Yayproto Decentralization For Money Transfer

The features and capabilities of the YayProto project
The current money transfer system is completely imperfect, in some cases uncomfortable, expensive and unthinkable. Particularly when it comes to transnational transfers that pass through several banking structures in different countries, they move from one currency to another - all due to the high commission fees for cash transfers.

The main problem of the world's translation system:
billions of dollars are not involved in the translation system because of its inefficiency;
Lack of transparency - it is not always clear how a transfer commission is formed and why this is a certain amount, not another;
lack of easy and simple access to global financial markets.
To address all of the above issues, developers of YayProto plan to create the first "public" banking system, in which all transactions will be stored in block blocks, which are cryptographically protected. In fact, the YayProto platform will be created for private transactions, passing traditional banking with high commissions.

The functionality of the platform is quite extensive, here are the features announced from YayProto:
Ability to use local and international transfers. For instant transfers, users will only enter the recipient address in their wallet.
Access to Wallet YayProto is a convenient wallet that lets you save, spend, send money, and which is much easier than a regular bank account. The YayProto wallet is free and available in mobile apps.
Exchange of P2P requirements. The number of participants in the YayProto platform is unlimited, and they all have equal rights and opportunities.
The availability of a convenient physical map. YayProto developers plan to release physical and virtual maps, which you can use to tie virtual assets.
Availability of loan functions. On the platform, P2P loan services will be available that allow individuals or groups of individuals to provide loan funds. An important role in the crediting process is given to the platform token required for credit ranking formation.
Broadcasters are comfortable and functional. In YayProto will work encrypted and secure apps for messaging between users. With its help, it will be possible to post content, multimedia, communications in conference format.
Access to internal market. The platform will operate its own online online marketplace, where network members can buy or sell any item for crypto currency. All the tools needed to manage purchases and stores will be available on the market.
YayProto platform token role and project roadmap
In YayProto will play the domestic currency - YPT token, required for the implementation of basic operations. With their help, it is possible to make payments and P2P transfers, including offline, to pay for online market products, to participate in loan programs.

The phased plan of project development for next year is as follows:

12 February - 26 March 2018: holding of PRA-ICO.
April 23 - May 28, 2018: common proof of the project.
May 2018: beta release for Android and iOS.
June-July 2018: signed a contract to gain legal support and opened an office in Tallinn (the project country is Estonia).
July 2018: release of the second beta version of the platform.
August 2018: recruitment and cooperation with external specialists.
September 2018: Run the node app.
November 2018: release of YayProto trading platform.

The initial placement of the coin will take place in several stages: the pre-sale period and the main round of tokens. Tokens are distributed as follows:
50% - the main stage of ICO;
15% - implementation during PRE-ICO;
10% - project team;
10% - consultants and advisers;
10% - developer support program;
5% are members of the bounty campaign.

The price of the token is not fixed, varies depending on the token stage. That is, as long as the PRA-ICO is much more profitable than in the last days of sales. Thus, the pre-sale period, which begins on February 12 and lasts until March 26, 2018, involves bonuses of 60% to 25%. For 1 ETN can be obtained from 9375 YPT to 12,000 YPT. The main sales round will run from April 23rd to May 28th and bonuses in this period will drop from 20% to 4%, and the price from 9000 YPT to 1 ETN to 7800 YPT. ETH will be accepted for payment, minimum transaction amount is 1 ETN or 0.04 PTS (for pre-sale period).

The collected investment will be used as follows: