Review on Crowdholding by Inioluwa Okedeji
Crowdholding: A Cryptocurrency Project Where Your Feedbacks Are Tools To Improve Businesses And Also Earn You Rewards.
Crowdholding is a cryptocurrency project that simply improves the connection between people, which in turn improves business relationships. As the Crowd in the name implies, it connects people, entrepreneur and artisans together and allow them to give feedback on products and services received with any other ideas they may have concerning a project which in turn provide a future revenue for them.
When I first saw the name of the project, I was like crowdholding? What could it mean because it does sound like a crowd holding each other when look at it, but then I remembered that I've heard of projects that are crowd-funded, so I felt this project should be somewhat similar to them.
The first thing I saw on the platform was the vision and purpose of the project which is to build better businesses through feedbacks. We all know that the feedbacks of users matter a lot on different products and services. So the crowdholding project makes it easy for you to give feedbacks so that businesses will improve their services to you. Although I find the platform's interface a little bit unattractive.
Crowdholding is a decentralized project, and one can't expect nothing less than that since it's a project that was established to help the people, so who better to govern such a project than the people themselves.
I also discovered that the crowdholding project has partnerships with several well-known projects and companies in the cryptospace such as Aeternity, Cryptovest and P2PB2B among others.
The interesting thing about the crowdholding project is that, the feedbacks you give which will help improve
1. Project Creation
2. Community Engagement
3. Idea Validation and other projects that will ensure that better products and services are delivered to users. And in addition, people get rewarded in YUP, an ERC20 token of the platform , for each feedback they give. The feedbacks also affects the distribution of this rewards.
The platform also supports airdrop tools that will improve the way and manner in which airdrops are done which in turn will increase awareness concerning a project.
In conclusion, the crowdholding project is an important project that will help connect entrepreneurs with their customers and also improve the relationship between them.
Pros
- Crowdholding is a decentralized cryptocurrency project that connects businesses with the people and helps improve the relationship between them through feedbacks.
- The YUP token is given as a reward for each feedback and as payment for each contribution.
- Crowdholding project has partnerships with some prominent cryptocurrency projects
Cons
- YUP, the reward token is not a popular token in the cryptomarket, hence, it's of low value.
