Up&Down rewards are changing

young platform step

As of 1pm UTC on Tuesday 5 April, the rewards in YNG for Up&Down forecasts won will change

What will change from tomorrow?

There will be 3 changes:

1) YNG rewards for forecasts won on Up&Down will be halved in this way as of 5 April:

  • 3 hours Duration: 0.05 YNG
  • 6 hours Duration: 0.08 YNG
  • 12 hours Duration: 0.09 YNG

2) In the event of a tie (the price at the end of the duration is the same as the starting price) you will no longer receive the 0.05 YNG reward, but simply lose nothing. So a tie-breaker will be equivalent to losing the prediction.

This change will be applied between Friday 8th and Monday 11th

3) Quests on Up&Down will have higher rewards:

  • 3 forecasts/day: 0.06 YNG
  • 5 forecasts/day: 0.1 YNG
  • 10 forecasts/week: 0.12 YNG
  • 15 forecasts/week: 0.18 YNG
  • 20 forecasts/week: 0.35 YNG

If you had challenges in progress before April 5th, you will get the old rewards when they are finished. When the Daily Quests start again on April 6th, you will see the new rewards, while the Weekly Quests will start again in the new mode on Monday 11th.

Why are the rewards changing?

The Young Platform team is reviewing YNG’s tokenomics, the mechanics that give utility and value to the in-house token. A number of changes are planned in the coming months, with the aim of ensuring maximum benefits for those who own the token.

Unscheduled Maintenance on Step

We would like to inform you that an unscheduled maintenance will be initiated on Young Platform Step. The chosen day for the activity will be Wednesday, December 15th, while the affected time will be from 2pm to 3pm UTC. 

For this reason the Step app may be slowed down during the process.

The maintenance will be carried out in order to optimise Step’s features.

Any further updates in this regard will be communicated on the Telegram Group.


Thank you very much for your cooperation,

The Young Platform Team

Crypto Halloween has just started on Step!

Darkness sets in…

October is the gloomy month of Halloween, when it starts to get cold and rainy all the time, and everyone is a little crankier than usual.

Don’t worry, we’ve got you covered!

You should know that October is also Financial Literacy month, which we can modestly say, is one of our specialties 😉

If the term finance gives you a shiver of dread, Step will distract you with lots of new Quests that make it fun-ance.

And if you’re actually a big fan of finance and cryptocurrency, Step will have you under its spell this Crypto Halloween.

Trick or Step?

From now until November 2nd, you’ll find lots of new Quests to complete, special themed Quizzes and a great Ranking.

Update the app to see all the new features!

What can you do?

🏃🏻 Invite your friends to Young Platform Step and challenge them to a deadly walk with “The Horror Ranking“.

👻 Face the thrill of the market on Up&Down, with 8 monstrous coins available

👹 Exercise your brain with the new quizzes, and prove to your friends that you can beat the Devil on Bitcoin…But watch out for the zombies, they won’t be able to resist you!

Thanks to Crypto Halloween, you’ll be earning a lot more YNG in no time!

Summer has arrived on Young Platform Step as well!

August means holidays, sunshine, the seaside and lots of fun.

That’s why this year Young Platform is going on holiday with you!

For the first time ever, we are happy to introduce you to the Step Happy Summer ☀️

This summer edition of Step features lots of new Quests, Quizzes, Coins and a Special Ranking, so you can get ready for September with plenty of Young (YNG) to give you the boost you need to dive headfirst into the crypto world.

Discover them on Step, you will see them colored blue! 

👉 Invite your friends on Step and challenge them to walk the highest number of steps on the beach to win the ‘Step Happy Summer’ Ranking.

👉 Or test your skills on Up&Down while sunbathing – you have 8 coins to choose from.

👉 And then show your friends how much you know about Bitcoin and cryptos! You’ll be able to show off your skills with the new editions of our Quizzes. 

You’ll be earning more YNG in no time with the Step Happy Summer⚡

What are you waiting for? 🚀 You have until 31st August 🚀

Increased rewards on Up&Down

In order to reward our users who are committed to analysing the market and predicting price movements on a daily basis, the Young Team has decided to increase the YNG token rewards on Up&Down.

The Team wants to give credit to all users who began with us the journey of learning about crypto markets and cryptocurrencies, in accordance with our mission to democratise access to cryptocurrencies in an informed manner.

Therefore, as of today, the frequency of video advertisements in the Claim/Video button will be gradually reduced, and the 0.05 YNG reward will be allocated to Up&Down predictions.

But there’s more!

If you want to become a good investor, consistency must become your trump card. Making the study of the market a habit is indeed a Challenge. So, get ready because there’s some big news coming up.

Don’t know how Up&Down works?

Read our support article

What are you waiting for?

Make your prediction on Up&Down!

The new Ranking is out now!

Discover the new Profile Section and the new Ranking on Young Platform Step: you can decide the duration, the number of partecipants and the prizes!

Many things have changed in these months and our movements are still restricted, but Step wants to take back a little bit of freedom.

So no more weekly rankings: now you choose the terms of the race!

Whereas the ranking has always been a great virtual gathering of walkers and runners, from now on small groups of friends or community users will form thanks to the new custom rankings.

How does it work?

With the new Rankings section ou have a new way to challenge your friends and the Community. Decide the duration, the number of participants and the prize up for grabs.

The prizes work like this: participation requires a contribution in YNG and the sum of each participant’s contributions will go to the winners.

Another new feature is that, once you’ve joined a ranking, you can invite your friends to compete with you.

What can I do to start?

  • Join the ranking of another Step user
  • Create a new ranking yourself

Read the complete guide for full details on how the Ranking section works.

What about the old rankings?

All old rankings (global and weekly) are deactivated and their winners will no longer receive prizes from today.

Other news

The Profile section has also changed.

You can now find an overview of all your progress related to steps and the Up&Down functionality.

Moreover, products purchased in the Marketplace have been removed from the Profile and placed in the Marketplace toolbar (icon at top right).

Launch of the new Ranking suspended in compliance with the Ministerial Decree

According to the Ministerial Decree against Coronavirus the new Ranking of Young Platform Step is suspended but Young Platform keeps the other online services active!

The compliance with the directives of the Ministerial Decree, the sense of responsibility and the contribution to containing the spread of Coronavirus (COVID-19) led us to the decision of postponing the launch of the new Step functionality, the new Ranking. For this reason, the implementation of this functionality will be rescheduled to a date to be defined. We are confident that you will understand our choice to safeguard everyone’s health.

The Young Platform team will remain operational in smart working and continue to create content, articles and guides that will keep you updated on the crypto market situation and on the strategies that will be put in place by the company to overcome the difficult situation in the best possible way, by dealing with it together with our community.

The One-to-One service to receive a phone consultation on the market situation and Young Platform procedures will also remain active, and you can easily book one by clicking here.

The Support service is also available for all our users, accessing and sending a request from the appropriate website (if you are not registered to Young Platform write to [email protected]).

We invite you to stay updated through our Young Platform Step app or the Young Platform Blog website.

Since no project is carried out without the cooperation of the whole group, we are equally sure that the unity of the team and the community will guarantee Young Platform to go through this moment with great seriousness and effectiveness.

The Young Platform Team

New Features in Young Platform Step

Step will soon have a new look and a new mission! Collect steps, join the personal challenges and stay up-to-dates with news and curiosity.

The Step Section

The main functionality of Step, the claim, is going to change.
Now the going gets tough! You’ll claim to collect steps (not Young) and to climb the rankings. Only the winners will get rewards in Young.

From soon on, you’ll be able to also win Young with personal Challenges. Choose a new goal and put yourself to the test.

But that’s not all. Increase your chances of winning with the new Weekly Ranking. Compete with a small number of users and win! 

Also, be sure to check out the Global Ranking to challenge the entire community and become the best Step walker! 

You’ll be able to view your Wallet, Ranking and Updates in one place. By clicking on the profile image you will set your username, view your ranking and your shopping history. 

The Education Section

We firmly believe that knowledge is the greatest form of freedom, the best way to improve our lives and our future. That is why we have created new content that will guide you through the world of crypto:

  • The Pills, to discover the features and curiosities of the main cryptocurrencies;
  • the Academy, which will contain in-depth articles to provide you with a strong basis on the world of crypto and blockchain;
  • a Glossary to help you decipher the most difficult articles and learn the basic crypto-lexicon;
  • the News from our partner Cointelegraph, to always stay up-to-date.

The Young Team

The Marketplace is now available!

The Young Platform Step’s Marketplace is now available. You can spend Young Platform’s token (the YNGs) in deals, coupons or gift cards

The Marketplace is now available!

After a few weeks of hard work and delays due to Apple’s missing approval, we are happy to announce that Step’s Marketplace is now finally available!

Young Platform Step is an app intended to draw as many people as possible to cryptocurrencies, through an Educational Journey and by providing the users with the opportunity to earn Young (our own token) simply by walking.

Soon after the app’s launch on the market, many users started to ask about this functionality: since Young Platform is a strongly community-driven startup, we decided to satisfy your requests and give you the chance to start spending the YNGs you collected.

We would like to point out that the “core” of the Young Platform project has always been the Exchange, on which you’ll be able to buy and sell the top cryptocurrencies with converted YNGs.

How it works

The Marketplace includes 3 categories of products:

1. Deals

Given that our users are interested in fitness and technology, we decided to include exclusive flash deals from our partners. To access them, you won’t have to spend a single YNG! They are totally free and you’ll just have to click on “Go to website” to view the deal.

2.Coupons

The coupons provided by our partners include a code that you can use to apply a discount on a given product/service. The terms of use vary from coupon to coupon and can be viewed in the description.

3. Gift Cards

The sale of the Gift Cards will be carried out in two ways:

  • Raffle: a limited number of coupons will be put up for grabs at a minimal cost. Once they are sold out, we will draw the winning coupons LIVE on our Instagram page. The people who bought winning coupons will be contacted via email to finalise the purchase in YNG.

Example:

  1. You buy a coupon for an “Amazon Gift Card 10€” on the Marketplace at the price of 2YNG
  2. The ticket number is 3
  3. During the LIVE raffle on Instagram, the number 3 is drawn.
  4. Step’s support contacts you via email to finalise the purchase of the Gift Card.
  5. You accept, 42 YNG are deducted from your wallet (the value of the Gift Card) and you receive the Gift Card

(During the live streaming on Instagram, an extra amount of winning coupons will be drawn, in order to guarantee to a winning user who may not reply within 24h, to get the next ticket in line).

  • Drop: a limited number of Gift Cards purchasable with Young will be released. Their release will happen at a certain hour of a given day. Some of these dates will be announced in the weekly updates, which you can find in the “Education” section > “Updates” in the app. As for the rest, we won’t tell you the date in advance, instead, you’ll get a notification when they are released. We suggest that you activate the notifications and keep up with the updates that are going to be posted in the “Education” section.

The price of the Gift Cards, unlike other players on the market, will be equal to the conversion 1:1 Young/Euro.

Example: an Amazon Gift Card of 10€ will cost 42 YNG.

In the HISTORY section of the Marketplace, you will find all your past purchases. If you have any further questions, please read our FAQs section or contact us directly at [email protected]

If you haven’t already, we recommend that you update the Step app both on Android and iOS in order to start using the YNG you collected in our Marketplace.

Team Young