YellowBetter will be a Blockchain-based social portal that aims to provide users the opportunity to better understand the living culture and language of a specific country through direct contact with a representative of the same country. The platform works as an ecosystem and can be divided into two main entities, the students and the teachers, both YellowBetter users.
BetterPay is an external company whose main shareholder is YellowBetter. The overriding priority of BetterPay is to maintain fluctuation in handling payments based on the YBT token.
The YBT token is an Ethereum-based (ERC20) cryptocurrency developed by the YellowBetter platform. This token will be the exclusive medium of payment for services provided with the use of the portal.
YellowBetter ICO began on October 1, 2018. The ICO token supply represents 75% of the total token supply, so there is a total of 1,500,000,000 YBD tokens available, for 0.02 EUR each. The ICO funding target is 6,000,000 EUR, the funding cap is 35,500,000 EUR and is expected to end on December 31, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (25%):
YellowBetter ICO campaign features a bounty as well as a bonus structure, and the token will not be mineable.