Finally it's the day of the Pre-ICO launch! It is now 11:04 in Prague and the first investments arrived in our wallet. At this point I would like to express a big thank you to everyone who believes in us and sees the big opportunities we are about to unlock.
- Very short reminder: If you haven't invested yet in any Crypto, I recommend to have a read on our blog series: How to become a Crowdholding supporter, which is a complete guide helping you to get started.
Now I would like to point out our business model and why it could be the investment of your life.
Crowdholding builds the facilities for a fully decentralised new economy, allowing companies to share revenue with the public in order to co-create and crowdsource their business.
Or in other words:
Crowdholding is a decentralised Open Innovation platform that connects entrepreneurs and supporters. Startups have the freedom to use our co-creation environment as suited for their needs. They can enhance products, validate ideas, increase the awareness of their business and can basically create any task they want.
Supporters, or “Crowdholders“, are now able to evolve a very own professional identity of companies they co-create with. They get early access to products and primary information for the completion of a company's task. Why should Crowdholders support your business? - Because you share a fraction of revenue with them according to the quality of their ideas/contributions. Our algorithm ascertains the amount, based on the number of up-votes you receive(other factors to be added in the future). So the more successful your product or service becomes through the crowd, the more they get rewarded. The cryptocurrency our Crowdholders get paid in is called “YUPIE“, according to Urban Dictionary “someone between the ages of 20-35 that usually have careers in business, medicine or entertainment“. Make your own rhyme on that, I personally think it's a catchy and extraordinary name, which truly fits our business.
Short excerpt from our whitepaper to outline the problem we are solving:
In 2017 more than 90% of startups will fail due to entirely solvable issues (Forbes). This is not a new trend, and has even invoked a wealth of essays from founders who feel the need to write about why their company did not succeed. Of founders who faced failure, a massive 42% attributed it to a lack of market need for the product, while a staggering 29% of startups fail due to a lack of capital (Fortune).
Larger companies are ineffective at identifying problems, most notably in their products. A staggering 85% of c-level execs from 91 companies across 17 countries agreed that their companies were bad at problem diagnosis, often due to a lack of outside perspective (HBR).
There is a severe disconnection between companies - small or large - and the public. Whether it’s to validate a new product, or iterate on an existing one. There is enormous untapped potential, which with the right tools, can be leveraged to benefit everyone.
Let's talk about the future...
We see a future where people can work anywhere, at anytime to support the worlds economy through crowdsourcing - and actually earn a salary from our digital asset. Our vision is to provide mutual prosperity for businesses and people through open innovation.
If you are a Fintech/Blockchain startup and like what we are doing, have a look on our☞ F6S accelerator program.
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