Financial stake in the network
For the first time, community members who contribute to the success of the network will earn a financial stake in its overall value. Think of Props as representing your participation in the platform that you’ve spent countless hours on and helped grow. A “financial stake in the network” means the ability to participate in an increase in the value of Props if the use of our platform increases and results in an increase in the demand for, and therefore the value of, Props. Holders of Props will not receive an interest in the profits or losses of YouNow, Open Props Inc., Props PBC, any other YouNow affiliate, any rights to distributions from YouNow, Props PBC, any other YouNow affiliate, or any legal or contractual right to exercise control over the operations or continued development of YouNow, Open Props Inc., Props PBC or any YouNow affiliate.
Improved status in the community
Every Props you earn contributes towards your next status level. The more Props you hold, the higher your level will be.
More free in-app currency every day
YouNow rewards users with a daily bar bonus. Bars can be used to send gifts and stickers during broadcasts. The more Props you earn, the greater your daily bar bonus.
Access to exclusive gifts
Users that have reached certain level milestones by earning Props will unlock discounted exclusive gifts that can be sent during broadcasts.
The Securities and Exchange Commission (SEC) has qualified the offering statement that we have filed with the SEC. The information in that offering statement is more complete than the information we are providing now, and could differ in important ways. You must read the documents filed with the SEC before investing. The offering is being made only by means of its offering statement. This document shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
An indication of interest involves no obligation or commitment of any kind. Any person interested in investing in any offering of Props Tokens should review our disclosures and the publicly filed offering statement and the final offering circular that is part of that offering statement at http://offeringcircular.propsproject.com/. YouNow is not registered, licensed or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) or any other financial regulatory authority or licensed to provide any financial advice or services.
This communication contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, statements about our plans for developing the platform and future utility for the Props Token, our Reg A+ offering and launch of our network, and collaborations and partnerships. These statements involve risks, uncertainties, assumptions and other factors that may cause actual results or performance to be materially different. More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion & Analysis” sections of our offering statement on Form 1-A. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.