Crowdholding

Crowdholding Update: July 8th, 2020

Crowdholding Update: July 8th, 2020

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Crowdholding Update: July 8th, 2020

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Hello Crowdholders, 

 

It’s been a bit since our last update. As you know, we are making sure to keep servers running and maintaining the site. We also encourage others who want to use CH to get YUPs for posting. 


 

As of right now our Alexa rankings maintain strong at 108K globally.  


 

Founders of CH maintain side jobs while making sure our off hours the site keeps running.

 

Current Bottlenecks

CH is a media application where the cost of publishing goes to the commenters/readers. CH entered the blockchain/tokenomics sector back in 2017 as a small market cap project. Looking back on it now, small market projects ended up going through some Catch 22 scenarios. Either use the money to build a product or spend it to get on exchanges. In order to stay true to our WP, building the product was the definite choice at the time. You saw the opposite done by some projects back then, which spent their capital to get on exchanges but then never ended up launching their products. All in all, focusing on the product was the best decision as we still run today. Unfortunately, though it hindered our ability to have YUPs more available. We added a buy YUP widget, in order to ease the process for posting, but still didn't bring the liquidity needed. 

Our revenue model from our WP has us take cuts of the YUP transactions posted per project, but this form of monetization was under the assumption YUP would be traded. So we are at a stage to change our monetization strategy. Back in 2017, it was thought the popularity of Dapps would propel to use these new forms of currency, but in reality, this never materialized. It turns out, this form of finance is still difficult to use for the average user even 3 years later. 

 

So what's our solution?

Keep the servers running. We are set up to make sure the servers stay on and the product continues to have usage. Remember, you can only post by placing YUPs.

 

So right now we are starting our Author's program. We will be offering users additional YUPs to post tasks on subjects you find interesting or projects you want to showcase. If you are interested, please sign up here

 

All you need to do is leave your telegram handle or email. Ethan will contact you for your qualification, then will make sure you are set up with a publishing account.

 

In addition, Ethan has put together some side projects as complementary to CH. You can check them out at CrowdLink and CrowdClick both were started from hackathons. Ethan's looking to create revenue streams from these new side projects in order to jump-start CH in the future and improve upon the model. 

 

Thanks for reading!

 

 





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12 hours ago

Keeping the servers up came with great sacrifices, I read how crowdlink and crowdclick complements CH a while ago when you introduced the platforms. Keep building great programs which marries well with CH like the two which will continue to increase awareness. 

Congratulations on making it this far. Great job great project.

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I'll always subscribe to updates as this. Good job!

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3 days ago

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1 week ago

Thanks for sharing such great knowledge with us. Looking for some more information from your blog.

1 week ago

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1 week ago

Good work CH, your media application deserves more appreciation. keep up with the good work. please keep posting.

Googiehost.com

1 week ago

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2 weeks ago

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2 weeks ago

Manuel Ogwa new user

Honest Answer.

Amazingly great. Keep the updates coming.

2 weeks ago

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2 weeks ago

Rapheal N guru

Thumbs up. good work and keep the project going we will surely do our best to support.

3 weeks ago

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3 weeks ago

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3 weeks ago

Great Job. Thanks for the update.

3 weeks ago

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3 weeks ago

Muhammad Raza new user

Thanks for updating us and i hope this community bring new ideas to keep us engage.

3 weeks ago

Ngene Obinna expert

Thanks the information. I hope things out well for this community.

3 weeks ago

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3 weeks ago

yue shina new user

Well done and thanks for the update! Focusing on the product is the right thing to do as far as I am concerned. Keep up the great work guys!

3 weeks ago

Gadgets Lookup new user

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ruskin born new user

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4 weeks ago

Karen M guru

I tried clicking the link above for crowdlink-- the page says not connected.....I tried crowdclick--looks like we have to use metamask, is that correct?

1 month ago

Ethan Clime guru

CEO of Crowdholding.com

That is still our staging server, we are completing testnet as we speak for CrowdClick. Odd the Crowdlink site isn't working for you.

1 month ago

Karen M guru

Ahh ok. I use Android phone. Could that be why it won't connect?

1 month ago

Ethan Clime guru

CEO of Crowdholding.com

Yeah that's correct, the product was built for a hackathon and connected to testnet. Right now it's not mobile compatible, but will be.

4 weeks ago

Karen M guru

Good to know. Next time I'm on my 'computer' I'll check it out. Great work Ethan!!

4 weeks ago

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Karen M guru

Thanks for the update. I'm glad CH is still operating but I see we definitely need to increase traffic here. There are a few new users so if anyone has any ideas, feel free to post them.

1 month ago

Shared mine throughout the years. I still stand by them: 1. crowdholding offers people to post tasks and earn on a global scale, completely uninhibited hence focus on this quality: offer people the options to do so. Let them sell ideas, products or services. 2. Crowdholding offers companies cheap global marketing, hence let them sell stuff for yups be it coupons or actual items. 3. Create crowdfunded tasks i.e. let people donate towards funds for a task. 4. Move the whole token shenanigans to the background, use crypto as a tool not a product. Don't exclude users at the front door so to speak, offer them yup they'll figure it out. 5. Create infinite tasks with game aspects of earning: e.g. mapping real oil spills or other data cataloguing and each hit gets rewarded. 6. Focus on marketing as a revenue stream. Let people create content, earn from marketing adds. 7. Dividend pay out of actual revenue including adds,etc. Once company is turning profit and financially healthy. 8. Allow companies to partner, giving full support to developing and incorporating with crowdholding. Just some ideas.

1 day ago