PROPS (PROPS) ICO Rating, Reviews and Details

Market

Pair

Price

Volume 24H

24H (price)

24H (volume)
OKX

Pair PROPS/USDT 2 one year ago

Market $ 0.0008

Volume 24H $ 11.366 K

24H (price) -

24H (volume) -
OKX

Pair PROPS/ETH 2 one year ago

Market $ 0.0002

Volume 24H $ 2.48

24H (price) -

24H (volume) -
Hoo.com

Pair PROPS/USDT 2 one year ago

Market $ 0.0023

Volume 24H $ 16.28 K

24H (price) 10.77%

24H (volume) -1.44%
KuCoin

Pair PROPS/USDT 3 one year ago

Market $ 0.0120

Volume 24H $ 28.492 K

24H (price) -3.79%

24H (volume) -3.21%
KuCoin

Pair PROPS/BTC 3 one year ago

Market $ 0.0124

Volume 24H $ 819.90

24H (price) -0.84%

24H (volume) -79.14%
BitZ

Pair PROPS/USDT 3 one year ago

Market $ 0.0126

Volume 24H $ 9.842 K

24H (price) -

24H (volume) -
CoinEx

Pair PROPS/USDT 3 one year ago

Market $ 0.0147

Volume 24H $ 509.34

24H (price) -

24H (volume) -
Gate.io

Pair PROPS/USDT 3 one year ago

Market $ 0.1039

Volume 24H $ 89.819 K

24H (price) -

24H (volume) -
Gate.io

Pair PROPS/ETH 4 one year ago

Market $ 0.0609

Volume 24H $ 34.896 K

24H (price) -

24H (volume) -
FatBTC

Pair PROPS/ETH 4 one year ago

Market $ 0.0559

Volume 24H $ 8.555 K

24H (price) -

24H (volume) -
Uniswap (v3)

Pair PROPS/ETH 4 one year ago

Market $ 0.0615

Volume 24H $ 12.86 K

24H (price) 17.75%

24H (volume) -81.53%
TOKOK

Pair PROPS/BTC 5 one year ago

Market $ 0.0189

Volume 24H $ 198.598 K

24H (price) -3.85%

24H (volume) -5.76%
TOKOK

Pair PROPS/ETH 5 one year ago

Market $ 0.0189

Volume 24H $ 24.696 K

24H (price) -3.89%

24H (volume) 15.94%
MEXC

Pair PROPS/ETH 5 one year ago

Market $ 0.0195

Volume 24H $ 156.77 K

24H (price) -0.54%

24H (volume) -3.59%
MEXC

Pair PROPS/USDT 5 one year ago

Market $ 0.0193

Volume 24H $ 1.649 M

24H (price) 2.01%

24H (volume) -1.11%
BKEX

Pair PROPS/ETH 5 one year ago

Market $ 0.0722

Volume 24H -

24H (price) -

24H (volume) -

To be announced

Token Details

Ticker

PROPS

Total supply

696,228,919

Company Details

Registered Country

United States

Additional Details

About PROPS

The Props Project is intended to empower the people who help digital communities thrive, and create better alignment between app developers and their users. Props’ open-source infrastructure creates a decentralized network of apps operated by independent developers, who share an underlying token, benefiting from collective network effects. Props abstracts blockchain’s technological and regulatory complexity for apps, enabling them to easily plug Props Tokens into any app in the network, in order to grant their users unique benefits and a financial stake in the very networks they help grow. Props is backed by Union Square Ventures, Venrock, Comcast Ventures, Zeev Ventures, and others.

The Props Public Benefit Corporation (PBC) guides the development of the Props open source code and tooling, evengelizes for the Props Network and is responsible for awarding grants to developers, app operators and content creators that adopt Props. The Props project was started in 2017 by YouNow, a live streaming app with 50 million registered users. YouNow launched one of the first digital-currency based two sided economies in the US in 2014, and sold over $75M worth of digital currency to its users, sharing the majority of its revenue with content creators. YouNow was also the first app to integrate Props, followed by five other multi-million user apps that have been integrating Props.

PROPS Roadmap

In progress

Create PROPS Foundation

Complete

Launch PROPS-Powered Rize mobile app

Q4 2017

YouNow becomes a B corp.

Q1 2018

Expand use cases

2018

Add additional partners to Ecosystem

2018

Open-source Rize code portions and publish developers APIs

PROPS Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Jonathan Achai

Chief Engineer

Adi Sideman

Founder and CEO

Yonatan Sela

SVP Business Development and Product

Peter Watts

Platform Lead

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Jake Brukhman

Advisor

unverified

Nick Tomaino

Advisor

unverified

Doug Petkanics

Advisor

unverified

John W. Gibbons

Advisor

unverified

Manuel Araoz

Advisor

unverified

Jim Louderback

Advisor

unverified

Ryan Sungho Kim

Advisor

unverified

Max Kogler

Advisor

unverified

PROPS Last News

PROPS Reviews

crushcrypto.com

review

Opportunities:
There is a solid team with relevant experience in place. They were able to build YouNow to a large platform, so it shows their execution capability.
The project is able to leverage off YouNow’s existing community, which can drive adoption of the ecosystem right off the bat.
Props ecosystem allows third party apps to integrate with it. It could have new/different use cases as more apps are added to the platform.
The Whitepaper is pretty detailed and reviewed by a number of veterans in the crypto space. This shows the effort that was put into it and that the project is well-thought-out.

Concerns:
There is a high inflation of circulating tokens which would dilute the proportion owned by ICO participants. By year 4, there will be more tokens minted from partner rewards and grants than from the ICO.
Rize is going to face stiff competition as video streaming is a competitive space with many established and deep-pocket companies including Youtube, Facebook, Snapchat, as well as other many-to-many video streaming companies such as Blue Jeans.
All the team members also work for YouNow and have to allocate time between YouNow and PROPS/Rize.

Conclusion:
Overall, we like the short-term potential for this ICO but are neutral about its long-term potential. Our thoughts of the tokens for short term and long term are as follows:
For short-term holding
Good. The project is backed by strong advisors and investors and has a strong market awareness. It should have no problem reaching the $25 million hard cap with unmet demand.
For long-term holding
Neutral. There will be a lot of tokens entering into circulation each year, meaning that the market cap of the project needs to keep growing for token price to just break even.

icocrunch.io

review

PROPS is a well-conceived project making good decisions. Giving access to the platform to third party developers and utilizing YouNow’s already existing audience are all parts of a sound strategy. The project is backed by a strong team, even if it has to simultaneously work on the already functioning YouNow and PROPS/Rize.
However, the project will have to face powerful competition. Snapchat, Youtube, Facebook – and the list of competitors doesn’t end here. A lot hinges on the success of the Rize application and its ability to stand up to its rivals.

PROPS

About PROPS

PROPS Roadmap

PROPS Team

Advisors

PROPS Last News

DISCLAIMER & RISK WARNING