Token YNG

YNG is the Utility Token developed by the European exchange Young Platform. The token allows users to access premium services of its main products: the exchange, its Pro version, Step and Academy. YNG’s main goal is to make users an active part of the crypto community that plays, trades and learns through the Young Platform ecosystem. Through its functions, the token will allow anyone to participate in an ever-evolving technology space. 

How does the YNG token work? To engage the user, a membership system, called Clubs, has been implemented. These regulate the exclusive benefits and services that come with owning YNG in your crypto wallet. There are in fact 4 levels: Bronze, Silver, Gold and Platinum. Club membership is determined by the number of YNG you’re willing to commit and grants discounts on fees, benefits on Airdrops, access to special events and increased rewards on staking. 

Launched with an Airdrop in 2018, the YNG Token has a busy development roadmap with initiatives, ideas and features constantly evolving. There are currently 12 million YNGs in circulation, distributed among advisors, crowdfunding campaign investors and in the wallets of Step and Young Platform users. The total supply is 100 million YNG: the remainder will be allocated between the team, advisors, direct sales and platform functionalities.

Correlated words


The SEC (Securities and Exchange Commission) is a U.S. government agency responsible for regulating and overseeing the securities markets.


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

Total Supply

Total supply is the entirety of tokens or coins that have been created or issued by a cryptocurrency project up to date.


Listing refers to adding a new cryptocurrency or token to an exchange, making it available for trading to the public.

Young Club

Young Platform's Young Club offers its members exclusive access to various benefits and discounts within its cryptocurrency ecosystem.

Utility Token

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


Tokenomics involves the economic rules and models governing the issuing, distributing, and using a digital project's tokens.


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 an event where a new cryptocurrency is sold to the public to distribute and promote it in the market.


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 cryptocurrency from an exchange's offerings, often due to non-compliance or poor performance.


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

Coin Burning

Coin Burning is a method to permanently remove cryptocurrency units from circulation, potentially increasing scarcity and value.


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

Black Swan Event

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


An Airdrop is a method of distributing new cryptocurrencies to the market, often for free or as a reward to community members.

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