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Media Platform Media & Social Others Social Network

PROPS

Ended
Ended: Dec 18, 2017

A Decentralized Ecosystem of Video Applications

PROPS is a decentralized digital media network that rewards its users, content creators and developers, based on their contribution to the growth of the network.

USD 25,000,000 raised. PROPS is a decentralized digital media network that rewards its users, content creators and developers, based on their contribution to the growth of the network. Solving the biggest problem in social A few platforms dominate social, and control digital media distribution. Their strength depends on millions of users creating and sharing content, but only a small fraction of the hundreds of billions in enterprise value that they have amassed flows back to those that create it. Decentralization properly aligns the network We believe that users should transparently and programmatically earn for their contributions to a network, and have a stake in the community they are growing. PROPS ensures that network value flows back to the people who help it grow, better aligning stakeholders across the platform.

A Decentralized Ecosystem of Video Applications. PROPS is a new cryptocurrency that grants access to features, content and status across media apps that share a currency and identity layer, and whose users benefit from the PROPS rewards pool.

A decentralized ecosystem of video applications.

PROPS is Decentralizing the Digital Media Economy. We believe that users should transparently and programmatically earn for their contributions to a network, and have a stake in the community they are growing. PROPS ensures that network value flows back to the people who help it grow, better aligning stakeholders across the platform.

Website

propsproject.com

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ICO Details

Ticker Symbol:
PROPS
Platform
Ethereum (ERC20)
Accepts:
ETH, USD, BTC
Hard Cap:
25,000,000 USD
Country:
USA
KYC:
face
Total supply
1,000,000,000 PROPS

Public Crowdsale

Ended
Date Sale:
Dec 11, 2017 — Dec 18, 2017 @ 7 days
Price:
1 PROPS = 116.08 USD (0.13 ETH)

ICO Overview

About PROPS We are introducing PROPS, a cryptocurrency that powers social participation in digital media and Rize , a new platform for interactive video that will be the PROPS token’s first large-scale adopter and champion. Rize is an open video platform that connects groundbreaking many-to-many video technology with tokenized virtual gameplay and aligned economic incentives for its participants. Launching in tandem with PROPS, and seeded with YouNow’s community of millions, Rize will popularize the cryptocurrency. Rize will serve as the initial member of the PROPS Ecosystem , a group of applications and platforms powered by PROPS that fairly and transparently reward participants in proportion to their contributions to the network. Half of the PROPS supply will be governed by a non-profit foundation that will distribute them across the ecosystem, incentivizing third party application developers, content contributors and users to join the PROPS Ecosystem in order to build a user-focused alternative for today’s highly centralized digital media landscape.

PROPS is Decentralizing the Digital Media Economy. We believe that users should transparently and programmatically earn for their contributions to a network, and have a stake in the community they are growing. PROPS ensures that network value flows back to the people who help it grow, better aligning stakeholders across the platform.

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Team

Adi Sideman
Founder and CEO
Eran Kalmanson
Chief Technology Officer
Yonatan Sela
SVP Business Development and Product
Peter Watts
Platform Lead
Jim Louderback
CEO, Vidcon
Doug Petkanics
Founder, Livepeer
Ben Perper
Director of Product and Business Intelligence
Manuel Araoz
CTO Open Zeppelin, Decentraland
Nick Tomaino
Founder, 1confirmation Prev: Runa Capital, Token Summit, Coinbase
Candice Reeves
VP Community Operations
Jake Brukhman
Founder & Managing Partner, CoinFund
Marco Santori
Partner, Cooley

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