Youtoken - Blockchain-based Crowdfunding Platform That Converts Human Intelligence Into a Financial Asset

YouToken is a blockchain-based crowdfunding platform that converts human intelligence into a financial asset (token). We help investors and entrepreneurs establish connection via crypto tokens. Entrepreneurs can “sell themselves” and their ideas on YouToken while investors can buy

“human intelligence” on our marketplace.

As a result, talented entrepreneurs can quickly get financial support for their project, and investors get the opportunity to invest in another “Steve Jobs” or “Elon Musk” at their early stage of success.

The platform introduces users to a new financial asset – “Human Intelligence”. The platform allows any user to “sell themselves” in a form of a personal token (YTN_creatorname) in exchange for receiving financial support.

Any user can convert his/her human intelligence into a financial asset (a creator token). Just like Apple or Amazon sell their stocks on the stock market, YouToken entrepreneurs sell their “Human Intelligence” depicted in the form of a financial asset on our marketplace. Smart investors contribute to individuals and not products; thus, we give people an opportunity to invest in another “Sergey Brin” or “Steve Jobs” at their early stage of success, and not another “Google” or “Apple”.

Once the funds are raised through the crowdsale, the “Production” stage of the project is launched. From this point, all received funds are stored in “Vault” and do not go directly to the entrepreneur.

After successful completion of the crowdsale, the entrepreneur receives funds for the first step in the contract.

The smart contract dictates the terms for the project’s development. Each project can have a minimum of one step in it’s smart contract. Each step in the process comes with the following questions:

• What will the creator do?
• When will the creator complete it?
• How much money does the creator need to do it?

After reaching the goal of each step, the entrepreneur sends a request to close that part of the contract and move on to the next stage and receive further financing.

Now, voting of the investors (holders of YTN_creatorname) takes place. Here, they decide whether or not the step was completed and if it’s time to move on with funding the next step of the project. If they vote”yes”, then the entrepreneur automatically receives the next portion of funds from Vault.

How is YTN_creatorname formed and distributed?

• The idea/project is published on YouTokenmarketplace.

• If the project is fully funded, YTN_creatorname tokens are minted and distributed among the investors. In turn, the creator will be issued an additional 10% of the tokens. Also, YouToken will get a fee of 1%.
• The initial price of 1 YTN_creatorname is $0.01 (this is the price of a creator token when the first project is funded). The token price will go up/down depending on the success/failure of an entrepreneur’s project(s) (the discounted cash flow (DCF) valuation method is used to determine the Creator Token price).

Successful investors contribute to individuals, not products. 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.

TOKEN SALE DATES: March 16 – April 1

PRICE: 1 YTN = $0.10

We currently accept ETH and Credit/Debit cards.

MIN CAP: $300,000

If this goal is not met, all funds will be returned

MAXIMUM TOTAL TOKEN SUPPLY: 100M

All unsold tokens will be distributed during “DAICO” stage

BONUS: 5% for referral program participants

“DAICO” stage

TOKEN SALE DATES: May 1 – June 30

PRICE: 1 YTN = $0.15

We currently accept ETH and Credit/Debit cards. On the day that we begin the DAICO stage, we will set the exchange rate, YTN/ETH, on our website.

MIN CAP: $3,000,000

If this goal is not met, all funds will be returned

MAXIMUM TOTAL TOKEN SUPPLY: 1,000M

All unsold tokens will be burnt by Smart Contract

BONUS: 5% for referral program participants

Roadmap

• 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

• Establishment of hybrid legal structure (U.S., EU, Global)

• YouToken Marketplace Beta version is released

• April

• Opening of head office in Silicon Valley

• YouToken reaches its goal of 100+ “tokenized” creators featured on the

• platform

• The development of sales and marketing, promotion

• May – June YouToken begins our DAICO – Business Acceleration (min cap = $3M)

• July – August

• YouToken reaches its goal of 1,000+ “tokenized” creators featured on platform

•  August – Sept

• YTN is available on public crypto-exchanges

 For Information

ANN : https://bitcointalk.org/index.php?topic=3040679.0
Whitepaper: https://ico.youtoken.io/whitepaper?_ga=2.159690554.60614054.1522349901-393562.1522349901
Telegram : https://t.me/youtoken
Twitter : https://twitter.com/YouToken_io
Facebook : https://www.facebook.com/YouToken.io/
Website : https://www.youtoken.io/

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