Good day
What will be transaction fees, when all this conversions kick in? What is the minimum to invest in the plan? What will be incentives for the merchants?
Thanks for the questions, bud.
The ONLY fees associated with YuTü.Co.in will be bare minimum transactions fess on our exchange - YTC-Sox - of which TBD/TBA. On our
White Paper, such is stated as ...
Explanation of YTC-Sox
YTC-Sox - acronym for YuTü.Co.in-Social Exchange - is the official exchange for all yAltcoin yaltz and will be hosted by YuTübopolis, Inc., having its own URL. Every user registered with YuTü.Co.in will have access to the exchange, which will primarily deal in the trading of yAltcoins for YTC but will eventually allow users to trade bitcoin (BTC) and ether (ETH) for YTC, as well. An expanded range of trade pairings may be developed in the future BTC/yAltcoin, ETH/yAltcoin and yAltcoin/yAltcoin pairings. Exchange fees will be kept to a minimum to assure the exchange can break even with its cost of operation. The intent of the exchange is not to generate significant revenue but to facilitate the trading of yAltcoins.
The minimum purchase is $100 for 10 PAQs plus 1 bonus PAQ (11 PAQs in total when adding the 10% bonus). Head on over to
http://yutu.co.in/pre-ico/ if you're ready to support YuTü.Co.in.
The incentives for YouTubers (Lynspinz when embracing our platform) who have merc for sale is that our platform provides another avenue for them to hawk their wares, with them deciding if there's a discount for accepting crypto, including our native YTC (YuTüCoin), PayPal, etc., for such. For our users possessing YTC, they'll be able to purchase wares directly from the Lynspinz, along with purchasing PAQs directly off our site once Beta.
Please let me know if there are any other questions or concerns that need addressing, bud.
Bruno