我们正在推出PROPS，一种支持社交的加密货币 参与数字媒体和Rize的新平台 交互式视频，这将是PROPS令牌的第一个大规模 采用者和冠军。 Rize是一个连接的开放视频平台 通过标记化虚拟技术开创多对多视频技术 游戏玩法和经济激励措施 参与者。 与PROPS一起发布，并与YouNow的社区一起播种 Rize将推广加密货币。瑞兹会 作为PROPS生态系统的初始成员 由PROPS支持的应用程序和平台 按比例透明地奖励参与者 对网络的贡献。一半的PROPS供应将会是 由一个非营利基金会负责分发 跨生态系统，激励第三方应用程序 开发者，内容贡献者和用户加入PROPS 生态系统，以建立一个以用户为中心的当今选择 高度集中的数字媒体格局。
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 holdingGood. 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 holdingNeutral. 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.
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.