You are on the website for our Regulation A offering of Props at www.propsproject.com/offering. You are not on the Props
Project website at www.propsproject.com. No securities are being offered pursuant to the Regulation A offering on or
through the Props Project website at www.propsproject.com.
You have left the website for the Props Offering Circular at www.propsproject.com/offering.
The PROPS Token Sale has hit its hard cap.
Investments were allocated on a first-come,
Please join the
PROPS mailing list and
Telegram group to receive
regular updates ahead of the PROPS network launch in Q1 2018.
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.
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 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.
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.
Props, a cryptocurrency token founded by the makers of livestreaming platform YouNow, has been approved for use by the Securities and Exchange Commission (SEC). That said, Props holders still cannot exchange the nascent tokens for fiat currency.
Props were first unveiled in 2017, and were initially intended to power an all-new livestreaming platform from the makers of YouNow called Rize, which was subsequently merged into YouNow.
Coinbase Custody announced the addition of the recently Reg A+ certified Props token to its custodial listings.
The institutionally-weighted, and independently-funded custodial wing of Coinbase will provide cold storage as well as a wallet for holders of Props.
After cracking down on ICOs, the SEC just okayed the first two RegA+ tokens that offer an alternative way for anyone to gain a financial stake in a company, even unaccredited investors. Blockstack got approved for a $28 million digital token sale to raise money, while influencer live-streaming app YouNow’s spin-off Props received a formal green light for a consumer utility “Howey” token users can earn to get loyalty perks in multiple apps.
Props has already raised $21 million by pre-selling tokens to Union Square Ventures, Comcast, Venrock, Andreessen Horowitz’s Chris Dixon and YouTuber Casey Neistat, so it isn’t raising any money with the RegA+ by selling its tokens like Blockstack. Instead, users earn or “mine” Props by engaging with apps like YouNow, which will award the tokens for creating broadcasts, watching videos and tipping creators.