Props Webinar Phase 2 | User Capital VS Equity Capital

Shareholding system and great voyage

It is no exaggeration to say that the joint-stock system has promoted the development and prosperity of modern human commercial civilization.

From the 15th to the beginning of the 16th century, mankind entered a period of great geographical discovery, and the opening of new sea routes greatly improved world trade. At that time, Spain, Portugal, the Netherlands, and the United Kingdom developed overseas and carried out long-distance trade. However, for the people at that time, long-distance voyage was a high-cost and high-risk thing, and it required a large amount of capital to promote it.

As a result, a joint-stock economic organization called "commeda" came into being. Commeda is engaged in overseas trade and is responsible for raising capital. It is operated by special personnel, and the profit is distributed through negotiation between the fundraiser and the operator. Later, this kind of organization developed to inland cities, and urban commercial organizations with shares appeared. This kind of share economy is generally organized by the free city-state, and the official conducts business supervision. At that time, in order to encourage businessmen and capitalists to accumulate capital and expand overseas to grab more wealth, Western countries not only provided legal protection for share capital raising, but also granted privileges such as franchising and tax exemptions, which created external conditions for the emergence of joint stock systems. .

Today, the joint-stock system is still the mainstream of the commercial society, and it continues to play a role. However, the advent of the blockchain and digital economy also allows us to see another possibility beyond the shareholding system - User Capital!

User capital: the new driving force of the commodity economy"Ownership Economy"Core.

Core.

We can see that with the continuous development of the network, the power and influence of individuals are further amplified through network benefits. In this process, the creativity and value produced by individuals (such as Wei Ya and Li Dan) even exceed the social value that joint-stock companies can produce. In this scenario, the shareholding system can no longer match the personal value, and the contradiction between the individual and the company arises from this.

We can fully feel the existence of this contradiction from the conflict between Chizi and Xiaoguo culture. As a core member of Xiaoguo Culture, Chizi does not own the company's shares, and Li Dan (Li Ruichao) only owns 4.92% of the shares. In addition, this contradiction also commonly exists in the sharing economy. Whether it is Facebook, Twitter, YouTube or Uber, their success is inseparable from every participant in the online community, but the interests of enterprises are firmly controlled by capital under the equity system. Even though YouTube will share advertising revenue with online video creators, it is a drop in the bucket compared to the value generated by users. In the sharing economy, the network benefits that should have been shared with users have been seized by equity capital.

And all of this will be changed by the advent of blockchain "ownership economy" and "user capital"! The natural integration of blockchain Token Security and Utility attributes makes it possible for user capital, a new form of social capital. In the new business model, users are not only the creators of network value, but also can enjoy the gain of network value by holding Token. Users not only have the right to use the product, but also have direct ownership that can be used for circulation and transactions.

At 20:00 on 11.3 (Tuesday), [Props Webinar Phase 2: User Capital VS Equity Capital] will be held in the live broadcast room of Props B station. In this live broadcast, we are honored to invite Mandy Wang Mengdie, the founder and CEO of Odaily Sunday Daily, as the guest host, and Qu Ming, the founder of Magic Circle, and Liu Zhiyi, the director of SenseTime Intelligent Industry Research Institute, to share.

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Founder and CEO of Odaily. Graduated from Fisher School of Business, Ohio State University, USA, worked in Huaxing Capital, BlueFocus, FT Chinese Network, etc.; former 36 Krypton senior author/commercial director/blockchain channel leader;

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The founder of Magic Circle, the vice chairman of Zhongguancun Blockchain Industry Alliance, and also the initiator of Encrypted Finance Lab. Served as the vice president of the Nasdaq listed company group and presided over the development of a series of blockchain innovation projects.

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He is currently the director of SenseTime Intelligent Industry Research Institute, a researcher at the Artificial Intelligence and Blockchain Laboratory (AIBI) of Tongji University, and the chief digital economist of the China Blockchain Technology Reform Alliance. His main research fields include artificial intelligence, smart economy and digital economics etc.

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At the same time, we have prepared a token reward of 1,000 Props for users who participated in the live broadcast. You can get rewards in the following two ways:

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1. After the live broadcast starts, follow Props official Bilibili live broadcast room;

We will select the fastest 3 and the last 2, and each will give 100 Props.

2. Ask questions during the interactive session;

Everyone is welcome to actively participate in the interaction and win Props rewards!

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About Props

As a BaaS (Blockchain as a Service) service provider, Props can implement for Web2.0 App: ¹Tokenization of the internal points system; ²Issuance of compliant App Token; ³Community governance and other functions, providing one-click API services.

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About Props Webinar