Re: 🔴[ANN] LendFunding: Crowdfunding Initiative w/Guaranteed 1% & 2% Daily Interest
Hi admin how are you? very fine i hope;
there are some themes in this project which put me in the confusion, what is the difference between yalt, yaltcoin and yutucoin?
there are some themes in this project which put me in the confusion, what is the difference between yalt, yaltcoin and yutucoin?
All our neologisms can be found and defined on our terminology page: http://yutubopolis.center/faq/glossexicoin/
YuTü.Co.in is the name of our brand also acting as its URL.
YuTüCoin sans the periods is the name of our token having the ticker symbol YTC.
yAltcoin is a generic term of the token attached to a YouTuber on our platform, each having a different ticker symbol, e.g. the ticker symbol for the yAltcoin of the YouTuber PewDiePie = PDP.
yALT is the quasi-abbreviation for yAltcoin.
yaltz (singular and plural) are shares of a yAltcoin.
how sustainable will it be for you/the project to guarantee and pay the 1% and 2% daily (compounded) interest rates?
what is the business model in generating (enough) profits?
what is the business model in generating (enough) profits?
Very sustainable, for it's a close-end program with only tens of thousands being rewarded opposed to millions relying on newcomers, e.g. Ponzi or pyramid schemes.
Mega profit, with the sales of PAQs being the main source of income, currently offered at U$25 each not to sell over U$500 each down the pike, with only 1M available to satisfy mining/hashing 10K YouTubers' yAltcoins (100 PAQs max mining/hashing each yALT, hence the 1M figure). The earning potential of each PAQ is no less than U$2,628 worth of yaltz per year - EVERY YEAR - realistically, double that, but penning conservatively.
We even have a defense mechanism in place in case a YouTuber gets banned by Google, dies or abandons their channel. Also, in case a YouTuber's yaltz fails to scale but the channel's still viable [of sorts], they can be basketed with other subpar or favorable yaltz, in essence sold below the set minimum on our exchange, namely U$0.01 each, whereupon the buyer and seller are happy with the deal, the buyer, perhaps, rebasketing any subpar yaltz, retaining only what's deemed favorable for their portfolio.
A YouTuber embracing our platform will NEVER incur fees et al. on our platform. Also, there'll be no fees onto or off our exchange, so there's no moneys generated there.
We will retain yaltz from blocks mined/hashed exactly every two minutes per yAltcoin for half the total block rewards over the course of just under six years (thus under three years worth). A tidy sum but, again, the big money filling our coffer will be the sale of PAQs (think of them as virtual miners in case you're not versed).
In conjunction with maintaining our platforms and all that that curtails, mega bucks will go toward the advancement of YouTube channels whether they embrace our platform or not, more so, of course, for the former over and beyond their respective allocated yaltz immediately available for trade, or hold in the hopes of rate increases as they enhance their brands with help from our network of providers (see http://yutubopolis.center/ways-lynspinz-make-bank/).
Hope that addresses your questions/concerns, bud, and thanks for inquiring.
Bruno
Good to read your answers. With the recent downfall and collapse of the Bitconnect and the proliferation of other lending platforms that follow the XxxConnect pattern, expect some scrutiny in the sustainability of the "lending" part.
How much has been raised in the Pre-ICO for the YTC? And how many PAQs have been purchased?
Akin to White Castle eventually embracing "Sliders" once having negative connotations, we cleverly(?) opted to employ a smidget aspect of the rogue lending programs making the rounds, not concerned the least about scrutiny given that our LendFunding thingy is limited/short-lived in nature, addressing such, as here, head-on. Yes, we could've simply not employed the practice, but what's the fun in that?
All sales of YTC during the Pre-ICO are viewable here: https://etherscan.io/address/0xebc162b00f817010457b69eea3971e46799cd4ce
Re PAQs, prior to the Pre-ICO, exactly 10K PAQs were allocated to users on this forum, mostly via our YouTube submission campaign. No PAQs have been sold during the Pre-ICO, albeit a small handful were gifted as part of YTC purchases.
Allocations of ALL PAQs are or will be well-documented in cementing the notion that nobody even faintly associated with YuTü.Co.in, including myself, will maintain PAQs unless fully declared - to date, there's nothing to declare.
Here's to thanking both of yous for your continued or anticipated support.
Bruno