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YouToken

Sell Yourself.

What is YouToken? YouToken - First Blockchain-based Crowdfunding platform. We are building a platform where each creative individual (artist, doctor, technician, etc.) will be able to feature his/her talents and sell shares representing those talents in exchange for financial support/real investments. Just like investors are able to purchase Google stocks or Apple stocks, they will be able to purchase stocks representing real humans (entrepreneurs). The more successful a creative individual becomes, the more valuable his/her “stock” becomes. We take people’s creative ideas and commitments and convert them into tokens.

2.5
2 1 expert rating
Benchy 2.6
KYC
Experts
3.0
2.0
2.0
View rating distribution
Ended
Token
YTN
Price in ICO
0.1500 USD
Country
USA
Whitelist/KYC
KYC
Restricted areas
USA, China, Korea
preICO start
1st Feb 2018
preICO end
1st Apr 2018
ICO start
17th Sep 2018
ICO end
19th Nov 2018
More on ICO
Report

About YouToken

YouToken Platform

Decentralization

  • YouToken is a blockchain-based decentralized crowdfunding platform. We are building our platform as an Ethereum-based DApp.
  • The platform's main components include:
  • Compiler – a blockchain Ethereum-based application, which issues YTN_creatorname tokens and smart contracts for crowdsales.
  • Internal Decentralized Exchange – an exchange powered by 0x project technology.

Fastest Entrepreneur Signup

  • We use the latest AI-based KYC technologies to verify user identity in seconds and prevent creators from encountering roadblocks such as spending too much time on paperwork.
  • All creators' data is stored via Ethereum blockchain.
  • The user verification process is fast, secure, and built to protect investors from fraudulent activities. We make crowdfunding trustable again.
  • Our technology helps talented entrepreneurs get financial support for their projects more quickly than "classic" fiat money platforms.

Crowdfunding Powered by Smart Contracts

  • A contributor can invest in an entrepreneur's creative idea, just like one would invest in a company on the stock market. Entrepreneurs can establish connection with investors via four different types of smart contracts offered on the YouToken platform:
  • Donation/Sponsorship – classic crowdfunding model
  • Debt – this type of smart contract involves borrowing money to be repaid, plus interest
  • Revenue Share – this smart contract involves raising money by sharing revenues in a business
  • Equity – smart contract type that involves raising money by selling interest in a company

Crowdsale Smart Contract Model

  • All entrepreneurs' commitments are regulated by smart contracts and the investors’ voting process. Smart contracts dictate the terms for the projects’ development.
  • Investors decide whether or not the project step was completed, so that the process can move on to the next step. If the investors vote “completed,” then the entrepreneur receives the next portion of funds. If they vote “not completed,” then the remaining unused funds from crowdsale are returned to the investors.
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ICO KYC Report
2 members invited
Ilya Volkov
Failed
Viacheslav Taran
Failed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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