1. Executive Summary

1.1 Quick Description

TaleLingo is an educational learning application that provides a fun and interactive way for children to learn a new language, powered by the newest AI technology. We understand that learning a new language can be a tedious and challenging task, especially for children. Hence, our application offers auto-generated, engaging storytelling sessions in the targeted language, which helps children develop their language skills while having fun.

At the same time, TaleLingo provides an immersive learning setting for children by utilizing the cutting-edge art generation AI technology. By combining both the auto-generated storytelling sessions and story illustrations, TaleLingo's innovative approach to language learning is sure to revolutionize the way children learn languages and make TaleLingo a top choice for parents who want to supplement their children's education with a fun and effective language learning tool.

1.2 Team Overview

TBD

2. Overview

2.1 Market Opportunity

The global market for educational applications is rapidly expanding, with an increasing number of parents seeking innovative and engaging ways to supplement their children's learning.

According to a report by Technavio, the English language Training market in China is expected to grow by USD 80.54 billion during 2021-2025, progressing at a CAGR of over 22% during the forecast period. The demand for language learning applications is also on the rise. TaleLingo aims to capture this growing market by offering a unique and exciting way for children to learn languages with the epoch-making AI technologies.

Our target audience is people above the ages of 8 who are interested in learning English either for school-work or self-interest. The main pain points we target is the fun nature of learning. Today most of Chinese children do not have incentive for learning English because the experience is very tedious. If the learning can be a fun experience, the children can learn much more effective compared to traditional teaching and tutoring applications.

(.. More Research Needs..)

2.2 Innovation

TaleLingo's integration of both GPT3 (or GPT4 in future) and image generation AI (such as Midjourney and Stable Diffusion) sets us apart from other language learning applications.

By asking the users about their currently-used English textbook, the chapter, set of vocabularies or phrases the user wants to learn, and the tale session setting ( such as the user’s favorite cartoon) the user would like to join, we are able to create a customized and enjoyable learning experience for children. The tale will integrate all the learning materials in a natural language paradigm. For example, the session can be a conversation between two cartoon characters, or a short story learned from the tale setting.

Moreover, relied upon the powerful ability of the AI technologies, we are able to invite the user to join the tale by oneself. The user can be a character of the tale, who needs to perform a series of actions to complete the current tale session. For example, the user is required to make a sentence with targeted vocabularies or phrases, and the input is used to help the AI continue finishing the story. These functionalities provide users the immersive experience because the story’s plot may depend on how the user perform and what the sentences the user make. We believe that children are more receptive to learning when they are having fun, and our application aims to foster a love for languages in children.

2.3 Business Model

TaleLingo will operate on a subscription-based model, with users paying a monthly fee to access our application. We will also offer a free trial period to new users to encourage them to try our product. Our revenue streams will also include in-app purchases, which will allow users to unlock additional stories and features. We believe that a subscription-based model will enable us to provide a consistent and high-quality service to our users.

2.4 Milestones & Company Timeline

Sorry, just started, no milestones yet :)

3. Industry Analysis

3.1 Target Market

Coming soon

3.2 Competitive Landscape

Coming soon

3.3 Differentiating Factors

Coming soon

4. Financial Overview

4.1 Funding Goals

Our financial projections indicate that we will break even within the first year of operation, and we expect to see steady growth in revenue thereafter. Our revenue projections are based on our subscription and in-app purchase model, and we anticipate a strong demand for our product. We understand that the educational language learning market is highly competitive, and we believe that our innovative approach to language learning and our user-friendly and engaging application will give us a competitive edge.

4.2 Financials

Coming soon

5. Conclusion

TaleLingo is poised to become a leader in the educational language learning market. Our innovative approach to language learning, combined with our user-friendly and engaging application, is sure to make us a hit with both parents and children. We are confident that our subscription-based model and multi-channel marketing approach will enable us to reach our target audience and establish ourselves as a dominant player in the educational language learning market.