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Token YNG: Q1 2025 Report

Token Young (YNG): updates and news Q4 2024

The Q1 2025 Report on the YNG Token. What has happened? What are the next steps?

The first months of 2025 have concluded with tangible results for our ecosystem, and, most importantly, several key developments related to our strategy for organic growth. Amid evolving regulations and the launch of new services, we are laying the foundations to make Young Platform increasingly central to the financial lives of our users.

There are also several updates specifically concerning the Young (YNG) token, the beating heart of our ecosystem. The strategy we have adopted aims to facilitate the token’s organic growth while mitigating the risk of excessive selling pressure that could undermine its long-term stability and value. However, this section appears exclusively in the members-only version of our report, which for the first time will be split into two editions:

  • A public version, accessible to all, outlining the achievements reached and new services launched.
  • An exclusive version, reserved for Club members, providing in-depth insights into data, future strategies—including key strategic decisions concerning the growth of the YNG token—and updates on the Young (YNG) tokenomics, including figures on issuance, distribution, and, for this edition, additional information on decentralised listing.

If you’re overcome with curiosity, there’s only one thing to do: join one of the Young Platform Clubs. If you’re already a member… what are you still doing here? Check your inbox: the deluxe version—musically speaking—of this report is waiting for you.

2025 So Far: Achievements and Newly Released Features

During the initial months of 2025, a significant part of our efforts has been dedicated to addressing the regulatory and fiscal aspects of the crypto sector. In addition to the work initiated months ago to ensure compliance with the European Markets in Crypto-Assets Regulation (MiCA), we have launched initiatives focused on taxation to provide our users with comprehensive tools to handle their tax declarations in a simple, secure, and compliant manner in line with Italian regulations.

At the same time, we have continued to advance our planned strategic projects. Our overarching goal for this year remains clear: to become a digital hub that merges the best of traditional finance (TradFi) and decentralised finance (DeFi). However, the path to achieving this is now enriched with new, early milestones.

Young Platform’s Tax Services

For three years, we have been supporting our users with tailored financial solutions. What began as a simple report has evolved into a full-fledged ecosystem of tools designed to make the tax declaration process quick and stress-free. Today, we offer the following documents, all updated for the 2025 tax filing season:

  • Young Platform Tax Report: For those who use our exchange exclusively.
  • Young-Okipo Tax Report: For users active on multiple exchanges, including decentralised platforms, those holding NFTs, or engaging with DeFi protocols.
  • Transaction Report: To neatly archive the history of trades, orders, and Smart Trades.
  • Stamp Duty Receipt: To be retained for any potential tax audits.
  • Crypto Accountant Service: For those who prefer to rely on an expert to manage their tax declaration directly.

The Box

One of the standout features of Q1 2025 has undoubtedly been The Box, our competition designed to make the world of finance more accessible, dynamic, and engaging. The initiative has proven to be a great success, with thousands of users actively participating, completing missions, climbing the leaderboard, and contributing to the ongoing development of the Young Platform ecosystem. The current competition is scheduled to conclude on 31 May, and shortly thereafter, we will announce the winners and distribute the prizes.

At the heart of the initiative is the Young Card, our phosphorescent debit card offering cashback in YNG. It is a cornerstone of our long-term vision.

Club Price Rebalancing Mechanism

Since 4 February 2025, access to Young Platform’s Clubs has been governed by a monthly price adjustment mechanism based on the market value of YNG. The objective is to maintain a stable entry cost in euros, ensuring a balance between accessibility and the token’s value:

  • If the price of YNG decreases, the number of tokens required increases proportionally.
  • If the price of YNG increases, the number of tokens required decreases, though less sharply, thanks to a discount factor.

This system, with pricing updated on the first Tuesday of each month, prevents the Clubs from becoming either excessively exclusive or too inexpensive in the event of significant price fluctuations.

Updated Prices for May 2025 (YNG Price = €0.193):

  • Bronze: 1,865 YNG
  • Silver: 6,217 YNG
  • Gold: 12,435 YNG
  • Platinum: 31,088 YNG

New Club Benefits

The first quarter of 2025 has also been particularly rewarding for members of Young Platform’s Clubs, with the introduction of new exclusive benefits designed to enrich the user experience both financially and personally. Here are some of the most notable additions:

  • BuiltDifferent: A personalised fitness and nutrition platform that allows users to follow tailored workout programmes, access advanced nutritional plans, and enhance their lifestyle—wherever they are. All of this is offered under significantly more favourable conditions than those of a traditional personal trainer.
  • Milano Finanza: One of Italy’s most authoritative sources for investors. Club members now enjoy free access to premium content and daily analysis on markets, macroeconomics, and investment strategies—a practical tool for making better-informed decisions.
  • Serenis: Italy’s number one online medical centre for psychological support. Through our partnership, Club members benefit from access to counselling and therapeutic support at preferential rates, because financial and emotional well-being should always go hand in hand.

These benefits are in addition to the already extensive range of advantages available to Club members—from financial education and exclusive privileges on crypto services to personal well-being and new growth opportunities.

And this is just the beginning: new partnerships are already in development to make the Young Clubs even more comprehensive, distinctive, and aligned with a truly holistic vision of value.

An example? Exclusive access to the most analytical and data-rich section of this Report. While transparency has always guided us in publicly sharing all information related to the YNG token—including supply, purchases, sales, and emissions—starting with this first quarter of 2025, we have chosen to reserve such in-depth analyses exclusively for our Club members, who are direct holders of Young (YNG) and primary supporters of our ecosystem.

Our most engaged supporters deserve full transparency regarding the strategies shaping the future. Therefore, in the members-only version of this Report, we delve into the measures adopted to safeguard the value of YNG and foster sustainable, organic growth.

We will explore plans for the token’s future presence on the decentralised market and clearly outline the carefully considered reasons behind our decision to decline specific proposals from certain venture capital firms concerning the YNG token. This was a strategic decision made to protect our community from potential selling pressure and the dilution of the token’s value.

These strategic insights are a privilege reserved for those who actively live and shape the Young Platform ecosystem.

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MiCA: Our Journey Towards Full Regulatory Compliance

With the entry into force of Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA), the European Union has introduced a harmonised regulatory framework that will govern the issuance, public offering, and admission to trading of crypto-assets, as well as related services. This marks a significant step forward for the entire sector, aimed at ensuring greater transparency, consumer protection, and market stability.

We are fully committed to responsibly and diligently aligning with this new regulatory framework. This article aims to inform our users about the steps we have taken in compliance with Article 45, paragraph 5, of Legislative Decree No. 129/2024—the legislative decree aligning national regulations with the MiCA Regulation—while also reassuring them of the continuity of our services and the absence of any immediate changes to their experience.

What Article 45, Paragraph 5 of Legislative Decree 129/2024 Provides

Article 45, paragraph 1 of Legislative Decree No. 129/2024 establishes a transitional regime for entities already operating legally within the European Union before the Regulation comes into force, namely 30 December 2024.

In practical terms, this provision allows entities already active in the sector to continue providing their services without interruption until 30 December 2025, even if they have not yet obtained the new authorisation required by MiCA, provided that they submit their application for authorisation by 30 June 2025.

This rule aims to ensure a smooth transition to the new regime, avoiding sudden disruptions for operators and inconvenience for end users.

Our Commitment to Compliance

In compliance with the MiCA Regulation and Article 45, paragraph 5, of Legislative Decree No. 129/2024, we wish to officially communicate our intention to fully align with the new European regulatory framework, particularly with the MiCA Regulation.

We have already initiated all the necessary activities to prepare our application for authorisation, which we will shortly submit to the competent Authority. This process includes adapting our internal procedures, organisational requirements, and risk management policies to the new regulatory framework.

Our legal and compliance teams are working diligently to ensure we meet all MiCA requirements, allowing us to operate lawfully and continue providing our clients with secure, reliable, and transparent services.

Initiating the Authorisation Process

We can confirm that the Company is working to submit the application for authorisation in accordance with the requirements set out by MiCA.

We will forward the necessary documentation to the competent authority in the coming weeks. This marks a crucial step in our compliance journey and reflects our dedication to operating in complete regulatory alignment, not only out of obligation but as a commitment to our users.

We would like to clarify that, pending the issuance of the authorisation, the activities carried out concerning clients will continue to be governed by the applicable legislation for providers of services related to the use of virtual currencies and digital wallet services, and are not yet subject to the provisions of the MiCA Regulation.

Service Continuity for Our Clients

We wish to reassure all our users that our services will remain fully operational throughout the entire transitional period provided for in Article 45.

There will be no disruptions to the services you are accustomed to or unilateral changes to existing contractual terms. Operational continuity is our top priority, and we will continue to uphold the quality, reliability, and security that define our service.

No Immediate Impact on User Experience

As of today, and until further notice, no substantial changes are expected in how you interact with our platform. The features, services, and terms of use will remain unchanged.

This means you can continue using our tools as usual, without taking any specific action. Any future changes will be communicated in advance and with complete transparency.

Our Commitment to Transparency and Ongoing Updates

We believe in maintaining open and transparent communication with you. That’s why we are committed to regularly informing you about the progress of our authorisation process and any regulatory developments that may affect our services.

Should any significant updates arise, you will be the first to know via our official communication channels. Our customer support team is always here to help if you have any questions or concerns.

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Pectra: Ethereum’s next big update explained simply

Ethereum Pectra update: How does it work?

The Ethereum Pectra update is set to arrive on May 7. This article explains what it is, how it works, and the improvements it introduces.

The Ethereum Pectra update is set to be activated on the Ethereum blockchain. Currently undergoing testing, this update has clear objectives: to enhance the network’s speed, scalability, and user-friendliness.

With the Pectra update, users will no longer be required to pay gas fees solely in ETH. Additionally, it aims to improve the execution of smart contracts. In the long term, innovations such as Verkle trees and Peer DAS are expected to make the entire network more affordable, powerful, and capable of accommodating millions of additional users.

Pectra may not be as well-known as The Merge, but has the same revolutionary potential. It is a hard fork, representing a significant structural change that will create a clear division between the ‘before’ and ‘after’ of the Ethereum blockchain. The name Pectra comes from combining two distinct updates: Prague, which affects the execution layer and Electra, which impacts the consensus layer. For example, in 2024, with Dencun (from Deneb + Cancun), Pectra merges two components into one evolutionary upgrade.

How does Pectra work?

To truly understand what Pectra is and how it works, we must focus on practical aspects that are more effective for successfully mastering technology.

1. Account Abstraction

The Ethereum Pectra update’s first focus is account abstraction, a key concept that has gained significant attention in the on-chain world over the past two years. Account abstraction refers to a technology introduced through the technical proposal EIP-4337 on the Ethereum blockchain. It merges the functionalities of traditional accounts with smart contracts, resulting in the creation of smart wallets.

This innovation simplifies the user experience by eliminating the need for a seed phrase, automating transactions, and reducing gas fees. Account abstraction is the technology that will make decentralised applications (dapps) as seamless as traditional applications.

This change will also impact the current status quo, where users must hold at least a small amount of Ether (ETH) in their wallets to cover gas fees—transaction costs incurred whenever a transfer is made or when interacting with a dapp.

2. More efficient smart contracts

The second focal point of the Pectra update is the efficiency of Ethereum smart contracts, particularly concerning their execution. One planned improvement is the introduction of proposal EIP-7692, which consolidates several other technical proposals. 

To summarise, this proposal alters how smart contracts are compiled from a coding perspective and managed overall. For example, contracts will be divided into sections with clear headers, making code analysis, maintenance, and security easier. New commands will be introduced to jump between sections, manipulate the stack, and read data more efficiently. 

Additionally, code validation will occur only once during deployment rather than at each execution, which will help reduce costs and errors. These changes will occur at the bytecode level instead of in a high-level language like Solidity. In practice, the EVM Object Format (EOF) will change how Solidity code is compiled and executed within the Ethereum Virtual Machine (EVM).

3. More flexible validators

Let’s focus on the consensus front, where the Ethereum Pectra update will significantly improve the Ethereum network. Currently, a validator must stake a minimum of 32 ETH ETH to receive rewards. However, any amount staked above 32 ETH does not generate additional rewards; it remains idle and unused. The Pectra update will modify this system by introducing flexible staking (EIP-7002) and increasing the maximum staking limit per validator from 32 to 2048 ETH (EIP-7251). These changes will enhance the system’s flexibility and efficiency, particularly for entities managing large amounts of ETH, such as companies or institutional traders.

Another essential feature of the update is the “consolidation of validators.” This function will enable platforms like Lido, which stake on behalf of multiple users, to manage fewer validator nodes for the same amount of ETH. The outcome will be reduced pressure on the network, increased efficiency, and a more sustainable use of resources.

4. Verkle Tree

This integration is quite technical, so we will explain it without delving into the details. Verkle Trees will enable network nodes to store less data than currently. The outcome? A lighter, faster, and more scalable network. 

This is a new and more efficient way of organising data compared to the current method. This change will ultimately make Ethereum more efficient and cost-effective to use in the long run.

5. Peer DAS for Layer 2

Ethereum relies on Layer 2 solutions, such as Arbitrum (ARB) and Optimism (OP), to enhance network scalability. With the recent Ethereum updates, Peer Data Availability Sampling has been introduced. This technology helps reduce costs and improve transaction speeds on these Layer 2 solutions by allowing rapid verification of transaction data without downloading it. It is a practical measure to keep fees low, even during periods of high on-chain activity.

A double update in two stages

Pectra will be released in two phases. The first phase, which will feature the more visible new enhancements, such as account abstraction and updates for validators, is scheduled to be released in less than a month, with the official date set for May 7, 2025. The second phase will focus on more technical improvements, including the EVM Object Format (EOF) and Peer DAS, which are intended to enhance Layer 2 solutions and smart contracts., This phase is expected to arrive in 2026. What is the impact on ETH price? Hard to say…

Ethereum is currently facing some challenges. After reaching multiple all-time highs, it has lost over 60% of its value and appears stuck in a continuous downward trend. For this reason, we are not confident that the Pectra update will significantly impact its price.

However, this update could pave the way for broader adoption and may positively affect Ethereum’s fundamentals, which is the most crucial aspect. With features such as the ability to pay gas fees using any token, more efficient writing and deployment of smart contracts, and flexible staking management, it’s clear that these enhancements make Ethereum more attractive to both developers and end users.In summary, Pectra is not just another upgrade; it represents a critical step toward creating a more scalable, affordable and accessible Ethereum network. This update is a quiet but significant stride toward overcoming the blockchain trilemma of scalability, security, and decentralisation, ultimately preparing the network for mass adoption.

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Why is the bull market struggling?

Will quantitative easing kick-start the explosive bull market?

According to the most optimistic investors, the recent bearish movement will kick off the altcoin season. According to the most pessimistic the bull market is over. What is the truth? Does it all come down to quantitative easing?

The season of quantitative easing still appears distant, while the prices of significant assets—ranging from cryptocurrencies to equities—have dropped significantly in recent days. What is lacking in this bull market, which seems quite different from previous ones? While nothing has been lost, the global landscape regarding monetary policies, particularly those of the United States, appears far from a turning point.

In this article, we will explore quantitative easing and discuss why igniting the next alt season might be necessary.

Quantitative easing: what is it?

Understanding quantitative easing is crucial for navigating the current market landscape. Simply put, it is “the central banks‘ secret weapon” for stimulating the economy. This contrasts with quantitative tightening, which involves raising interest rates and decreasing the money supply.

Quantitative easing involves significantly lowering interest rates, making it easier for individuals and businesses to borrow money. It also includes the purchase of government bonds and other financial assets. It acts like an “all you can eat” buffet for central banks. This influx of cheap liquidity, which comes from the money that investors choose not to invest in bonds due to their very low yields, then flows into assets that are considered riskier, particularly stocks and cryptocurrencies.

For the past fifteen years, quantitative easing has been the solution for every crisis, from the collapse of Lehman Brothers in 2008 to the COVID-19 pandemic in 2020. It has also fueled recent bull markets. However, the current situation is different. Despite declining inflation between 2021 and 2023, interest rates remain above the 2% target, at 3% in January 2025. This limits the potential for aggressive monetary policy easing. Additionally, this comes on the heels of Trump’s recent announcements about new tariffs, which have been confirmed for Canada and Mexico. According to the Federal Reserve, cutting rates too quickly could lead to excessive speculation in the financial markets and an overheated economy.

The growth of Bitcoin’s market capitalisation

Despite the absence of quantitative easing monetary policies, the market has experienced explosive growth in the final months 2024. Since November 2022, Bitcoin’s price has surged by 448%, and its market capitalisation has risen from USD 300 billion to USD 1,760 billion, peaking at USD 2,150 billion.

This impressive growth is partly due to the approval of spot ETFs. These financial instruments have attracted approximately $38 billion to Bitcoin and currently hold $101 billion worth of BTC, representing 5.79% of the circulating supply. Bitcoin had never before seen a market capitalisation increase of $1.7 trillion at its peak in January 2025. A look at past cycles reveals the following performance:

  • 2015-2017: +11,082% over 1,068 days, with a $326 billion increase in market capitalisation.
  • 2018-2021: +2,021% over 1,060 days, with a $1.21 trillion increase in market capitalisation.

Overall, this market cycle appears strongly positive when analysing Bitcoin’s performance and the milestones achieved over the past three years.

For example, Bitcoin (BTC) has become a central topic in global financial discussions, significantly influencing debates in the United States, including during the presidential elections. Notably, Senator Cynthia Lummis and former President Donald Trump have both advocated for creating a strategic reserve of BTC for the U.S. Treasury.

Some considerations on the market cycle we are currently experiencing

Let’s set aside quantitative easing, which we’ve already noted is a missing element in this market cycle, and instead focus on how this cycle differs from previous ones. The key question for many crypto enthusiasts is: Will there be an altseason, and will it follow the recent market crash?

It is difficult to determine ‘where we are in the cycle’.

On one hand, we can confidently say that we have not yet experienced a true altcoin season. On the contrary, we have gone through one or more meme coin seasons, the most recent coinciding with the launch of TRUMP, a meme coin introduced directly by the former U.S. president in January.

On the other hand, the price of Bitcoin has increased significantly, rising by 60% from the previous cycle’s all-time high. Additionally, it has been over 12 months since Bitcoin first broke its all-time high in January 2024, making this cycle even more unusual.

Despite this, some industry experts believe the outcome is still uncertain. The new retail investors who have entered the market—partly due to the launch of TRUMP—could return if an altcoin season finally takes place.

Has the meme coin casino replaced the altseasons?

This point is closely related to the previous one. The launch of numerous new meme coins, along with the strong performance of associated platforms such as pump.fun, acts as a funnel that attracts and drains liquidity from the crypto market.

As a result, many investors have shifted their focus to the meme coin sector, while others are giving up on altcoins. Additionally, the high expectations surrounding Donald Trump’s election have somewhat diminished. The president has notent has commented in a while on crypto, particularly since the launch of his meme coin.

An axiom that has always applied in previous crypto market cycles—likely triggered by quantitative tightening and liquidity injections—states that the price of Bitcoin rises first, then Ethereum’s price follows. Finally, liquidity flows into smaller altcoins. However, today, the situation seems to have changed. Only time will tell if this marks a paradigm shift or a delay.

Major market players are continuing to accumulate.

Let’s conclude this article with some positive news. Despite the lack of quantitative easing, which has historically catalyzed bull markets, the current cycle demonstrates remarkable resilience. Bitcoin, fueled by institutional ETFs and unprecedented political recognition, has defied historical patterns by growing in a more restrictive monetary environment. However, the absence of a traditional ‘alt season’ and the dominance of meme coins prompt questions about the future of cryptocurrency: Are we witnessing a paradigm shift or merely a temporary pause?

The answer may be found in patience. Institutional investors continue to accumulate assets, indicating that long-term confidence remains strong. While the current macroeconomic climate—characterised by high interest rates and geopolitical tensions—may dampen enthusiasm, it also creates opportunities for strategic accumulation, potentially setting the stage for a future surge. The actual ‘trigger’ for market movement may not be the return of quantitative easing but rather the market’s adaptation to new rules, where innovation, regulation, and mass adoption craft a different narrative. As the history of past cycles teaches us, one certainty remains: markets always surprise us, often just when expectations are low.

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Zealy: the ‘secret’ key for The Box competition

The Box: earn extra gems with Zealy

Are you seeking an edge in Young Platform’s competition, The Box? Take advantage of the social interaction campaign on Zealy to maximise your Gems!

Young Platform has launched The Box to celebrate a significant milestone in our journey: integrating a current account into a single app, merging the worlds of traditional finance (TradFi) and decentralised finance (DeFi).

You may already know that you can win amazing prizes such as MacBooks, iPhones, and the exclusive glow-in-the-dark Young Card through The Box. But did you also know you can earn some of the Gems needed to climb the leaderboard by participating in Zealy?

What is Zealy?

Zealy is a leading community engagement platform utilised by top Web3 projects to connect with users and reward them for contributing to growth, primarily on social networks. By linking your Discord and X (formerly Twitter) accounts to Zealy, you can earn points by completing simple missions, such as:

  • Following Young Platform on X or Instagram.
  • Liking and commenting on posts.
  • Reading educational articles and taking quizzes.
  • Inviting friends to the Discord server.
  • Creating content that promotes the Young Platform ecosystem.
  • Participating in thematic challenges.

The process is simple: complete a task, earn points, and convert them into Gems on the Young Platform app (Crew Quests Category). This will allow you to ascend the leaderboard of The Box!

Why is Zealy fundamental to The Box?

Firstly, while some missions in the app require financial actions, such as buying cryptocurrency, Zealy allows you to earn Gems in a free, affordable, and accessible way.

Additionally, suppose you are familiar with the rules of The Box. In that case, you know that you unlock additional Tickets each time you accumulate a certain number of Gems (including those earned through Zealy). The more Tickets you have, the higher your chances of winning in the final draw, where your ranking does not affect your outcome!

Join the Campaign

Signing up for Zealy is easy!

Joining Zealy is very simple; here are the six steps to take.

  1. Visit this link to register with your email, using the same one as your Discord account if you have one.
The Box: earn extra gems with Zealy
  1. Please confirm your account using the code sent to your email, and then select a username.
The Box: earn extra gems with Zealy
The Box: earn extra gems with Zealy
  1. Please navigate to ‘Account Settings’ in the top right corner, and connect your Discord and X accounts.
The Box: earn extra gems with Zealy
The Box: earn extra gems with Zealy
  1. Complete Tasks: You earn points for each like, piece of content created, or quiz completed. Points for automatic tasks are credited to you immediately, while tasks requiring approval from an admin will take longer. Please check back frequently, as new challenges are added regularly!
The Box: earn extra gems with Zealy
  1. Convert Zealy Points into Gems in the Crew Quests section of Young Platform, and rise the leaderboard!

Don’t you have Discord or X yet?

Discord is the heart of the Young Platform community. Our server’s most active users discuss cryptocurrency, finance, and macroeconomics, share strategies, and assist each other.

Join Discord

X (formerly Twitter) is the go-to social platform for Web3. If you consider yourself a crypto investor, you must have an account.

Join X

What are you waiting for? Time is of the essence—Gems await!

The Box lets you have fun, learn, and win amazing prizes. With Zealy, even a simple like or an invitation to a friend can help you achieve victory.

Take action now:

  • Join the Zealy Campaign,
  • Accumulate Gems, unlock Tickets, and win prizes!

P.S. Don’t forget to complete the new Young Platform account verification to receive your rewards. Without it, even the most precious Gems will remain in the chest!

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The Box: how do Quests work?

The Box: How Quests Work

Discover how to complete Missions, collect Gems, and climb the leaderboard to win exclusive prizes!

Managing your finances and building a balanced crypto portfolio doesn’t have to be tedious or complicated. In fact, we believe that learning how to manage your money can be both engaging and enjoyable. At Young Platform, we focus on games, quests, and challenges to innovatively introduce people to the world of crypto and personal finance. Of course, exciting prizes are part of the experience!

This philosophy led to the creation of The Box, a competition that signifies Young Platform’s transition from a simple crypto exchange to the first crypto-native payment account. Central to this evolution is the Quests, designed to reward users through an engaging gaming experience. These quests align perfectly with our mission: learn by playing.

What exactly are Quests, and why do they hold such significance? Let’s explore this together!

Quests: The Heart of The Box

Quests are challenges that each user can complete to accumulate Gems, and they are not all the same:

  • Some are completed only once, such as the first deposit or activating a feature in the app.
  • Others are repeatable, allowing you to continuously earn new Gems, e.g. by performing recurring operations.

How Gem Redemption Works

After completing a Quest, you must redeem it manually to obtain the corresponding Gems. If you forget to redeem a repeatable Quest, it will only be counted once, even if you complete it several times. 

Note: This rule does not apply to ‘Invite a Friend’ Quests, where each invitation is considered a separate Quest.

What are gems for

The Gems you obtain serve two purposes:

  1. Climbing the Gem Leaderboard, which rewards the most active users with guaranteed prizes.
  2. Unlock Tickets, which allow you to participate in the random prize draw.

Important: there is a limit to the number of Tickets you can obtain through Quests, but Gems do not have a limit and can be accumulated to improve your Leaderboard.

Join The Box now

The Quests categories 

The Quests in The Box are divided into four broad categories: Bazaar, Loyalty, Toolbox and Crew.

  • Bazaar: This section features Quests, which is aimed at helping you develop a substantial and diversified cryptocurrency portfolio. Here, you can complete challenges to reduce risk, create a long-term savings plan, understand the role of the Young token within the ecosystem, and explore various methods for depositing on the Young Platform. Additionally, you can experiment with different types of buy and sell orders directly on the platform.
  • Loyalty: In this category, you will find quests related to Young Platform’s loyalty programs. If you choose to become a HODLER of the Young token, you will gain access to exclusive clubs that offer various benefits. These include discounts on trading quests, additional strategies that can be activated on Smart Trade, increased staking options, discounted tax reports, free market reports, and VIP support. Furthermore, you will also receive benefits from external services such as WeRoad, HelloFresh, NordVPN, Builtdifferent, Tickets, and many more.
  • Toolbox: Here are some tasks related to account security and customising your Young Platform experience. For example, you can add widgets to your homepage to monitor your portfolio in real-time. This category also includes all quests dedicated to staking, which allows you to earn annual rewards on funds locked on the blockchain.
  • Crew: This category focuses more on the community aspect. Along with inviting friends and family to use Young Platform, you can continue playing on Zealy. The Box expands through games on Zealy, an entertainment platform where you can earn XP points for extra gems. You can earn XP points by interacting with our social content and sharing Young Platform updates!

Gem Leaderboard: How does it work?

The Gem Leaderboard is the system that identifies the top 5 winners of the main prizes in The Box, along with the 200 deserving Young Card winners. Each user has a dedicated section within the Young Platform app where they can check the following:

  • Number of Gems accumulated: This increases with each Quest redeemed and is used to climb the Leaderboards and unlock Tickets.
  • Number of unlocked Tickets: This indicates how many tickets you have obtained, which can be used to enter the random prize draw.
  • Leaderboard position: This is updated in real-time based on the accumulated Gems. The final Leaderboard will be made official after the new identity verification process.
  • Available Quests: This includes the number of Gems that can be earned and the history of challenges already completed.

Only users who complete the new Identity Verification Process (KYC), necessary for enabling the payment account, will be eligible to receive rewards from the Leaderboard and lottery rewards..

What prizes can you win with the Gem Leaderboard?

Prizes for the top 5 finishers:

  1. MacBook Pro 
  2. iPhone 16 Pro 
  3. iPhone 16 
  4. AirPods Max 
  5. Amazon Voucher (€250.00)

Prize for the first 200 finishers:

  • Young Card is associated with the Young Platform payment account.

Quests, Gems and Tickets: A Dual Reward System

The Box offers two ways to win:

  1. Gem Leaderboard → Rewards the 200 most active users.
  2. Ticket drawing → Randomly rewarding those who have accumulated tickets, regardless of the Leaderboard.

If you don’t make it to the top of the leaderboard, you still have the chance to win thanks to the Tickets you get by completing Quests.

You just have to get started: log in to the app, complete the Quests, collect Gems and climb the leaderboard to win prizes from The Box!

Join The Box now
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The Box: how do tickets work?

The Box: How Tickets Work

Exciting news: there will be a final lottery for everyone! Let’s look at what tickets are and how they function.

The Box marks a significant development within the Young Platform ecosystem and introduces an exciting new feature: the final lottery. This lottery offers a splash of luck and randomness, making it ideal for those new to cryptocurrencies or those who have yet to climb the ranks.

Tickets represent the final opportunity in a critical game: the more tickets you hold, the greater your chances of a favourable outcome. But how exactly do they work? Let’s explore together.

What are Tickets, and why are they important for The Box?

Tickets are your entry pass to participate in the final draw of The Box. The more tickets you have, the greater your chances of being selected and winning a prize.

Each ticket has a unique code; if your code is drawn, you will win the corresponding prize! 

The Box was designed with a dual reward system that balances effort and luck:

1. The Leaderboard and Gems rewards the most active users who complete quests and accumulate Gems. The top 200 users on the leaderboard win guaranteed prizes.

2. The Draw and the Tickets: This mechanism uses randomness to give everyone a chance to win, regardless of their ranking.

Thanks to this system, even those with limited resources can have the opportunity to take home a prize!

How are tickets obtained?

You can accumulate a maximum of 26 tickets through two methods:

  • Accumulating Gems: Every time you reach a certain threshold, you automatically unlock a Ticket.
  • By completing special Quests, some dedicated quests allow you to obtain Tickets directly without accumulating Gems first.

The Ticket Prizes

Participating in the final draw means a chance to win fantastic prizes. Here’s what you can win by simply accumulating tickets and letting luck take its course:

  • 3 MacBook Air
  • 5 iPhone 16
  • 5 AirPods Max
  • 5 PlayStation 5 Pro
  • 40 flight vouchers from €150
  • 120 Amazon vouchers for € 50
  • 300 Young Cards

Join The Box now

How does the extraction work?

After the competition concludes, all tickets will be entered into a random prize draw. Each ticket has a unique code submitted to an automated draw system in the presence of a notary. If the code associated with one of your tickets is drawn, you will win the corresponding prize!

The draw begins with the most valuable prizes and continues until all prizes are awarded. Naturally, by purchasing more tickets—each of which has an equal chance of being drawn—you increase your chances of winning additional prizes. Therefore, the more tickets you hold, the better your odds of winning and the more prizes you can receive.

To receive any prizes won in the draw, you must complete the new identity verification process (KYC) on the Young Platform app. Only verified users will be eligible to receive the awarded prizes.

Where do you see your Tickets?

In the Box section of the Young Platform app, you will find: 

  • the number of Gems accumulated
  • the number of unlocked tickets 
  • your ranking
  • quests available and completed. 

Log in to the app to visit the Competition section!

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The Box: Win the glow-in-the-dark Young Card and exclusive prizes!

Join The Box competition and win great prizes

Join The Box: complete quests, collect gems and earn tickets for the final lottery. Discover your financial future with the Young Card and enjoy many unmissable prizes.

Managing your money doesn’t have to be tedious or complicated. Young Platform aims to make finance accessible and engaging, turning every experience into an enjoyable game. What better way to learn than through a competition with prizes?

Introducing The Box, a competition celebrating Young Platform’s transformation from a crypto exchange to the first crypto-native payment account. This significant change brings new features, exciting opportunities, and, most importantly, new prizes!

At the core of The Box are the Quests, a series of Quests that enable you to accumulate Gems to climb the leaderboard, along with Tickets for a chance to win in the final prize draw. The highlight of the competition is the Young Card, a glow-in-the-dark debit card that stands out and offers a 3.6%* cashback on every purchase.

Test your skills, challenge your luck, and try to win great prizes, such as a MacBook Pro, iPhone 16 Pro, PlayStation 5 Pro, and more!

Visit the official website of The Box.

What is The Box?

The Box is a prize competition by Young Platform, running from March 18 to May 31, 2025. There are two ways to win:

  1. Gem Leaderboard: Complete quests to accumulate Gems and rise in the Leaderboards for a chance to win exclusive prizes. 
  2. Ticket Extraction: Collect Tickets, which serve as entries for the final lottery. This allows you to win prizes even if you’re not among the top finishers.

How do you win?

Leaderboard in Gems

The more Gems you earn by completing Quests, the higher you rank. Participants with the most Gems receive the most prestigious prizes.

Prizes for the top 5 finishers:

  • 1st place: MacBook Pro
  • 2nd place: iPhone 16 Pro
  • 3rd place: iPhone 16
  • 4th place: AirPods Max
  • 5th place: Amazon voucher worth € 250.00

Prize for the first 200 finishers:

  • Carta Young is the phosphorescent debit card from Young Platform.

Ticket Extraction

After the Leaderboard prizes are awarded, a random draw is held among all participants who have earned at least one ticket. Even those not at the top of the Leaderboard list can win!

Prizes to be won in the Ticket draw:

  • 3 MacBook Air
  • 5 iPhone 16
  • 5 AirPods Max
  • 5 PlayStation 5 Pro
  • 40 flight vouchers from €150
  • 120 Amazon vouchers for €50
  • 300 Young Cards

The more tickets you have, the more chances you have to win!

How to participate in The Box?

Complete Quests and Accumulate Gems

Quests are the heart of The Box: complete them to earn Gems and climb the leaderboard. Quests can be:

  • One can only be completed once.
  • Repeatable, which you can complete several times to earn new Gems.

Important: once you have completed a Quest, you must redeem it manually to obtain the Gems.

Find out more about how Quests work.

Find out more: Get extra gems with Zealy 

Getting a Ticket for the Final Draw

Tickets allow you to participate in the final prize lottery. Each Ticket has a unique code; if your code is drawn, you win the corresponding prize!

You can obtain tickets in two ways:

  • Accumulate Gems → By reaching certain thresholds, you automatically unlock Tickets.
  • Complete Special Quests → Some Quests reward you directly with Tickets.

Each user can collect up to 26 tickets in total.

Find out more: How Tickets Work.

Activate your account to receive a prize. 

To receive the awards you have won, you must complete the new identity verification (KYC) required to enable your Young Platform account in a Young Platform account.
If you do not complete the verification, prizes cannot be awarded!

Who can participate?

The Box competition is open to all users over 18 years of age who reside in Italy, San Marino, or Vatican City and have a verified account on the latest version of the Young Platform app. Your account must not have suffered any temporary or permanent suspensions.

Why participate in The Box?

  • Have fun with Quests and competitions.
  • Try your luck with the final draw
  • Win exclusive prizes, including the glow-in-the-dark Young Card

Download the Young Platform app, register for the competition and enter!

*Cashback varies depending on whether you belong to a Club and your Club level. The higher your Club level, the higher the percentage of cashback you receive with your card, up to 3.6% for Platinum Club members.

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Young Platform Pro: what’s new in the update and the benefits for users

young platform pro v4

Young Platform Pro is undergoing a significant update that brings new features and improvements for a smoother and more efficient trading experience. Key updates include a redesigned interface, advanced order management, and a new API version that enhances speed and operational efficiency.

Let’s look at what’s changing and how users can benefit.

A More Intuitive and Functional Interface

New Homepage and Pairs Page

This update features a redesigned homepage and an enhanced Pairs page, offering more comprehensive market insights for faster and easier access to essential trading information.

Improved Desktop Adaptability

The desktop interface has been optimised for a smoother experience, providing better screen size and resolution adaptability.

Enhanced Order Book Data and Order Clarity

Several improvements have been made to refine how market data is displayed:

  • Enhanced order book data visualisation
  • More precise positioning of limit orders
  • Improved pair selector with more details and new categories for different coins

These updates make it easier to access market data, enhancing user decision-making.

Upgraded TradingView Chart

The TradingView chart now allows users to:

  • Hide open limit orders
  • View historical trade positions

This enables traders to customise their views and focus on the most relevant information.

More Detailed Order Management

Users can now see individual trade executions within orders, providing a more precise and detailed overview of their transactions.

Faster Shortcuts Between Wallet, Orders, and Trading Area

Navigation between wallets, orders, and the trading area has been streamlined with improved shortcuts, reducing the time needed to switch between sections.

Easier “Dust” Management

Users can now efficiently manage dust (small crypto balances) by converting it into Young (YNG) tokens, simplifying wallet maintenance.

API Update: Improved Performance and Speed

For advanced traders and developers, the new version of the Young Platform Pro API brings essential improvements.

New Features in API v4

  • Updated transaction models
    The new API efficiently handles all transaction types, offering greater flexibility and accuracy. 
  • 30% Reduced Latency for Trading Operations
    Placing and cancelling orders now come with at least 30% lower latency, ensuring faster and more efficient trading.
  • WebSockets Support
    WebSockets enable real-time updates for market data and orders, providing a more dynamic and responsive experience.

Impact on Services

  • Markets → Faster market data updates
  • Trading → Quicker order execution
  • Transactions → Improved transaction management models

Transition Timeline

From May 31, 2025:→ API Key creation for version 3 (v3) will no longer be available
From June 6, 2025:→ API v3 will be discontinued – migrating to v4 is required to avoid service interruptions

Get Ready for the Change

The Young Platform Pro update significantly improves the platform, making it faster, more intuitive, and highly functional.

For API users, transitioning to v4 is essential to ensure seamless operations and take advantage of the latest optimisations.

Useful Resources

REST API Documentation → Postman Docs

Examples & WebSockets → GitHub Repository
With these updates, Young Platform Pro solidifies its position as an innovative platform that provides advanced tools to improve trading efficiency and performance.

Discover Young Platform PRO
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Mario Draghi: seven factors endangering the future of the European Union

Mario Draghi returned to his report on European competitiveness. Today, five months after its publication, it is incredibly late. Here are seven reasons.

Mario Draghi returned to his report on European competitiveness. On Tuesday, 18 February, speaking at the European Parliament, he reiterated the urgent reforms proposed in the document published five months ago. Indeed, with the new geopolitical and economic context, the critical issues highlighted are even more pressing.

For Draghi, the future of the European Union depends on its ability to act as a single economic entity, reduce internal fragmentation, and face global challenges with greater cohesion. However, the path will be complex and involve all key economic aspects: research, industry, trade and finance.

Here are the seven main factors that are endangering Europe’s future from an economic point of view.

1. Europe is practically absent in the fight for artificial intelligence

The first point Draghi raised concerns Artificial Intelligence (AI). The former ECB president pointed out that progress in this area has been impressive: AI algorithms have reached accuracy levels close to 90 per cent in scientific benchmarks, and the costs of training models have been drastically reduced.

Despite this, Europe is almost absent from global competition. Eight of the ten leading companies in the sector are from the US, and the other two are from China. Without targeted investments and a clear industrial strategy, Europe risks falling behind in one of the most strategic sectors for the economy’s future.

2. Energy prices are unsustainable

Energy prices in Europe remain two to three times higher than in the US, creating a substantial competitive disadvantage for European companies.

During the energy crisis in 2022, the price of electricity in Germany increased more than tenfold compared to normal levels. Although the situation has improved, the European industry’s dependency on external suppliers and the slow energy transition remainsignificantr problems.

3. Trade war against the US is imminent

Draghi identified US trade policy as a real threat to the European economy. Should Donald Trump return to the White House, new tariffs on European products are almost inevitable, putting the continent’s exports at risk.

Moreover, trade restrictions against China are already causing Chinese products to invade European markets, directly affecting local industries.

4. Europe is its own greatest enemy

Mario Draghi then spoke of stagnation, the European economy growing much more slowly than in other regions. One main reason is the absence of a truly integrated single market. According to the International Monetary Fund, internal barriers within the European Union amount to 45% tariffs for the manufacturing sector and 110% for services.

Start-ups and innovative companies often prefer to move to the US rather than grow in Europe due to the red tape and lack of access to capital. Draghi emphasised that the EU must simplify its regulations and promote a plan to harmonise national laws to enable companies to compete globally.

A significant example is GDPR, the European Data Protection Regulation, which, according to some estimates, has increased data management costs for European companies by 20%.

5. Capital markets suffer

Europeans, and mainly Italians, are among the world’s biggest savers. However, these savings are not invested in innovation but mainly in bank accounts, allowing credit institutions to generate profits without contributing to the technology sector’s growth.

Every year, around USD 300 billion remains in the coffers of lending institutions while start-ups struggle to raise capital to expand. Draghi believes that creating a more efficient capital market favouring innovative companies’ financing is necessary.

7. The legislative process is too slow

Draghi pointed out the European Union’s average time to adopt new regulations is 20 months. Such a delay is incompatible with the pace of technological innovation and economic change.

“If it takes us 20 months to legislate, we are already out of date before implementation,” said the former ECB president. This problem is particularly evident in the digital sectors, where the US and China can adapt their regulations quickly to foster the growth of emerging industries.

8. The decisive turning point

Finally, Draghi pointed out that the European Union continues to act as a coalition of states rather than as a single economic and political entity. An obvious example is the defence sector, where systems are not interoperable, and no common standards exist.

The lack of coordination between member states limits Europe’s ability to protect its interests and support the growth of local companies. “If we want to defend our borders, make our companies prosper and secure a future for European citizens, we have to start acting as one nation,” Draghi said.

Mario Draghi’s competitiveness report highlighted more current challenges than ever. If Europe wants to maintain a leading role in the global economy, it must tackle these problems head-on.

The alternative is clear: continue to lose ground to the US and China, with negative consequences for businesses, workers and the continent’s future.