Table of Contents
Introduction:
A cryptocurrency is a virtual or digital forex this is secured via way of means of cryptography, which makes it almost not possible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks primarily based totally on blockchain era—a dispensed ledger enforced via way of means of a disparate community of computers.
Cryptocurrency is decentralized virtual cash this is primarily based totally on blockchain era and secured via way of means of cryptography. To recognize cryptocurrency, one wishes to first recognize 3 terminologies – blockchain, decentralization, and cryptography.
Y Coin, regarded as $YCO, is a modern day innovative network idea that objectives to all the time extrade the manner we vote blockchain adjustments. Y Coins reason is to have a completely decentralised coin via way of means of making blockchain votes extra democratic. Each consumer may have one vote and in contrast to different cash this quantity does now no longer extrade in keeping with your stake withinside the forex.
We are giving complete manipulate of all destiny adjustments to the cash capabilities into the arms of the humans. Using the ERC20 framework we intend to optimise our coin to be the maximum consumer pleasant and consumer orientated coin available in the marketplace with minimum compromises to different aspects.
Website : https://ycoin.co.uk/
About:
Y Coin is a switch and fee coin the usage of our innovative democratic governance version. Currently in cryptocurrency while humans vote the usage of the modern governance version it’s unfair because it favours the most important coin holders because of vote casting strength being dictated via way of means of your stake withinside the coin.
However with Y Coins democratic governance version this isn’t the case. Each individual gets a unmarried vote no matter their stake withinside the coin.
Centralized cash refers back to the ordinary cash that we use, that’s ruled via way of means of government just like the Reserve Bank of India. Decentralization in cryptocurrency method there’s no comparable authority that may be held accountable for supervising the upward thrust and fall of a specific cryptocurrency. This has many blessings over centralized cash.
Y Coin has a IOS, Android and Desktop software liberating quickly referred to as the Y HUB. We have more than one sections wherein customers can have interaction with the coin in one of a kind ways.
In this device of a unmarried vote, the fee of someone does now no longer rely upon what number of cryptos they very own or their pockets quantity. Each and each person receives a unmarried vote no matter their crypto savings.
Website : https://ycoin.co.uk/
Founder & Team:
Y Coin changed into created via way of means of Youssof Altoukhi, 15-Year-antique entrepreneur. The principal aim of the teenage boy owned organisation is to convert the infrastructure of the cryptocurrency right into a device that could use extra democratic votes.
Founder Youssof Altoukhi
History:
Youssof Altoukhi additionally is aware of his manner withinside the region of inventory investment. His thoughts and crypto understanding frequently surprise fans who’re baffled via way of means of the younger mind’s skills.
The younger mastermind’s plans are constant for an exceedingly lengthy term. The DAPPS has already been deliberate for Y Coin. The realm of cryptocurrency is complex even for grown adults and for maximum, it takes a crew and a number of years to grasp it.
With such skilled and elderly humans as his peers, Youssof Altoukhi is placing a document and an instance to the whole world. Not handiest appreciating his huge understanding withinside the region however additionally his preference to bring about a extrade withinside the device in order that the network as an entire is dealt with equally.
Revenue:
The plan is to have a real democracy with “decentralised coin managed through the people, now no longer the organisation”. Y Coin this is going to move through the abbreviation of YCO, can have an emission fee of 200,000 a month and most deliver of 150,000,000. Y Coin has raised a complete of $55K in investment over 1 spherical. This turned into a Venture – Series Unknown spherical raised on Jun 4, 2021.
| Revenue (Quarterly) Range, Past 5 Years |
| 186.38M |
| Minimum |
| Jun-20 |
| 2.498B |
| Maximum |
| Dec-21 |
| 1.140B |
| Average |
| 948.51M |
| Median |
Funding & Investors:
Y coin or $YCO was funded by Youssof Altoukhi.
Revenue Model:
The modern structure of Y Coin is a large innovation in its area. With the usage of Y Coin’s GHOST protocol (Greedy Heaviest Observed Subtree), the brand new blocks are hugely encrypted through now no longer affecting the velocity therefore the brand new token is through no doubt, secure and secure.
Y Coin beats Bitcoin with a pace of 25 TPS attributing to the ERC20 framework. It is the primary coin in records to have a crypto democracy with a vote casting mechanism. The idea of Y Coin presently below improvement in which everybody receives to vote has by no means been ventured earlier than and hence has large progressive boom potential.
One should buy Y Coin early earlier than it publicly launches at only $0.0015 a coin with the intention to be to be had at the 15 of February from vindax.com and app.uniswap.org. Eventually, it’ll release on different exchanges too.
| Revenue (Quarterly) Benchmarks | |
| Palantir Technologies Inc | 432.87M |
| Bakkt Holdings Inc | 11.48M |
| Compass Inc | 1.612B |
| The Trade Desk Inc | 395.60M |
| GitLab Inc | 77.80M |
| Revenue (Quarterly) Related Metrics | |
| Net Income (Quarterly) | 840.21M |
| Total Expenses (Quarterly) | 1.576B |
| EPS Diluted (Quarterly) | 3.31 |
| Enterprise Value | 23.58B |
| Gross Profit Margin (Quarterly) | 79.94% |
| Profit Margin (Quarterly) | 33.63% |
| Earnings Yield | 10.61% |
| Operating Earnings Yield | 10.66% |
| Normalized Earnings Yield | 10.61 |
Other Services Offered through Y coin:
- Absoulute Democracy: Y Coin major preliminary reason is to offer a platform for customers wherein all of us proportion an same part of the vote casting power. This offers a greater interactive enjoy wherein the cash holders dictate the cash future.
- Easier Transfers: Wallet addresses may be a problem whilst it comes coin transfers. Y Coin is adopting a brand new method to the switch of funds. The Y HUB will permit customers to switch tokens effortlessly & effortlessly simplest the usage of the individuals name/username.
- High Yeild Staking: With the release of Y Hub we’re aiming to provide the a number of the exceptional staking rewards presently available in the marketplace for a constrained time.
- The Hub: Home for all of Y Coins capabilities. Y HUB. The Hub is an iOS, android and computing device pockets software that permits for all of the capabilities Y Coin has to provide.
Competitors:
- CoinBurp: CoinBurp brings collectively crypto trading, easy GBP and Euro purchases, and curated NFTs multi function place.
- Coinfloor: Coinfloor is a longtime institution of cryptocurrency exchanges for institutional or state-of-the-art traders and traders.
- Evercoin: Evercoin is a cell-first noncustodial pockets and change carrier for fiat and cryptographic assets. Evercoin offers customers with Self Custody with the aid of using supplying a cell first multicoin pockets.
Latest News:
- September 2021
- Initial release of Y HUB IOS application.
- August 2021
- Listing on top 20 exchange
- July 2021
- Extensive influencer marketing campaign starts
- Y Coin becomes a registered company
Future Plans:
The idea of Y Coin presently beneathneath improvement in which every person receives to vote has by no means been ventured earlier than and consequently has big revolutionary increase potential. One should buy Y Coin early earlier than it publicly launches at only $0.0015 a coin with a purpose to be to be had at the 15 of February from vindax.com and app.uniswap.org Eventually, it’s going to release on different exchanges too.
Some FAQs:
What is y cash?
Y Coin is a modern cryptocurrency that pursuits at converting the manner that cryptos work. The foremost aim of the organisation is to convert the infrastructure of the cryptocurrency right into a device that might use greater democratic votes
YCO Price Today?
Y Coin rate these days is $0.009223104763 with a 24-hour buying and selling quantity of ?. It has a circulating deliver of 12 Million YCO cash and a complete deliver of 15 Million. If you’re looking to shop for or promote Y Coin, Vindax is presently the maximum lively exchange.
What become the best rate for Y Coin?
Y Coin hit an all time excessive of $0.060866095798 on Nov 10, 2021 (6 months).
How do you purchase Y cash?
One should buy Y Coin early earlier than it publicly launches at only $0.0015 a coin with a purpose to be to be had at the 15 of February from vindax.com and app.uniswap.org Eventually, it’s going to release on different exchanges too.
What become the bottom rate for Y Coin?
Y Coin had an all time low of $0.000000000000 on Aug 05, 2021 (nine months).
When become the ultimate investment spherical for Y Coin?
Y Coin closed its ultimate investment spherical on Jun 4, 2021 from a Venture – Series Unknown spherical
Where can Y Coin be traded?
You can change Y Coin on Vindax.
How a good deal is Y Coin worth?
As of these days, the ultimate stated YCO rate is $0.009741.
Who invested in Y Coin?
Y Coin is funded via way of means of Youssof Altoukhi.
Conclusion:
Y coin is gradually going up and already beat bitcoin so it has a good prediction and future as well.
