Crowdholding

Product Future: Could opening the doors to fiat be a target sooner than later?

Product Future: Could opening the doors to fiat be a target sooner than later?

task

EXPIRED


YUP icon 2400


Product Future: Could opening the doors to fiat be a target sooner than later?

Rewards

No YUP/tokens awarded

Hello Crowdholders!

As you know, we are concentrating on connecting blockchain/crypto businesses to crypto/blockchain enthusiasts. But one thing we do know, that in time we need to open our doors to more businesses outside of blockchain, as a way to take on more markets and expand our outreach. In addition, this allows sales to target more leads as the crypto market only has a specific amount of leads which only represents 1% of the financial market. Although decentralization is the future and more and more will adapt to these type business models, it's smart for us to allow a fiat option. With the usage of Crowd Marketing (bounty sharing feature) and Crowd Wisdom (feedback task feature) The following order with accepting fiat for paying businesses would be:

1) Non-crypto business pays in fiat
2) Our product application function buys YUP
3) Task reward gets distributed in the purchased YUP

This opens our doors to many more businesses, but we have to consider our user base is primarily crypto focused, so how would you feel giving feedback or sharing about projects not associated with crypto? Keep in mind we still will be recruiting crypto projects but this opens more doors for us.

Also, if you are user interested to giving feedback to other companies, what segments would be of interest to you? For instance which business segments/industry would be qualified for using decentralized solutions first in your mind? Should we ever target non-blockchain Fintech companies who pay in fiat?

We look forward to your feedback!





82 COMMENTS 108 VOTES

Most recent Most voted Most verbose

good

2 months ago

I´m in this project, looks great!

3 months ago

I believe that, without question, there will of necessity need to be a marriage of both Fiat and Crypto curriencies and businesses, at least for the beginning stages, to encourage and allow non-blockchain businesses into the Crypto world. So it is very wise and forward thinking of you to consider this.

However, as some here have mentioned and cautioned, please make sure that your own products and services are running as smoothly and near flawlessly as possible Before inviting traditional businesses and services in. For to do otherwise could and likely will do more harm than good. It's simply reality that it will take time for non-bloclchain biz to accept, open up to, understand and begin utalizing the Blockchain and Crypto worlds, benefits and possibilities. Most will step in slowly, "dipping their toes" in the water, so to speak, and if something seems off or frightens them, doesn't work or backfires they will run and head for the hills, not likely to return to Blockchain for some time.
So yes, please make sure to have all your own ducks in a row before inviting in fiat based businesses. I'm not saying that you don't or won't have things in order, just offering a caution and advice.

All that said, I feel that some of the industries that would be best suited to being among the first to invite in would be the gaming industry, investment advisors, food, beverage, travel, transport, accommodation, music, entertainment, social media, communication and of course health.

Keep up the great work everyone and I am very much looking forward to observing and participating in the future you, and we all, help create together!

3 months ago

Brilliant project, keep it up and more power to the developer

3 months ago

nice project :)

3 months ago

the main problem of the site - there is no clear concept of tasks.

3 months ago

Hi, new member here.

I think it's a good idea to allow fiat in here since it's the widely used currency in the world, which means more reach, and that means more people will come to get to know Crypto. So to me it sounds like a really good idea, at least until cryptocurrency takes down fiat.
I would suggest the Cannabis market, as well as healthcare.

3 months ago

Pt Armasa

i like to share and discuss anything about cryptocurrency especially new chances

i suggest health care product, this ecosystem have prospect if quality of product can be connected with your blockchain tech

3 months ago

Im just a begginer so I dont want to give a poor opinion but I think that is a smart and interest idea.

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

Welcome Kverse Krp! Just go for it if you want to try, everyone is allowed to state his opinion. Can't go wrong, maybe you have a fresh vision on things.

3 months ago

Alex Bojinov

Building Better Businesses Together!

Hello @Kverse, thank you for joining our platform. We value the opinion of everyone and believe that great ideas come from unexpected places. So go ahead and share with us your ideas.

3 months ago

I do believe that all industries will adopt the blockchain (decentralized solution) and the cryptocurrency will be widely used then, although some industries still looking for a suitable business model or ecosystem to merge into the blockchain.
my opinion is to focus on the crypto projects, sooner or later it will be the dominant currency

3 months ago

I think its better in the option 2 that you will sell a YUP in which we buy the and we will also sell it and exchange in the crypto currency. We both are benefited on that thing.

3 months ago

I think it is not necessary to do so that the payments were in the fiat. It's not interesting for me since I earn a crypto currency to keep it hold. That there was a chance to get more than I would like. I think you can work with other projects, you do not need to qualify for cryptography. I would like to see online stores, business projects, gaming platforms.

3 months ago

Although the blockchain framework suits multiple business models, it is valid for crowdholding to open the door to other financial markets. If the project is well-qualified, has a good reputation and an idealization in the development of the future, I do not see why I do not support it! even though it is not decentralized

3 months ago

Se o projeto vale a pena ena não vejo porque não apo o apoialo

3 months ago

Great project

3 months ago

I think it's a good option in this , maybe, hyped market. The future is not black or white and i think we will see combinations of both fiat and crypto markets as well central and decentral solutions in the future.

3 months ago

Chose all of that but step by step

3 months ago

The idea of expanding business is very great. Business should always be upgraded to gain more profit. I think its better if you choose all of that but you should plan in which whould you prefer to do first.

3 months ago

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

3 months ago

Let's see what happens from this

3 months ago

It is good to think in the future, the integration with the fiat market would give the platform some support and would substantially improve the revenues and potential clients so the future ahead awaits us

3 months ago

The idea of ​​expanding the horizon with companies or non-crypto projects is interesting.

3 months ago

I think opening up to fiat payments sooner is better. As long as it's not rushed. I've heard that a lot of businesses have had trouble with one particular crypto company who will remain nameless. Let's just say over a month being unable to accept crypto payments for beer has done more damage to getting crypto mainstream than any good it did. The sooner we get projects as awesome as yours allowing direct payments/exchange via Fiat and Crypto, with minimal bugs and quick customer service response time, the sooner crypto will become accepted by mainstream investors/shoppers/consumers. The mainstream expect easy to use, quick processes and little to no bugs and if there us an issue it is addressed promptly with little to no understanding of how it works. They don't care if it's technology in it's infancy. If they are being offered or asked to use it. They expect near perfection in most cases.

3 months ago

Crypto Dog to the Rescue

I am passionate about Crypto and What the Intention of Crypto Means To The World

It's a good idea to open the doors sooner or later to scale up. Since cryptocurrency and blockchain are still in its infancy, Non-crypto projects need feedback anyway and this platform can help segway businesses into the crypto world through bounty sharing, feedback tasks & rewards, and product application function - the ease of use (YUP). Let's be real, traditional businesses (fiat models), old and new, plan and create milestones and completion dates , yet they will need to transition to using blockchain anyway, but at present, most do not understand how it works or how it can help their business. Generating useful data analytics for these businesses could be helpful and enticing. Keep in mind though that the Fintech niche here should not be compromised for businesses outside of blockchain who pay in fiat.
"Which business segments/industry would be qualified for using decentralized solutions first in your mind?" - At present, any business segment/industry with very little barrier to entry into blockchain and cryptocurrency, The Security Industry (IT and Physical) might be something to look into to.

3 months ago

you have a great object.
Although decentralization is the future and more and more will adapt to these type business models, it's smart for us to allow a fiat option.

3 months ago

The concept is actually good that you were able to emphasize your vision but I think you should concentrate first on something that you are good at before expanding it.

3 months ago

Gerald Almario

Time is gold, Gold is time

Mostly of the thought was already given. For me your plan is really great. As I said more business more money. And also I agree that non-crypto business should pays fiat. But it needs a promotion to attract more non-crypto business. And also its be better to launch an airdrop and after that is the buying of tokens or the ICO. You have a great plan for the future. I know you will succeed good luck 👍

3 months ago

This is a brilliant concept for which the world should be a part of

3 months ago

I think the blockchain business for the future is food, whether it is a supply of finished food or food. and that's where token yups can contribute to the business. and what I know is that in the food industry there is always a high demand and offer

3 months ago

Great idea! Stilla lot of traditional fiat businesses out there and this will give them the opportunity to be part of an amazing platform.

3 months ago

Increasing the methods and channels of entry will widen the scope and increase business. It will also help in better crypto adoption as traditional cash based businesses also are exposed to benefits of crypto.

3 months ago

remarkable project. future cursor. good luck to you

3 months ago

Awesome platform with a wonderful masterpiece which if executed as led down will be the first of it's kind and it's very promising.

3 months ago

I think this is a great idea..

3 months ago

Quickly ..... it becomes more global....!

3 months ago

Jijin P

Developer at Coin-Updates.com

Fiat option is great. In my option the another option is to claim rewards using YUP tokens. May be you can open store / rewards sections that contains some gadgets, that can be claimed by YUP Tokens.

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

I like this idea! That could also help to keep the token value up.

3 months ago

interesting suggestions by everyone.. i think most of them are on point and have potential. hmm

3 months ago

I suggest that focus on Internet/Network base companies/products tu fully utilze the blockchain tech.

3 months ago

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

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

Welcome to Crowdholding, please read the question asked in the task to contribute to these kind of tasks and make some rewards! Good luck.

3 months ago

TheCrypto .Tips

I do both things that measure our entire World => UX & TA

I think it's a great move, this even bring this worlds closer, and I as a user would love to give feedback to any financial or non financial tool, as well as Fintech companies or startups.

3 months ago

There's a lot of great feedback already regarding market segments and prioritizing certain goals before expanding to non-crypto companies, so I'll take a different tack.

Typewriter Pilot wrote "The more thoughtful and insightful comments get posted, the more a business can feel comfortable using FIAT to get insight."

Some of these new customers may ask for some assurance that they will receive insightful feedback before committing. This might require some sort of trust score based on previous input and rewards, or the setting of some arbitrary limit, like how recently we joined, in order to be permitted to participate. In that case, I am new and might be excluded.

On the one hand, you could charge more and we could be rewarded more. On the other, it would exclude users.

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

I like that you found a new angle to contribute to a task to add something new. Would be great to have something to convince companies of the quality of the advice. But i also seen a lot of good advice of newcomers. The great thing about CH from my point of view is the open access to the platform. Everyone has a different viewpoint on cases. The price for that is the "good job" comments that show up. That's why voting for comments that are actually good is also important to bring out the best comments. Moderation is also important and i have been trying myself to contribute to it. But like you said you would be excluded and i think that would be a loss in this case.

3 months ago

I think targeting non crypto business is an idea for the future. I think the feedback value is not there yet based on some comments I see. I actually enjoy this platform for commenting and possibly earning crypto as opposed to many survey, feedback etc... sites I have encountered that I needed to spend 10 minutes being screened for and then bumped. The more thoughtful and insightful comments get posted, the more a business can feel comfortable using FIAT to get insight.

3 months ago

Fiat integration is a must, but first you need to focus on streamlining the process. How feedback tasks are set and rewarded is your priority. Second priority is generating more tasks like this one, where there can actually be some constructive feedback and less bounty spam. Third priority is monetizing the feedback.

Any company that has a product people can use is a company you can onboard for CH. A big real life company using your platform would raise the visibility tremendously.

3 months ago

I think this could be good to grow and expand the platform to other businesses. For me it's ok that model of partner pay in fiat and you buy YUP and distribute that corresponding YUP for tasks.
I think us we go in the future the integration of blockchain will be generalized and the "normal" user will use blockchain based platforms without knowing it.
Any business could be a good deal and I think that will be welcome. Each user will choose the ones in which they identify to promote. Online shopping, games, work from home business could be a good starting point.

3 months ago

Fred Blauer

Open for business

I don't see any problem with this as long as the demand is there for the traditional companies. Most of them have different business models and older philosophies about proprietary technologies. But some of the earlier and more progressive ones might be more interested (ex. tech startups). You can try it on a pilot/prototype basis to see if it works, but you will have to look at ROI. You have to estimate how much additional time and cost is involved for it to be worth the extra investment for adding new processes, at this stage.

3 months ago

Randy Tice

Just take a look at my past contributions to projects; you will see value there.

Of course, from the user side, more businesses = more tasks = more yups so I doubt anyone will be like, "No! How dare you give me more chances to earn YUPS!!! GRRR!!"

So implementing this is a no brainer. However, I wonder how much time and resources need to be allocated to recruit non crypto businesses and if CH has the resources to do so now. If so, then great!

The natural choice would be to focus on Fintech companies first. There are also already existing businesses who may be considering migrating to the blockchain.

On a personal note, I would very much like to see Education companies take advantage of the crowdsourcing model. As it stands, Education companies that offer curriculum and professional development are entirely insular, almost like a detached reality. This results in school districts and private schools paying ridiculously high prices for programs and curriculum that more often than not don't translate to the classroom at all. Such business models will improve greatly if they had went "straight to the people" for feedback and ideas for educational solutions. But, even as I type this I realize this is a far fetched dream...

Oh, and a quick side note (but probably the most important actually), any business, crypto related or not, will only use CH if they feel the feedback brings value. I wonder if we are at that point yet?

3 months ago

you have a great object.
Although decentralization is the future and more and more will adapt to these type business models, it's smart for us to allow a fiat option.

3 months ago

Ino Krambol

jawaban nya ada di ujung langit

My advice is to gather communities, target market users or not digital currency users, create applications for digital currency storage to make payments easier and I think users and communities like online shopping versus offline, so using Blochain to pay for a product, to make it easier for convenience. transaction

3 months ago

The idea of accepting fiat and the sequence brought out is the best way forward.
An additional suggestion from my side would be that you could create a community pool for the YUP tokens. People could stake their YUP tokens there and earn rewards in the form of commission in YUP token.
The non crypto business could buy with fiat from this pool and the commission earned is distributed to the staking community in the form of tokens bought.
Regarding additional sectors we could look at, I think the travel and tourism business has a good commercial benefit and the gaming sector has a community benefit.

3 months ago

Gerald Almario

Time is gold, Gold is time

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

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

Reported for taking care of your own votes.

3 months ago

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

3 months ago

Any projects and activities will be interesting, including Fintech, especially if they are willing to pay :)
Of course, fiat too. But it's important how you pay and process fiat. Will see...

From specific areas that I'm interested in are social networks.

3 months ago

It would be nice to see Facebook replaced by a better, decentralized version.

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

I think it's great to have a look beyond the borders of the crypto market. But i do propose to be carefull about taking on to much to early on. The work on fine tuning the platform is also important and the cryptosphere is a great playing field for this.

I'm talking new voting system, fine tuning moderation, launching yup cycle, expanding in the cryptomarket, growing the community. But as these things go fast, i think i won't be long till it happens, so it's good to think about it now. Because you will need connections to enter entire new markets.

When you have a great product. You could try and see how much interest there is in some markets and add some non crypto businesses in trials. Or see if there is a certain field where there is a great need for our service.

I would personally like gamedevelopers. I could also see design for sites or feedback about sites from normal day-to-day users work easy, because we get to do this right now as well.

3 months ago

Very good..

I'm interested to giving feedback for all segments and for all companies..
And Also, I think you should make target blockchain..

3 months ago

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

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

To get rewards on the advice tasks you must submit a quality comment. Read the questions above and try to answer them. Good luck!

3 months ago

I think it's the smart business decision to open your doors to the 99% of businesses. They will be exposed to this sector, and people in this sector will be exposed to them. Not to mention, more revenue for your company(CH), and more incentives for your users. I would not mind giving feedback or sharing about a project that is not associated with cryptocurrency.
I would be interested in giving feedback on virtually any type of business. Video game developers come to mind, publishers, etc. Refereum has a lock on this niche, and they are prospering.
Companies that are tech oriented should be first and foremost, but target any company that puts quality into their work, and has a good customer/fan base that is ripe to expand.

3 months ago

Antônio Neto

digiibitcoin@gmail.com

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

3 months ago

Gon Freecs

because it is true

hello

3 months ago

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

3 months ago

Crypto should remain the main focus, but expanding to non-crypto can only add to the utility of your services... Online shopping sites would be where I would look first.

3 months ago

Guillermo Pueblo

mining and trading crypto for more than two years, a year with ICO's

I suggest that focus on Internet/Network base companies/products tu fully utilze the blockchain tech.

3 months ago

Kycnexy 3

kycnexy3@gmail.com

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

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

Please try to respond to the questions asked by the project. Low quality comments have a high risk of being removed.

3 months ago

Courtney Laroc

Blockchain enthusiast. Crypto investor and teacher.

I think it's a great idea to expand the platform. If there's an auto conversion that allows you to convert fiat earned into crypto vs cashing out that would be cool too. I thought about also an opt-in option for those that want to focus on certain segments but I think that should be added later. For now customers should have access to the entire user base.

3 months ago

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

3 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

Please try to respond to the questions asked by the project.

3 months ago

Ahmad Fz

Crypto Addicted

Why doesn't CH team make cooperation with some merchants like shopping onlines, or hosting services to give YUP token as the reward system as the customers buy products or services? The problem is that the gas fee is too high for YUP in eth platform. I think CH team can make alt YUP in other platform that is minimum gas fee like achain or build your own network. To lead the market, building infrastructur is very important to connect cryptoworld with fiat and offline business. Most cryptos are online payment platfrom but no real back up from offline services or products. We are waiting for the action! Good Luck!

3 months ago

gas is too high on idex, i don't think it's too bad in general.

3 months ago

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

3 months ago

Alex Bojinov

Building Better Businesses Together!

Hey, official language is English. Use google translate if your English isn't perfect (http://translate.google.com/)

3 months ago

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

3 months ago

Alex Bojinov

Building Better Businesses Together!

Hey, on Crowdholding we aim for quality content. Please explain what do you think about the idea and contribute enough to the community for it to be useful.

3 months ago

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

3 months ago

Alex Bojinov

Building Better Businesses Together!

Привет, давай-ка по-подробнее. Такие коментарии никому не помогают.

3 months ago