The SelfSell platform is based on human capital investment theory, realizes low-cost personal fundraising and is applied to its own fields of education, training, physical and mental health. SSC (SelfSell Coin) provides individual users with systematic solutions such as token issuance services, including token issuance, exchange and other device support, such as personal credit rating model and risk assessment model.

Project Vision

SelfSell What it wants to do is to give these potential people the opportunity to pursue their dreams when they have no source of income.

SelfSell tries to provide a platform that is like a Nasdaq, which lists many personal value assets. SelfSell itself is a Nasdaq with personal value as its assets. It wants to help everyone with potential complete their own "IPO".

Project Highlights

SelfSell is based on a Nasdaq with human assets. It is a China Unicom current and future project. SelfSell has obtained resources from the future to the present, and directly cashed in by selling part of future income, putting it into the present, using these resources to amplify the value of life, realize additional value output, and then return it to the middle of the future. In the long river of time in the future, gradually return the part of the resources invested at that time. SelfSell will establish a platform for individuals to conduct IPOs, use "human value" as tradable assets, help everyone in the world to do IPOs, and realize the future income of individuals is discounted and circulated at this stage, help everyone obtain more resources at this stage and enhance their own future development space.

Application Scenarios

1. Basic operating model

SelfSell's operating model is partially similar to that of ordinary corporate assets. It requires completion of review and entry into the platform, but it will be simpler. 

First, from the investor, such as a classmate who has just been admitted to Peking University, or a young man with talent in music, as long as he is full of hope for his future, believes that his future is valuable, and needs financial support to fulfill his dream, he can contact the SelfSell team to provide the team with basic information, especially information involving 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 the vote. Only when a certain standard is met can a TA enter the process of coin recruitment and issue personal tokens. 

Suppose you are a very talented young man in tennis and value your income in the next 10 years to 40 million yuan, of which you are sure to sell 5% of it, that is, 2 million yuan, and issue SelfSell tokens worth 2 million yuan, which will be circulated in the secondary market, and the tokens will be purchased by the initial investors and the secondary market investors. After the token was purchased, the investor received 2 million yuan in financing. After that, the investee needs to give 5% of the investor's annual income each year in return during the future blockchain-based contract period.

The SelfSell platform issues up to 1 million tokens per person, and all personal tokens are contract assets of the blockchain. The investee determines that he purchases blockchain digital assets with a personal income ratio of no more than 5% and deposits them into the contract. The contract distributes dividends to investors through the proportion of personal 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 potential for development. Investors can choose the talents they like and then invest. After the investment is completed, the investment income rights are traded in the market through tokenization model.

Because you can exit and trade at any time, the circulation of personal value is realized, and the circulation is also achieved by the balance of value. Early investment in a person with potential will become more and more valuable in the later stages. This is also a test of the vision of the 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 does it bring economic returns, but it also gives it a reward for social accomplishment.

2. Give investors and investors enough motivation 

The investors urgently need funds to support their dreams, but they don’t have to worry about the burden of repaying the loan. It only monetizes some of the future income rights. Therefore, from the beginning, the invested talents do not need to make any mortgages, and there is no cumbersome review. At the same time, since the repayment period is very long, there is no too much pressure. You only need to return a ratio of 5% or less of your income, so you don’t have to worry about putting too much pressure on your life. In addition, there is no need to repay the fees in advance.

In this way, the investee can have more time to digest the burden after financing. For investors, they are equivalent to obtaining regular returns. If they need to cash out, they can also trade them at any time. In addition, it is also a test of one's own vision. Once you support a talent with potential, it can also bring higher returns and social benefits. This is actually somewhat similar to early venture capital.

3. Solving the two major difficulties of SelfSell 

Although SelfSell is not complex in concept, there are two difficulties to do it well: one is how to reasonably value personal value. The second is how to ensure that the investee will return the investor to the contract in the future.

If the personal value valuation is too high, then the investor's willingness to invest is low. Without the encouragement of high returns, the cycle of the SelfSell platform will be difficult to develop. If the personal valuation is too low, although the investor will have good returns in the future, it is not suitable for the investee. Therefore, suitable valuations are very important for both investors and investors. 

SelfSell, as a platform, does not provide clear valuations. First, it will start exploring with market pricing feedback and will disclose more personal information and background. For example, the talent's educational background, salary status of the industry to be engaged in or is engaged in the future, anonymous evaluation of people around, psychological evaluation under the premise of voluntary inspection, etc., through a comprehensive investigation, investors obtain expectations for the future income level of the investee and make their own valuation decisions based on this. For example, a graduate from a prestigious university joined an Internet company as a product manager, with an annual salary of 200,000 yuan. Through various information, this young man has great potential and may have the opportunity to become a product giant in the future, with an annual salary of more than 2 million yuan. According to a 10-year contract period, it is expected 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, starts a business successfully in five years or becomes a product executive, and his annual income exceeds 5 million yuan, and his total income reaches 60 million yuan during the contract period, then the investors will have at least several times the profit. However, if his total income in the next 10 years is only 10 million yuan, then the investor will suffer some losses. However, it is not just the value of the income right, but the income right can also achieve a higher premium through the circulation of the secondary market. This may lead to the overvalued tokens issued by some potential talents. Some people also benefit from the circulation of the secondary market, rather than through the income of the investees.

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 career background, educational background, industry income, family background, personal characteristics can be considered comprehensively to form a preliminary model such as valuation, which can give investors certain reference. But the final valuation is decided by the market, especially the secondary market, and it will eventually form a balanced state.

In the market, this may occur. Some investors may deliberately reduce their income in order to reduce returns to investors when they have income, and even fail to comply with the contract. Risk control is involved here. This is also the primary concern for all investors.

SelfSell's solution starts from multiple perspectives, not simply control, but takes into account the benefits and affordability in all aspects. 

First of all, a certain proportion of investors' future income 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% of a person's income will not have a major impact on the quality of life, and the possibility of default is reduced from the perspective of willingness.

Secondly, when SelfSell's early system was launched, background checks were conducted on financing willing people, including assessments of multiple dimensions such as personal occupation, position, educational background, and social background, and a basic risk control model was obtained to evaluate individual default probability. 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 care a lot about workplace credit. The continuous creators are also very concerned about subsequent circle credit. Similar to such groups, they pay more attention to credit and are not worth defaulting for a revenue ratio of up to 5%. Some potential targets with incomplete information can be cooperated with local communities or institutions. In addition, SelfSell also plans to cooperate with third-party credit reporting agencies, banks, financial institutions, etc. to realize information sharing 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 SelfSell platform’s token release model for individuals is compliant. According to the SelfSell team to Blue Fox, the personal tokens released on the SelfSell platform belong to the income sharing model. Unlike loans, assets, and securities, it is a model of sharing income with investors within a certain period of time. After research, the SelfSell lawyer team determined that it was found in the major countries where the product was launched. Such an income sharing model was not recognized as a securities company.

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