CS持有人会成为特别用户——管理者，并有权获得平台分红。

6月27日，PledgeCamp CEO J Choi做客深链财经线上沙龙，主要围绕着"Facebook前发言人，Ripple副总裁力荐，解锁PLG的散户投资机会"进行分享。

J Choi是PledgeCamp CEO，Pledgecamp是众筹平台，采用区块链技术实现安全和问责。以下为PledgeCamp CEO J Choi的分享内容，深链财经略有调整，中文翻译与英文对照略有删减：

【深链原创】

文丨易小点

PledgeCamp众筹平台更开放、更分散

Pledgecamp是区块链上的众筹平台——我们称之为众筹2.0，它是众筹平台。投资者受到业内首个第三方托管智能合同系统的保护，并因参与该系统而获得加密令牌。分散式的用户治理、零工经济和接入方式，使该网络得以成倍增长，将众筹服务带给企业家。我们的目标是在公司和社区之间建立一个平等平台，给企业家机会。

Pledgecamp is crowdfunding on blockchain–we call it crowdfunding 2.0; It is a crowdfunding platform that unites the decentralized systems of crowdsourcing and blockchain. Backers are protected by the industry’s first escrow smart contract system and are rewarded for participation by cryptographic tokens. Decentralized user governance, gig economy and access allows the network to grow exponentially and bring crowdfunding to entrepreneurs. Our goal is to level the playground between companies and the community as well as give everyone in this world a chance to call themselves an entrepreneur.

Pledgecamp长期目标是实现透明度和问责制。有大量可寻址的金融部门让投资者蒙受到了损失，同时也削弱了他们对社区的信任。

Pledgecamp’s long term goal is to bring social impact here as well as bringing transparency and accountability to where it belongs. There are big addressable financial sector that leaves investor at loss along with diminishing their trust within the community.

这就是为什么我们想从垂直产品的众筹开始，并扩展到股权，P2P借贷以及慈善机构——所有垂直行业都应该接受DAICO，以确保这些行业的责任和透明度。

This is reason why we would like to start with product crowdfunding vertical initially and expand into equity, p2p lending and charity as well - which all the verticals should embrace DAICO to make sure accountability and transparency is brought to these industry.

我们希望自身是一个完全透明的平台，同时也是任何人都可以从任何地方筹集资金的平台。我们的希望能够解决潜在问题，并将其扩展到不同的垂直领域。

We want to be known as platform with full transparency yet a place where anyone from anywhere can raise money. Bringing the technology that can provide solution to underlying problem that can have ripple effects into further problem solving is really our goal with expanding into different verticals.

众筹行业目前面临重重困境，包括大型众筹平台Kickstarter：沃顿大学的一位教授发现，仅在Kickstarter上，85%的项目被推迟，多达14%的项目没有按照承诺兑现。这相当于自Kickstarter成立以来浪费了500多万美元的捐款资金。

Let me also give you in perspective how big of a problem crowdfunding industry is currently facing by going through major crowdfunding platform called Kickstarter:On Kickstarter alone, a Wharton University professor found that 85% of projects delay and up to 14% fail to deliver as promised. This equates to over $500MM in wasted contribution money since Kickstarter was founded.

众筹给了无数企业家机会，对企业家而言最重要的是平台的透明度，以及追责。

This is an immense problem and one that we are intimately familiar with. Crowdfunding has given countless entrepreneurs new opportunities that would have been impossible, so solving these issues with transparency and accountability is important for countless future entrepreneurs.

与Kickstarter等竞争对手相比，我们的竞争优势在于能够以更开放、更分散的方式进行更大规模的扩张，以及通过卓越的功能和更少成本来吸引新用户。

Our competitive advantage over centralized competitors such as Kickstarter is the ability to scale larger in a more open and decentralized manner, and superior features and cost savings to attract new users.

在加密空间中，还没有出现像Acorn Collective、Starbase以及其他一些小型平台这样的新项目。团队拥有比这些其他竞争者更强的行业经验、顾问和产品。

In the crypto space, no major player has emerged among new projects such as Acorn Collective, Starbase, and a few other minor platforms. The team possesses stronger industry experience, advisors, and a stronger product than these crypto competitors.

我们的主要竞争对手是Kickstarter和Indiegogo，我们的最终目标是为用户投资这些公司，并将我们优秀的产品推广至各地。

Our main competition will be Kickstarter and Indiegogo, and our ultimate aim is to acquire these companies for their users and spread our superior product worldwide.

Kickstarter只允许在22个国家(占世界的11%)和那些拥有银行账户和信用卡的人(世界上35%的成年人没有银行账户)使用。

Kickstarter is only allowed in 22 countries (11% of the world) and those who have eligible bank accounts and credit cards (35% of adults in the world are unbanked).

Kickstarter和Indiegogo自2009年因资助艺术项目和音乐会收到了很大的欢迎，但是一直没有其他创新。Kickstarter一直拒绝改变，甚至没有中国员工，尽管他们50%的收入来自于中国制造的技术和产品。

Kickstarter and Indiegogo have not innovated since becoming popular in 2009 for funding art projects and music concerts. Kickstarter has resisted change and does not even have a full time employee in China although 50% of their revenue is from tech and design products mostly built in China.

如果任何一个政府想为支持者提供保险，他们将承担难以置信的成本和风险。他们需要成为大额资金的保管人，保护这些资金不被盗窃和黑客窃取。他们将需要充当有很大争议的调解人。因为，如果由谁来决定谁将得到这笔钱，肯定会有诉讼和客户投诉。

If any centralized party wants to offer Backer Insurance, they will take on incredible cost and risk. They will need to be a custodian of large sums of money and protect it from theft and hackers. They will need to act as mediators in disputes, because if it is up to them who receives the money there will surely be lawsuits and customer complaints.

为支持者提供保险的唯一公平方式是协调各方的激励措施，并允许支持者自己民主投票。明智的合同将保护资金，并使过程公平和透明。没有任何其他区块链众筹竞争对手拥有比我们提供的更多功能；作为一个团队，我们比其他多数众筹项目都更有经验，拥有更高知名度的投资者。我们重新设计了全新的核心模型，并带来了创新。

The only fair way to do backer insurance is to align incentives of all parties and allow the backers themselves to vote democratically. The smart contract will protect the funds and make the process fair and transparent. No other blockchain crowdfunding competitor has backer insurance or any of the other features we do; as a team, we are way more experienced with higher profile backers than any other crowdfunding project. They simply use crypto for crowdfunding, but we completely re-engineered the core model and brought lots of real innovation to it.

Pledgecamp代币模型

Pledgecamp支持两个代币模型/系统:

Pledgecamp supports two token model/system:

我们的平台使用的是ERC20通证，称为质押币(PLG)——它就像任何加密货币一样，它具有透明度且对更多的人开放访问。需要PLG代币来支持分散的投票和控制Backer保险钱包，使用平台管理的账户和平台储备对于减轻货币估值对使用和使用的影响是必不可少的。用户还可以将PLG作为非交易的筹码，并有效地将其转化为CS（营地股份）。

Our platform utilizes an ERC20 utility token called Pledge Coin (PLG) - which is just like any cryptocurrency in that it allows transparency and open access to more people. PLG token is required to enable the decentralized voting and control of Backer Insurance wallets, with the use of platform managed accounts and a platform reserve essential to mitigating the effects of currency valuation on usage and adoption. A user can also stake PLG to non-trading and effectively turn it into CS (Camp Share).

CS持有人会成为特别用户——管理者，并有权获得平台分红。意思就是，一个用户是管理者的话，他可以拥有所有已发行CS的1%分红。

CS holders become special users called Moderators, and are entitled to receive the listing fees generated by the platform. Let’s say a user is a Moderator and owns 1% of all CS outstanding.

提醒一下，并非所有的PLG都是CS，CS的总量将小于PLG的总供应量。作为管理者，用户会收到一封电子邮件，如果活动被用户标记为销售非法药物。管理者有权核实该活动是否违反规定，并和其他管理者投票将其删除。因为管理者付出劳动，在该月底，他将收到费用。在Kickstarter网站上，每天的费用很容易就可以达到10万美元。

As a reminder, not all PLG will be CS, so the total pool of CS will be smaller than the total supply of PLG. As a moderator, this user gets an email that this campaign was flagged by users for selling illegal drugs. The moderator has the power to verify this campaign is in violation and votes to remove it along with other moderators. Because the moderator did his job, at the end of the month, he will receive listing fees. On Kickstarter, listing fees are easily $100,000 per day.

如果Pledgecamp产生类似的费用，该管理者将在30天内获得该费用的1%，即30,000美元。在任何时候，如果管理者想要清算他们的CS，他们可以将CS重新投入PLG，但这需要30天的时间。

If Pledgecamp were generating similar fees, this Moderator would earn 1% of this for the month, or $30,000 USD in 30 days. At any time, the Moderator can unstake their CS back into PLG if they want to liquidate it, but it will take 30 days of vesting.

提问环节

深链财经：自从币安DEX和币安链主网上线以来，众多项目与币安建立合作，并向币安链进行迁移，为什么PledgeCamp也迁移至币安链上?迁移至币安链上后，PledgeCamp有哪些变化?

Since Binance DEX and Binance mainnet have been launched, lots of projects immigrated to Binance chain. Why PledgeCamp choose Binance DEX, and what changes will happen to PledgeCamp?

J Choi：Binance DEX与Binance团队合作时，我们非常激动地听到他们的目标是要解决DEX低容量，UI体验以及管理糟糕等问题。

When we first engaged with Binance team in regards to Binance DEX, we were very thrilled to hear their goal on disrupting typical perception of DEX having low volume, poor UI and driven by poor management.

Binance DEX是在一个高性能的区块链引擎“Tendermint Core”上创建的，它可以提供一秒出块的速度，不亚于中心化的交易所。简单地说，这意味着Binance DEX可以处理与Binance.com及其他中心化交易所相同的交易量。

Binance DEX is created on a high powerful blockchain engine "Tendermint Core" with one-second block times, that provides the speed, which is also the same to centralized exchanges. Simply put this means Binance DEX can handle the same trading volume as Binance.com and any other centralized exchanges are handling currently.

此外，Binance DEX纯粹以社区为重点，并在其中提供诸如用户完全控制私钥，分散订单以及一秒出块时间内完成匹配等优点。我们预见交易所迟早会实现真正的“权力下放”，并使其更多地受社区驱动，而不是中心化的控制并拿社区/用户的资金冒风险。

Furthermore, Binance dex was purely community focused and driven where it offers advantages such as private keys under user’s control, decentralized order book as well as matching with one second block time. We foresee exchanges sooner or later moving into and abiding by true definition of “decentralization” and having it more community driven than centralized authority controlling and putting community/user’s fund as risk.

Binance团队的愿景以及他们的执行能力让我们毫不费力地迁移到了Binance Chain，并让我们选择Binance DEX作为最初合作伙伴之一。

Binance team’s vision as well as their execution skills truly made it no brainer for us to migrate onto Binance Chain and choose Binance DEX as one of initial listing partners to move forward with.

深链财经：阿里合伙人曾鸣曾讲，“目前区块链唯一解决的问题是众筹”， 对此J Choi是否赞同?同时，市面上现有的区块链众筹平台繁多，Pledgecamp与普通的众筹平台有哪些区别?

Mr. Zengming, the co-founder of Alibaba used to say that the only problem that the blockchain technology can solve is crowdfunding. Do you agree with this? And now, there are lots of blockchain crowdfunding platforms, what’s the difference between Pledgecamp and other platforms?

J Choi：曾鸣先生绝对正确，众筹和区块链是完美结合在一起的应用。它们都是权力下放的平台，赋予人民权力，试图抓住人群的力量为自己谋利。

Mr. Zengming is absolutely correct that crowdfunding and blockchain are perfect applications to combine together. They are both decentralized platforms that empower the people, and do away with centralized authorities that try to capture the power of the crowd for their own gain.

目前，在众筹领域没有哪个平台拥有和我们类似的Backer Insurance机制和创新的通证经济。

Currently, no crowdfunding exists with the key features of Backer Insurance and our innovative token economy.

此外，我们的团队以前都是创业者，来自Kickstarter平台上融资较多的众筹项目（前1%）。目前，我们已经帮助过其他项目筹集了数百万美元，同时我们的顾问团队都非常有经验，知道当前的平台缺失哪些更成功的要素。

In addition, we are building the platform from the ground-up as a team of former creators ourselves, for future creators —we are among the top 1% most-funded and successful project creators on Kickstarter and have helped other projects raise millions of dollars as well. Along with our team of advisors, we are experienced to know what the current platforms are missing to be more successful.

此外，Pledgecamp是我们的团队和MetaLab合作设计的，MetaLab是世界著名的UX / UI设计公司，曾和Coinbase，Slack和许多其他公司合作。

In addition (and most importantly), the platform is designed in collaboration with our team and MetaLab, a world-famous UX/UI design firm responsible for creating Coinbase, Slack, and many others.

深链财经：大家都称2019年是小牛市，目前比特币已经突破一万美元，J Choi有哪些投资建议给用户?

last question，Some people say that 2019 is a bull market, now BTC is more than 10 thousand USD. What investment advice that you will give to our audience.

J Choi：我们刚刚进入牛市，目前的时期很可能是重新累积期。熊市（2018年）期间出现BTC哈希值上涨，目前的市场状况更多是扩张并进入重新累积期。

My opinion is that we are just barely entering a bull market and current period is mostly likely re-accumulation period. There has been BTC hashrate pick up during the bear market (2018).

一旦BTC减半结束或者可能在减半中时，市场就会有较大的行情。历史中已经在2013年和2016年得到证实，大量的减少，也推动了替代币种。个人认为2019年第三季度将是大规模的重新累积期，直到2019年第四季度结束。如果有人想要多样化投资，这可能是一个很好的时期，但这只是我的意见，在投资决策方面，大家应该做自己的研究。

I do foresee massive bullrun once BTC halving concludes or perhaps in midst of halving. It is historically proven in 2013 and 2016 there has been massive run with halving which also drove up alt coins. Personally 2019 Q3 will be massive re-accumulation period up until end of 2019 Q4 - if someone is looking to diversify, this might be good period to do so; But once again this is my opinion only and people should do their own research when it comes to investment decision.