Props, a social media token project, was one of the first to receive a Reg A+ qualification. It's now shutting down.
Props is hoping the move onto public blockchain Algorand will help it expand.
Listia's marketplace for used-goods is ditching its native XNK token in favor of YouNow's props.
YouNow says two other peer-to-peer sites are now integrating its props token: Camfrog and Listia.
Since the token launched in early July, more than 230,000 YouNow users and content creators have been given 'Props.'
YouNow has filed an offering circular with the SEC – for a token that it intends to give away.
Crypto tokens are making some companies, especially those with existing virtual currency businesses, rethink the way they make a profit.