YouToken

kolbak pute

REVOLUSI ENTREPRENEUR BRAND NEW

Hallo everyone..in my post this time I want to introduce about project YOUTOKEN, following explanation:

What is YouToken?

YouToken is a unique platform that allows people to convert human intelligence into a financial asset (a token). Human intelligence has a value just like any other financial asset (currencies, stocks, bonds, etc.). We take people's creative concepts and turn them into tokens. Hence, converting human intelligence into something of value.

Benefits:

• Entrepreneurs have the opportunity to fund their ideas and get support from the YouToken community.

• Investors have the possibility to invest in talented entrepreneurs at their early stage of success.

How it works

• YouToken assigns creator tokens (YTN_creatorname) to each entrepreneur who is registered on the marketplace.

• Investors who are willing to support entrepreneurs' creative ideas / projects are given the possibility to purchase the entrepreneurs' creator tokens (YTN_creatorname).

• The more an entrepreneur succeeds, the more their YTN_creatorname price grows, bringing benefits to them and their investor (s). It works in a fashion similar to stocks on the stock market.

• The total value of the YouToken platform is expressed in YTN tokens. YTN token is an asset that can be purchased/sold/traded on cryptoexchanges. The YTN token price depends on the quantity of entrepreneurs registered on YouToken and the quality of their projects. • Investors who are registered on YouToken have the possibility to invest in entrepreneurs’ creator tokens (YTN_creatorname) as well as the tokens of the entire platform (YTN token). • YTN token is a tradable asset that can be bought/ sold/traded on external crypto-exchanges

YouToken Platform Structure

For Entrepreneurs

• YouToken helps entrepreneurs apply the power of ICO and raise funds for their ideas / projects

• The value of one's "human intelligence» (YTN_creatorname) depends on the total success rate of his / her project (s) Benefits of YouToken vs. Other Crowdfunding Platforms

• No Paperwork

• No Legal Entity

• 4 types of funding options (Donation, Debt, Revenue Share, Equity)

For Investors

On the YouToken platform, a contributor can invest in an entrepreneur's creative idea just like one would invest in a company on the stock market

There are four unique types of Smart Contracts:

• Donation / sponsorship

• Debt

• Revenue share

• Equity

Donation / sponsorship

Investors who believe in the potential of an entrepreneur have an opportunity to purchase creator tokens (YTN_creatorname). This type of smart contract is perfect for investors who want to capitalize on an entrepreneur's long-term potential.

e.g. Bill Jobs is a young entrepreneur who needs money to open his tech startup. You, as an investor, choose to support Bill Jobs by purchasing his personal tokens (YTN_billjobs) for a low price. As Bill Jobs became successful, his personal tokens (YTN_billjobs) grow in price. You, as an investor, can resell these tokens for a higher price later down the road

Debt

Debt involves borrowing money to be repaid, plus interest. As an investor, you can lend money to an entrepreneur in exchange for his / her creator tokens (YTN_creatorname), plus interest. A lender is entitled only to the repayment of the agreed-upon principal of the loan, plus interest. A lender has no direct claim on future profits of the business. e.g. Jeff Musk has an idea to create his marketplace. To make this project happen, he as the entrepreneur needs $ 15,000 (15 ETH). Investors lend Jeff Musk the required amount of capital in exchange for YTN_jeffmusk, plus debt and interest to be repaid via smart contract.

Revenue share

Revenue share involves raising money by sharing revenues in a business. As an investor, you can contribute money to a specific entrepreneur's project in exchange for creator tokens (YTN_creatorname) and revenue share in the project. Once the project begins generating revenues, you, as the investor, receive your revenue share. e.g. Nikola Ford has an idea to create an electric car company by using blockchain technology. To make this project happen, the creator needs $ 100,000 (100 ETH). Investors contribute the required amount of capital to Nikola Ford's idea in exchange for YTN_nikolaford and % revenue share. All users possessing YTN_nikolaford would benefit from% revenue share (not just those investor who chose to support the revenue share project but all other investors-owners of YTN_nikolaford).

Equity

Equity involves raising money by selling interests in a company. As an investor, you can contribute money to someone's project that was built by using blockchain technology. As the project grows, you get paid simply for owning the business's share. In addition, you participate in the core decision-making processes that define the future of the project. e.g. Vitalik Nakamoto needs financial support to begin his crypto-exchange on blockchain. The entrepreneur is willing to sell 15% of his business for $ 25,000 (25 ETH). The investors who are eager to support the creator's idea contribute money to the project in exchange for YTN_vitaliknakamoto plus% "dividend yield. "As an investor and an owner of the project, you participate in the voting process that defines the future of the business.

Basic Smart Contract Model

Token

The key element of YouToken is its focus on entrepreneurs. By investing in an entrepreneur and giving him/her the freedom to experiment with multiple concepts, instead of focusing on just one concept, investors hedge their bets and are able to spread the risk beyond one make-or-break idea

Roadmap

2017 October

● Initial development of YouToken’s core concept.

December

● We launch YouToken’s educational programs (“Everything You Need to

Know About Bitcoin,”Cryptocurrency Universum,”and “Blockchain for

People, Not For Geeks.”)

2018 January

● Development of YouToken marketplace prototype

February - March

● Proof of Concept Crowdsale (100M tokens offered, min cap = $300k)

March