Currently in cryptocurrency when people vote using the current governance model it’s unfair as it favours the biggest coin holders due to voting power being dictated by your stake in the coin. However with Coin’s democratic governance model this is not the case. Each person will get a single vote regardless of their stake in the coin.
Y Coin has a IOS, Android and Desktop application releasing soon called the Y HUB. We have multiple sections where users can interact with the coin in different ways.
Y Coin’s initial main purpose is to provide a platform for users where we all share an equal portion of the voting power. This provides a more interactive experience where the coin's holders dictate the coins future.
Wallet addresses can be a hassle when it comes to coin transfers. Y Coin is adopting a new approach to the transferring funds. The Y HUB will allow users to transfer tokens effortlessly & conveniently only using the persons name/username.
With the launch of Y Hub we are aiming to offer the some of the best staking rewards currently on the market for a limited time.
Introducing the home for all of Y Coins features. Y HUB. The Hub is an iOS, Android and desktop wallet application that allows for all the features Y Coin has to offer
Release of the Y Hub
Testing viability of current model and making changes to ensure no bots are present
On chain version of Y Coin democratic structure will be under development.
The Y Hub is the ecosystem application where all of Y Coins feature exist. The Y Hub will have:
Y Coin (YCO)
Market Cap Market Cap = Current Price x Circulating Supply Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More
24 Hour Trading Vol A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times. Read More
Circulating Supply The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments). Read More
Total Supply The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market. Total Supply = Onchain supply - burned tokens
… very ambitious