Crowdholding

Month of September Update: Things are on the YUP

Month of September Update: Things are on the YUP

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Month of September Update: Things are on the YUP

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Hi Crowdholders!

 

We have had a busy September, we are beginning to see more and more opportunities while continuing our bootstrapping and moving CH further. Without further ado, let's get into it. 

 

Growth Stats: 

 

Our Alexa Ranking rose from 305,304 on September 1st to now at 178,326. The second month in a row with a significant jump. The most impressive aspect is that this is organic traffic as we are working without a marketing budget. All the groundwork in the past has given rise to a continuous stream that continually growing.

  

 

We had a total of 528 signups in the month of September averaging to 17.6 a day. 

 

Our active returning users also took a small jump upward as showcased from Analytics below, from the previous month of 2,497 to 2,537 weekly active users (ie. commenters, voters and readers). With more traffic increasing we look to find ways to convert more returning users in October.

 


 

Placement of our first Ad banner on CH

 

We are happy to announce the testing of using ads on CH to help support the YUP cycle. We currently placed only one ad banner for this trial as of today (October 4th). As agreed upon with the CH community, all revenue coming from ads will be used to purchase YUPs to support and help improve volume. 

 

We are collaborating closely with https://adshares.net/ who also use our CH widget. We are happy to support their ads and plan to keep improving our ad results with them as we grow and distinguish best placements. Expect more Adshare tasks on CH soon!

 

  


 

Dividend Stats:


 

Our total YUP rewards given for the month was 247,600, thus 12,380 were given out in Dividends.

 

Results are the following:

 

Top 20 Leaderboard & 50K+ YUP holders: 26.97 YUP 

250K YUP holders: 107.88 YUP

1M YUP holders: 539 YUP 


 

Aeternity’s Hackathon 

Image may contain: 4 people, people sitting and indoor

 

The weekend of September 14th and 15th, Ethan with a team of developers won 3rd place at the Aeternity’s One Hackathon for the project Memehunter. Memehunter is a concept to develop a meme economy by allowing top meme curators to post their memes for small micropayments. You can watch the presentation here (please go to 9:08:18 of the stream to watch Ethan’s 6-minute presentation).  


 

Update on Memehunter:

 

Ethan met and talked to the 3rd highest paid user from Memefactory’s leaderboard (would be a direct competitor of Memehunter). What he found out was that Memefactory in the beginning actually showcased a real use case with people buying and selling, but then an issue happened according to the user, “The decentralized nature of the application began accumulating high costs. Just getting one vote of many to get memes accepted was costing people 3 USD per vote. And the cost of minting the Meme’s was even higher. Thus, I started paying more and more costs and things just slowed down from there.”  

 

This is definitely interesting to think about. Memefactory was onto something but looks gas prices just got too high. Which means there is an opportunity and market out there. So as a community we should keep looking at ways on how a use case would look like. 


 

Ethan presented and attended the Aeternity Universe One

 

 

On September 20th-21st CH attended the æternity Universe One conference in Prague, Czech Republic. It was great for the first time meeting the Aeternity team in person with who we are closely collaborating with. 


 

Ethan presented on day two where he talked about Crowdholding and our future collaboration with AE. You can watch the video here. Go to 6:10:33 of the stream to watch Ethan’s 20-minute presentation. We plan to announce our integration on Aeternity’s Blockchain next week so CH users will be able to withdraw their AE rewards from their ”account” on CH. So stay tuned!


 

Hacktothemoon (Binance sponsored Hackathon in Prague) 

 

 

Ethan together with another development team participated in a Binance sponsored Hackathon on the weekend of September 28-29 called HacktheMoon in Prague. The project they built was called CrowdClick. However, no spoilers about it just yet, as they are currently waiting for the event organizers to release the presentation video. Once we receive this they will definitely showcase this new product idea for your feedback. As a highlight, Binance was impressed and their ending remarks on stage singled out the project as a “fascinating potential use case.” And Crowdclick won their hackathon track from building on Matic Network’s side chain. We will update you soon about it.  

 

Thanks for reading everyone. Keep up the good work! 

 

Cheers, 

 

CH Team   





14 COMMENTS 35 VOTES

Most recent Most verbose

congrats for Alexa and hope Ch move greater heights in  near future  and great updates so far , feeling good to be part of Ch community 

5 hours ago

Thank you very much for the update. Now site promotion will be even easier.

3 days ago

Mente Pensante new user

Important project , i am sure it has a great future and i am happy to participate. 

4 days ago

This comment is not available, it has been removed for violating the code of conduct

6 days ago

De Gem guru

Cryptocurrency enthusiast, avid reader, rapper and SDG advocate.

All hail Crowdholding, all hail Crowdholders!

1 week ago

Congratulations on so luch progress and user increase. I love your program and this community and I'm very happy to see it continually expanding and adding diverse projects. Kerp it up! 

1 week ago

dr dent18 expert

great job as usual and the progress has been good. Keep up the great work.

1 week ago

NARUTO RAPHEAL guru

I am a Mechanical Engineer with expertise in power and Mecha-tronics. An Entrepreneur

wow, very much progress here in this community, we always moving higher and pushing ahead, I hope that we will be moving with such great speed forward.

1 week ago

Since I have joined CH's task, I am really happy. Sincerely wish CH's growth.

1 week ago

This comment is not available, it has been removed for violating the code of conduct

1 week ago

Nice work by the team. Ethan has been very busy. I hope he gets some rest. CH is making progress.

1 week ago

Steven Engravalle

Passionate about education, technology & my coffee

Although I am new to CH, I am very impressed with the platform and the concept. As I spend more time here reviewing projects and participating, I look forward to having cogent and valuable feedback for the CH Team. 

Keep up the great work, and keep innovating!

1 week ago

Karen M guru

Welcome Steven! You'll see there are many interesting projects/tasks here. It's quite educational too.

1 week ago

Karen M guru

Nice growth from last month! It's nice to see CH team up with other projects (AE, now adshares). It's a win-win.. congrats once again on the huge success at hackathon. I did notice dividends paid out were less. Is that because more people are getting them? Interesting discovery on the memes. It's worth learning more about. Can't wait to hear more about the new project crowd click.so much excitement here!

1 week ago