Crowdholding is building a platform that connects startups with the crowd by leveraging the Blockchain technology. On Crowdholding.com, startups have ways to co-create their products with early adopters, get help from experts, or even get crowdfunded. In exchange, startups will redistribute part of their future revenue to the crowd through YUPIE tokens and our fair revenue-distribution system.
Our ultimate vision is to create a decentralized open-innovation platform to help early-stage products, from both small and bigger organizations, being co-created with their users. To stimulate transactions of the YUPIE tokens immediately after ICO, 10 startups will receive 5% of total YUPIE tokens issued to use for bounty campaigns on the Crowdholding platform. Step 1: Bounty System will launch in February 2018 and we predict that the 5% of total tokens will be utilized over 6 months.
Starting from February 2018 more businesses will join the Bounty System and they will be able to acquire YUPIES either from Crowdholding or directly from the market. Businesses then reward supporters with YUPIES for completing bounty tasks. Later YUPIES can be exchanged to the prefered currency.