May 22nd 2018, Prague, Czech Republic – Crowdholding’s platform upgrades and now YUP token payments are on the Ethereum Blockchain. Users can now instantly withdraw tokens earned as a reward for co-creating with businesses. More than 25 blockchain startups, including established ones such as Deep Onion, Intelligent Trading Foundation, and Peculium, award tokens for bounties on Crowdholding.
Ethan Clime, CEO of Crowdholding commented;
“We are on the verge of connecting users and businesses through smart contracts in a trusted and transparent environment, allowing tokens to seamlessly move from our clients to users through the Ethereum blockchain network.”
What is the YUP token?
The YUP token is built on the Ethereum platform and is used to access the Crowdholding ecosystem. Soon users will be able to use YUP to invest, purchase products and services. Businesses invest YUP and other ERC20 tokens to manage ideas and bounty campaigns as well as co-create with the community. As the interests of everyone are aligned, the larger the ecosystem, the more liquid and valuable YUP becomes. In the next few months we aim to grow to 10,000daily active users and host over 100 businesses which we estimate will boost the YUP value significantly. The YUP token is already traded on 3 exchanges (IDEX, OctaEx, CoinHub).
How to earn YUP and other tokens without investing?
- Choose a task you would like to participate in.
- Offer a well-researched solution.
- Other users upvote the best solutions.
- The more upvotes you get – the more tokens you receive.
Why is Crowdholding Unique?
Crowdholding has grown exponentially since raising $2 million from their token sale in January 2018 and now has 17,000 signed-up users. This is because Crowdholding provides value beyond bounty campaigns, as the community can directly collaborate with blockchain startups to co-create, crowdfund and build better businesses.
Given the decentralized nature of blockchain projects, Crowdholding provides great value for both pre- and post-token sales projects helping to gain traction and raise awareness. Businesses can launch different types of tasks where supporters put their unique skills to work by contributing to the growth of various blockchain businesses in exchange for YUP and ERC20 tokens.
Ethan Clime stated;
“We are aiming to facilitate the world’s potential through co-creation. With 80% of the developed world going online, online communities are providing an astonishing way for people to interact with each other, learn new skills, solve issues and discuss and debate. Since July 2016 we have been working hard to create the perfect the co-creation platform for businesses and the community”.
Having made significant progress, the Crowdholding team is also working on launching a crowdfunding module, where users will be able to re-invest their YUP tokens into other blockchain projects.
Article & Image Source: BitcoinPRBuzz