Paragon Square Inc. has developed a marketplace tailored to Goods, Services, and Rentals, aiming to reduce fees for small business owners to 0%. In May-June 2024, a soft launch for sign-ups in the Goods/Services segment achieved over 28,000 sign-ups during a six-week marketing campaign on Facebook. Currently, the platform has approximately 8,500 social media followers across three platforms and over 32,000 sign-ups. The Rentals segment V1.01 is set to launch by March 31, 2025.
In late December 2024, Paragon Square Inc. announced a partnership with SWIFT Ledger (www.swifttoken.io) on the Solana chain as an accepted payment option. SWIFT Ledger, founded by entrepreneurs seeking to create greater utility for marketplaces and business owners globally, will list on its first CEX in January 2025. Currently, SWIFT Ledger is paid on the DEX with Solana, USDT, and Jupiter, having over 100,000 transactions since its launch on December 10, 2024.
https://www.dextools.io/app/en/token/swiftledger?t=1737109092174
Paragon Square has also integrated Now Payments as its crypto payment processor. The marketplace will be the first open-source marketplace to offer both 0% commissions via a subscription model and cryptocurrency payments for sellers of goods, services, and rentals.
The CEO Alexander M. Woods-Leo goes on to say “We are extremely enthusiastic about our platform and its impending launch for small businesses globally. Businesses will finally be able to cut down costs just for posting or acquiring new clients at a much lower rate and won’t have to wait as long to get paid. Being the first full-scale marketplace to offer both fiat and crypto for such a wide variety of goods, services and rentals is unheard of so far,”
Our Company also recently acquired an existing Revenue-generating generating Real-estate portfolio. We have 6 doors, with 4 doors making revenue of about $100,000 a year. A Recently invested in a Quadplex in Philadelphia and are 40% owners in that. We own a 40% stake in the land and the project which is expected to be completed in 9-10 months along with a 40% revenue share.
We currently also entered a short sale agreement for a property that needed completion valued at around $300,000 post completion and we will be closing for $190,000. The average leverage we have across the board is around 50-60%.
The CEO Mr. Woods-Leo goes on to comment “With our Goods/ services segment of www.paragonsquare.ai in soft launch mode and our impending full launch taking place this Quarter 1 of 2025 we are setting the stage for replacing the existing old insane fee business models of the main platforms of rentals”
Mr. Woods-Leo states further “Our Platform will do away with insane fees for hosts and launch Paragon Rentals Soon in Late Q1 or early Q2 2025 shortly after the goods and services segment is released. Our platform will offer $100 a year subscriptions to hosts looking to rent their properties to vacation renters instead of the platform taking absurd fees. We aim to be practical.”
Recently Paragon Square Inc. has launched a Regulation CF offering on Net Capital. Interested parties have an opportunity to learn more about the company and take part in the venture. The link to portal is https://netcapital.com/companies/paragonsquare
The corporate structure includes:
By April 1, 2025, the 2024 Annual Report will be filed, providing consolidated financials.
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute “forward-looking statements.
” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”, “forecast”, “anticipate”, “plan”, “planning”, “expect”, “believe”, “will likely”, “should”, “could”, “would”, “may” or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to grow its business.
Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s limited operating history, the limited financial resources, and domestic or global economic conditions — activities of competitors and the presence of new or additional competition and conditions of equity markets.
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