Based on the human capital investment theory, the SelfSell platform realizes low-cost personal fundraising and applies it to its own education, training, physical and mental health and other fields. SSC (SelfSell Coin) provides individual users with systematic solutions such as token issuance services, including token issuance, listing on exchanges and other equipment support, such as personal credit rating models and risk assessment models.

Project Vision

What SelfSell wants to do is to give these potential people the opportunity to pursue their dreams when they have no financial resources.

SelfSell tries to provide a platform. This platform is like Nasdaq, on which many value assets based on personal value are listed. SelfSell itself is Nasdaq with personal value as assets. It wants to help everyone with Anyone with great potential can complete their own "IPO".

Project Highlights

SelfSell is based on a Nasdaq with people as assets. It is a project that connects the present and the future. SelfSell obtains resources from the future to the present, and realizes it directly by selling a part of future income. Put it in the present, use these resources to amplify the value of life, and realize additional value output. It returns to the middle of the future, and in the long river of time in the future, it will gradually return the resources invested at that time bit by bit. SelfSell will build a platform for individuals to conduct IPOs, and use "human value" as a tradable asset to help everyone in the world do IPOs, realize personal future income discounts and circulation at this stage, and help everyone in the world Obtain more resources at this stage to enhance the space for future development.

Application scenario

1. Basic operation mode

The operation mode of SelfSell is partly similar to that of ordinary corporate asset listings. They all need to complete the review before entering the platform, but it will be simpler.

First of all, from the investee, such as a classmate who has just been admitted to Peking University, or a young man who is talented in music, as long as he is full of hope for his future and thinks his future is valuable, he needs financial support at the same time. To fulfill one's dream, then, TA can contact the SelfSell team and provide the team with basic information, especially information related to personal value potential. But this cannot enter the market for value circulation. TA also needs to answer investors' questions and get enough support, which is votes. Only when certain standards are met can TAs enter the coin-raising process and issue personal tokens.

If you are a young man with great talent in tennis and estimate your income in the next 10 years at 40 million yuan, among them, you are sure to sell 5% of it, which is 2 million yuan, and the issuance value is 2 million yuan The SelfSell tokens are circulated in the secondary market, and tokens are purchased by initial investors and secondary market investors. After the tokens were purchased, the investee received 2 million yuan in financing. After that, the investee needs to give 5% of the investor's annual income as a return every year during the future blockchain-based contract period.

The SelfSell platform can issue a maximum of 1 million tokens per person, and all personal tokens are contract assets of the blockchain. The invested person confirms that his personal income ratio is not higher than 5% to purchase blockchain digital assets and deposit them in the contract, and the contract distributes dividends to investors through the proportion of individual token holders.

Secondly, from the perspective of investors, through the SelfSell platform, you can browse all potential talents, see their various details and characteristics, and see their development potential. Investors can choose their favorite talents and then invest. After the investment is completed, through the tokenization model, the income right of the investment is traded in the market.

Because of being able to withdraw and trade at any time, the circulation of personal value is realized, and at the same time, the balance of value is achieved because of the circulation. An early investment in a potential person can become more and more valuable later on. This is also a test of the vision of early Bole.

In the secondary market, other investors can support multiple young people at the same time. Perhaps a football star, entertainment star, or entrepreneurial celebrity in the future has been funded and developed by himself. Not only financial returns, but also social fulfillment returns.

2. Make both investors and investees motivated

The investee is in urgent need of funds to support their dreams, but they don't have to worry about the burden of repaying the loan. It just realizes part of the future income rights. Therefore, from the very beginning, the invested talents do not need to make any mortgages, and there is no cumbersome review. At the same time, due to the long repayment period, there is no too much pressure. They only need to return 5% or less of the income. Don't worry about putting too much pressure on your life. In addition, there is no need to return the fee in advance.

In this way, the investee can be given more time to digest the burden after financing. For investors, it is equivalent to obtaining regular income, and if they need to realize it, they can trade it out at any time. In addition, it is also a test of one's own vision. Once a potential talent is supported, it can also bring higher returns and social benefits. This is actually somewhat similar to the early venture capital.

3. The solution to the two difficulties of SelfSell

Although the concept of SelfSell is not complicated, there are two difficulties in doing it well: one is how to make a reasonable valuation of personal value. The second is how to ensure that the investee will return the investor in accordance with the contract in the future.

If the valuation of personal value is too high, investors will be less willing to invest. Without the encouragement of high returns, the cycle of the SelfSell platform will be difficult to develop. return, but it is not suitable for the investee. Therefore, appropriate valuation is very important for both investors and investees.

As a platform, SelfSell does not provide a clear valuation of personal value. First, it will start exploring with market pricing feedback, and will disclose more personal information and background. For example, the education background of the talent, the salary situation of the industry that will be engaged in or is currently engaged in in the future, the anonymous evaluation of the people around, the psychological evaluation under the premise of voluntary, etc., through all-round investigation, the investor can obtain the expectation of the future income level of the investee object , and make your own valuation decisions on that basis. For example, a graduate of a famous university joined an Internet company as a product manager with an annual salary of 200,000 yuan. Various materials showed that this young man has great potential and may have the opportunity to become a product giant in the future. Opportunity's annual salary is more than 2 million yuan. According to the 10-year contract period, it is estimated that the future valuation can reach 20 million yuan. If he sells 5% of the future income rights, then it is 1 million yuan. If he develops very well, succeeds in starting a business or becomes a product executive after 5 years, and finally earns more than 5 million yuan a year, and the total income reaches 60 million yuan during the contract period, then the investor will have at least several times the income. However, if his total income in the next 10 years is only 10 million yuan, then investors will have a certain loss. However, not only the value of the usufruct rights, but also the higher premiums of the usufruct rights can be achieved through the circulation of the secondary market. In this way, the value of the tokens issued by some potential talents may be overestimated, and some people may pass the secondary market. benefit from the circulation of the primary market, rather than through the income of the investee.

The valuation model will gradually develop with the improvement of the market, because there are objects for reference. When there are enough samples, different factors such as occupational background, educational background, income in the industry, family background, and personal characteristics can be considered comprehensively to form a preliminary model such as valuation, which can give investors a certain reference. But the final valuation is still determined by the market, especially the secondary market, which will eventually form an equilibrium state.

In the market, this situation may exist. Some investees, when they have income, may deliberately reduce their income or even fail to abide by the contract in order to reduce the return to investors. Here comes risk control. This is also the primary concern of all investors.

SelfSell's solution is to start from multiple angles, not just control, but taking into account the interests and affordability of all aspects.

First of all, a certain proportion of the future income of the investee on the SelfSell platform will be used as a return, and this proportion does not exceed 5%, which means that 5% is the upper limit. 5% in a person's income, the proportion will not have a big impact on the quality of life, and reduce the possibility of default from the willingness.

Secondly, when SelfSell's early system was launched, background investigations were conducted on those willing to finance, including personal occupation, position, educational background, social background and other dimensions, and a basic model of risk control was obtained to evaluate personal probability of default. In this process, a model of the personal credit system will also be gradually established.

Again, the optimization of risk control strategy. The SelfSell platform adopts different models for different groups. For example, MBA graduates from prestigious universities may be very concerned about workplace credit. Serial creators also care about follow-up circle credits. Groups like this place a high value on credit, and it is not worth defaulting on a maximum income ratio of no more than 5%. For some potential targets with incomplete information, you can cooperate with local communities or institutions. In addition, SelfSell also plans to cooperate with third-party credit reporting agencies, banks, financial institutions, etc. to share information and publicize and punish dishonest persons.

From this perspective, SelfSell will form its own risk control system in practice in the future.

In addition, there is another issue that everyone is concerned about, which is whether the model of issuing tokens for individuals on the SelfSell platform is compliant. According to the introduction of the SelfSell team to Lanhu, the personal tokens released on the SelfSell platform belong to the income sharing model, which is different from loans, assets, and securities. It is a model of sharing income with investors within a certain period of time. After research, the SelfSell legal team determined that in the main countries where the product is launched, such a revenue sharing model is not recognized as a security.

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