EP 288 - Pang Xue Kai - Untukmu - We Want to Create a Story in a Gift
Aug 2, 2023
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Pang Xue Kai, Co-founder at Untukmu, discusses how the development in the AI space drove his decision to start a new company. He explores the intersection of AI and Crypto, the cultural importance of gifting, and the core AI systems being developed at Untukmu. Kai also highlights how AI can be used to create personalization and why storytelling matters.
The accelerating development in the AI space drove Pang Xue Kai's decision to start a new company focused on gifting, showcasing the potential for AI to enhance the gifting experience.
AI and Crypto will eventually intersect, but On Tukwoo's main focus is leveraging AI to create personalized gift cards and thoughtful presents for loved ones.
Deep dives
Development of On Tukwoo as a Gifting Platform
On Tukwoo, short for 'for you' in Bahasa, is a gifting platform created by Pang Shui Kai. The name reflects the company's mission to provide personalized gifts that show care and thoughtfulness. Pang Shui Kai explains that the idea for On Tukwoo stemmed from his own struggles with remembering important events and finding meaningful gifts for loved ones. With the advancement of AI technology, Pang saw an opportunity to create a platform that uses AI to enhance the gifting experience, not replace it. By capturing users' preferences and leveraging AI algorithms, On Tukwoo aims to help users create personalized gift cards and thoughtful presents for their loved ones.
Transition from Tukwoo Crypto to On Tukwoo
Pang Shui Kai recounts his journey from being a co-founder in the cryptocurrency industry with Tukwoo Crypto to launching On Tukwoo. He expresses his passion for entrepreneurship and the satisfaction he derived from building something meaningful. The development of AI technology in recent months further motivated Pang to explore new possibilities. Recognizing that technology like chat GBT had gained popularity, Pang seized the opportunity to negotiate his exit from Tukwoo Crypto and embark on his new venture. While acknowledging the potential future intersection of AI and cryptocurrency, he emphasizes that On Tukwoo's focus is on leveraging AI to enhance the gifting experience.
Creating Personalized Gifts and Enhancing E-commerce Discovery
On Tukwoo aims to revolutionize the gifting industry and redefine the discovery module of e-commerce. The platform combines AI technology with a personalized approach to gift-giving. Users can engage in conversations with the AI system to express their preferences, enabling the system to recommend thoughtful gifts and create personalized gift cards. By doing so, On Tukwoo strives to bridge the gap between technology and human emotions, offering users a more engaging and enjoyable shopping experience. While initially focused on the Indonesian market, On Tukwoo has aspirations to expand to neighboring countries and learn about diverse cultural nuances related to gifting.
The Asia Tech Podcast digs deep into a conversation with Pang Xue Kai, a co-Founder at Untukmu as he shares the genesis of his decision to leave his robust business in the crypto industry and pursue a new venture focused on gifting.
Some of the topics that Kai discussed:
How the accelerating development in the AI space drove his decision to start a new company
The idea that AI and Crypto will eventually intersect
The cultural importance of gifting
The core AI systems being developed at Untukmu can be used in multiple industries
How AI can be used to create real personalization
Why storytelling matters
Some other titles we considered for this episode:
AI and Crypto Will Cross Paths
How to Turn a Want Into a Need
Unveiling the Power of AI in the Gifting Industry
AI Will Not Replace You, It Will Enhance You
The Eureka Moment in Gifting
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