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Props Project
Description
Props Project creates a decentralized model of digital media for a more equitable reward for the efforts of users, content creators, developers and other participants in the system. Props is developing a platform for creating applications where users will receive a reward for participating in the development of the network.
The project is run by a successful company YouNow. It is already profitable and its sales are growing. The team consists of 40 people. The YouNow app has 40 million registered users and 4.1 out of 5 possible star ratings based on 300,000 reviews on Google Play.
Through conducting ICO, Props strives to make its ecosystem even better, expand the existing business model and keep up with the latest technological trends.
The team is going to build an ecosystem using a token Props for the remuneration of participants, developing it or participating in it. The Rise application will be released — an interactive video application-social network, which will allow implementing multi-user streaming.
Props offers developers to create additional applications that will also use the ecosystem token, thereby expanding its possible applications and demand for it.
Tokens
Props tokens can be used on the platform to perform unique actions and gain access to new services. Their accumulation will give certain bonuses to users, and developers who submitted additional applications will be required to store a certain amount of Props tokens as protection against potential malicious actions. All this contributes to the withdrawal of tokens from circulation and, as a result, increase their value.
ICO details
- Token: PROPS.
- 1 PROPS = $0,125
- Platform: Ethereum
- Accept on ICO: ETH, BTC, USD
- Hard cap: $25,000,000
- Date: first quarter 2018
