I was an investor in their ICO and use their platform regularly (in fact, I am the #1 crowdholder for the past month lol).
Here are my honest, straight up thoughts about crowdholding:
The Good:
- The product itself is great. It is easy to use, never lags, easy to navigate, and easy to contribute and earn rewards.
- The company is very open about their approach to their business and their future plans.
- The platform has steady growth with companies being onboarded on a weekly basis and new tasks every three to four days.
- The devs are receptive towards feedback and communicate well with their investors and clients.
- They plan to implement a Token cycle where their token will have natural demand as people get paid, companies purchase tokens to onboard, etc.
- It is the a hugely undervalued company with huge future potential.
The Bad:
- There is literally ZERO volume of trade on their token the YUP. It is only on very very very low volume exchanges.
- There is no marketing so userbase growth hasn't been sustainable and there is no awareness of the platform.
- They don't have much of a budget so progress on marketing, getting listed on higher volume exchanges, and onboarding of more notable companies is painstackingly slow.
All in all, I really like it, and I see it as a huge gainer in the future.
But I am not naive either, I also see that there is a huge risk it really will go nowhere at all.
For all of you interested, I highly recommend you check it out.
Earn some free stuff!
Topic: Crowdholding - The future of bounty campaigns? - page 7. (Read 1883 times)
Crowdholding is a crypto co-creation platform where you can log in and earn crypto from your responses. Currently Crowdholding has more than 25 blockchain startups, including established ones such as Deep Onion, Intelligent Trading Foundation, and Peculium, award tokens for bounties on Crowdholding.
Their YUP token is built on the Ethereum platform and is used to access the Crowdholding ecosystem. Soon users will be able to use YUP to invest, purchase products and services. Businesses invest YUP and other ERC20 tokens to manage ideas and bounty campaigns as well as co-create with the community. As the interests of everyone are aligned, the larger the ecosystem, the more liquid and valuable YUP becomes. In the next few months they are aiming to grow to 10,000 daily active users and host over 100 businesses which we estimate will boost the YUP value significantly. The YUP token is already traded on 3 exchanges (IDEX, OctaEx, CoinHub).
The way users get tokens is by
- Signing up to Crowdholding for free - https://www.crowdholding.com
- Choose a task you would like to participate in.
- Offer a well-researched solution.
- Other users upvote the best solutions.
- The more upvotes you get – the more tokens you receive.
Crowdholding has grown exponentially since raising $2 million from their token sale in January 2018 and now has 17,000 signed-up users. This is because Crowdholding provides value beyond bounty campaigns, as the community can directly collaborate with blockchain startups to co-create, crowdfund and build better businesses.
Given the decentralized nature of blockchain projects, Crowdholding provides great value for both pre- and post-token sales projects helping to gain traction and raise awareness. Businesses can launch different types of tasks where supporters put their unique skills to work by contributing to the growth of various blockchain businesses in exchange for YUP and ERC20 tokens.
The article i found out about them is below.
https://thebitcoinnews.com/crowdholding-connects-to-blockchain-releases-automatic-cryptocurrency-transfers/
My question is, what do you think about the project? Do you see any flaws in their concept? I think it's the next step in bounty campaigns and a great way for new users to earn tokens through their skills rather than simply spamming about an ICO.
Would love to hear your feedback, I have signed up to their platform.
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