Quick guide to recurring purchases

Quick guide to crypto recurring purchases

Recurring purchases allow you to recur a Bitcoin or Ethereum buy automatically and on a regular basis. Find out why it can be useful and how to activate it!

In this guide, you will learn how to activate the recurring purchase functionality on Young Platform, and choose the option that suits you. But first of all, what is a recurring crypto purchase? It is a feature that makes crypto purchases automatic. Once you set up a recurring purchase, the Young Platform app will buy your chosen cryptos for you, in the amount and frequency determined by you. This way, you won’t have to do it manually. 

Why set up a recurring purchase? 

Beyond convenience, why is it be useful to set up a recurring purchase? Often, recurring purchases is chosen by those who don’t feel like as confident as experienced trader ready to intercept the best time to buy. By setting up a recurring purchase, you buy crypto consistently, regardless of price changes. Whether the price is at its highs or its lows! Generally buying when prices are high is not very profitable, so why is the practice of recurring purchases used? Some people choose to buy on a regular basis to try to minimise price volatility. For example, say you buy BTC on a monthly basis, albeit at different prices. By the end of the year, you will have bought BTC at the yearly average price. All without the stress of having to interpret charts. In other words, with recurring purchases you are not trying to guess the right time to buy.

Recurring purchases are also a feature used to avoid buying crypto impulsively, avoiding getting caught up in excessive enthusiasm or incurable defeatism. Ever heard of behavioural finance? With recurring buying you can keep your cool during even the worst bear markets. 

How do I activate a recurring purchase? 

You can set up a recurring purchase directly on the Young Platform app, in the Spot Wallet section of your chosen cryptocurrency (on Young Platform you can set up a recurring buy of Bitcoin or Ether), or in the Money Box section of your chosen cryptocurrency. If you use the web platform, start from the trading panel on the Home Page. 

Choose a frequency option:

  1. Weekly;
  2. Biweekly;
  3. Monthly.

Select a payment method by which you will use for your crypto recurring purchase:

  1. Euro balance (free of charge);
  2. A debit or credit card (with fees);

You can activate it on two type of wallets:

  1. Moneybox;
  2. Spot Wallet.

That’s right: it is possible to set up a recurring purchase to the Spot Wallet but also to the Young Platform Moneybox.

We prepared a tutorial for each one!

Recurring Purchase on the Spot Wallet

The Spot Wallet is what you use to trade and transfer in the short term.

The recurring purchase on the Moneybox

The Moneybox allows you to leave your crypto untouched that you want to keep aside for the medium to long term. But for what purpose?

The Moneybox works just like a real piggy bank. You can store your cryptocurrencies that you don’t want to allocate to your more frequent buying and selling activities. 

Turkey and Syria emergency. Donate now for children affected by the earthquake

turkey earthquake

After the earthquake in Turkey, Young Platform renews its collaboration with Save the Children to send crypto donations

The earthquake in Turkey in February mobilised donations and solidarity from all over the world, united in the face of a natural disaster. 

As now well known, on the night of 5-6 February, the area bordering Syria was the epicentre of a strong earthquake (magnitude 7.8 and 7.5). The two tremors resounded as far as Cyprus, Lebanon and Israel. The phenomenon returned on 20 February with the epicentre in the town of Hatay in south-west Turkey, with a magnitude of 6.4 and 5.8.

The main victims of the earthquake in Turkey: children

After the first earthquake, Turkey declared over 41,000 dead, thousands injured and buildings collapsed. In all, 1.4 million children are suffering the damage of this catastrophe. The survivors among them are now without shelter.

These territories and especially their most disadvantaged inhabitants must receive as much aid as possible, international contributions are not enough, and it will take a long time to heal just one of the many wounds of these countries.

Save the Children with the Emergency Fund ensures that the children affected by the earthquake receive all kinds of help.

You can also make donations in cryptocurrencies, as was already possible this Christmas.

How to send donations for the earthquake in Turkey

Below are instructions on how to send cryptocurrencies to the Emergency Fund.

  1. Start from this page;
  2. Choose the crypto to donate;
  3. Choose whether to make an anonymous donation or enter your details;
  4. Click on ‘Donate now’;
  5. You will see the address of the destination wallet in the form of an alphanumeric code and as a QR code. Copy it to the clipboard;
  6. Open the Young Platform app in the Wallet section;
  7. Select the cryptocurrency you have decided to use;
  8. Click on “Withdraw”;
  9. Enter the amount and click on ‘Continue’; 
  10. Paste the Save the Children wallet address you copied from the link provided or scan the QR code. We advise you not to write the address manually to avoid typos;
  11. Definitively confirm the withdrawal via the email you will receive at your address. 

If you want to view the status of your transaction on the blockchain, you can paste the TxID into the search bar of a blockchain explorer such as Blockchair

This way you can track your crypto donations and make sure they reach Save the Children, who will use them to help the children victims of the earthquake in Turkey. 

New Club benefit: the monthly Market Report

New Club benefit: the monthly Market Report

For Silver, Gold and Platinum Clubs a monthly Market Report created by our trading team

When your friends ask you how the market is doing, do you only answer with “Up” or “Down”? Do you get by on “hearsay”? 

No problem! Finding reliable and timely information today is not easy. That’s why we do it for you, with the Market Report

If you are a member of a Club, you will have already received the first two Young Platform Reports by email, with which we collected your feedback, but the time has come to make this benefit official. 

From now on, the benefit is reserved for Silver, Gold and Platinum Clubs: these members will receive an in-depth market analysis at the beginning of each month, covering the previous month

For those who are not yet members of the Clubs, here are the main points covered by the report: 

  • Market Capitalisation Analysis
  • Bitcoin Dominance and Price Action
  • Price action of Ethereum and the ETH-BTC pair
  • Price action of the monthly crypto
  • US monetary policies
  • Monthly news
  • On-chain data for Bitcoin, Ethereum and the monthly crypto

Is there any data or topic you would like to see covered monthly in this report? Post a suggestion on the Discord channel and we will adapt the report with the most requested additions.

Staying abreast of the market is essential to be in control of your resources and make the best use of them. With the Market Report you have a tool created by professional traders that sums up everything you need to pay attention to in order to have a thorough understanding of the current situation. 

The Unusual World of Web Domains: Tales and Trivia

Have you ever wondered what ‘Google’ means or what the longest domain on the web is? Get ready for 90s revival-themed trivia

Digging deep into the history of internet domains and beyond, we have uncovered these 5 curiosities and trivia. Among mysterious characters only forums talk about, beyond the most ridiculous and useless websites, in the depths of vintage web archives, absurd and unexpected facts have emerged. Let’s get to it.

1. In 2015, someone bought Google.com for $12

The history of the Google domain is full of oversights, starting from its inception. Can you imagine typing Googol.com instead of Google.com? It would be ironic, since Googol was originally supposed to be the name of the famous search engine. 

The term means ‘10 to the power of 100’ (1 plus 100 zeros) and it was Larry Page‘s university friend Sean who suggested it to him in 1997. Larry approved the name and Sean registered it for him, but without knowing the correct spelling of the word, so he purchased the name we know today.

Google’s second slip-up happened in 2015, when in the middle of the night a former employee of the giant, Sanmay Ved, managed to buy Google.com.

Sanmay did not expect to be able to get the domain, and for only $12 moreover, yet he even received the invoice. Google, however, did not take too long to regain possession of his domain on the web: in just one minute, Sanmay saw the world’s most powerful URL slip out of his hands.

The trilogy ends in 2021 in Buenos Aires: it is evening and a young designer, while working, notices that Google is not working. So he checks the site responsible for internet domains in Argentina and sees that Google Argentina is for sale. Someone in his place would perhaps have thought it was an error or a bug and would have ignored the anomaly. Instead, Nicolas, our champ, decides to click and the purchase goes through for the equivalent of just €2.30. For a few hours, this time, the domain was in Nicolas’s possession, yet Google did not clarify why the domain was available, nor how it brought it back under its control. 

2. Cancelled web domains: a geopolitical ghost story

There are 5 ccTLDs that have been deleted due to geopolitical changes. Yes, Risk is also played out on the WWW and it can be fascinating to discover how these events are handled in different ways by ICANN and the entities involved, as well as being a dropcatching opportunity for the domainers of these countries.

The process of removing a ccTLD from a country that no longer exists or has a new name is not always immediate. In the case of the former Soviet countries and the USSR itself, there are many examples of transitions that dragged on for years. The .su (Soviet Union) domain itself is still usable, so much so that it still has about 100,000 registered domains and seems to be very popular with cyber criminals.

Some, on the other hand, actually disappeared:

  • .an: the Netherlands Antilles dissolved in 2010, since then ICANN accepted the domains .bq (Caribbean Netherlands), .cw (Curaçao) and .sx (Sint Maarten) as replacements.
  • .dd: the domain was originally intended for the GDR (German Democratic Republic), but was only used internally between two East German universities.
  • .um: this TLD referring to the US Minor Islands was removed in 2007. It used to be managed by the University of Southern California, but the islands have been virtually uninhabited for decades and the institute asked to be relieved of this responsibility.
  • .yu: the ccTLD of the former Republic of Yugoslavia, which was permanently dissolved in 2006, was only removed in 2010 after .yu website owners managed to move to the .rs (Serbia) and .me (Montenegro) top-level domains.
  • .zr: shortly after the introduction of the ccTLD for the Republic of Zaire, the African state changed its name to Democratic Republic of Congo in 1997 and was given the extension .cd. The .zr domain was finally deleted by ICANN in 2001.

To the domainers out there, keep your eyes peeled for geographical shifts.

3. Get the longest possible domain? Challenge accepted!

The Internet really is a wonderful place, and just as self-referential. If you’ve already got lost among the photos and wiki pages of very long place names, you won’t help but LoL about this next geographical trivia.

The world’s first longest domain is actually the name of a village in Wales. In 2002, llanfairpwllgwyngyllgogerychwyrndrobwllllllantysiliogogogoch.co.uk was registered and entered the Guinness Book of Records with 58 characters excluding the TLD. However, consider that the maximum length allowed for any part of the domain is 63 characters.

In fact, someone in 2007, challenged this record by registering llanfairpwllgwyngyllgogerychwyrndwllllantysiliogogogochuchaf.eu, with 60 characters excluding the TLD. “uchaf” means the ‘old’ or ‘high’ part of the village. I challenge you to pronounce it in one breath, that would be a real record.

In those years, however, two other domains actually reached 63 characters. The first contains a blog dedicated to Pi, by a German mathematician so passionate that he memorised the whole domain name:

3.141592653589793238462643383279502884197169399375105820974944592.eu.

If, however, the requirement for the world record is to create a domain consisting of letters, thisisthelongesteuropeandomainnameallovertheworldandnowitismine.eu wins it

4. Coca cola made a marketing campaign using 61 domains

Coca Cola’s strategy wasn’t too different, its marketing department took domains so seriously that they made a promotional campaign out of them. You know those commercials for Santa’s favourite drink? At some point you hear an opening ‘click’ or a thirst-quenching ‘ahh‘. This is like a slogan for the scarlet brand. 

Thus in 2013 as many as 61 domain names appeared, starting with “ahh.com” and the rest was with an increasing number of ‘h’s. Today, these sites are mostly for sale or inactive, but at the time the intention was to impress millennials who were indifferent to classic promotional means.

5. One man in 2012 bought 14,692 domains in one day

If you think Nicolas or Sanmay were heroes, you haven’t met Mike Mann yet. Mike is not one of those dropcatching vultures, he creates domains. If you ask him why, he replies that it is out of greed: Mike simply wants to own the world. But who is this mysterious character with such a common name?

This greedy domainer is now 56 years old and has been in the domain scene since the beginning. In the 1990s, he founded an Internet Service Provider company, but one day someone offered him $25,000 for a domain he owned, and the next day they offered him twice as much. Realising the opportunity, having paid only $70 for that domain, he immediately dove into the at-the-time wild domain market.

Mike thus began creating and selling hundreds of domains a day, but in 2012 he outdid himself by purchasing 14,692 in just 24 hours. 

Today, the entrepreneur still owns a few domains, on which he has founded companies and organisations. He owns none other than SEO.com and Phone.com, an SEO agency and a phone service company respectively. He then founded DomainMarket.com and AccurateAppraisals.com dedicated to the Internet domain market. But he also got involved in social work, creating the educational project FearlessLeaders.com and MakeChange.com, a charity organisation. Makemillions.com, on the other hand, is the site dedicated to his book, and of course he owns MikeMann.com.

Hopefully these 5 interesting facts about internet domains made you go “ah!” at least once, like in a Coca Cola commercial. And if you’re still thirsty, discover more facts in the history of internet domains.

6 ways to use your Monuverse NFT

6 ways to use your Monuverse NFT

In preparation for the release of Episode I of Monuverse’s NFT collection, let’s explore 6 ways of using them

Let’s recap how the collaboration between Monuverse and Young Platform works, explained in full in this article.

By the 9th of November at 5 p.m. (UTC), Club members who want to attempt to be whitelisted must register with their wallet address on the whitelist page (check your email for link and password).

Those who are on the whitelist will be able to purchase and mint a maximum of 3 NFTs at the advantageous price of 0.07 ETH each on 11 November from 5 pm to 7 pm (UTC).

Once purchased, you can display your NFTs on OpenSea and similar applications.

Remember you will be able to see the real image or video you have purchased  only after the Reveal phase is completed.

Once you have obtained the NFT and discovered its contents, there are 6 benefits and uses to which you have access.

1. Protection and promotion of cultural heritage

You are officially a Web3 philanthropist: by purchasing an NFT, you are helping to fund the preservation of the Peace Arch. And, by purchasing future Episodes, you will do the same for other monuments.

For Episode I, the Milanese monument protection organisation will receive 12% of the royalties from your purchase in the primary market (minting), while in the secondary market it will receive 1%.

In metaverse galleries, on compatible social networks and on your screens at home, you will be able to display and promote your work freely. The blockchain will irrefutably tell your story about how you helped preserve an artistic work.

2. Web3 Community

Crypto communities are typically found on messaging and social apps, e.g. Discord, Reddit, Telegram, while projects and teams communicate mainly on twitter (for now). Monuverse also has a Discord server for its patron community and a Twitter profile for official communications.

As is often the case, the possibility of participating in events and conversations with the team is much higher for owners of rare NFTs.

3. PFP and Avatar

There are different types of NFTs. Among them, PFPs are very popular on social media. They are simply NFTs used as profile pictures, so they are usually static images representing the face of a character. The NFTs of the Bored Ape Yacht Club for example are widely used as profile pictures.

An Avatar, on the other hand, is a 3D version of a character. It is usually used in video games or simply in a metaverse and is often customisable through accessories and skins.

Monuverse gives its community a PFP and an Avatar in the metaverse it is building, and you can use them not only on Monuverse, but on most Web3 applications.

Each Episode corresponds to PFPs and Avatars that reflect the historical period or culture of the chosen monument. So, for example, for Episode I, centred on the Arch of Peace, characters from the Napoleonic era will be distributed.

4. Whitelist

Owning a Monuverse NFT grants you priority access to the whitelist of future episodes. This means that you can mine your NFT at a cheap price compared to the public sale price. The rarer your NFT is, the more likely it will be to be whitelisted.

5. Voting rights

You can vote with the rest of the community to choose the next monuments that Monuverse will commit to replicate and protect. From the roadmap, the team also plans to create a more extensive voting system for the community and a DAO to reward active user participation.

6. Buying and selling

Of course you can resell your Monuverse NFTs either before the Reveal phase or afterwards, on the secondary market of OpenSea and other aggregators such as LooksRare, Rarible, x2y2. You can sell as many as you want; giving up ownership of all NFTs. However, this also means giving up the community and its benefits.

Moreover, selling is only an option if you think that the NFT you own may be in such demand on the market that it will bring you a significant profit for you in the chosen period. 

Club benefit: access to the NFT Monuverse whitelist

club benefit monuverse nfts

Find out how to get early access to Monuverse NFTs at an advantageous price, thanks to the Clubs

8/11 update: the price of NFTs minted by those on the whitelist has been lowered to 0.07 ETH.

Monuverse is an ambitious project that seeks to transpose the world’s cultural heritage into the metaverse, with the aim of protecting its preservation and spreading awareness of the great cultural heritage to which we still have access.

We did say the benefits for clubs would continue, didn’t we? Well, as promised, here’s another one! Find out how to access the whitelist for the next Monuverse NFT drop.

What is Monuverse?

The Monuverse project creates NFT collections representing replicas of monuments and cultural sites through 3D modelling, reconstruction, 3D imaging and generative art.

A portion of the proceeds from the sales of these NFTs will go to local institutions responsible for the maintenance and restoration of the monument represented in the NFT.

Besides the interest in terms of collecting, being one of the virtual owners of a real historical monument is also a way to contribute to the preservation of cultural heritage in a unique way. We say ‘one of the owners’ because, at least according to Italian intellectual property law, it is not possible to be the sole owner of an element of cultural heritage. Hence why they are fragmented NFTs in the form of collective ownership of the monument they represent.

Monuverse is starting its collection with an Italian monument, with its first release being NFTs of the Arco della Pace (Arch of Peace) in Milan. The ultimate goal is much broader: to populate a historical metaverse where users can use 3D avatars with epoch-specific clothing and participate in virtual events, art exhibitions, and festivals.

What benefits do you get by purchasing a Monuverse NFT?

By purchasing an NFT from a Monuverse collection, you’re contributing to the protection of cultural heritage. This is the main value of the token.

However, having a Monuverse NFT also means joining a community and participating in a project, which provides a number of benefits.

  1. You get a PFP and a free 3D Avatar.
    A PFP is a profile picture in NFT format: you can use it on social networking sites and in all applications that support NFTs.
    On the other hand, an Avatar is your character in the metaverse: Monuverse has created several designs insipired bu various historical eras and cultures.
  2. You get guaranteed access to the Whitelist for upcoming Episodes.
    I.e. the possibility of minting new NFT collections to be released in the future at the cheapest price.
  3. You have access to Monuverse initiatives and events.
    The first example was the artistic performance in Milan last December at the Arco della Pace.
  4. You have the right to vote on the next monuments that Monuverse will release.

Discover all the 6 ways to use your Monuverse NFT!

How will the NFTs be released?

The release of Monuverse collections is done by Episodes. Episode I will begin on the 11th of November, during which 7,777 unique NFTs classified into 9 rarity levels will be released.

On the 11th of November, Episode I will take place in three consecutive phases starting at 5pm (UTC):

  1. The Chosen Ones: minting for the top whitelist band;
  2. The Believers: minting for the second whitelist band, called ‘Pre Mint’;
  3. The Brave: minting for public sale.

The price of a single NFT varies according to the phase in which you participate. 

  1. The Chosen Ones: 0.09 ETH (approx. €145); lowered to 0.07 ETH (approx. €104)
  2. The Believers: 0.09 ETH (approx. €145);
  3. The Brave: 0.11 ETH (approx. €175).

Initially, each NFT will contain the same generic image. To find out which level of rarity you have purchased, you will have to wait about a week. At the end of the waiting period, the Reveal phase will begin, i.e. the phase in which you will discover the actual image or video of your NFT that will correspond to one of the 9 animations representing the different rarity levels.

Since it is an NFT, it will always be exchangeable, both in its generic version before Reveal and in its final post-Reveal version, in exchange for ETH.

What is the benefit for Club members?

Thanks to the collaboration between Young Platform and Monuverse, there are 1200 reserved places on the first-tier whitelist for club members.

Being on the whitelist allows early minting of up to 3 NFTs at 0.07 ETH (about €104), i.e. buying them, registering them on the blockchain and transferring them to your wallet.

Please note: you have until the 9th of November at 5 p.m. (UTC) to join a Club and sign-up for the whitelist!

As places are limited, priority will be given to members of higher-level clubs.

How to apply for the whitelist

By the 9th of November at 5 p.m. (UTC), Club members who want to attempt to be whitelisted must register with their wallet address on the whitelist page.

Follow these 3 basic steps.

1. Join a Club or increase your level

The very first thing to do if you are not in any Club or in a low-level Club, is definitely to sign up now. That way, you have time to deposit money, buy YNGs and lock them in a Club before the 9th of November.

The higher your Club level, the more likely you are to be whitelisted.

We recommend performing the remaining two steps from the desktop.

2. Create an Ethereum wallet

If you do not have a web wallet for Ethereum, one of the most convenient and compatible applications is Metamask. You can create one like this:

  • Go to Metamask
  • Click on ‘Install MetaMask for (browser)’.
  • Click on ‘Add to (browser)’.
  • After installation, a new tab should open automatically. If it does not, go to the list of extensions and click on MetaMask.
  • Click on ‘Create a Portfolio’.
  • Click on ‘Accept’.
  • Set a password, check the box to accept the Terms of Use and click ‘Create’.
  • Click ‘Next’ and then ‘Click here to reveal the secret words’.
  • Write the secret phrase (seed phrase) on paper now and keep it in a safe place. Click on ‘Next’.
  • Select the words of the secret phrase in the correct order and click ‘Confirm’.

3. Sign-up on the minting page

  • Register at the minting page
    • Click on ‘Login to Sign-up’.
    • Click on ‘Metamask’.
  • Enter the password communicated by Young Platform by email after 48 hours of joining the Club (or November 5th if you are already in a Club).
  • Connect your wallet, enter your name and click on Sign-up.
  • If you see a congratulations pop-up, you are whitelisted.
  • Transfer your ETH from Young Platform to Metamask. If you do not have ETH, buy them on Young Platform and then transfer them to Metamask. 

Please note: When deciding how much ETH to buy and transfer to Metamask, please consider: 1) the number of NFTs you want to buy (maximum 3), 2) ETH transfer fees to Metamask (0.0025 ETH), minting fees (min. 3$) and for any emergency transactions in case of an error.

How do I transfer my ETH to Metamask?

You can send ETH and tokens from another wallet to a new MetaMask account. Simply copy your new public MetaMask address and go to your existing wallet or exchange to send funds to your new wallet address.

You can find your MetaMask address under the account name (in the format 0x12r45…6HJ9).

To transfer ETH from Young Platform follow this guide.

For further questions please consult the MetaMask FAQ by clicking here.

What should I do on the 11th of November?

If you made it onto the whitelist, on the 11th of November, you will be able to participate in the early minting from 17.00 UTC for around 2-3 hours, at 0.07 ETH per mint.

You can still buy NFTs in later stages if you wish, but they will have the costs specified above.

In any case, here is how to mint:

  1. Click on the link we will email you 48 hours after you join the Club (or November 5th if you are already in a Club).
  2. Connect your wallet.
  3. Select the number of NFTs you wish to purchase (maximum 3 whitelisted).
  4. Click on Mint to make payment in ETH.
  5. Wait for a congratulations window to appear.

Congratulations, NFTs are now inside your wallet!

How to view your NFT

Once purchased, you can view and display your NFTs on all major generic marketplaces including OpenSea.

To view your NFTs simply:

  1. Go to OpenSea.
  2. Link your wallet in the top right-hand corner by clicking on the profile or wallet icon
  3. Go back to your profile. Under the ‘Collected’ tab, you can view your NFTs.

Remember that you will only be able to see the real image or video you have purchased after the reveal process is done.

Young Platform signs a partnership with the world’s leading Web3 domain provider

Young Platform signs a partnership with Unstoppable Domains

A partnership has been secured between the world’s leading provider of Web3 domains, Unstoppable Domains, and Italy’s leading cryptocurrency exchange, Young Platform.

Turin, the 2nd of November 2022 – Young Platform, Italy’s leading cryptocurrency exchange, has signed a partnership with Unstoppable Domains, the world’s leading provider of Web3 domains. The partnership will allow more than 1.5 million people in Italy, present within the Young Platform ecosystem, to educate themselves on the Web3 world and to receive a free credit to purchase a Web3 domain.

The partnership was signed by Andrea Ferrero, Co-Founder and CEO of Young Platform and Sandy Carter, SVP and Channel Chief of Unstoppable Domains. Young Platform is a scale-up founded in Turin in 2018, which today has names such as Azimut, United Ventures and Banca Sella among its investors. 

This is a blockchain-based collaboration, bringing NFTs and cryptocurrencies together. Founded in San Francisco, California, Unstoppable Domains allows people to create Web3 domains that can become a fundamental part of their digital identity. A Web3 domain, in its simplest form, is a name (example: alicesmith.nft) that exists as an NFT on the blockchain. This allows the owner of the domain to have all associated data under their direct control. They are also able to use it as a digital identity across hundreds of web3 Dapps, wallets and exchanges. These use cases can be summarised in one fundamental concept: data sovereignty. Data sovereignty means that only the owner has the right to decide who or what can access their data, what data they want to share with which apps as well as how it is used.

In Web2, it is difficult, if not impossible, to move data from one app to another because big technology companies create closed ecosystems. For example, we can publish the same content on all Meta services or use the same account for all Amazon services, but using the same content or credentials on both is impossible.

By contrast, the definition of Web3 is based on content sovereignty: there are no companies asking for data in exchange for services. Instead, developers create services, and users use and pay for them without relinquishing control of their data. All this is possible thanks to blockchain technology, which makes the ownership of all kinds of tokens immutable and secure with cryptography. Smart contracts are crucial for this too, as they make it possible to build decentralised applications (DApps).

Young Platform is positioned as the Italian entry point for the cryptocurrency market, and it now has over 1.5 million registered users. Young’s proprietary token (YNG), based on Ethereum, was first distributed free of charge only through educational features (such as the Step app), and then introduced to the market in June 2022. In the same month, Young Platform closed a EUR 16 million investment round led by Azimut. The ‘cryptocompany’ aims to create a team of 110 employees by the end of the year.  Having taken its first steps in the i3P incubator of the Politecnico di Torino, today, Young Platform aims to become a smart digital bank, natively focused on digital services with solid foundations based on regulatory compliance and dialogue with regulators. The company retains a mix of talent and experience, thanks to an advisory board of professionals from high finance and the tech world, as well as the ability to aggregate an aware and resilient community.

“Unstoppable is giving the power of the Internet back to the people. We’re excited to partner with Young Platform to expand access to Web3 through strong crypto education and access to Web3 domains,” says Sandy Carter, SVP and Channel Chief of Unstoppable Domains.

“This powerful integration is just one step in an exciting journey to facilitate Web3 adoption. We are excited to partner with Unstoppable Domains, and are confident that this implementation is just one of many more exciting collaborations to come,” says Andrea Ferrero. “Unstoppable Domains is doing an amazing job of paving the way for a decentralised identity. Suffice it to say that your Unstoppable Web3 domain is your wallet address, your decentralised web access and your universal username, all at the same time. Web3 was introduced in our educational paths and integrated in our products. Thanks to this effort, it’s now accessible to everyone, also in Italy.” 

Get an Unstoppable Domains voucher with the Clubs

Get an Unstoppable Domains voucher with the Clubs

Today, if you are signed up to a Club, you will receive a voucher to redeem a credit on Unstoppable Domains. Go Web3!

Today, the 31st of October, starting at 17:30 (UTC), the distribution of Unstoppable Domains vouchers via email will begin to those who are already signed up to the Clubs.

Please note: vouchers will take between 48 and 72 hours to be sent to both subscribed and new subscribers.

If you are not yet in any Clubs, you have until 11.30 a.m. (UTC) on 28th of November to sign up and automatically receive your voucher within 48 hours. Find out more about the Clubs.

Below are the voucher amounts according to your Club level:

  • Bronze: $60
  • Silver: $70
  • Gold: $90
  • Platinum: $110

If you’re in a Club but can’t find the voucher email, check your spam folders and see if Young Platform addresses are blocked from your inbox: [email protected] and [email protected]

Don’t know what we are talking about? We announced this new advantage for clubs in this article.

What should I do now that I have a voucher?

The first thing to do is to create an Unstoppable account and redeem the voucher for credit.

It is important to do this now because all vouchers expire on the 29th of November.

After redeeming the voucher, the credit must also be used as soon as possible.

The credit will expire 90 days after you redeem it.

To purchase a Web3 Domain using the credit applied to the account, follow this guide.

How to use a voucher on Unstoppable Domains

How to use a voucher on Unstoppable Domains

If you have obtained an Unstoppable Domains voucher, this is the guide for you. Here is the step-by-step explanation on how to buy a Web3 Domain and make it yours.

1. Create an account on Unstoppable Domains

We recommend operating from a desktop throughout the procedure for the best experience.

Creating an Unstoppable account is really simple. From the homepage, click at the top right on Sign up/Log in.

As you see, you have several options: use your Google profile, Twitter, connect a wallet or create new credentials.

Once you have chosen your credentials, you will receive an email to confirm your sign up. Click on the link in the email to verify your account.

2. Redeem the voucher

Your account is now ready. From the menu at the top of the page, click on the ‘Account’ button and then on ‘Redeem a Gift Code’.

Paste your voucher received by email from Young Platform into this section and redeem it by clicking on ‘Apply’.

Your account is now associated with credit to be used for any purchase.

NB: You have until the 29th of November to redeem the voucher.

3. Buy a Domain

You can purchase an Unstoppable Domain either from Young Platform Web or directly from the Unstoppable Domains site.

Once you have applied credit to your Unstoppable account, use the search bar to find the domain you want to purchase.

Remember that all prices are in US dollars, as is the value of your voucher.

In this paragraph you will find the aspects to be evaluated when choosing a Web3 domain name.

Once you have chosen the domain, add it to the basket and select a method of payment.

We recommend following the official guide especially if you want to pay in cryptocurrencies.

When you have made your purchase, you will find your new domain under ‘Account’, in ‘My Domains’.

NB: you only have 90 days from the time of redemption to use the credit.

4. Mint your Domain

The domain is now yours, but it is not yet registered on the blockchain.

For this step, you must have a compatible wallet with which to associate your new Domain.

You can do it whenever you want, so take your time. Just know that until it is registered on blockchain, it is not universally verifiable that it is yours.

4a. Prepare your Wallet (for example: MetaMask)

If you do not yet have a Wallet Metamask or equivalent, here is how to create one:

  1. Go to https://metamask.io/download/
  2. Click on ‘Install MetaMask for (browser)’.
  3. Click on ‘Add to (browser)’.
  4. After installation, a new tab should open automatically. If it does not, go to the list of extensions and click on MetaMask.
  5. Click on ‘Create a Portfolio’.
  6. Click on ‘I accept’.
  7. Set a password, check the box to accept the Terms of Use and click ‘Create’.
  8. Click ‘Next’ and then ‘Click here to reveal the secret words’.
  9. Write the secret phrase (seed phrase) on paper now and keep it in a safe place. Click on ‘Next’.
  10. Select the words of the secret phrase in the correct order and click ‘Confirm’.

4b. Connect the wallet to Polygon 

Still following the desktop procedure, connect your web wallet to the Polygon network, where your Unstoppable domain will be registered.

These are the steps for Metamask:

  • Go to PolygonScan.com
  • Scroll down to the site footer and click on Add Polygon Network
  • MetaMask will ask you to approve the changes. After doing so, click on Switch Network

4c. Mint your Unstoppable Domain

Now everything is ready for minting, i.e. to register the domain on blockchain:

  1. Go back to your Unstoppable Domains account
  2. Go to ‘My Domains’:
  3. Select ‘Free Mint’ next to your domain and click on continue.
  4. Select the wallet in which you want to mint your domain.
  5. Tick the  “I understand” box and confirm.
  6. Confirm your e-mail, enter the verification code and confirm.
  7. Your domain will be minted on Polygon. The operation may take several minutes depending on the traffic on the network. Click on Track Progress for more details on the status of the operation.

It’s done! The Web3 domain is yours, and it is verifiable on the blockchain.

It’s time to discover 10 ways to use your Web3 Unstoppable domain!

New Club benefit: Unstoppable Domains

Many benefits are coming to the Young Platform Clubs. Today, we reveal the first one: Unstoppable Domains

Unstoppable Domains is a solution for Web3 domains, also called NFT domains. If you don’t know what it is about, it is a very interesting trend and we have touched on the topic in recent Academy articles:

If you too are now all about Web3 domains; the good news is that from today, you will also have access to this technology on Young Platform thanks to two new features. 

New feature on Young Platform Web for Unstoppable Domains

Thanks to a dedicated integration, it is now possible to search and purchase Web3 domains from Unstoppable Domains directly from the desktop version of Young Platform.

How does it work? As of today, the 26th October, you can explore Unstoppable’s offer directly from the Home section on the web version of the exchange. In addition, crypto withdrawals to Unstoppable domains have been activated, as they function exactly like wallet addresses. 

The search and purchase functionality of your Web3 domain is only available on desktop, because it is certainly more convenient to make such a purchase while sitting at your computer rather than on a small mobile device. Read the guide.

But don’t be in a hurry to buy your first domain on blockchain, because in a few days, unmissable promotions will be underway!

New benefit for Clubs

This will be a temporary, one-time benefit. By joining (or remaining) in a Club from the 31st of October to the 28th of November you will receive a free Unstoppable Domains voucher by email. You can apply this voucher to your Unstoppable account to purchase a Web3 domain at a bargain price.

Naturally, the higher your Club level, the greater the credit given to you by the voucher will be.

If you are already in a Club and are interested in a coveted domain, you may want to increase your Club membership level for higher credit. The Club you joined on the 31st of October will count.

On the other hand, those joining clubs for the first time will receive credit according to the first club they join between the 31st of October and 28th of November. 

  • Bronze: $60
  • Silver: $70
  • Gold: $90
  • Platinum: $110

More details in the 31st of October launch article.

Once you have your voucher, stay in the Club to get access to all the other benefits. We have great news in store!

How to prepare for a voucher

1) First of all, make sure that you have a working email address and that you receive emails from Young Platform correctly, as this is how you will receive your voucher. To do this, check that the addresses [email protected] and [email protected] are accepted in your mailbox, and that they do not end up in spam or get blocked. Contact support in case of problems

2) If you are not yet a Club member, you can start purchasing the YNGs required for membership.

If you are already part of a Club, you have less than a week to make a deposit and purchase the YNGs needed to increase your benefits level by the 31st of October. We always remind you that these YNG are not spent, but locked until you decide to unsubscribe. Find out more about Clubs

3) Inform yourself with the articles dedicated to NFT domains and Web3 on the Academy and Blog, to discover all the opportunities you will have access to by participating in this advantageous event.

The golden rule: everyone is only entitled to one voucher. 

This is a unique opportunity and we can’t wait to get started!