Young Platform

1 million YNG Tokens bought in the first 4 days of the Community Sale

AP
Anna Perozzi

2 min

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After only 4 days of the Community Sale, 1 million YNG have already been purchased!

Today we celebrate a great achievement and take a moment to thank you and the entire Young Platform community for your support and trust in this great project of ours: the launch of the YNG token on the market! 

The Community Sale has been active since the 10th of May

Before the official listing scheduled for 31 May 2022, Young Platform organised a special sale for its community. From the 10th of May, you can buy YNG in advance and enjoy a number of benefits. Those who bought these YNG 1 million, did so with no fees and at a fixed price of €0.24 per token. They also received cashback (for a spend of €200 or more). Not bad, eh? Want to be one of YNG’s early adopters? You still have time until 24 May. 

How many YNGs have already been sold? How many are in circulation?

Young Platform’s tokenomics forecast a maximum circulating supply of 100 million, of which 1 million were sold in 4 days of Community Sale. Despite the sheer size of the figure achieved, YNG’s market adventure has only just begun!

Brace yourself, the news is not over!

YNG is a 100% European project, and Young Platform is proud of all the enthusiasm it is generating. A passionate community is the litmus test of a solid project. From the desire to enhance and reward our community, Clubs were born. Packages of discounts and unmissable benefits will soon be accessible by blocking certain amounts of YNG. The Clubs will be available from 31 May, at the same time as the launch of the Young token on the market.

This content constitutes a marketing communication pursuant to Article 7 of Regulation (EU) 2023/1114 (MiCAR) and does not constitute: (i) advice on crypto-assets under Article 80 MiCAR; (ii) portfolio management under Article 81 MiCAR; (iii) a personalised recommendation. Crypto-assets are subject to the risks described in the General Risk Disclosure; they involve a significant risk of losing up to the entirety of the capital invested. Users are invited to conduct independent and informed assessments, consulting the Terms and Conditions and, where appropriate, seeking advice from a qualified professional advisor before making any economic or financial decision. The payment account offered by Young Platform is governed by Italian Legislative Decree 11/2010 and cannot be equated to a bank current account; therefore, it does not benefit from the guarantees provided for deposits with banking institutions. Users are invited to consult the Payment Account Terms and Conditions.

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Crypto-asset services. Crypto-asset services are provided by Young Platform S.p.A., with registered office at Via F. Cigna 96/17, 10155 Turin, Italy. Young Platform S.p.A. is authorised by Consob and Banca d'Italia to operate as a Crypto-Asset Service Provider (CASP) under Regulation (EU) 2023/1114 (MiCAR), for the provision of the following services: the custody and administration of crypto-assets on behalf of clients; the exchange of crypto-assets for funds; the exchange of crypto-assets for other crypto-assets; the execution of orders for crypto-assets on behalf of clients; the placing of crypto-assets; providing advice on crypto-assets; providing portfolio management on crypto-assets; providing transfer services for crypto-assets on behalf of clients. YNG Token Issuer. Young Platform S.p.A. is the issuer of the YNG Token, a utility crypto-asset within the meaning of Article 4 of Regulation (EU) 2023/1114 (MiCAR), other than asset-referenced tokens (ART) and e-money tokens (EMT). The features, rights, operational functions and risks of the YNG Token are described in full in the White Paper notified on 17 April 2026 (DTI: RGN2XS8ZG). Contractual Documentation. For the contractual and economic terms and conditions, please refer to the Information Sheets and the Terms & Conditions. For details of the Young Platform group entity providing services to you, please consult the Terms & Conditions. For support enquiries, please contact us via Customer Support. Payment Account. Young Platform S.p.A. is registered in the relevant Register as a Payment Services Agent of TPPay S.r.l. and is accordingly authorised by the Organismo Agenti e Mediatori (OAM) under identifier no. 205532, registration no. SP5627. TPPay S.r.l. is registered at no. 27 of the Register of Electronic Money Institutions (IMEL), Mechanical Code 36928, maintained by the Bank of Italy pursuant to Article 114-quater, paragraph 1 of Legislative Decree no. 385 of 1 September 1993, as subsequently amended (Consolidated Banking Act), with registered office at Via Serviliano Lattuada, 25, 20135 Milan (MI), Italy. Risk Warning. Crypto-assets are instruments characterised by high volatility and carry a significant risk of loss, including total loss, of the capital invested. Crypto-assets held do not benefit from the deposit guarantee schemes established under Directive 2014/49/EU, nor from investor compensation schemes under Directive 97/9/EC. Past performance and projections do not constitute a guarantee of future results. For an overview of the risks, please refer to the Risk Disclosure.
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