The team sits down w/ Peter Watts of PROPS to discuss how Crypto loyalty rewards can help users gain stake in their favorite apps, how Props was built out from YouNow, discussing play-to-earn models, past ICO and recent fundraising rounds, as well as building on Algorand and Ethereum.

Propshttps://www.propsproject.com/https://twitter.com/PROPSproject

2:00 Peter’s Story5:18 What is Props? How token economies work within applications8:45 Reward Structures10:33 What type of Apps will work w/ Props?13:34 Can Props be used alongside other applications like Twitch?17:28 Props User #s19:15 Breaking down recent $2million raise 21:47 How do educate a non-crypto user about Props token?25:34 2017 and ICO History31:24 Breaking down Algorand and Ethereum technicals35:15 Validator Sets with Props 37:29 Smart Contract Platforms discussion40:41 Psychology of Play-to-Earn models45:05 Book Recommendation

Anything in particular that you'd like to hear form us in the next episode of Layer 1? Let us know in the comments!

Sutler Ventures - https://sutlerventures.com/Twitter - https://twitter.com/layer1podTwitter - @SutlerVentures Telegram - @SutlerVentures___________________________________________

All the songs, images, and graphics used in this video belong to their respective owners, Sutler Ventures nor this channel claim any right over them.