‘Crowdholding’ is a platform that connects the crowd with entrepreneurs who want to launch projects. The platform allows you to give feedback & ideas for future revenue. Therefore, it allows everyone to earn Crowdshares for the time you’ve put in the project. Generally, this platform involves a ‘Crowdholding’ cycle.
This Crowdholding cycle consists of crowdholders, crowdshare & the entrepreneurs. The cycle begins with crowdholders. They co-create projects with the entrepreneurs. In return these entrepreneurs share the Crowdshares with the crowd that helped them become successful. The Crowdholder’s job is to give feedback & ideas to the entrepreneur. Therefore, using this Crowdholding cycle they have a chance to influence companies & share the benefits that their ideas accrue.
The Crowdshares which the entrepreneurs share with the holders represent a percentage of future sales. According to the Crowdholding developers their main aim is to “redistribute wealth to the public.” Specifically, the wealth which has come up from innovation of the public ideas & support to businesses.
This platform allows you as an entrepreneur to use crowdsourcing. Crowdsourcing helps deliver innovation from thousands of people. This helps your business learn from the crowd. Hence, it allows you to make the best product & services tailored by your customers. In addition, when an entrepreneur’s project begins generating revenue, they distribute it monthly to Crowdholders. However, this depends on the number of Crowdshares that these holders have earned. This revenue appears as credit on the website. Most noteworthy, you can withdraw or spend it when it is beyond $10.
Crowdholdgives the entrepreneurs the chance to choose between 3 task levels. These are Easy, Medium & Hard, with each level having a number of Crowdshares. The Crowdshares in this cycle are distributed by the percentage of votes for each comment in the response section of a task. Therefore, if you comment & get a vote you’ll receive part of the Crowdshare reward. Crowdholding allows you to join as a Crowdholder or as an entrepreneur by signing up using your email.
Crowdholding was developed by Henry Cooper, the CPO, Aleks Bozhinos, the CMO, Ethan Cline, the CEO & Tomas Kuttler the Software Architect. This platform’s headquarters are in Praque, Czech Republic.
- This is a startup profile based on publicly available material & not a review -
Image Credit: Crowdholding
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