YAY Token Sales
YAY will be issued on the Ethereum blockchain according to Standard ERC-20, falling under “Cryptocurrency 1” classification.
■ Overview of YAY
Issuing Method
Issued in mass quantities through Initial Exchange Offerings (hereinafter, "IEOs")
Token Name
YAY(Yay Token)
Ticker Symbol
YAY
Issuing Standard
ERC-20
Maximum Number of Tokens Issued
10,000,000,000
Sales Method
Token sales through cryptocurrency exchanges for users verified by Know Your Customer (KYC) inspection
Uses
Ecosystem contribution rewards
Genesis-related use
Staking
Sales Dates
To be announced
We will maintain transparency by regularly publicizing our use of proceeds from IEOs, and by undergoing financial audits regarding this project’s expenditures
Token sales will be carried out in compliance with the appropriate laws under the appointed jurisdiction. Users eligible for the sales of YAY will be those who have been verified by KYC inspection for the necessary cryptocurrency exchange.
All customers of token sales and all others who possess YAY will undergo a strict KYC and AML (money laundering prevention) investigation, as well as agree to a list of potential sanctions. This will be carried out not by Yay! but by an appropriate, third-party service company.
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