Crowdholding

Would you like to see other tokens on our app?

Would you like to see other tokens on our app?

task

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YUP icon 16000


Would you like to see other tokens on our app?

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No YUP/tokens awarded

Soon we will have API’s connected in our system to your wallets (you must fill out profile and place your public key there) which allows you to receive our tokens to go directly into your wallet from a task. Our question and idea is from past feedback:

Along with Yupie projects, would you like to see other ERC20 businesses place their token on our app? Thus your profile will show not just Yupie tokens but other tokens from businesses needing feedback and ideas to support their project. This feature would allow us to make revenue to then reinvest the revenue back into the Yupie to increase it's value. Keep in mind, our vision is revenue sharing and co-creation. This is a just a feature to gain more traction and a critical mass of users while we build the product towards this vision. 





27 COMMENTS 38 VOTES

Most recent Most voted Most verbose

I would like to see other tokens in App because it's a great deal and big value for company. I think a lot of people are interested in other tokens and will be more secure attachment fo this

1 year ago

oh of course, because I want to know more about this project and it is a pride for me to do it so that I am more adept at studying and joining deeper into this project so that we are equally successful together with both the ico team and the project investors this.
what do your peers say?

1 year ago

Would be very interesting and great for both parties.

For co-creating I would receive two tokens instead of just one for my work and the ICO's can spread their token as well through the crowd.

1 year ago

I think more tokens would be confusing and take attention away from "Yupies".

1 year ago

Judging by the latest news, the team has already decided on other tokens and I like it. As I understand now the issue directly in the concept of implementing this decision. I would like to offer my vision which also takes into account the data from the roadmap, according to which a crowdfunding\ICO module will be added later to the platform, which will allow the projects to hold their own ICOs.

Well, ideally I see it so. The platform offers the projects all possible payment options for co-creators. The projects set up the available options for its co-creators according to their strategy. Co-creators in turn chooses the desired option from the proposed projects. Thus, we are forming an equitable ecosystem of rewards, in which each member is free to choose.

For example:

All possible platform payment options:
- 100% yups
- 100% project tokens
- 50% yups \ 50% project tokens
- Custom % ratio (ETH\BTC\Yups\Project tokens)

The project chooses the available options for co-creators:
- 100% yups
- 100% project tokens
- 50% yups \ 50% project tokens

Co-creator chooses the most appropriate option for him:
- 50% yups \ 50% project tokens

Such an approach automatically creates additional questions, but at my discretion it can be harmoniously and rationally solved. In particular, under what conditions can the project choose option "100% project tokens"?

1 year ago

Just stick to one token! More tokens just confuses the crowd. Instead of adding more tokens, try to get companies on the platform for "intrapreneur" ideas ;)

1 year ago

I think it will be great opportunity to get our hands on new (unknown) tokens. It's great way to connect the whole blockchain community, show non-token businesses how it's done on the blockchain and the IT guys, how the tangible business looks like... Everybody will benefit - win-win situation. I'm in! ;)

1 year ago

What is the point of Yupie if you will allow other Ethereum tokens?

Why not just use ETH then? It has critical mass already. I think it's a harmful idea, if you will provide service people need, they will buy YUP to pay for it. YUP value increases. If you allow everyone to use any ERC20 token, YUP gets 0 adoption and 0 value.

And how will it allow you to generate revenue, not like they will be yours to reinvest?

The less tokens involved, the better. Not even considering the security nightmare you'd be facing. ETH would be the perfect thing to get paid in or pay for service in as it's the second biggest crypto and really widespread. You'd also save money from token rent. But as you want your own token, you priority is making it useful, allowing other tokens to perform the same function makes YUP meaningless.

1 year ago

Ethan Clime

CEO of Crowdholding.com

Hey Fatalninuda, check out my reply to Ashley's comment. I help answer your questions there.

1 year ago

Rosario Colletti

Power is nothing without control

The solution might be a mixed reward. A project/startup could reward with token/ETH AND a minimum amount of YUP; that would allow small businesses to distribute their token, but also increase YUP adoption and value

1 year ago

Mixed reward is the worst of both worlds. If a startup awards ETH for tasks, YUP has no point. If startup distributes their token, which is unknown, like YUP there is no increase in YUP adoption or value. Anyone on the platform should use the same currency, anything else is confusing and a technical nightmare.

The only way this could work would be Crowdholding becoming the best multi wallet, then all tokens could be supported. It still shows the YUC superfluity, but it would work.

1 year ago

I personally, I have no problem seeing other tokens on CrowHolding app infact this could act as a cross promotion in one way or the other...

That will be a good prospect to me

1 year ago

Yeah, I think to have other projects' token on the platform would be great, but it would it could take away attention from the Yuppie token. You should proceed with caution.

I imagine all sorts of tasks from independent projects - from project evaluation to bug bounty to ICO promotion. I think it's awesome.

1 year ago

My preference is, instead, to expand the application/uses of the Yupie that already exists rather than creating additional tokens on the platform. If the idea is reinvesting revenue back into the Yupie anyway, then having one token should contribute to building value in that token.

1 year ago

As long as you create some clear guidelines on the uses for Yupies, Crowdshares and third-party tokens, I don't see the harm. Unless we eventually end up at a point where we all lots and lots of small amounts of different tokens here that aren't worth the effort to send to another wallet or exchange, at which point something like a Crowdholding Shapeshift, like Ashley suggested, would be beneficial.

1 year ago

Sorry, Mandar, not Ashley.

1 year ago

Good guidelines would be crucial here, I think you are right.

1 year ago

Ethan Clime

CEO of Crowdholding.com

Check out my comment under Ashley's question where we present guidelines under direction 1.

1 year ago

It almost sounds like Crowdholding app will become a wallet for ERC20 tokens. Is the purpose of these tokens just to "Sit idly" on the wallet or something like shapeshift to convert to YUP whenever a user wants to use it?

What is the value of storing tokens of other projects on the wallet? Can you please explain the value proposition with some example or graphics?
Thanx

1 year ago

Aren't you guys already having crowdshare token?
There is nothing wrong in keeping the other tokens as a wallet (barring the security reasons), but if all the transactions on this platform happen to be in the form of either YUPIE or Crowdshare tokens, I dont see the benefit of doing this.

Can you please explain how is it going to improve sharing &/ revenue for the projects on Crowdholding?

1 year ago

Exactly, that's what I thought. I am unable to see the revenue generation mechanism that benefits the user/crowdholding platform

1 year ago

The user will benefit from more tasks (own token posting makes it easier to post tasks rather than having to acquire Yuppies). On the other hand, the risk is for Yuppie holders, as it will take away attention from it.

1 year ago

Once again.. Exactly. It might make them easier to do their business but it reduces the focus and "demand" from the YUP token. and in a simple demand and supply economy that is not a wise thing to do!

1 year ago

Ethan Clime

CEO of Crowdholding.com

This concept was brought up because we had some businesses wanting to put their tokens on our application. We have a 10 month runway from an equity investment (not counting ICO money and not making revenue) We plan to keep ICO running while we keep building and formulating Yupie usage. In a way, we have two directions we have reviewed. Both directions utilize the Yupie and allows us to begin making revenue next year.

Direction 1: Allow both erc20 tokens and non-token businesses on our application. Erc-20 tokens can begin on our application come January. Non-token businesses utilize our Yupie as the currency and share revenue come July 2018. We take a small cut of erc-20 tokens and reinvest in the Yupie with it (Our ICO). Those Yupies get distributed evenly to all Yupie users on our app, so you all. We use the funds to cover expenses to scale our development towards revenue sharing. (ie. token startups begin sharing their revenue in their token after they give out their bounties associated with their smart contract). The Yupie would be used to invest in businesses and purchasing products or services as shown in our roadmap and is used through revenue sharing with our non-token businesses.

Direction 2: Do not accept erc20 tokens and only use the Yupie. However, we would get businesses to pay a fee only after their tasks validates the question they ask you all. This fee would happen either after every task or each month. This would also be reinvested into our ICO and the Yupie would be distributed out evenly to all of you who are users on our application. (another option would be to give the Yupies to businesses from the fee who could also use it to give tasks to you all) This fee would turn into revenue sharing come July 2018. Again we would take a cut from the revenue sharing and reinvest it/distribute the yupies to all of you.

A perfect world for us was having a big ICO where we would focus on the revenue sharing model. That would have meant having the resources to build the vehicle. But now, we must build a skateboard, than a scooter, followed by the vehicle (revenue sharing).

We have an exchange that has accepted us and connects API's to Kracken allowing large liquidity. However, we want to hit our 1 million goal and then burn unsold Yupies. Our plan organically raises the ICO through the revenue our company makes, thus increasing the Yupie value overtime. In addition, together with your votes we have the opportunity to create a monetary policy with the Yupie and Crowdshares to establish a working economy for a deflation market place. Changes to monetary policy would be voted by the crowd (you).

1 year ago

Ok

1 year ago

Well this is awesome and I fully support you! I think a lot of people be interested in earning more tokens ;). But hope that it won´t take down the price of the tokens - I mean a lot of free tokens - less raised money..

1 year ago

Great! That is nice progress for build this apps more better and better

1 year ago