Crowdholding Update: New Rewarding System & User Pitch, Crowdholding on the Road and UI Improvements Crowdholding Follow Nov 30, 2018 · 4 min read

Hello Crowdholders,

It’s been a bit of time since our last update. Back at the end of October we went to Crowdsourcing Week in Washington DC, where we got to interact with companies in the crowdsourcing industry. This allowed us to get a better grip of their business model, which spurred interesting ideas on how we can utilise some of their practices. Ethan Clime, our CEO, also made a presentation on the potential of crowdsourcing in the crypto scene.

While Crowdsourcing Week was on in USA, other members of our team went to Ethereum Devcon IV, which had an amazing 3,000 attendees this year. Being hosted in Prague, it was quick to reach from our office, so we had the chance to meet the amazing crypto community and learn about the exciting new projects and infrastructure being built within the Ethereum network. As a company it’s important we collaborate and support this network as we are connected to the Ethereum Blockchain, and be a part of it to make it succeed.

Platform Updates

A major update to the Crowdholding platform is the update of the rewarding system and new UI design for all forum based tasks. So far the results are great, as we are seeing more votes than comments, as well as an improvement in written content. This is exactly what we wanted, and we couldn’t have done this without the valuable feedback from all of you on the application.

So how does the new rewarding system work? It’s simple as 1,2,3.

The reward is now split between Commenters and Voters.

Commenters receive 65% and Voters get 35% of the reward.

Top 50% of upvoted comments receive larger share.

Users have a limit of 7 upvotes per task.

All votes are hidden until the task has expired.

So this means that as a voter can earn tokens simply by voting on comments you think are good. In order to earn you need to decide what are the best ideas from the comments and others need to agree. Pretty cool right? This allows us to rank the comments truly on the crowd’s opinion on the best ideas.

On that note you can see how slick the new UI is

Pitch is now Showcased on your Profile

Under your account options you can add your pitch for people to see what you are about. The pitch will showcase under you name in your comment feed. We encourage everyone to fill this out, to showcase you as a “real person, with real knowledge.”

Fill free to leave comments below, and make sure to add a pitch to your account!

PS: On top of the new voting system and UI changes, we recently exceeded over 30k signups on the platform and we are continuing to grow our userbase on a daily basis! We would like to thank everyone who has signed up and uses the platform.

Happy crowdsourcing everyone!

You can keep up to date with what is happening at Crowdholding by visiting our platform or Check out Crowdholding out on our social media: