Crowdholding

What is a Crowdshare? Learn and discuss!

What is a Crowdshare? Learn and discuss!

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What is a Crowdshare? Learn and discuss!

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Let us introduce you to the concept of the Crowdshare. As you know, businesses on our app will be sharing a % of revenue, thus we look to add a token called the Crowdshare come summer 2018. You can also earn this the same way you are earning the Yupie. An example calculation would be 1% of revenue = 1 million Crowdshares. This can be future revenue (for businesses who haven’t generated revenue yet) or current revenue generating businesses. The idea is that the business can place the amount of time the Crowdshare is valid (for example 3 years when revenue starts being generated) and you would earn whether monthly, quarterly, half year or yearly (chosen by the business) their revenue in Yupies as dividends from holding Crowdshares of different companies.

On average, 10% of revenue from a company is spent on ads. We at Crowdholding think the ad model is becoming broken with the CTR lower then 0.1% and us users actively using adblockers. It seems a no brainer to skip spending money on ads and give it directly to the customer to co-create with the business.  

Give us your thoughts and ideas that spurs from the Crowdshare logic of revenue sharing. Does it look rewarding to you? Do you see faults? How can we make the best model work? We look forward to your feedback and ideas!

UPDATE EXPLAINATION THANKS TO COMMENTS:

Sorry for the confusion. Yupie is the currency on our app. We are looking to introduce the crowdshare after the bounty period this summer. Startups will be sharing revenue (paid in Yupies). However, in order to know who owns what revenue from each startup, you begin earning a security token called crowdshares. Owning this crowdshare is worth dividends paid in Yupies. Think of it as a share of revenue you own where you will be consistently being paid in yupies by owning this asset. Eventually bounty ends around the summer (6% of our Yupies), and to replace and keep the Yupie movement on going you will earn crowdshares which is royalties of our businesses. So you will be earning a % of this revenue (crowdshare). A year ago, before getting involved in the crypto scene, we were planing just the crowdshare and people would use fiat on our app. But now crypto opens the doors to make our market place dencentralized. Revenue sharing begins in July, thus we are looking on the best way for businesses to distribute their revenue to all of you. We want to be as transparent as possible and be open with telling you about internal strategies. Your answers will help shape us for the best possible revenue sharing product come July. Will definitely be following up with future discussion regarding this.  





30 COMMENTS 29 VOTES

Most recent Most voted Most verbose

if I understood correctly, then your idea is good, why spend money on advertising if you can pay directly

1 year ago

Just a few words from me.....I definately it's a good idea and launching another token would look good if people are well sensitized on how best it's going to work....me i might know but not all people will understand it

1 year ago

Hi Ethan, So the plan is to further down the road create a Crowdshare marketplace, correct?

1 year ago

Ethan Clime

CEO of Crowdholding.com

That's correct. A market place that allows salaries (revenue sharing), investing (revenue ie. crowdshares) and purchasing products. By this time, we end up making it fully decentralized, buyout existing shareholders, and CH revenue reverts back to the crowd. And the application is run like wikipedia. That's the end goal.

1 year ago

Looking forward to it, Ethan!

1 year ago

InSomnius Joe

I solve problems for a living - combining knowledge from many areas of life

Purpose of Ads is to make people discover a product and also buy it.
I'd say you solve the second point.

But what about the first one? How do you help companies reach new customers?

I can see a potential for viral mouth to mouth marketing but there are some problems with that which the companies will have to take into account.
- What if you're a niche product
- What if you're not ready for going viral
- How do you make sure you actually get buying customers, not just "revenue wanting customers".

Just my quick thoughts.

1 year ago

Ethan Clime

CEO of Crowdholding.com

Regarding your questions. Our product is a niche market. We are only looking for crypto/fintech businesses to go on our application attracting users interested in this sector (crypto enthusiast). We are also not ready to go viral for the general public. But we have a community already now of early adopters. This in time grows as our business develops. 9/10 businesses fail because they are not validating with customers. Early stage business can offer future revenue. This means, only enthusiast adopter will participate because they are not receiving money right away, only if the business is successful. Henry Ford in 1916 wanted to give his employees and customers (to make cheaper vehicles) the dividends of his shareholders because he believed they would use these funds to buy his cars. Although he was sued by his shareholders and lost in court, this ideology is now ready for todays world. Here at CH, our research shows co-creation through crowdsourcing solves these problems that the current system faces. We will test and adapt on our journey of revenue sharing and co-creation, and how we will make it work is by co-creating with you. Thanks for the quick thoughts. Appreciate it.

1 year ago

InSomnius Joe

I solve problems for a living - combining knowledge from many areas of life

Thanks for the answer. Though I was actually posing those questions for the companies that would use CH.

1 year ago

Ethan Clime

CEO of Crowdholding.com

@InSomnius (reply too "though I was actually posing those questions for the companies that would use CH.") --- I hear ya. I don't anticipate a new business going viral, but see them gaining a small community here that will grow in time with viral potential. Best case scenario is everyone goes viral on CH, but we know the reality is a process to grow a community to validate and give feedback that is needed for early stage businesses. In time the community grows. Will revenue sharing get them buyers from the crowd who receives the crowdshares? There is no real examples of businesses doing revenue sharing with the crowd, so I can't answer the question exactly. However, I beleive yes. As a user, I want to put my time in businesses/projects I like. For which I would be interested in using their services and products. How cool is it, that I can help shape the project as well! So personally I would buy it and show my friends the product because I helped with others shape it.

1 year ago

I think that is very good idea, the money should go to users/customers not to advertising company, I think that it is future, because there is a big competition and how to be successful? Be different, give something to users, give them reward! But with this idea are coming many new companies. Such as Futurenet, Refereum and many more.
So I think idea is very good, but you have to work hard to beat the traditional companies, because they are here for very long time and most of people trust them.

1 year ago

I echo the comments of others here. I think there should be one token - the Yupie - which can be used for several purposes, rather than creating a new token solely for this purpose. This will accomplish two things -- (1) incentivizes people to purchase and use Yupies because they will be more versatile, and (2) will discourage the perception of Crowdholding being greedy or seeking a money grab.

1 year ago

This is great idea. I have been looking for a ways to receive passive income and this might be IT. I see it as a great tool for both, the business and the potential customers/clients. I think that thanks to this system, the businesses will receive much more relevant feedback as the "Crowdholders" will want to receive those % shares, in case of that the businesses will give these shares only for high quality, useful, relevant feedback and cheap/general feedbacks won't be rewarded, then the platform will attract more businesses and more new "Crowdholders".

1 year ago

This is a very big concern of mine. Basically, businesses asking generic questions (what do you think of our product) and receiving just as generic and useless answers (You should do marketing and advertising to grow). It's not only for the Crowdholders to generate thoughtful insights, but also it's on the businesses to generate thoughtful questions and tasks.

1 year ago

I think that's why there are the "Votes", the good answers wil receive Votes and Shares will be distributed accordingly ;)

1 year ago

@Ethan Hi.. Can you please edit the description of the who crowdshare concept for everyone to understand it better? (I see that you replied to @Crumple Cat with more clarification). The post is confusing

As per my understanding you guys need a new token to know the % participation of each YUPIE holder into each of the startups. So, I expect that, my wallet/account will contain x , y , and z number of crowdshare tokens from each of the X, Y and Z Startups. Which will decide how much % share of the project revenue should be paid to me in the form of YUPIE.

I think thats a fair idea/ncessity but how is it decided that I own x , y or z shares in X, Y and Z startups? Is it decided using the number of YUPIE I owned when the project started? OR Do I select some good startups and invest my YUPIE/exchange my YUPIE to get the shares of those companies?
I am really confused

1 year ago

Ethan Clime

CEO of Crowdholding.com

Hey Mandar, sorry for the delay. Added and changed for a better understanding. You have it right from your explanation. However, you last paragraph to clarify, there will be Crowdshare X, Y, Z that you can buy with YUPs or earn by answering tasks like here. In order to build the best co-creation app, we are rewarding all of you Yups now (6% to be exact), which you can also buy Crowdshares come July and earn Crowdshares through feedback come July. Yupies is our currency. Keep in mind, this is a strategy in preparation. All your feedback is important to us.

1 year ago

Hi Ethan, Thanx for clarifying. Yeah, it makes sense to have a new token then. Otherwise, people will have to trust you guys with the number of shares that they have in each of the projects. But just to simplify matters, why to have multiple share tokens that might increase the number of tokens exponentially? I mean each of the projects will have its own crowdshare token! This might cause a huge mess at hand once we hit more than 100 projects. Already maintaining a crypto portfolio is painful as it is. I would just love to see a simple account with 2FA enabled on your website.

The account shows total YUPIE = YUPIE available for trading/sharing/spending + YUPIE tied in the projects
A simple stat like = HOw many YUPIE are invested in which project and how much % of the project that accounts for should be more than enough to satisfy the same purpose.

If you guys want to allow people to exchange/trade/OTC their crowdshare tokens for any of the projects, that can be easily built within the website itself. You guys might be able to act as DEX for your own crowdshare tokens.

It will solve multiple issues
1) Not too many tokens to handle (Just YUPIE)
2) YUPIE gets locked up each time someone invests so it will increase the value
3) If the crowdshare token is too cheap, its transaction and buy sales will be a lot more costly on ETH backbone rathern than YUPIE (which is supposed to have larger value)
4) This keeps the focus on only YUPIE so outside investors can pick it up
5) Internal exchange of the Shares of projects with/without need of the blockchain is not that easy to manage. But if its in the form of just proportion (Investment of 500 YUPIE = 1% of the crowdshare like proportion) the calculation is very easy. I guess this whole transaction or the value of the token can be even uploaded to the blockchain using tag rather than a separate execution contract which increases gas consumption. With all the projects of Ethereum, I see ETH chain being bloated like hell soon. This might just help the parent chain to decrease bloating too.

1 year ago

Ethan Clime

CEO of Crowdholding.com

@Madnar, awesome input. Good call on the simplification process you mentioned. Will definitely be utilizing these aspects.

1 year ago

Thanx Ethan :)

1 year ago

I think making another token when you already have YUP will turn off a lot of people. There isn't any pressing need for additional token unless you're planning to make crowdshares tradeable, but it's still just a duplication of tokens.

If it's only to track the stakes of crowdholders a simple spreadsheet does the job just fine.

YUP idea is basically paying people directly to engage with a product, hopefully turning them into evangelists. It will work better than FB adds, that's for sure. There should be more chances for users to make a contribution or change, though. You can go beyond feedback and bug hunting. Engage users in naming the products, make votes for product upgrades, engage users in a meaningful promotion activity or an activity that benefits the company.

The most important thing is the selection of tasks, if they have impact on products people like and use the compensation is just a bonus.

1 year ago

Good call Fatalninuda, our concept involves commission of sales (ie revenue) and needs to be simplified. And Yupie should be used as the reward. We were just wanting to discuss about creating revenue as an asset which pays you in dividends. Interesting we see mix reviews, which is helpful with deciding our implementation.

1 year ago

One issue I see with this model is: After an user gets his crowdshare and the company must share its revenue, what's to stop an user from doing anything so the company pays dividends for nothing? It seems inefficient. Perhaps some sort of dynamic, decaying crowdshare to incentivize people to remain active could work.

Good clarification of crowdshares. But these need not be in a token form, you just plainly write for this or that action you get this or that % of revenue in YUP, it will be super confusing using crowdshares with a lot of projects.

1 year ago

This could be a total game changer. Instead of just randomly confronting people with ads (which, while targeted and focus-tested and so on, still have a high chance of missing, or straight out annoying the targeted audience) in a world that's so full of advertisement that we develop technologies to reduce their onslaught, why not interact directly with your customers, get them involved in the process, and offer them a small share in the whole thing? Besides the obvious benefits to the company (direct customer contact and valuable feedback), as a consumer, I'd be much more interested in a product that I helped shape in some small way, even more so if I stand to make some kind of profit if it succeeds.


I think we're seeing the end of the giant faceless corporation that only interacts with its customers at the checkout line of whatever store sells their wares. If a company manages to get its customers involved in the process, by engaging with them and sharing the rewards from this cooperation, it might see a level of interest and loyalty that others can only dream of.

1 year ago

I think the idea is cool. If there could be a solution to give customers to the ability to co create with the business and make returns much more better compared to spending directly on adds, then it'll be a disrupting one!

1 year ago

If I submited my startup on Crowdholding platform (I really plan it with time), I would like to charge my tokens to those who participate in its co-creation and co-promotion. How will we solve this issue in the context of Crowdholding concept and Crowdshare\YUPIE tokens? It reminds me of a question that is now being discussed on Bitcoin Talk https://bitcointalk.org/index.php?topic=2344753.0, about full or partial payment for bounty in ETH. And I agree with many participants of the discussion that it's not profitable for projects to pay 100% in ETH, because they want to promote their own token. But also I agree with those who don't want to receive 100% payment in some projects tokens. That is, 50\50 is a fairly rational option, although the choice option is still the most fair and useful for the ecosystem.

1 year ago

This is a great idea - in any case !!! The minuses will manifest themselves in reality .. if it comes to this !!! If you discard hypocrisy ... then everyone agrees that we are here to earn! And this is the possibility of additional ... and possibly long-term earnings. If it looks like a long-term asset (a sort of dividend) ... then it will certainly attract such a method of supporters ..)) I'm all hands "For" !!!

1 year ago

Sorry, but I'm really confused. Based on this information, I don't understand why we need another token. Please explain why one token (YUPIE) is not enough?

1 year ago

Ethan Clime

CEO of Crowdholding.com

Sorry for the confusion. Yupie is the currency on our app. We are looking to introduce the crowdshare after the bounty period this summer. Startups will be sharing revenue (paid in Yupies). However, in order to know who owns what revenue from each startup, you begin earning a security token called crowdshares. Owning this crowdshare is worth dividends paid in Yupies. Think of it as a share of revenue you own where you will be consistently being paid in yupies by owning this asset. Eventually bounty ends around the summer (6% of our Yupies), and to replace and keep the Yupie movement on going you will earn crowdshares which is royalties of our businesses. So you will be earning a % of this revenue (crowdshare).

1 year ago

Thanks for the explanation. Now I understand more.
p.s. not very good that I can't respond directly to your comment;

1 year ago

Ethan Clime

CEO of Crowdholding.com

I hear ya, we will improve this.

1 year ago