Tasks and News

What do you think of our new Twitter share bounty? | Posted 8 months ago
Hello everyone,We have begun testing out our new Twitter bounty sharing system. Where projects can share interesting links regarding their project via Twitter.You can check it out here.Project admins can place multiple links they want promoted such as blog posts, youtube videos or even their website in return for their projects tokens. Once the Twitter share bounty expires, the tokens get distributed out. If the project is in Pre-ICO and tokens are not distributed yet, it will be virtual until their smart contract sends out the tokens after ICO completion, which will be available and showcased on your profile page. Twitter bounty is setup very similar to our FB system. You can check this out below regarding details:  Based on their social media strength every user share is assigned to a number of stakes, which is used to calculate his reward all automated in the sharing system.1 stake/share100 - 200 followers2 stakes/share201 - 500 followers3 stakes/share501 - 1000 followers4 stakes/share1001 - 5000 followers5 stakes/sharemore than 5000 followersWhen the time expires, the campaign will close and users will receive a share of the reward based on their tier and how many shares they did.LimitationsEvery user can share the same item max 1 time per day, max 5 times per week.In case of low participation there is a maximum reward per userIt won't be possible to share articles when max amount is reached, to guarantee a minimum reward per user from the admin sideExampleThe campaign is set for 55,000 YUP token. 100 stake-1 users (less than 200 followers) share 5 items and 100 stake-5 users (more than 5000 followers) share 4 items. number of shares = 500 + 400, number of stakes = 500 + 2000 = 2500, 1 stake = 20 YUP token stake-1 users will get 5*20 = 100 YUP token and stake-5 users will get 4*5*20 = 400 YUP token. Thus, total reward for users: 10,000 + 40,000 = 50,000 YUP token campaign cost: 5,000 YUP token Go ahead and give the share bounty a try from the above link. Let us know what you think. Was it easy? Did you encounter any problems? Do you have any improvement suggestions? We look forward to the feedback!
Project: Crowdholding | Rewards: 3500 YUP
Introducing Colibra: Decentralizing insurance to make it fair | Posted 9 months, 1 week ago
Dear Crowdholders,  Today we'd like to introduce a startup called Colibra.io and to get your opinion on the issues of modern insurance. CoLibra is a new type of insurance company that uses 21st century technology to make insurance fair and transparent. A recent survey by PwC in the UK found that more than 70% of people distrust traditional insurance companies, the main reasons being the bad user-experience and the lack of transparency in their prices, terms and conditions.The result is that young people rarely use insurance which leaves them vulnerable to all sorts of risks they could otherwise easily mitigate. An especially serious concern with insurance today is the conflict of interest that claim handling creates in the case of an insurance event. Traditional insurers regard every claim payout as a loss of profit, which logically makes them seek ways to avoid it. To change that broken model, Colibra is building a decentralized platform that will use blockchain-based smart contracts and advanced AI to decentralize the claim handling process. A crowd jury, independent from Colibra, will use detailed data to decide whether a claim is eligible or not. If they vote YES, a smart contract will automatically trigger a payment to the claimant. Colibra will be a fully digital, decentralized insurance app and will have a user-friendly, chat-like interface. Their first domain will be travel insurance, to give young people peace of mind when they hit the road. To find more info about their project, see their One-Pager / Whitepaper. What do you think of Colibra's idea? Can you think of any obstacles for making their plan come true, or perhaps of alternative business models that could make / brake their business? All of your suggestions and recommendations are welcome. Looking forward to hearing your thoughts.
Project: Colibra | Rewards: 800 YUP and 100.0 TBA

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