Crowdholding

Feedback on our new 50% Token Sharing System to YUP holders

Feedback on our new 50% Token Sharing System to YUP holders

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Feedback on our new 50% Token Sharing System to YUP holders

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Hello Crowdholders,

 

Distributing dividends to the Crowd has been part of our mission from the start. This month we're launching exactly that. You can also read more about the benefits of YUP here. So let's begin:

 

Crowdholding takes a 10% cut of any transactions on the platform, and now, *half* of that cut will be *redistributed* to every person holding at least 250,000 YUP, every month! So the more activity on Crowdholding, the more benefit YUP holders get!

 

Oh, and in case you're one of the people with a mountain of YUP, anyone holding more than 1,000,000 YUP will get 5 times as much!

 

As via our telegram chat, we want to give you an opportunity for feedback and ideas regarding this new system. To start we want to keep this simple, thus we go with this system and review user feedback to make improvements at a later date in order for development to focus on the new user task feature.

 

One notable idea coming from Mc Ape from Telegram was bringing up the monthly leaderboard to be part of the shared revenue. This idea does make sense, as success in the application relates to YUP holders receiving our shared token cuts, which is connected to the activity of the users and admins for the product to grow. We would like to propose one minor change to the system to start with and from feedback potentially make improvements.

 

Thus it would look like this:

 

50% of shared token cuts goes to:

Tier 1: >250,000 YUP holders & 20 top monthly leaderboard users

Tier 2: >1,000,0000 YUP holders receive 5X more than Tier 1

 

We look forward to hearing your thoughts.  





72 COMMENTS 363 VOTES

Most recent Most verbose

Thomas Hobbs new user

Doesn't seem completely like a fool proof system but it's your coin so distribute them as you wish

11 hours ago

Grace Lo Porto new user

I'm a little sad. I have nowhere near enough YUP to receive dividends. It would be nice if the YUP dividends were paid out to all users, like some other cryptos are. Still, I understand that the dividends also help encourage adoption of the currency, since it will encourage people to buy enough so that they DO receive dividends. Clever, that. So I understand why you're doing it. I'm still a little disappointed, though (and in the back of my mind calculating if I have enough money to buy 250,000 YUP). Secondly, it would be great if you clarified what, if anything, one must do to receive the dividends. Will currency held on an exchange site earn any? How about YUP held on crowdholding.com? What if the amount is split, some in a wallet, some on this website? Just some things to think about.

1 day ago

Cam Easey new user

The idea for offering a dividend to users is to get more people active on the platform. Tasks and rewards need to be decent enough for users to want to come back and do more on the site. Achieving the amount required for tier one is doable, but new users may not see the benefit as a lot of the rewards are quite small.

1 day ago

Dime Barlak new user

All You Touch And All You See Is All Your Life Will Ever Be!

I mean it is really good idea that is how you keep the motivation of the people up to finish and be competitive and also motivate them to share the knowledge of this platform ... but maybe the 250,000 is bit too high or... what about if you throw another option in bellow 250,000 ... or maybe bring monthly leaderboard to 33 top users all these people in the comments that are saying this is bad are thinking just of themselves, not thinking in terms of benefit of the platform thats why they cannot judge properly or give meaningful solution ...

1 day ago

I think sharing equity type payments shouldn't be restricted to the highest echelon of YUP token holders being wallets with a minimum of 250,000 YUP and 1,000,000 YUP.

Although these YUP whales should be rewarded on a greater scale, it seems unfair and biased to reserve such profit sharing only for the 1% of HODLers.

1 day ago

I want to appreciate the founder and the team of crowdholding for always creating  atmosphere of sharing, either opinions, ideas and even tokens just to make every individuals involved in the growth of blockchain. 

This idea of sharing dividends is another added benefits to those on the platform before and it is a welcome development, but I want to look at it this way.

The criteria to get this dividends from my perspective will needs to be adjusted,because if we will have to buy YUPs some people will have better chance to buy because they have money while some that have been contributing ideas to the growth of the platform may be deprived because they may not have financial bargaining, so we will need to determine maybe leaderboard will be based on buying power or ideas contributions, after all what crowd are doing here is to set a standard for new projects and make it of international standard through their ideas and opinions, and these are what makes a project great and acceptable. So to acquire 250000 tokens before getting dividends will take advantages away from diligent contributors.

Both Tier 1 and 2 will be difficult to achieve by mere rewards on this platform except by buying more tokens either on the platform or on exchange,. I will suggest that the team come up with a clear ways of getting required tokens for dividend, also if the price of the tokens can be reduced for the platform contributors to !make them benefit than day traders that want to make quick profits and dump later. Also I think quantity for dividends should be reduced to something like 20000 to allow more people to be involved and for them to be able to hold their tokens for long period of time with these I think more dedicated crowds will be added to this platform in a short while.

Thank you for this opportunity

1 day ago

I think more option should also be added to the monthly leader, since the threshold for the others are very high and will take a long time to reach, but i think also that it should be left like this so as a way to increase the worth of the yup token faster and also to attract more investors. A very good idea. let the work begin.

2 days ago

Burak Serdar expert

Sharing your funds with holders means you love your people and keep working for all of us. Firts of all thank you for that. I am hodling with my YUP's, only couple of 1000s i have but also i would like to buy more but unfortunately it is only possible in IDEX and i have to buy at least 0.15 ETH and this is big ammount for me right now. If i would trade YUP coin in another exchanges with low buying rules i would buy some more because i am sure that the YUP price will raise. I believe in your concept also every new day more and strong projects join to your system and it will bring more people and it would effect the YUP coin price in very positive way. I know it is very hard and expensive to join some good exchange but please keep this in your mind. I am sure when the right times comes you will do that too. I believe in you and keep work for you forever! Thank you great team.. 

2 days ago

The idea looks great to me and I am in full support of the McApe suggestion as well as your own proposed amendment. I hope you have envisaged the potential situation in which a user is on both the 250,000 holder list and the leaderboard list. Keep the great work going.

2 days ago

Tim Prior expert

Crypto / Blockchain enthusiast and investor.

Always in favour of dividends.  :)

I think this mechanism is the second best mechanism.

The first would be to pay dividends to all users according to the percentage of YUP they hold.  This would remove the need for any artificlal constraints or architectures.  Those working hard on the platform would naturally increase their share by continueing as normal.  But am not sure if the costs involved with Eth transactions make this prohibitive.  Obviously it's not economical to spend 20 cents worth of Eth, to send somebody 1 cents worth of dividends(?).

Great to see this move though - many thanks.  People who are invested in the future of something tend to be more interested in the future of that thing...

3 days ago

This token sharing system only benefit the whale that had large amount of YUPS in hand, for us it meant nothing actually, as we won't get any dividend from it, too bad, so I don't think it's a great idea after all. As to be fair, each and everyone of us that has yups should have dividend divided not only the ones that hold million of YUPS

3 days ago

Thi sis real good idea and will help YUP grow more and more to the mooooon.

3 days ago

Newbee Gamer new user

because I am a trusted person and can be a good listener

waiting

3 days ago

That's a lot of  hard work for real to aquire that much yup. Shows it pays to be dedicated.


 

3 days ago

The basic idea seems very interesting to me, but the scales are very high. 250,000 YUP is too much and starting from that point stops being interesting for me because I see it unattainable.

The rest of the plans seem interesting to me and above all the actions that can make the value of the YUP higher

3 days ago

I am still to young in this platform to understand how much is 250k. At least the idea of distributing income by users is great, keep it coming!

3 days ago

Primoz Obolnar new user

Crypto enthusiast and in love with travelling

The idea itself is great, but as some people already mentioned it is really hard to get 250,000 YUP :) But I guess that is the purpose of it..if everybody would be receiving reward they would lost it's appeal and would be no point in it anymore :) For me I must say that this new reward is motivation to contribute here even more and I believe it is the same for other contributors. So I guess it is the step in the right direction ;)

3 days ago

250,000 YUP really ? can you lower down the amount please .

10k at least 

4 days ago

Every ideas that could give us the possibility to grow and improve this great community is an amazing purpose. I like your project to share token with that rules. But if you could listen me, maybe the top 50 monthly leatherboad is better to reward in YUP.

Good luck guys

4 days ago

Arzun Pathak senior

Don't listen to me, listen to the data and research.

This is one of the best opportunity to grow with CrowdHolding and get rewarded for your efforts. I love giving my genuine suggestions for the better web. This idea of giving 50% is heart winning. 

Thumbs up for listening and adopting this for the sake of good.

4 days ago

Deepak Mathur

I know how things work online and how to grow digitally. Ask me anything!

This is great idea to give back to your community and supporter. This system is going to rock as in my know there is no such system available. I've started giving my effective output such that I can reach Tier 1 to get benefits. Thank you for appraising the platform users this way.

4 days ago

Arzun Pathak senior

Don't listen to me, listen to the data and research.

You're absolutely right my friend!

4 days ago

Deepak Mathur

I know how things work online and how to grow digitally. Ask me anything!

Thank you :)

4 days ago

Hide sub-replies

Well I really liked this system however, I find it really hard for someone to collect 250k yup tokens. 

And even so, I already withdrew my tokens to MEW and I hold them over there. So I am not a yup holder?

Other than that the new system is powerful. There are lots of newcomers, so this way protects the old users.

4 days ago

Deepak Mathur

I know how things work online and how to grow digitally. Ask me anything!

Yes, this is good for existing and old users, I've read your opinions, you're doing amazing work out there. thumbs up!

4 days ago

NARUTO RAPHEAL guru

I am a Mechanical Engineer with expertise in power and Mecha-tronics. An Enterpr

i think the first threshold of 250,000 is too much considering how long it will take to get there. and also i think this is a very good idea as it willl help to increase the worth of the crowdholding token and also attract more investor. Good one guys.

4 days ago

Ahmad Fz expert

Crypto Addicted

it is too big for 250,000 YUP token. I think the treshold should be lowered to attract more minnow investors

4 days ago

Timmy Onuoha senior

250,000 YUPs is quiet much but definitely we would see how things goes I guess if need be to make adjustments it definitely should take place. And secondly this a nice and a welcomed idea I most say.

4 days ago

This is a very good idea,i think as a user of this platform and like many other users, it is an exciting news. People love when they get some kind of form of recognition when doing something, thinking about this reward will definitely bring more attention to the website, and i am sure the subscribers will split the news as well.

4 days ago

Hassan Mahmood new user

This is really exciting announcement and this will do two positive things to the platform in my view, one is that crowdholding will get even more loyal and active community and secondly this will drive the demand of yup tokens to new heights causing a steady growth and value increase in the value of yup tokens so i think it is an outstanding decision and with this crowdholding will become the best platform in its category for sure.

4 days ago

Thomas Hofer expert

This is really a great move for the advancement of this platform!

I have to admit, that a lost some interest into crowdholding for some time. I was very active on the platform until 5 months ago, until I was exhausted from the time I commeted into writing comments here, but having little incentive. But now the incentive is finally here, the allocation of the transaction fees to the 20 top leaderboard users is a great idea in my opinion.

Also the allocation of the token cuts to >250.000 YUP holders is a good move to create interest in the token and therefore to increase its value. In this matter, I would like to ask, is there any way to monitor the monthly TX fees collected? And is there already a ratio specified for what percentage of tokens are allocated to top leaderboard users and what percentage to Yup token holders? Would be interesting to do some math before investing...

4 days ago

Distributing 50% to holders with 250,000YUP, I think is abit steep, cant we start from 100,000YUP holders?

5 days ago

Jonas Tabuena new user

Brilliant idea, i'm looking forward to hear more about this, wishing for more on this contest.

5 days ago

H Q expert

I like the sharing system a lot. But I think instead of sharing it based on leaderboard the user badge (level), should also be considered. It will encourage users to engage more in the platform.

5 days ago

b p expert

I really like the idea, but as said before it is incredibly hard to get to that point of 250k yup, and the reward should be equal in this in the range of 250k to 1000k my suggestions share them by the percentage of ownership exactly like a stock.

5 days ago

I’m new to this whole thing , but from what I’ve read it seems fair , those that have get ,those that are trying are rewarded , the upper tier of course flourish but it makes the lesser Yup holder want to work harder ...unless their lazy then what r they here for ?lol . Posting achievers also breeds conviction

5 days ago

sara fas new user

This comment is not available, it has been removed for violating the code of conduct

5 days ago

Zbigniew Bień new user

The idea of sharing the profits is extremely attractive, but you should ask yourself what you want to accomplish by it. If you want to encourage more people to post comments and vote maybe create a distribution project proportional to user's monthly earnings. The leader-board would be a good way of implementing it, with the most productive users taking the biggest piece of the pie. Right now 250 000 is an amount that cannot be accumulated by activity contributing to the platform and would require an investment of 190 USD to achieve, this could be discouraging for small holders. If you want people to buy YUP on exchanges and hold it just to receive a cut of the profits then go ahead, there is nothing to change.

5 days ago

Nuno Caeiro expert

I’m software developer/team leader for 15+ years

it’s a great idea and pretty straightforward and fair rules. Will allow people to have passive income while promoting and be engaged with Crowdholding. For transparency, I suggest that the shared tokens should go to everyone who has the amounts stacked on their personal wallet as the amount could be easily accessed through etherscan. As long as each one keeps the YUP, he will receive the rewards directly to that wallet.

5 days ago

Its absolutely amazing. I was searching on ICObench project like this and you already did it. Thank you!

5 days ago

I am taking this as extremely positive news. What I am thinking is contests and bounty campaigns. 

5 days ago

Daniel Dunlap

Work together, grow together, block chain together

This is an encompassing initiative to promote increased usage of the application. I think starting out simple with two tiers will give a benefit to users, while allowing the application to judge the efficacy of the tiers.

5 days ago

Elizer Flores new user

I think this project can change our life anytime soon so continued to support this amazing project!!!

5 days ago

Eric Dexter expert

I think the amount needed is a little high and it is unclear to me weather the rules can be changed and by who Exc.  I do like the concept of dividends.

5 days ago

Eric Dexter expert

It would be interesting to have a way to pasz bat coins through with whatever charge to make it work.

4 days ago

So it is like stakeholding, always a good idea, I think, get rewarded for Hodling.

5 days ago

Jaja Blessing new user

Yup, this is really great, it'll spark inspiration and zeal

5 days ago

Wow this is great project, nice for the achievment reward.

5 days ago

I agree with the criteria for receiving dividends. I think it will increase members participation.

5 days ago

Станислав Ефимович new user

homo homini lupus est

I recommend everyone to pay attention to this team. An interesting project, the team has many plans, this company is definitely waiting for great success, I advise everyone to consider this company for them selves.

5 days ago

anurag shandilya new user

Very interesting innovative ideas of crowd earnings. I really like that. I also want to in depth of this idea, so i am here

5 days ago

This comment is not available, it has been removed for violating the code of conduct

5 days ago

Promise Chibuike new user

This is a good idea, like sharing the sharing the pie for the household, but it should not be based on the YUP holder with >250,000 alone that will be beneficiaries, there should be some for those with less than 250,000YUP as well, so as not to discourage holders or create some form of segregation among holders. I do understand that you want to reward and encourage the monthly leaderboard, but also time some time to reflect on the other side of the coin...what this will create in the mind of others. I believe in fairness and carrying everyone along.

5 days ago

Nice initiative taken by team to distribute dividends for holding token.

I  can suggest, if half of the token of dividends should be distribute to token holder and half should be utilized for the promotion purposes. 

5 days ago

GomberS ID expert

This comment is not available, it has been removed for violating the code of conduct

5 days ago

This is great 

Especially the 250,000 amount.

Hopefully this will drive the price up

6 days ago

Oxu Remini guru

First of all, I have to say about the platform; I did not like the increase in the number of votes. Unnecessary comments will even get votes.I want you to reconsider this.

Token sharing has always succeeded. With these dividends, sales pressure on token may decrease. Thus, the price fluctuations will be minimized.

My idea is this;
Not the first 20 people.
everyone who uses the platform should take these dividends. This dividend can be distributed to everyone at the rate of monthly won YUP on the platform This event will attract the attention of many people.

Another idea;
According to the number of YUP held on the platform, this dividend is distributed.

for example ; ( number of YUP on the Platform ) ;

My YUPs 4500 = Dividends (proportion) >> 45 YUP
Alice  YUPs 8540 = 88 YUP

6 days ago

This is an amazing idea it will be so beneficial to the person using your platform as well as for the people seeking advice from tour platform

6 days ago

This will encourage people to keep the coins instead of trading what is a great strategy !! Gratz

6 days ago

First of all, it sounds good to Crowdholders that distributing dividends and personally I am satisfied Crowdholdings policy.
It is very difficult for everyone to get 250,000 YUP without buying YUP in exchange.
In order to get more YUP for dividends, every users should try to act to finish tasks on Crowdholding, which will be a good motivation to them.
Always I thank and anticipate Crowholding's new and advanced policies.

6 days ago

50% token sharing system is amazing. It will encourage users to hold coin and get more token.

6 days ago

Thew Jomaco expert

I've been following the telegram conversation around this. I find myself agreeing with one of the commenters on a few points. Incentivizing 250000+ YUPs only rewards speculators, not participants. I would suggest rewarding participants that earn a certain amount of YUPs directly through the platform as users first, before speculators.

As a user and non-speculator, I'm aware I'm clearly biased. Another bias I have is a bottom-up, grassroots approach. It's less important to me what money holders care about. If what crowdholding does is valuable enough, it will speak for itself. I additionally feel cryptoearning platforms are ideal places to put an emphasis on this kind of approach. For that reason I prefer to focus enhancements on the community of users and the platform itself. [Don't get me wrong, I assume the crowdholding team is considering these things as well.]

If the intention for offering dividends is to increase the value of YUPs, I'd prefer to see that happen by continuing to enhance the platform, as the product that creates customers' value. Toward that end, I would propose small changes that might enhance the participation results. One idea is to encourage collaboration across users. The reply button hardly gets used and when it is replies don't necessarily get read unless they're from admin. If users are encouraged to interact, the spirit of collaboration and feeding off each other's ideas can improve the quality of responses dramatically.

I can't help but look at crowdholding through the lens of Human Centered Design. Essentially it feels like the perfect forum for that approach. The potentiality for incorporating HCD processes into multiphase tasks or projects on crowdholding could have significant effects on attracting and retaining clients. I assume that customers would have to want this kind of approach for it to work, but it might be an approach that would unlock creativity across users.

My two cents. If this task's description is the direction crowdholding takes, perhaps I'll just have to purchase YUPs. If you can't beat em, join em!

6 days ago

It sounds great! A project like yours should prepare something like this one for their users. It would make the YUP coins hodling from all of us and it would gain more value for the YUP. As far as i see that the Crowdholding is on the attack, try to find things that bring more people and more project in here. This project is in the right path, slowly but strongly developing, i believe that in couple of months we can buy/sell the YUP coin in more exchanges. I am sure that when someone understand the full idea of Crowdholding, he direclty join this community. So you need to tell yourself more and more on the web. We are here and ready for your help. Because i really want Crowdholding to be a number one in this market.

6 days ago

Al Wallace guru

Food and cryptocurrency blogger with a diverse interest in investment/ crypto

I think sharing dividends with the community makes complete sense. It was create value for the token as ow there will be merit in holding them beyond speculation. I think Mc Ape's Idea was a great one as it ties in with Ethan's thoughts to gamify the platform a little and will, hopefully encourage users to offer more verbose answers that will create more value for potential projects as they would get more useful feedback. This in turn should drive up the value of the token as supply starts to reduce as people buy and collect and demand goes up from potential projects. The formation of a complete eco system for the YUP token.

My suggestion would be that potentially you tier the postioning of the top 20 as well. this would further enhance the idea. For example 1-5 get 50% of the available tokens 5-10 get 25% and 11-20 get 25% ths would increase a little heathy competition by driving up rewards for being in the top spots every month. 

Maybe you shouldnt have the second tier as a million seems high and the rewards returns you could get from this could mean that you have people sitting in the top 5 just because they are holding so much. Whilst this is great for them and does encourage holding, It does also create a possibility that new users and even some comitted longer term users such a myself who have nothing close to that would struggle to get the higher rewards. You might get a situation where the handful of people with over a million would constantly sit at the top, the guys with 250,000 would be under them and everyone else would struggle to get a place on the leaderboard even if they were comitted and hard working.

Perhaps you could create a secondary 'savings'wallet? any earnings from dividends could then be paid out to the holders that month but not count towards their leaderboard position but are available to them to withdraw if they like or use for any YUP spending projects or items that you might add at a later date. So they still earn but there is still a level playing field for everyone to focus and produce quality content.

The platform is great guys, I really enjoy writing and taking part in the tasks and I do think this will add value so good idea.

 

6 days ago

Tim Prior expert

Crypto / Blockchain enthusiast and investor.

Hey Al. Just to clarify (at least per my understanding/devising), the larger token holders would not automatically appear on the leaderboard. The rewards would be drawn from the same pool, but the leaderboard would still be based solely on on-platform achievements.

Those on the leaderboard would receive an honorary stake. As if they owned the 250K tokens.

6 days ago

To me it sounds like a great idea! Who wouldn't want to share in token dividends?! I haven't been a part of crowdholding for very long but it seems like it will take quite a while to earn enough YUP to be near the top tier. It's nice that you are willing to make adjustments & take suggestions as needed once this gets going. I look forward to to working towards the top tier!

6 days ago

good idea. i like it.

6 days ago

Distributing dividends to token holders is,imho, an excellent step towards developing a complete ecosystem as it provides an incentive for people to acquire and save yup’s.

 

I'm a supporter of the idea of letting the top contributors share in the rewards. However I'd restrict it to fewer - maybe top 10 - and make a tiered system with the first getting more than the second, and so on.

 

Some random remarks:

 

Crowdholding needs more users and more companies to use the platform:

 

  • Allowing users an easy way to post on a dedicated subpage would imho be worth considering. However there would need to be:

    • Clear guidelines of what is and isn’t acceptable to be posted as a task

    • A minimum reward size requirement to eliminate spam posting

  • As I’ve touched upon in telegram chat; Crowdholding might consider attracting companies outside the crypto world to use the platform through introducing sponsored tasks. Examples:

    • Get creative with a can of coca-cola. Sponsored by coca-cola.

    • Share your favorite vegetarian recipe. Sponsored by ‘Insert vegetarian food brand’ or store that sells a lot of vegetarian food.

    • What would make the perfect knife? ‘Sponsered by Knives and co’

    • Take the most stunning picture of your town ‘sponsored by ryanair - Go there today’

  • Crowdholding needs more exposure on youtube and other social media related content (i.e. all subjects that deal with earning money online in a fair and honest way)

6 days ago

Sertan Ala guru

First of all i must say i liked the main idea. On the other hand most of the people will prefer to earn coins from crowdholding plotform instead of buying from exchanges. As we know its not easy to collect 250.000 YUP at one time I suggest maybe we could start with lower quantity and then we can rise needed total amount month to month until it reaches 250.000 YUP.

This will result with keeping also lower amount of tokens from the beggining, and will help some movement on exchanges. 

Top 20 is exellent sollution for everyone, its well designed which will keep people continiously working for the platform.

6 days ago

jessica ruiz

jessica ruiz

The idea of distributing dividends among the possessors of tokens seems fantastic to me.
The idea of putting some limits for the distribution and that is also uneven seems to me to be ominous and has a Ponzi smell. I do not know if you want to raise the price artificially to drop ballast quickly but it makes me rethink the meaning of the web and its services.

1 week ago

Dean Walsh guru

Don't listen to me because of who I am, I'm nobody like everone else.

Its a great idea!

This gives people a motivation to save tokens and means even if liquidity is so low it puts people off selling there is still some value to keeping on earning and building up your stash of tokens. Maybe it can also encourage some to buy more to get over the threshold. i think 250,000 is a good amount. You don't want it to be easy to earn them so that people aren't encouraged to buy.

Including the top 20 monthly leaderboard is very nice also, and maybe that will make it possible also for commited users to eventually earn enough to get a cut based on their saved up stash if they keep going long enough, which would be good.

1 week ago

Avi Syed expert

I really love this features ,its helps lot of investors to increase their earning using dividend sharing ,but my advice to decrease minimum or average level stacking crowdholding token ,then lot of average investors buy and stack them monthly.

1 week ago