Props is a network built to reward application users with a financial stake in the network they contribute to.
Props is built to empower the people who help digital communities thrive.
Props was founded in 2017 by Adi Sideman and Yonatan Sela. The company is headquartered in New York City, New York.
Props provides open source infrastructure for a network of apps capable of transparently and fairly rewarding users with a shared token.
The Props platform abstracts blockchain's technological and regulatory complexity for apps, enabling them to easily plug Props Tokens into any app, in order to grant their users unique benefits and a financial stake in the very networks they help grow.
Props is backed by Union Square Ventures, Borderless Capital, Venrock, Comcast Ventures, Zeev Ventures and others. The company raised $2M in a new round on Apr 30, 2020. This brings Props' total funding to $7.5M to date.