I can pretty much choose the

best ones that I find and then create a

wall of fame choose the layout of how I

want it to look like let's say you know

something pretty standard and then you

know it gives me some JavaScript code

that I can add to my website and that

will embed that specific um testimonial

or bunch of testimonials to my website

let me quickly show this in action if I

go to

replate create a fresh HTML CSS and

JavaScript reppel

paste the code over here and run it

again you will see the review comes here

on my end website now this website could

be anything it could be my main website

my product website whatever um all I had

to do was add three lines of code and

all the reviews that my students SL

users have sent can appear on this

website now you might ask sirirat who's

even paying for this this such a simple

product but in the end the Simplicity

doesn't matter it's about how much value

does it provide to the end user which a

product like this provides a lot of

value um feedbacks have generally been

seen to you know increase conversion

rates by a lot which is why people don't

mind paying $50 per month for something

like this the founder of this company

actually built the product in public

which means they were initially sharing

their revenues and they had like a

decent user base paying for this product

purely because it's a very nice pull for

any you know marketeer who's selling a

digital product that's the first product

if you look at the tech stack it's not

too hard to build you probably need a

simple website which can be a nextjs

website so that it has both front end

and back end you need another you know

review Gathering website which can also

be nextjs the only big thing over here

is whenever a user comes and provides a

review it needs to go into some video

pipeline because the user is expected to

record a video over here sometimes

before submitting it so you need some

sort of a video processing pipeline you

can also Outsource this to Someone Like

You know there are a bunch of companies

that do this for example M would let you

you know

record a video or let your end users

record a video and let you store them in

your own object stores or you know store

it on Max object stores just give you a

link that you can eventually use other

than that there's nothing too hard to

build here um polishes do matter of

course your final you know review board

that you're letting users embed on their

website needs to be extremely pretty and

you know you need to give the users a

bunch of layouts that they can choose

from other than that fairly simple

product the more polish you build it the

more Integrations you add over here the

more places you let the user embed

websites create react components next

components SW components you know make

it as easy as possible for a user to

embed this is you know what

differentiates this product from any

competitor but a very small Niche

product to build with that let's move to

the second one all right the next

product is called use proof.com um it's

a ycy bagged company that gives you

social proof for your digital products

it's again a you know sales and markety

sort of a product

it's a SAS which lets you you know show

notifications like these for example 13

people started a free trial in the last

24 hours verified by proof or 79 people

are currently viewing this website

verified by proof proof becomes the

central Authority for actually verifying

how many people are currently on this

website or how many people have recently

signed up on this website so that

whenever you're selling something for

example you know there's someone who's

selling a whatever crypto cheat sheet

like this and whenever their user comes

on their final cart product or you know

cart Page by page is when you create

some sort of a foro by showing them XYZ

people are currently trying to buy this

um you might have seen this fairly often

on you know course selling websites or

even you know any digital product

selling website U it leads to higher

conversions which is why you know

marketeers love to integrate these in

the website it's again a oneline

integration um and all you have to do as

you know the developer is number one

build a website very similar to you know

this use proof.com where a user can come

and you know give their websites URL for

example let's say our website is cryptos

sheets.com and the website gives you

back again a pixel code a pixel code is

basically you know a script that you can

add to your front end page so what you

have to do is take this pixel and

integrate it in your own code base in

the crypto

sheets.com codebase just bring the pixel

and put it over here now anytime a user

signs up anytime you know there's a form

that looks like a sign up form and

someone clicks on a submit button the

use proof system understands someone has

recently signed up and let's say if you

know 30 such events happen then everyone

who's on the cart page will get a

notification that says 30 people signed

up in the last let's say 30

minutes the reason this is good is

because um as long as everyone

understands how proof Works under the

hood and proof is not doing anything

shady whenever you seeing the verified

by proof tag you can indeed be sure can

H there are 79 people who have recently

signed up because proof does not let the

developers of the company you know

inject events and you know tell K 79

people are currently active on the

website it actually has a script running

on your final website and that's how it

figures out how many people are

currently live same should be true for

if you're selling something if you want

to show a notification that says you

know

XYZ has bought the course from Gujarat

you might have seen these notifications

as well okay Amir from Gujarat just

bought this course for $30 these are

also foro generating notifications and

these should be split out from a stripe

dashboard you should indeed verify your

payment has happened and not trust the

developer of that specific you know

product and only then should you say

verified by proof the whole point of

this is you know this is real social

proof okay this event has indeed

happened so the only thing you have to

keep in mind is okay you're not letting

developers inject events or you know

live counts over here okay currently

there are 30 people live on my website

it should be all pulled from the website

and proof servers should be able to

figure out H currently there are 10

people or 20 people active on the

website text tack should be

straightforward U you need two things

number

one you need this

dashboard that you can write in maybe

nextjs whatever you know front end

backend technology you're comfortable

with and secondly you need some sort of

a backend server most probably a

real-time backend server where anytime

if this is your end users websit this is

cryptos sheets.com

anytime a user comes here they create a

websocket connection to your backend

server and that is how you know how many

people are currently active on the

website so you need this extra backend

service which is you know from time to

time pushing things to most probably a

database and you pull out notifications

from this database to again show on this

website okay 30 people are currently

active on the website not too difficult

to build again polish is what matters

and you know transparency is what

matters so if you can somehow you know

bring more and more transparency if the

website does say verified by you know

your website or verified by proof then

indeed you can be sure okay this

specific metric is indeed correct that's

website number two let's move on to

website number three the website that

has made $100 million in its lifetime

all right the next one is a to-do

application but slightly no

not a very simple to-do application but

nothing too hard either it needs to

support five features feature number one

it lets users create todos that's the

fairly simple thing any to-do

application should let you do add

members to your organization and assign

them tasks a lot of times these toos

might not be assigned to you it might be

assigned to someone else in the team see

a calendar view of all of your tasks all

of your team tasks individually people

can see their own set of tasks they need

to do and by when do they need to do

these tasks reminders at the end of the

day for all pending tasks in case I had

10 things to do today and I've been able

to check off five I should get some sort

of an email WhatsApp notification phone

call SMS that I still have five pending

tasks for the day and lastly allow you

to create organizations I can create

multiple organizations add different

members to different organizations have

tasks for each organization be separate

to lets you do a lot of these things

this is what their very basic dashboard

looks like you can come here and the

first thing you can do for example is

create a task let's say the task is eat

food at two like a very weird task but

let's say eat food tomorrow at 2 p.m.

and as you can see you know it makes

your life as easy as possible all I had

to do was write at 2 and it

automatically passed that this probably

means 2: p.m. if I write 2: p.m. here it

automatically understood this means 2

p.m. if I remove pm. it feels like this

thing is due at 2:00 a.m. tomorrow all

right basic passing uh that you know

just makes the life of the person who's

creating the too very easy the whole

point of this is to you know make the

lives of people who are extremely busy

easier and you know these small polishes

matter a lot there it lets you assign it

to someone else or yourself priority P1

P2 P3 and you know by when is this thing

due if I click on add task it becomes

one of many tasks I have pending today I

have to eat food go to the gym finish

video for recording the one that I'm

currently recording finish code three

syllabus hash the cabus things like

these these are all the tasks that I

have for today as I keep on doing them I

can check them off it also shows me a

calendar view which is pretty cool K

this is everything I have pending for

today let's say I don't have anything

tomorrow this is what I have planned for

Saturday so on and so forth so taking

all of your tasks and you know showing

such a view that you can it's just

easier and you know more organized to

look at it also lets you create

organizations for example there is a

100x devs organization here and you know

you can create multiple projects inside

it for example cohort 3.0 is one project

Meetup is another project these are the

the tasks that we have to do during

let's say a Meetup that is happening so

a very basic to-do application as you

can see there's nothing you know too out

of the ordinary here very basic UI

elements and you know drags and drops

which are not too difficult to add today

um the only thing is you know have you

covered all the bugs have you supported

all the features that these guys

currently support um the only difficult

thing that I can think of might be you

know adding members removing members and

you know letting the users create

organizations which also if I'm being

honest is a fairly simple full stack

task nothing too out of the ordinary

here if you're trying to build it if you

are thinking of building it I would

first build the front end of it there

there's like mildly complex things to do

if you want to build the front end for

example tracks and drops and then I

would just move off to the back end

which if I'm being honest should be

fairly straightforward the other thing

that might be good to add here is you

know a mobile application because you

need notifications to pop up you

probably need a mobile app for that also

mostly busy people you know are on their

phones so you know they can create a

task directly on their phone that's all

I have for this one let's move to

project number

four all right

product number four is called detoxify

it's an original which means I don't

think this already exists this is just

an idea that came to me a while back the

problem statement looks like this

whenever you open your YouTube feed it's

mostly customized based on history what

YouTube things you're interested in for

example in my case I see a bunch of real

estate I

see some more well too much real estate

and then you know some of my own videos

so on and so forth but you know this

feed can get very toxic very quickly um

you might open one you know back

cracking video and then you're just

seeing a bunch of you know back cracking

videos for a long time um so what if you

could create a website where users can

come and select one of many things

they're interested in for example

devops or you know maybe

rust or goag so on and so forth one of

these technologies that they want to

learn and once they select this

technology we surf their YouTube I

repeat we surf their YouTube with a

bunch of popular well written well you

know made goang videos for a really long

time and their final feed eventually

becomes you know a bunch of those

creators that are currently active SL

you know have the best goang videos it

lets you detoxify your feed and you know

makes it so that if you want to learn

something you consciously triggered to

learn that thing because your feed is

filled with those things now I don't

know if this is possible to do I don't

know if you can get access to some

someone's YouTube such that you can surf

on their behalf and you know the access

is limited to just you know that versus

you getting complete access to their

YouTube um so the thing to figure out

here is okay is this even feasible of a

product to build can you get some sort

of permissions on a users account so

that you can start to Surf their YouTube

and you know spend maybe 20 minutes on a

specific video and then and overall

spend around 30 hours on a bunch of

goang content so that by the end of it

their feed looks something like this if

this is possible to do I would assume

people would pay a lot of money for this

I for example would pay you know a

decent chunk of money maybe whatever $10

a month um so that if I want to learn

something I am forced to do it

subconsciously because my feed is filled

with all of this content this can then

be extrapolated to Instagram and other

platforms a lot of times Instagram feeds

are also you know fairly polluted so if

you want to you know get away from them

you can either select not interested a

bunch of times yourself or you can have

a bot you know surf on your behalf and

by the end of it filter out good and bad

feed Fe so that your final feed becomes

detoxified let me know if this is

possible in the comments and if you

figured out the right set of apis that

these websites do provide you if they

don't provide you any apis you know the

worst case is you take the user's

credentials I don't know if people are

super comfortable sharing their

credentials but I would totally create a

fresh dummy account where I would give

my credentials to a company like this

and if they surf on my behalf great I

can eventually open that specific

account and surf using that specific

account my primary account credentials I

don't have to share

that's idea number four let's move on to

idea number five which is slightly

devops heavy all right next up we have a

website similar to better up time well

it used to be called better up time now

they do a bunch of things but better

stack or more specifically their uptime

offering lets you track your websites up

time which basically means if ever your

website is down they will send you an

email if you don't pick up your email

they'll send your manager an email so on

and so forth fairly technically

challenging problem to build as

especially when it comes to you know

being very active in tracking these URLs

and then you know mailing and calling

the right people at the right time let's

look at their ux really quickly after

you sign

up you see a dashboard where you can add

a bunch of monitors a monitor basically

means what URL you tracking if ever

projects. 100ex steps.com is down this

becomes Red If ever app. 100ex steps.com

is down this becomes red let me create a

fresh monitor here you can decide when

the alert should trigger if it is the

URL becomes unavailable or if it returns

let's say some status code other than

200 in this case you should trigger the

error let's just revert to the original

what is the URL that we're tracking

let's say we're tracking hunex steps.com

and on call escalations what all do you

need to happen in case uh this specific

website is down send an email send an

SMS so on and so forth you probably have

to upgrade your plan if you want you

know a call or an SMS let's just stick

to emails for now um

if the on call person doesn't

acknowledge the incident then you know

you should alert all the other team

members just select whatever you want

over here in fact you know you can

actually create fairly complex teams

over here multiple teams each team

having a manager manager having a

manager on top that guy having a CTO so

on and so forth so the escalation

happens in a certain you know standard

fashion um and then you can just create

a

monitor now if 100x jef.com is ever down

then you know the specific monitor would

go down I would receive an email let's

try that out really

quickly I have deleted all the pods for

this specific website which basically

means the website is should be down now

if I go to 100ex steps.com you will see

it says 503 service temporarily

unavailable let's wait for a few more

seconds as you can see it checks every 3

minutes I'll see you back in like a 3

minutes or so and as you can see now the

website is indeed down it's been down

for 1 minute 36 seconds time for me to

bring this back up I don't think this is

good for me to you know production to be

down let's quickly revert

that and now if I go

here the website is back up and in a few

seconds you'll see you know the monitor

is up as well um since this has been

down I should have received an email

let's see if I have received something

and indeed if you guys can see this it

says better stack update the specific

website is down um this is how you know

a website like this runs now this is a

very small use case for monitoring um

there are a lot of things to monitor a

website monitor is you know a very basic

thing to add and hence you know if

you're building a product like this you

have to build logging and you know

dashboards charts alerts based on some

custom metrics things like these just

tracking a website isn't enough which is

why now I think better of time has

expanded to just better stack which

means you know they will monitor

everything for you not just uh an HTTP

URL um a basic version of this is just

this is letting people track a website I

don't think this this will scale very

well this is good for like a $5 a month

sort of a thing but eventually when a

company becomes really big they need

either inhouse monitoring or you know a

lot of things to monitor not just a URL

but a great project to try try out in

general um what would the stack look

like you would have a nextjs application

where users would come or whatever react

application users would come um set up

their monitors you would store them

let's say in a database and then you

need some sort of a service specific

spefically you know probably in various

regions because whenever you use better

up time it tracks you from three regions

and only if you're down in let's say two

of three regions does it monitor an

alert or like throw out an alert you

might be blogged in a certain region

whatever uh and you know hence you

should make sure you're visiting the

users's URL from various regions so

let's say there's one server of yours

that's in um us one that's in EU one

that's in Australia and from all three

of these you need to keep hitting a

specific URL that you'll fetch from this

specific database um every 3 minutes if

ever something is down you need to let

the database know you know change the

status in the database also need to you

know throw this in on some sort of a

queue which will eventually be processed

by you know an email sender or a caller

that you know actually call the user so

on and so forth so there are a lot of

asynchronous systems to build here um if

the system ever comes back up then you

know you need to cancel a bunch of these

calling a few people so there are a lot

of things to build even in a simple V1

but eventually you know you should do

what they're doing here now which you

know they have slowly added you know

logging over here where you can add

various type of sources for example your

kubernetes cluster or a VM and based on

those logs you can add a bunch of

monitors basically things that a company

like data dog or New Relic lets you do

um I think that's the end outcome of any

product like this but to kick things off

starting off with what better uptime dat

is also you know a great start for a

small company or business for like $5 a

month with that we MO to the next one

all right next up we have YouTube

downloader the reason I put this here is

because it makes or can make a lot of

money via ads um if you look at the most

visited websites in India don't look at

it but if you do you know you'll find

this in the top 10 um this is one of the

most heavily used apps at least in India

um and here all you have to do is come

paste a URL click on download it'll

download the MP4 for you sounds like a

simple product um it's actually not too

difficult to build if you use a bunch of

external liaries if you start to figure

things out yourself then it might be you

know a little bit of a headache but I

don't know how many of you have used

youtube-dl which I think is a python

Library I don't know but a simple CLI

that lets you given a URL that looks

like

this downloads the MP4 onto let's say a

server of yours and then you can you

know just let the end user know okay H

this is your MP4 URL um it's basically

very simple to do right you have you

just create a simple HTTP server where

whenever a user puts in a URL send a

request to the server use a CLI that

let's say you download that specific

file and then take that file and give it

to the end user just give them a URL or

you know store it here for let's say 10

minutes and just hope that the user

downloads in the next 10 minutes and

then Purge it from the server um so

fairly simple thing to build the only

difficult thing here is U expenses if

there are a lot of people using

your server or you know using your

service um this will get very expensive

because um you need a lot of storage to

begin with you know a lot of people are

hitting your server and downloading

massive files um so you need to make

sure the unit economics works out and

you know you're able to make enough

money via ads which I think they do um

because if you are the most visited

website in India then you're probably

getting I don't know whatever 10,000

200,000 visits probably every second

Maybe not maybe that's a little too much

but you know you get the idea if you

have to keep 100,000 videos alive on

your server this will get very expensive

in terms of storage so how do you Cash

videos where do you cash videos if you

know there are popular videos that

everyone's downloading how can you you

know avoid redownloading them again and

again are small challenges to figure out

here to make sure that the unit

economics works out in the end um you

can also add some basic front end

features on top letting the user crop

videos from time to time download a

certain segment all you have to do in

that case is you know after

youtube-dl run an FFM command that crops

the video out and then the cropped video

is what you need to serve to the end

user so adding these features isn't too

difficult to bid another website that

I've seen in the past is one that lets

you run YouTube on Loop on a certain

segment um so that might be another

thing to build all of these will run by

ads you probably have to promote them a

lot for them to be able to compete with

the alternates that already exist with

that we'll move to the next one all

right next up we have a fast feed for

crypto

prices if there is a capture on a

website you know it's being used very

heavily Dex screener is one of such

websites that's currently being very

actively boted SL used on the Solana

blockchain why because it tracks the

current price of a bunch of meme coins a

lot of times these meme coins have you

know 10x 100x potential I don't know if

you guys know andate launched this coin

weird things happened over there let me

see yeah it's called daddy Tate um and

you know even during that time a website

like this especially you know if you're

able to catch it here right before the

launch or you know right at the launch

can you know lead to 100x outcomes I'm

not saying it's a bad it's a good thing

to do you shouldn't follow these trades

but a lot of people do since a lot of

Traders and people are you know

following these meme coins um maybe this

is not the right one actually but either

way since a lot of uh Traders are

following these meme coins a lot of

times they require either websites that

can track the current price of a a meme

coin this is hard to do because these

meme coins aren't listed on centralized

exchanges yet they come up on some

random dexes so you have to make sure

you're actively tracking all the

decentralized changes that exist every

new token that is being created whever

there's a market being created for it

you should start to pull it and you know

show it on your website if there's a lot

of activity happening on someone if

there's one that's you know increasing a

lot in price over the last whatever 24

hours or 5 minutes then you know you

should show them here um of course A lot

of them these are just scams and you

know people pumping their own coins so

be very careful and you know always look

at liquidity before you're buying or

selling any one of these but yeah a lot

of companies sort of make make a lot of

money in transaction fees um if you're

able to build a place where people want

to track meme coins a lot of times that

is telegram groups as well which means

creating a bot on a telegram group where

people can come check the current prices

of meme coins and you know if there's

one spiking up very quickly buy it in a

single message sell it in a single

message uh Bon bot is one such very

famous use case that made I don't know

how much they made I think like half

half a billion dollars or 50 million

something in that range in just

transaction fees over a really long time

like a year or so not even a really long

time so if you catch the right set of

Deion um and you know give them good

price discovery on Meme coins um and let

them trade you can take a small portion

of the trade which is sometimes like as

high as 1% so if you have a lot of

volumes you can make a lot of money um I

would build this uh purely you know

preparing for whenever a meme cycle

happens and you know people want to

quickly buy and sell a lot of times

these were being used by eth people who

want to quickly move over to Solana uh

because they just felt like okay there's

a lot of activity happening on Solana

they don't know how to buy Solana yet so

they would just create a wallet on some

telegram bot move their there swap the E

for their soul and then you know use the

soul to buy a bunch of these meme coins

so I would build this if I had the time

today uh technically how do you build

this as I said you need to make sure

you're constantly tracking all market

makers SL liquidity pools that currently

exist on chain most probably any coin

that is here does not exist on a

centralized exchange so the

price Discovery is the thing that

becomes you know critical over here how

quickly can you find what trades are

happening and what is the current price

of any mem coin store them or throw them

in some sort of a database do all sort

of analytics on top of it to figure out

you know what's the current 5 minute

increase the 1 hour increase the one day

increase of each of these coins and

based on that you know people see it

either in a UI or people see it on some

sort of a telegram group even if you're

building this UI there's like a lot of

things to learn for example charting how

do you chart candles like these uh swaps

how do you call the right set of apis if

you directly want the user to swap from

here here they just let you you know

trade on radium which I'm assuming is

just an i frame uh but if you're

building a telegram bot then how do you

create a wallet for a user and how do

you swap on their behalf if they ever

want to buy a meme coin that's the idea

build it I buil this for the salana

hackathon a WhatsApp version of the bot

like a lot to learn if you're building

something like this moving on oh boy

before we move on I found the page that

shows how much they're making in fees

and bonmot is made has made $100,000 in

the last 24 hours in fees till date

they've made $50 million solid business

to build if you've built the right

distribution it's a distribution first

business Tech doesn't give you too much

edge here the thing that gave the mge

was you know finding the right set of

degenerate Traders and you know letting

them trade on telegram on to the next

one crypto payment Gateway uh I'm sure

some of you have heard of companies like

stripe or Razer pay if you've ever used

them in the past they basically give you

apis to talk to Banks and accept

payments from your end users if you're

creating any digital product you you

have to integrate with one of these two

they charge like 2% fees so if you're

you know if your end user is paying 100

rupees you get 98 rupes 2 rupees goes to

either Razer pay or stripe whatever you

are using crypto payment gateways are

very similar um they let you accept

payments from end users and let them pay

via crypto so you will get a very

similar UI let's see if I can see find

that UI somewhere here you basically get

a UI that looks like this where your end

user can pay via crypto that includes

you know BTC eth and once they complete

their payment you can credit their

account with whatever they were trying

to sell let's say a course or a digital

product the reason these are sort of

important is because number one it's

very hard to do payments in crypto like

hard to track payments in

crypto and number two it's very hard to

keep track of how many blockchains are

coming and where your end user might

want to pay

from number three is extremely hard for

you know traditional businesses to

offramp this money into bank accounts

this is where you can come as a

centralized crypto exchange let end

users pay via crypto and give the

business INR directly so if let's say I

have a business called my

t-shirt.com I register with a crypto

Gateway like coin gate and they accept

payment in crypto from my end user who

wants to buy a t-shirt let's say you

know harat harkirat pays coin gate coin

gate off ram the money to my bank

account even if they don't offramp the

money and you know just send it at the

end of the month to my crypto address

that's also good enough but if you can

figure out off ramping then you know you

can bring in a lot of traditional

businesses in here you can't do this in

India it's very hard to offramp crypto

in India but if you're building this for

you know a More crypto-friendly Country

then I would build the off amping part

as well even if you don't build that

just building a crypto Gateway which

accepts crypto from various blockchains

on various networks supports a bunch of

coins swaps them to usdc almost

immediately

is a great thing to build in fact the

project that we'll be building next

would also require something like coin

gate a crypto payment Gateway where you

can accept payments from end users what

are the things that you need to know

about if you want to build this

technically number one you need to

understand how

indexing happens in blockchains every

blockchain that you'll be supporting be

it BTC let's say ethereum and soul you

need to understand how can you index the

blockchain and figure out the right set

of transactions where you're asking your

end users to pay the other thing you

need to figure out is Real Time swapping

by which I mean you know if your t-shirt

is for

$100 but your end user only has ethereum

you need to figure out what is the right

price of ethereum you need to charge

them let's say 0.01 eth and once you

receive this eth you need to almost

immediately convert it to usdc if you

wait for a little bit of time and the

price of e drops by then then you will

only get back you know let's say $98 so

you'll have to take a hit of $2 hence

whenever you're charging your end user

whenever they pay you almost immediately

convert their whatever crypto they've

sent you over to usdc because that is

what you have to transfer to your end

business or end client that you know is

using your payment Gateway with that

let's move on to the next one all right

the last two projects are fairly

correlated you can create a separate

opinions tracking website similar to

probo if you've seen it this is one

that's been popping up in India where

you can invest in your point of view

basically means you can invest based on

invents okay I feel that Donald Trump

will be presid president in 2024 2025

and if you win you make some money if

you lose of course you lose all of your

money these are opinions that you can

trade on another example might be that

the fourth over will be played by a

specific bowler or India will make more

than 200 runs in the next T20 so on and

so forth so these are opinions that you

can trade on there are people on both

the sides based on whichever party wins

you take all of the pool and you know

distribute them amongst people some of

the money you Tak in as trading fee

that's what opinion trading is and stake

and a bunch of other gambling websites

let you do opinion trading but also let

you you know trade on other games and

assets for example if I open stake over

here some of the popular games over here

include things

like dice or crash or Plinko I don't

know if you have tried many of these

Plinko I have a detailed video on how do

you build a game like this this game

basically lets you bet a certain amount

for example $1 and based on where this

ball lands your $1 might increase or

decrease for example this $1 landed in

the 1.2 Circle which basically means my

one rupee became 1.2 rupees or $1 became

$1.2 I can keep betting a bunch of balls

and you

know of course you will lose in the long

run but you know as you can see over

here I've mostly made money in this

specific cycle um how do you build

something like this is something I've

already posted on YouTube you can go to

that video it's a detailed 2hour video

this is probably the most difficult game

to build here other games are fairly

straightforward for example dice

basically means I want to you

know bet $1 and based on if 0.81 came I

will lose but if anything above 0.5

comes I will win again 11.27 came so I

lost 86.6 came so I won anything between

0 and 50 comes I lose anything between

50 and 100 comes I win um of course

there is there is something that's

making the house win as well most

probably if exactly 50 comes then I will

lose um which is how the house wins but

in the end the house will always win in

the long run if you keep betting against

and again um in any one of these games

you will lose in the longer run but if

you feel lucky someday just bet $100 so

if you feel lucky use them usually just

build them if you build a website like

this as long as you can get the right

people for example right now 4,900

people are playing Plinko 16,000 people

are playing mines which is also a very

addictive game where you know you can

come and let's say bet $1 $1 or whatever

um and you can keep selecting a bunch of

these boxes until you arrive at a mine

if you don't arrive at a mine your total

multiplier will keep on going up for

example my multiplier right now is 1.37

if I select another one this is also a

mine this went up to 1.46 so on and so

forth but if I hit a mine somewhere here

then my money goes down to zero I've

been able to reach 1.55 if I click on

cash out I will make $1.54 $1 that I bet

and .54 that I made on top but if I

would have hit this specific mine then I

would have gone down to zero this also

if you run the probability you will lose

in the longer run um you will never keep

on on making money if you keep playing

this game again and again this is the

most popular one as you can see mines

but you know these are all games that

you can build the easier thing is

building these games the most difficult

game I've already built on YouTube the

harder thing is wallet balances and you

know allowing users to onramp money

allowing users to take out the money

making sure this singular balance is

what they can use across various games

um this is the heart bit also if you

want to support realtime games then it's

a whole different category of you know

gambling you need to set up gambling

Studios where there are people who are

real life Casino players that are

gambling and you know you're playing

against them that's a much harder

problem to solve building a much simpler

you know UI like this allowing people to

onramp and offramp money very similar to

what we discussed in the last slide and

then letting them play these games is a

good business in the longer run as long

as you have enough eyeballs and enough

people on your platform you will make

money in the long run cool that's all

the 10 ideas I had personally amongst

all of these I am most excited about

seeing the first one testimonials. two

because I know it's a good business and

you know it makes almost 400k in

totality or a year one of these I think

400k annual recurring

Revenue to doist is a very it requires a

lot of Polish so if you are thinking of

building it you know make sure You'

you're ready for a long ride because it

will require a bunch of iterations and

making sure you have all the right

Integrations probably will take you 6

months to a year to build this similar

to how they've built it um detoxify just

to figure out is this even possible

because if it is it's a new product and

you know you never know a new product

might you know catch fire very quickly

um fast price feed for crypto prices um

like building a website building a

telegram bot or even building an API

that gives you extremely high you know

frequency of current prices of various

meme coins can be a big business U as

you saw Bon bot makes like $50 million

or has made $50 million in less than a

year though you know another thing I

would build If I Had the Time crypto

gateways will remain Universal uh so you

know it's a very long game to play there

will event be you know a stripe either

stripe will get into payment gateways or

there will be a crypto stripe so being

in that market is probably a good thing

to build a ging websites are always

great openion trading is just legal in

India for some reason since proo is here

I'm assuming it's legal India so that's

another reason why I feel you know I

would want to build something like this

either one of these gambling website or

anything in that realm um is a good

business because one it's very addictive

two it's Soo legal in India I don't know

the legalities but if a company like

stake is working in India it means it's

it's pretty legal right um and lastly

openion trading which again the house

wins very well U if you can get enough

people to place bets um you'll make like

a lot of money on every game that's all

I had for this one I'll see you guys in

the next one bye-bye