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Yash Tailor

Let's sell shovels t...Ā ā€¢Ā 1y

This is related to decentralisation. Most of the current youth whole heartedly follow influencers. I have an idea to create a trading app for influencers. Influencers cab list their channel public by going through initial token offering. People can b

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Havish Gupta

Figuring OutĀ ā€¢Ā 1y

So it is almost like a stock market, where a channel is listed?

Yash Tailor

Let's sell shovels t...Ā ā€¢Ā 1y

That is correct

Havish Gupta

Figuring OutĀ ā€¢Ā 1y

So the token price will change based on their perceived value? If yes, then it sounds great. Even i saw many channels at their start and knew they are gonna be big. This will be great

Yash Tailor

Let's sell shovels t...Ā ā€¢Ā 1y

Yes exactly! Say if a channel as you said is doing great, you will buy tokens and hold it, the time it turns bigger, demand increaes and so does the share price :)

Havish Gupta

Figuring OutĀ ā€¢Ā 1y

That's great idea bro. And the Channel Owner will have to list his tokens. They won't be available from start?

Yash Tailor

Let's sell shovels t...Ā ā€¢Ā 1y

Thenks buddy. That is correct. Just like IPO. They will list say 1000 shares, each share worth say 5 youth tokens. People will trade, as demand increases possibly each share is now available at 11 youth tokens. Even youth token price varies. It's lik

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Havish Gupta

Figuring OutĀ ā€¢Ā 1y

Ooh even dividends. That's great.

Yash Tailor

Let's sell shovels t...Ā ā€¢Ā 1y

:) I did create a project during my undergrad on the same. I feel I never went into its execution in terms of like scaling it and like talking to people whether it's feasible and how I can go about getting investments and all.

Havish Gupta

Figuring OutĀ ā€¢Ā 1y

So if your prototype is ready, then you can apply to wtf fund, etc

Yash Tailor

Let's sell shovels t...Ā ā€¢Ā 1y

Ohh is it? Lemme go through it. The prototype is bare min. I still need to enhance it to make it much better. What do you think about this idea though? Do you think crypto will be better or I can play around with actual cash too? I believe since the idea is pretty new. Having something like a token helps users take away the pain of having spending rupees. Initially 1 Youth Token can be worth 1 ruppee or even less. It facilities easy user aquisition and double investment. Investment in the token and the channel.

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