In 1916, Henry Ford had an amazing vision: to share the 40 million in company dividends with his employees in the form of bonuses, as well as with his customers, via reduced cost of vehicles. This is because he believed that by giving back to his employees and customers, they would, in turn, invest in more Ford vehicles in the future. Such a strategy would only increase his company’s, yielding a higher yearly dividend. Unfortunately, before he was able to implement this concept, the Dodge brothers sued him over concerns they had related to their share of the company (which was only 10%). The court sided with the Dodge brothers, refusing to consider Ford’s argument on how such an innovative endeavor could incredibly benefit both society and the company.
Fast-forward 100 years to 2016. Eight of the richest people in the world now represent 50% of humanity’s wealth. This is a significant decrease in the dispersement of wealth worldwide since 2010, when 64 people were the representatives of humanity’s wealth. We argue that: Capitalism today is on steroids! With jobs becoming automated by technology, the richer continue to get richer, while the poor get poorer: the global gap between the rich and poor only continues to grow. At this rate, within 20 years half of all American jobs will become automated by technology. Such a system will inevitably collapse. So what do we do?
It is simple:
Crowdholding connects the crowd with entrepreneurs, allowing them to give ideas and feedback in exchange for future revenue.
To improve the quality of life of our employees and customers.
On Crowdholding.com, startups have ways to co-create their products with early adopters, get help from experts, or even get crowdfunded. In exchange, startups will redistribute part of their future revenue to the crowd through YUPIE tokens and our fair revenue-distribution system.
Changing the system
Crowdholding is a decentralized open innovation platform that connects entrepreneurs and the crowd. The goal of Crowdholding is to create an independent ecosystem where businesses and supporters create products and share the revenue.
Supporters from around the world are willing to validate products, unleash criticism, and voice opinions. This great potential simply needs facilitating. Crowdholding is designed to do exactly that - to facilitate the world’s potential through co-creation. We see a future where people choose who they want to support and be paid for supporting businesses they love.
Our ultimate vision is to create a decentralized open-innovation platform to help early-stage products, from both small and bigger organizations, being co-created with their users.
ICO will be launched on 1st of November