{"id":1452,"date":"2022-03-05T15:12:06","date_gmt":"2022-03-05T15:12:06","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/crowdholdingwhitepaper\/"},"modified":"2022-03-05T15:12:06","modified_gmt":"2022-03-05T15:12:06","slug":"crowdholdingwhitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/crowdholdingwhitepaper\/","title":{"rendered":"Crowdholding\tWhitepaper"},"content":{"rendered":"<div readability=\"91.504265828469\">\n<p>Problem<br \/>In 2017 more than 90% of startups will fail due to entirely solvable issues (Forbes). 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).<\/p>\n<p>C-level execs agreed that their companies were bad at identifying problems, most notably in their products, often due to a lack of outside perspective (HBR).<\/p>\n<p>Plenty of these companies have a great idea, capable team, and even a solid company structure. What\u2019s often missing is the ability to build an audience \u2014 something often critical for many modern products to function properly.<\/p>\n<p>There is a severe disconnection between companies \u2014 small or large \u2014 and the public. Whether it\u2019s 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.<\/p>\n<p>Solution<br \/>People around the world are willing to validate products, solve problems, and voice their opinions. This great potential simply needs facilitating, and Crowdholding is designed to do exactly that, encouraging a new wave of co-creation.<\/p>\n<p>Since July 2016, the Crowdholding team has worked hard to build the perfect co-creation platform, attracting hundreds of dedicated participants, and dozens of interesting startups looking to make use of the wisdom of the crowd.<\/p>\n<p>Crowdholding enables the public, or \u2018the crowd\u2019, to help validate, iterate on, or build awareness for products or services. In return, the product or service owner rewards the crowd for their activity, building a mutually beneficial scenario where businesses and the public are brought closer together, aligning goals rather than merely exploiting one another.<\/p>\n<p>This reward process is facilitated by the Crowdholding YUP token, and other ERC-20 compatible tokens (including Ether itself) \u2014 allowing value to be efficiently transferred between parties in a decentralized manner.<\/p>\n<p>As Eric Schmidt says, the next hundred-billion-dollar companies will be those who can effectively learn from the crowd. There\u2019s a new dawn in co-creation coming, and Crowdholding is positioned to make it impact society as much as possible.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/11\/crowdholding.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">crowdholding<br \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ProblemIn 2017 more than 90% of startups will fail due to entirely solvable issues (Forbes). 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). C-level execs agreed that their companies were [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1452","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=1452"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1452\/revisions"}],"predecessor-version":[{"id":1453,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/1452\/revisions\/1453"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=1452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=1452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=1452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}