мая 11, 2018

YayProto: Block-chain Based Money Transfer network

Yay-Proto is the initial decentralized currency transfer system that’s built in Block-chain with the multi-use binary protocol. Money move is the major feature of Yay-Proto platform. But overall, it’s truly developed to offer an alternative for a few aspects of conventional banking structure, particularly those related to the transfer of currency.
Worldwide Transfer

Sine Yay-Proto is based in block-chain tech; it’s capable to facilitate both local and global money moves. No matter where the send and the receiver located, this network is able to safely move the money with a rapid procedure.

Digital Wallet

To make sure the security of the user’s money, platform develops its own virtual wallet. As on outcome, this network is basically same with a bank account, consumers can apply the wallet to save their virtual assets and also many financial deals directly from their wallet.

Peer to Peer Platform

As a network that takes benefits of blockchain and P2P technology, by doing an economical deal does not need identification from authority or 3rd party. In its place, the moving system will involve active contributors from other users who then will be gifted by YFN tokens. But thanks to the excellent P2P network, Yay-Proto is capable to link myriads of people from entire over the world.

Loan System

The consumer will be capable to offer loan for other consumers so that lending structure not only rely on the usual financial institution. The coins and block-chain tech are applied to aid determining the score of use and also make sure the safety of every deal.

Use of Tokens

To utilize all the feature of this network, consumers have YFN token, the value of one ETH and one BTC equals 7,500 and 75,000 YFN coins respectively. When consumers wish to transfer cash, they’ve possessed enough amount of tokens in their credit, which will be locked right after to stop the coins from being applied again. Moreover, a consumer that contribute to transferring currency from the send to the receiver also gets a YFN token as sending charges, which have to be paid by the sender.

YayProto ICO

• 1 ETH = 7500 YFN
• Pre ICO Soft cap is 500 ETH
• The hard cap is 1700 ETH
• ICO Soft cap is 11500
• Hard cap 46000 ETH
• IСO [23rd April 2018 - 28 May 2018]

Roadmap

The progress of Yay-Proto is already in the mature line and it’s just a matter of time until the functions to be applied. The Perico stage successfully did last month, meanwhile, the ICO procedure will be begun from 23rd April to 28th May. Once the ICO procedure has been done, the platform will gear-up to launch Beta version of the iOS and Android app.

After that, the upcoming beta version of the app is scheduled to be introduced in July. Besides focusing on the progress of the network, the platform also will expand its wings in the business side. On July, a new office of the platform will be made in Tallinn while one more office in Singapore will follow suit in late this ongoing year.