Tokenomics

The SEC (Securities and Exchange Commission) is the federal authority that oversees the securities markets in the United States.

In blockchain, a Whitelist is an exclusive list of addresses granted early access to participate in ICOs or to purchase NFT collections.

Total supply is the overall quantity of a crypto-asset that exists, excluding any tokens that have already been burned or removed.

A listing is the addition of a crypto-asset to a trading platform, making it available for trading by that platform's users.

Young Platform Clubs are tiers of the programme, linked to the YNG token, that provide access to ecosystem benefits.

Utility Tokens are specialised cryptocurrencies that grant holders access to services and benefits, within a blockchain ecosystem.

The YNG token is the utility crypto-asset of the Young Platform ecosystem, with functions linked to its products and services.

Scarcity defines the limited availability of an asset, directly influencing its market demand and perceived value.

Peer-to-peer (P2P) networks facilitate direct user data exchange, bypassing the need for centralised intermediaries.

An NFT, or Non-Fungible Token, represents a unique digital item or asset recorded and verified on a blockchain.

Liquidity measures how easy it is to convert a cryptocurrency or financial instrument into fiat currency without affecting its value.

Inflation signifies the gradual increase in market or currency prices, impacting the purchasing power over time.

An IEO (Initial Exchange Offering) is a cryptocurrency launch event hosted by an exchange to distribute and market a new digital currency.

An ICO (Initial Coin Offering) is a fundraising in which a project issues and sells tokens in exchange for crypto-assets or money.

Fungibility is the characteristic of assets that are interchangeable and divisible into smaller units for ease of exchange.

Do Your Own Research (DYOR) emphasizes the importance of independent research and not solely relying on a single information source.

Delisting is the removal of a crypto-asset from a trading platform, thereby stopping its availability for trading by users.

Crowdfunding is an online method of raising funds, allowing broad participation from various individuals or groups.

Coin burning is the permanent removal of a quantity of crypto-assets by sending them to an address from which they cannot be recovered.

An Audit in software development is a thorough review process to ensure the correct and secure functioning of the software.

A Black Swan Event is unpredictable with potentially severe consequences, often radically changing the status quo.

Altcoin refers to any crypto-asset other than Bitcoin; the term comes from the words "alternative coin", meaning an alternative to Bitcoin.