PROPS

PROPS

Created using Figma
Created using Figma
A decentralized ecosystem of video applications.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • KuCoin
    PROPS/BTC 16 minutes ago
    $ 0.1067
    $ 22.173 K
    -8.08%
    -82.42%
  • KuCoin
    PROPS/USDT 16 minutes ago
    $ 0.1062
    $ 108.697 K
    -7.94%
    -85.07%
  • BitZ
    PROPS/USDT 29 minutes ago
    $ 0.1064
    $ 1.187 M
    0.87%
    -62.18%
  • OKEx
    PROPS/USDT 40 minutes ago
    $ 0.1063
    $ 476.546 K
    -6.50%
    -86.57%
  • OKEx
    PROPS/ETH one hour ago
    $ 0.1067
    $ 33.969 K
    -6.50%
    -85.17%
  • Hoo.com
    PROPS/USDT one day ago
    $ 0.0930
    $ 23.335 K
    -
    -
  • Gate.io
    PROPS/USDT one month ago
    $ 0.1039
    $ 89.819 K
    -
    -
  • Gate.io
    PROPS/ETH 3 months ago
    $ 0.0609
    $ 34.896 K
    -
    -
  • FatBTC
    PROPS/ETH 5 months ago
    $ 0.0559
    $ 8.555 K
    -
    -
  • Uniswap (v2)
    PROPS/ETH 7 months ago
    $ 0.0615
    $ 12.86 K
    17.75%
    -81.53%
  • TOKOK
    PROPS/BTC one year ago
    $ 0.0189
    $ 198.598 K
    -3.85%
    -5.76%
  • TOKOK
    PROPS/ETH one year ago
    $ 0.0189
    $ 24.696 K
    -3.89%
    15.94%
  • MXC
    PROPS/ETH one year ago
    $ 0.0195
    $ 156.77 K
    -0.54%
    -3.59%
  • MXC
    PROPS/USDT one year ago
    $ 0.0193
    $ 1.649 M
    2.01%
    -1.11%
  • BKEX
    PROPS/ETH one year ago
    $ 0.0722
    -
    -
    -
To be announced
Token Details
Ticker
PROPS
Company Details
Registered Country
United States
Additional Details
Categories
Platform, Media

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
  • Read More
  • 2018

  • Add additional partners to Ecosystem
  • 2018

  • Open-source Rize code portions and publish developers APIs

Activity

Followers:
9 154
HIGH
Tweets:
658
VERY HIGH
Fake Users Detected:
1.64%
30 Days Growth:
198

PROPS Team

Verified 0%

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

Jonathan Achai
Chief Engineer
unverified
Adi Sideman
Founder and CEO
unverified
Yonatan Sela
SVP Business Development and Product
unverified
Peter Watts
Platform Lead
unverified

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

$ 0.1086
-8.24%
Crypto Stats
Daily, %:
-8.24%
Weekly, %:
35.38%
Monthly, %:
-3.64%
Market Info
Market Cap:
$ 29.209 M
Volume 24h:
$ 2.643 M
Circ. Supply:
268.176 M PROPS
Ticker:
PROPS

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.

Read More
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.

Read More
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