Purpose

Yay! as a Gateway to the Mass Adoption of Crypto Assets

Yay! will enable crypto asset newcomers to participate in its tokenomics without first incurring costs or needing to open a separate wallet or an exchange account. Community members will also be able to participate according to their backgrounds (social, gaming, and/or financial interests) and share information, allowing them to deepen their knowledge based on their needs and experiences.

Creating a Sustainable Token Economy

Yay! will return to its community not only revenue from tokens generated from NFT transactions and the management of ETH, but also non-crypto revenue from its business operations as well as profits arising from collaborations with surrounding DApps. This will in turn fulfill our vision of creating a service that combines the world's first sustainable token economy for SocialFi with Play to Earn features.

Creating an Economy Where Everyone Contributes In Their Role

The issue in currently offered applications incorporating crypto has been its complexity requiring specialized financial knowledge, which limited their user base. On the other hand, the simpler the application, the more it could expand its user base, but often at the cost of limited capital volume.

Yay!'s greatest challenge is to build a token economy within a community of over 9 million users, offering roles in the ecosystem according to each user’s experience and DeFi/Crypto literacy without any compromise.