Sorry for the late release! It’s been two months since our last update, so we will be combining June and July in this update. So without further ado, let's begin.
What you will find in this update is:
• Crowdholding growth stats June and July
• Partnership Announcement
• Dividend Results so far
• Development updates
So here’s the breakdown and stats for June and July:
2,900 new users signed up to Crowdholding platform, which is an average of 48 users per day.
53 tasks were published on the platform
13 new projects joined the platform.
The growth stats are higher than in the previous months. In addition, our Alexa traffic ranking is on the rise as shown in the screenshot below. We are currently at our highest rank, excluding the time during our ICO.
During this time, we had 2 important article mentions/ press release articles that have boosted the awareness of our platform, you can click on the articles below and have a read.
Cardrates — “Crowdholding Empowers Blockchain Enterprises to Leverage Microtasks to Connect with and Reward Consumers”
Article from AE Ventures — “aeternity Ventures announces a partnership with Crowdholding”
On top of that, we partnered with æternity Ventures, the investment arm of æternity Blockchain, to support their Starfleet Accelerator Program. We have already launched two AE tasks on our platform and we have been collaborating with their invested Aepp CryptoTask - Freelance application, which has put out 3 tasks. It’s also nice to see both CH and AE communities interacting and we are excited for the future of the current collaboration.
We want to give a shoutout to the top 5 winners of the AE intro task who didn’t just earn AE and YUP tokens, but they will be receiving an AE branded Ledger Nano S for featuring their ideas. You can click on their names below and read some fascinating input from their comments.
We initiated the dividend system back in May where we announced that we will be giving out dividends to YUP token holders every month. We are happy to showcase the current results from the past 3 months.
As a reminder, Crowdholding takes a 10% cut of any transaction on the platform, half of that cut is be redistributed back to our users. Below you can see how it works.
Total dividends = 50% of cut
Total participants = YUP holders and leaderboard users
1 unit = Total dividends / Total weighted participants
Projections based on current token holders:
[15%] Tier 1 Group: >top 20 Leaderboard: 0.25 unit
[6% ] Tier 2 Group: >50,000 YUP: 0.25 unit
[18%] Tier 3 Group: >250,000 YUP: 1 unit
[60%] Tier 4 Group: >1,000,000 YUPS: 5 unit
In the past 3 months, a total of 5% of the 1,334,000 YUPs was given out as dividends to our users. Below you can see the results month per month.
January: 280K YUPs; 25 tasks
February: 200K YUPs; 31 tasks
March: 150K YUPs; 22 tasks
April: 500K YUPS; 32 task
May: 500K YUPs; 30 tasks
June: 380K YUPs; 27 tasks
July: 454K YUPs; 26 tasks
Keep in mind, you will also see some altcoins show up in your profile from these dividends. It will be important to keep recruiting and improving the altcoin rewards on CH going forward.
Some crucial developments occurred in regards to our admin users. In the admin console, we added a section called “get inspired by successful tasks!” This displays past successful task to allow admin users to know how to make similar successful tasks. As shown in the screenshot below:
In addition, we added premade tasks where admins can click to view or simply use and edit to fit their task needs.
This was an important development as it teaches the admin user the ideal tasks to use or create, giving more autonomy to them and a more automated result on CH’s side.
Lastly, we built a script that when depositing a minimum or higher of 0.1 ETH through the buy YUP button from the admin console. This purchases the YUP from the 'buy widget' and then stores it in the admin project wallet enabling to distribute rewards more simply for the admins using their personal wallet.
We also did some minor content adjustments in order to promote all businesses to use the platform rather than just blockchain projects. This allows us to attract projects who might not need to use blockchain but still want the benefit of using our feedback system.
We are constantly striving to improve the platform and increase our awareness, we will update you with what we will have been working more often! Until next time stay classy Crowdholders!