Tag: YNG News

The Q2 2025 report on the YNG token. What happened? What are the next steps?

The second quarter of 2025 will be remembered as a strategic turning point for our ecosystem. It was a period of intense work that culminated in a historic event: the arrival of Young (YNG) on the decentralised market. The enthusiasm of our community was palpable, with the token’s price seeing a sharp appreciation following the launch announcement, rising from around €0.20 at the beginning of July to a high of €0.45.

This Report analyses in detail the significance of this step, the strategies that made it possible, and above all, the following exciting developments. On the occasion of an event as important as the Uniswap launch, we have decided to make this edition of the report entirely public and accessible to everyone. We want the entire community, and beyond, to fully understand the scope of this turning point.

This is a notable exception: starting from the next edition, the report will return to being exclusive content, with detailed insights into numbers and strategies, reserved solely for our Club members. Suppose you are not yet one of us. In that case, this is the perfect opportunity to experience the level of transparency and detail we offer and to consider joining the Clubs to stay informed about future in-depth analyses.

The launch of YNG on Uniswap and CoinMarketCap

As repeatedly stated, the YNG listing is just the beginning. However, the third quarter of 2025 is, in a sense, the most important of the year, as it will culminate in the realisation of key projects that propel us toward our ultimate goal: to become a digital hub that merges the best of traditional finance (TradFi) and decentralised finance (DeFi).

The launch of YNG on the decentralised exchange Uniswap took place on July 17th. From that moment, and for the first time in history, our token became accessible to a global audience, marking our official entry into the world of DeFi. Concurrently, we secured listings on CoinMarketCap and CoinGecko, ensuring maximum visibility and transparency from the very first minute.

The Unbox: Young Platform’s richest prize competition ever

But the news doesn’t stop there. In recent weeks, we also launched “The Unbox,” our largest and most ambitious prize competition ever, with the primary goal of freeing participants from their preconceptions about finance.

With a prize pool that includes iconic prizes (like a Rolex Datejust and a Moto Guzzi V7) and new game mechanics, this event is designed to increase our community’s engagement and put them to the test, allowing users to win incredible prizes as a natural continuation of their journey exploring the crypto world.

In this context, YNG is the absolute star thanks to the Boost Holder, a mechanism that provides a tangible advantage to those who hold the token in their Young Platform wallet. Specifically, at the end of each week, users receive an extra Gem bonus, calculated based on the amount of YNG held in their wallet (tokens held in Clubs are excluded). It’s a simple, automatic, and merit-based system: the more YNG you own, the more bonus Gems you get, regardless of the missions completed. This is our way of rewarding those who choose to keep their capital in YNG during this key phase of its evolution.

OTC Allocation for Strategic Partners

During this quarter, a strategic allocation of 2,000,000 YNG tokens was almost entirely completed through an Over-the-Counter (OTC) sale that began on July 1, 2025. To date, 100% of the sales target in Euros has been reached, for a total of 474.766,22 €, corresponding to 1.722.440,88 YNG.

This initiative was reserved for selected profiles, High-Net-Worth Individuals (HNWIs), and top users of the platform, to strengthen our ecosystem by involving actors aligned with our long-term vision.

The offer included a minimum purchase of €5,000 and a tiered bonus structure to incentivise larger investments:

• 5% bonus for purchases over €10,000
• 10% bonus for purchases over €50,000
• 15% bonus for purchases over €100,000

To discourage speculation and ensure long-term alignment, participants could opt for an additional 15% bonus by locking their tokens. The unlocking terms for these tokens include a 6-month total lock-up period (cliff), followed by a linear monthly release over the subsequent 6 months. The selection of participants was rigorous, ensuring that each partner shared our long-term oriented approach.

The proceeds from this allocation will be entirely reinvested to support YNG’s growth. Specifically, they will be used to finance upcoming marketing campaigns, potential listings on other centralised exchanges, and to fuel the token’s stability mechanisms, such as buyback programs and liquidity injections.

Given the success of the initiative, we have prepared a new allocation plan, which we will describe in detail in future updates. Unlike the OTC sale, this new plan entails that token purchases will be executed directly on the market. This means they will have a direct impact on the price of YNG. Further details on this future initiative and participation requirements, also based on Club membership, will be shared exclusively with Club members.

Economic Model Integration: Liquidity Injections and Periodic Buybacks

The following strategic step for YNG’s infrastructure is the activation of our new economic model, designed to support its value and liquidity over time.

The integration will be gradual: the mechanism will become fully operational only with the launch of new features, such as the payment account, the card, and perpetual futures trading, scheduled for the second half of 2025.

However, to provide tangible support to the token from its launch, we have chosen to activate an observation phase immediately. We have allocated a dedicated monthly budget and are ready to intervene to support the project if necessary. This initial phase will then be replaced by a portion of the platform’s revenues with the launch of the new features.

As stated multiple times, the economic model is based on two main actions:

• Liquidity Injections: The funds will be used to add liquidity to the pools, making the market more stable and resilient.
• Buyback (market purchase): If a liquidity injection creates an imbalance, the mechanism will use the funds to buy YNG on the market, realigning the value of the assets in the pool and supporting the price. The control and rebalancing between the quantity of Young (YNG), EURO, and USDC in the Pools will be carried out monthly.

To simplify, the process will work as follows:

• Month 1: Assuming a monthly budget of €20,000, this entire sum is used to purchase the YNG token directly on the market. This buyback operation is intended to support the token’s price.
• Month 2: The YNG tokens purchased in the previous month are paired with the current month’s budget. The asset pair (YNG and Euro) is then added to the liquidity pool, increasing the market’s depth and stability. The cycle repeats in the following months.

New Benefit for Clubs: Pulsee Energy

The second quarter of 2025 also brings a new, significant benefit for members of the Young Platform Clubs, designed to meet one of the most pressing needs of the moment and to enrich the user experience from a financial and practical standpoint.

In a context marked by the rising cost of living, we have forged a strategic partnership to offer a concrete and immediate advantage.

Pulsee Luce e Gas: a new energy for your finances. We have joined forces with Pulsee Luce e Gas, the 100% digital energy company of Axpo Italia, to give you greater control over your household expenses. This collaboration was born to offer you not only tangible savings but also an innovative and transparent experience, in line with the Young Platform philosophy.

Club members can now access an exclusive discount on their bills:

• €140 discount on electricity and gas for Club Bronze & Silver members.
• €160 discount on electricity and gas for Club Gold & Platinum members.

Pulsee offers energy from 100% renewable sources, fully digital management via an app, and zero paper constraints—a concrete way to cut costs where they weigh the most and protect your purchasing power.

This benefit adds to the others already active and demonstrates our ongoing commitment to enriching the value of the Clubs. New collaborations are already being defined to make the experience for our members ever more complete and distinctive.

Strategic Insights and On-Chain Data

The following section represents the level of in-depth analysis that is usually reserved exclusively for members of the Young Platform Clubs: confidential information, strategic data, and previews that are not publicly shared.

As a notable exception to celebrate the listing, we are making this content public. In these pages, you will discover the complete evolution of our ecosystem: from the organic growth of the YNG token, which we consider fundamental for it to remain “healthy,” to the new phase of our roadmap.

Listing on Uniswap, CoinMarketCap, CoinGecko

The launch of YNG on Uniswap was executed with a precise strategy, aimed at ensuring stability and maximum transparency for our community. In conjunction with the listing, we secured the presence of YNG on the two most important data aggregators in the world, CoinMarketCap and CoinGecko.

We are in direct contact with their respective teams to ensure that all information (supply, market data, etc.) is always accurate and up-to-date.

To create the market on Uniswap, we split the liquidity pools already present on our exchange, using part of those funds to develop the new decentralised pool on Uniswap V3. At the same time, to ensure clear on-chain visibility, we have structured the YNG supply into three main wallets:

1. Wallet: treasury & ecosystem rewards 

This is our main wallet, containing 66 million YNG. Its function is twofold:

• Ecosystem Rewards: A portion of the funds fuels the benefits for Club members, such as enhanced staking, contest prizes, and future cashback.
• Treasury: The other part serves as a strategic reserve to support the token’s long-term growth, financing the buyback mechanism, liquidity additions, and other future initiatives. We have chosen not to define the breakdown of these funds rigidly. This flexibility is crucial to seize opportunities that will arise in the coming years and to continue rewarding our most loyal users, while always keeping inflation under control. 

Wallet Address (Etherscan): 0xe237A24f67457d32a294b9F21C026C63C7a66B15

2. Exchange Hot Wallet 

This wallet contains approximately 24.9 million YNG and represents the circulating supply held by users on our platform. If you are a YNG holder on our exchange and have not withdrawn the tokens to an external wallet, your funds are safe here. 

Wallet Address (Etherscan): 0x2Ce9f4Fc52AF5498B99597141E66a4273Aa74983

3. Team Wallet 

 7% share of the total YNG supply, equivalent to 7 million tokens, has been allocated to an incentive plan for the team. The objective of this reserve is to align the interests of our staff with the long-term growth of Young Platform, rewarding their strategic contribution. The distribution of 5% of the total token supply will begin in early August and will follow a four-year gradual vesting mechanism. This system ensures a constant commitment over time. Should a team member end their collaboration with the company, they would forfeit the right to receive the unvested portions of the tokens. Furthermore, to support the company’s expansion goals, the 2 million YNG (equal to 2% of the total supply) not yet allocated will be reserved for the recruitment of future talent.

Wallet Address (Etherscan): 0xA26Cbb76156090f4B40A1799A220fc4C946aFB3c

The management of the entire reserve will be carried out with maximum transparency; it will be possible to monitor the amount of tokens released into the market by directly analysing the holders section on Etherscan. Moreover, the issuance of these tokens will be regulated by a mechanism linked to the market capitalisation, which will align the increase in supply with the project’s growth.

4. Wallet for Uniswap Liquidity (LP Token) 

This wallet contains the tokens that represent the liquidity provided by Young Platform to the decentralised exchange Uniswap. 

What are LP tokens? When you provide liquidity to a pool on Uniswap, you deposit two tokens in a “pair” (in this case, YNG and another asset, like ETH). In return, Uniswap issues LP (Liquidity Provider) tokens. 

These tokens act as a “receipt”: they prove ownership of a share of that liquidity and entitle you to receive a portion of the fees generated each time someone trades the tokens in that pair. This wallet holds these LP tokens, guaranteeing YNG’s liquidity on the decentralised market of Uniswap. As of 07/27/2025, the liquidity locked at this address corresponds to 1,732,074 YNG. 

Wallet Address (Etherscan): 0x1C65313c3BE89D78Ba315A044eB5847D21a3A2Eb

The Numbers for Young Platform Clubs in Q2 2025

Let’s now turn to the numbers from the last few months. As you know, YNG is the utility token of Young Platform and grants access to the Clubs: subscription plans that offer significant advantages both on our crypto services and on a selection of brands designed to enrich every aspect of your financial life. First, a clarification is necessary: due to a tracking error related to past promotions, the member data reported in previous reports was not entirely correct. Specifically, some users who were taking advantage of a promotional access to our first Club level, an initiative aimed at testing new engagement strategies, were mistakenly counted. Below are the updated and certified data.

As of 07/27/2025, the Clubs are composed of 1,830 people, divided as follows:

• 1,205 for Club Bronze;
• 275 for Club Silver;
• 156 for Club Gold;
• 194 for Club Platinum;

This data also allows us to analyse the token’s distribution. The more people join a Club, the more YNG is locked, thus reducing the circulating supply. Consequently, this dynamic contributes to greater price stability for YNG. At the end of the first quarter of 2025, Club members numbered 1,797, marking a growth of about 1%. At first glance, the growth may seem modest. Still, the data must be interpreted in light of another factor: the choice of many users to leave the Clubs to have their tokens available for the listing and to capitalise on a potential price increase of Young (which did indeed happen) to realise a profit.

Below is a chart summarising the growth of Club members from the launch of Young (YNG) on our platform to today. We intend to build a dedicated dashboard accessible to Club members through which it will be possible to see, in real time, how the adoption of our loyalty programs evolves.

YNG Token Distribution

In the period between early April and late July 2025, the circulating supply of YNG increased from approximately 24 to 27 million tokens. It is crucial to clarify the nature of this increase immediately: it is not the result of new emissions, but the consequence of a strategic OTC allocation, as previously discussed in the report. These 3 million tokens are now included in the circulating supply calculation because they have left the treasury wallet. However, most are subject to vesting periods and are therefore not immediately available on the market.

This strategic dynamic is coupled with the protocol’s organic inflation, stemming from rewards, which, by contrast, has remained at exceptionally low levels. The analysis of the second quarter (Q2) of 2025 confirms this:

• Step Rewards: 33,851 YNG
• Staking Rewards: 3,929 YNG
• Total Q2 Emissions: 37,780 YNG

This total represents a quarterly inflation rate of just 0.14% relative to the circulating supply.

Having defined the composition of the supply, let’s move on to its distribution across the markets. With the listing on Uniswap, YNG’s liquidity was split to support both the CEX and the DEX. As of July 27, 2025, the situation is as follows:

• YNG/EUR Pool (on Young Platform):
  • 621,000 Euros
  • 1.734 million YNG
• YNG/USDC Pool (on Uniswap – Ethereum):
  • 723,905 USDC
  • 1.733 million YNG

This configuration is the result of the purchases and sales made on the two markets where Young (YNG) is currently active, summarised below along with the price trend.

What happened during Q2 2025 from a tokenomics perspective?

From a tokenomics perspective, the quantity of tokens issued during the quarter remained in line with previous periods, consistent with our policy of controlled inflation.

This approach, which limits the increase in supply much more significantly than the crypto market average, represents a fundamental strength for YNG’s stability. This characteristic, combined with the new economic model that will be implemented with the launch of new features at the end of Q3 2025, strengthens our prospects for sustainable growth.

A more in-depth analysis of the current circulating supply reveals a strategic division between locked tokens and freely tradable tokens:

• Illiquid YNG: approximately 11.2 million YNG (just under half of the circulating supply) are not immediately available for sale. This figure includes tokens deposited in Clubs, those subject to lock-up periods following the OTC sale, those contained within the liquidity pools, and those on Step.
• Liquid YNG: consequently, the amount of tokens actually “sellable” on the market amounts to approximately 8.6 million.

The rest of the circulating supply is distributed within the ecosystem, mainly on Step and in the two currently active liquidity pools.

The Price of YNG

The second quarter of 2025 marked a turning point for Young (YNG), characterised by exceptional price performance and the achievement of a fundamental strategic objective: listing on a decentralised market.

After a phase of remarkable stability for much of the quarter, with the price hovering around the €0.20 level, the situation changed radically in early July. The announcement of the imminent listing on Uniswap triggered a sudden surge, fueled by the positive reaction of the community.

Intense buying pressure pushed the token above €0.27 in a single day, and then, within a week, it broke the previous all-time high of €0.30. This rally peaked in the week of the launch, when YNG set a new all-time high around €0.50, marking an appreciation of about +120% since the end of June.

The enthusiasm was such that, at the time of listing, the price even briefly touched the one-dollar mark on the on-chain pool. While we appreciate this performance, our goal remains steady and organic growth, avoiding excessive volatility and linking the token’s value to its real utility within the platform.

The Next Steps

The listing on Uniswap is not a destination, but the beginning of a new phase of expansion. Our strength lies not in short-term hype, but in building a solid, secure, and valuable ecosystem. Our course for the coming months is set and is based on three fundamental pillars:

1. Global Expansion and Targeted Marketing 

The launch on Uniswap kicks off our first true international marketing campaign to make the project known far beyond Italy’s borders. It’s not just about promoting the token, but about making the entire Young Platform ecosystem accessible and attractive to a global audience, increasing its utility and avoiding purely speculative logic. We will act with a strategic and measured approach, collaborating with agencies and KOLs (Key Opinion Leaders) specialised in the Web3 sector. Thanks to a flexible structure, we will analyse data in real time to focus investments on the highest-impact activities, thus ensuring organic and sustainable growth.

2. Continuous Platform Development 

While the market focuses on price, our team remains focused on our primary mission: building tangible value. Our development roadmap continues unabated, and the release of the announced new features, such as the payment account, the card, and the integration of futures, is our top priority. We firmly believe that the growth of YNG’s value in the long term will not be dictated by hype, but by its real utility. Every new product we integrate into the ecosystem creates new use cases for YNG, increasing its organic demand and offering our community more concrete reasons to hold and use it.

3. Strategic Activation of the Economic Model 

In parallel with development, we will activate our new economic model, designed to link the platform’s successes to the token’s stability. The implementation will be gradual: in an initial phase, until the launch of the account and the card, we will be in “observation mode,” carefully monitoring the market to act with targeted support operations where necessary. Subsequently, the mechanism will become fully operational. A portion of the platform’s revenues — generated from trading fees, the Step app, and staking — will be systematically used to perform YNG buybacks or to inject liquidity into the pools, creating a virtuous cycle that supports the token’s value over time.

Conclusions

The second quarter of 2025 concludes by marking a historic turning point for the Young Platform ecosystem. The listing of YNG on Uniswap was not just a technical milestone, but the beginning of a new era of global accessibility and integration into the world of decentralised finance. The enthusiasm of our community and the positive market reaction, which brought the token to a new all-time high, confirm the validity of our vision.

As we have detailed in this report, every step — from the strategic OTC allocation to the launch of The Unbox competition — has been guided by a single principle: the construction of long-term value. Our course remains firm and focused on organic growth, the real utility of the token, and the constant strengthening of our ecosystem, shielded from purely speculative dynamics.

The coming months will be just as intense. We will proceed with determination along the three strategic pillars we have outlined: the expansion of our marketing globally, the release of new and fundamental features like the account, the card, and futures, and the progressive activation of our economic model. We are convinced that these initiatives will further consolidate the position of YNG and our ecosystem.

Your support as Club members is and remains our greatest asset. We thank you for your trust and invite you to continue following us in this exciting chapter of our journey.

Join a Club!

Inizia ora

After years of growth within our ecosystem, we are ready for one of the most important steps in our history. This is why the launch of YNG on Uniswap is not a destination, but a new, exciting beginning.

On 17 July, something we have been waiting for a long time will happen, a fundamental milestone in our journey. We are incredibly excited to announce that our token, Young (YNG), will be officially launched on the Ethereum blockchain, specifically on the decentralized exchange Uniswap and simultaneously listed on CoinMarketCap. 

But that’s not all! In the coming days, we will also kick off a new, incredible prize competition in which YNG will be one of the main protagonists. This is not just a listing. It is the moment we open the doors of our ecosystem to the entire world.

What does this launch mean for the Community and for YNG?

Since its inception in 2018, YNG has lived and thrived within our ecosystem. It has been the tool to reward education with Step, the key to accessing exclusive Club benefits, and the symbol of our community’s trust. 

Until today, however, it was a treasure shared only among our users. 

With the launch on Uniswap, everything changes. YNG becomes a global asset, accessible to anyone, anywhere, without barriers. It enters the world of decentralized finance (DeFi) on Ethereum, opening up to a universe of new possibilities and an international audience. For you, who are part of our community or are approaching YNG for the first time, this means more visibility and the first, true interaction of our token with the global market.

The foundations supporting the launch

We arrive at this moment after more than six years of work and strategic choices designed for long-term stability. This launch is not a gamble, but the next step in a journey built on solid pillars. 

• A “Community-First” philosophy: our company’s growth has been supported by top-tier institutional partners like Azimut, who have invested in our company’s equity, not in the token. We have consciously chosen not to sell YNG to Venture Capital funds to protect our community from dilution and speculative sales. 
• A tokenomics based on scarcity: the strength of YNG lies in an economic structure designed to create real value. Scarcity is one of its cornerstones: a huge portion of its circulating supply (currently more than 70%) is locked in our Clubs, on Step, or in liquidity pools. 
• A sustainable economic model: the economic mechanism that we will integrate shortly, fueled by buybacks financed by platform revenues and by liquidity injections, will allow us to actively support the token’s value.

Why Uniswap?

For such an important event, we chose not only the best platform, but the best technology. The launch will take place on Uniswap V3. This technical choice was made for a specific reason: to protect and stabilize the YNG market from the very first minute. 

Reaching this milestone is not a finish line, but a new starting point. It is the moment when the project we have carefully cultivated with our community presents itself to the world. 

We are proud of the journey we have made and incredibly excited for the future we will build, now more than ever, together with you. The next chapter of our story is about to begin.

But the best is yet to come…

The utility of YNG is constantly expanding. In addition to the real benefits already available to Club members, such as up to 90% discount on trading fees and a boost on staking returns, we have formed exclusive partnerships with successful brands like WeRoad, Serenis, and Milano Finanza, to offer value that goes beyond the crypto world. Consistent with our roadmap, Club members will get privileges like cashback on the debit card (up to 3.6%) and exclusive benefits on Futures trading. 

And that’s not all: YNG will be one of the protagonists in the new prize competition that we will launch in the coming days. Reaching this milestone is not a finish line, but a new starting point. 

We are proud of the journey we have made and incredibly excited for the future we will build, now more than ever, together with you. Are you already a YNG hodler? Buy Young (YNG) and join the Clubs now!

Join the Clubs!

Start now

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.

Join a Club!

Inizia ora

The Q4 2024 report on the YNG token. What happened during this eventful year full of new developments? What are the following steps to take?

What happened in the last quarter? What objectives were achieved in 2024? What does 2025 hold for us—a crucial year for our future? How many YNG tokens were issued, bought, and sold, and what next steps should we take?

2025 will be a pivotal year

Before exploring the Young (YNG) token, the Clubs, and our ecosystem, it’s essential to clarify a few key points. We are entering the era of Composable Finance, a transformative period in which modularity and decentralisation are reshaping the financial system to be more inclusive, transparent, and flexible. Young Platform is well-suited to this landscape, as we have always aimed to simplify the crypto market for everyone, breaking down barriers and providing increasingly innovative and secure tools.

As mentioned earlier, our primary goal for 2025 is to establish ourselves as a crypto bank—a digital hub that combines the best of traditional finance (TradFi) and decentralised finance (DeFi).

Young Platform Club Numbers – Q4 2024

YNG is Young Platform’s utility token. It grants access to Clubs, subscription plans that offer exclusive benefits on our crypto services, and a curated selection of brands designed to enhance every aspect of life.

Currently, the Clubs consist of 1,882 members, distributed as follows:

• 1,276 in Bronze Club (+8%)
• 275 in Silver Club (+22%)
• 169 in Gold Club (+29%)
• 162 in Platinum Club (+22%)

Club Pricing: The New Model Comes into Effect

Users must purchase and lock a specific amount of YNG to join a Club on the Young Platform’s exchange. This amount has been permanently fixed until now, but as of today, February 4, 2025, it will become variable. This change aims to create a better balance between supply and demand, providing users greater flexibility. This report provides all the details regarding the new Club rebalancing mechanism.

Membership Growth in January 2025

The number of registered members is a crucial metric for analysing token distribution. As more people join the Club, more YNG tokens are locked, reducing the circulating supply. This dynamic contributes to YNG’s excellent price stability.

Club membership has increased compared to the previous quarter, likely due to the announcement of the 2025 Roadmap and the recently implemented rebalancing mechanism for the number of YNG required to join.

Starting today, the fee discount for new Platinum Club members who join the loyalty program will be 90% instead of the previous 100%. However, this change does not affect existing members whose terms and conditions remain unchanged.

As of the end of Q3 2024, club membership reached 1,659, reflecting an approximate growth of 13%, a rate not seen in the past two years. Additionally, it is encouraging to note that the most exclusive clubs, Gold and Platinum, experienced growth rates of 29% and 22%, respectively.

YNG Token Distribution

In October, the circulating supply of YNG tokens was approximately 23.7 million. By January, this figure had risen to 23.9 million, marking a net increase of around 107,587 tokens, or +0.8%.

The tokens were distributed through various mechanisms:

• 19,281 tokens were allocated for completing Quizzes, Challenges, and the Up&Down feature (before the Levels introduction).
• 43,797 tokens were earned by completing Levels.
• 44,509 tokens were distributed through the Staking feature.

The YNG token market is managed by an algorithm that determines the exchange rate based on two underlying liquidity pools denominated in EUR and YNG. At launch in May 2022, these pools contained:

• 1 million euros
• 4 million YNG

Taking into account token purchases and sales over the past few months, by the end of December 2024, the pools contained:

• 676,750 euros
• 6.27 million YNG

This configuration reflects the buying and selling activity during Q3, summarised below, along with price trends.

What happened in 2024 from a tokenomics perspective?

The token issuance mechanisms already changed in 2023 with the Step 3.0 update and, more recently, with the introduction of Staking.

The current number of YNG issued has risen by 57% compared to the 68,000 issued during the third quarter of 2024. This growth, particularly in relation to the overall increase in Club membership, is a positive indicator. It suggests that users have valued the improved Staking APY. This reinforces the effectiveness of our incentive strategy, which we intend to apply to upcoming features.

It is important to note that YNG’s launch on the decentralised market will accompany a comprehensive restructuring of its tokenomics, which is already underway. As mentioned in the introduction about the “cost” of joining Clubs, the new features we are implementing will offer token rewards in Young (YNG) exclusively for Club members, following a staking model.

The current situation allows us to calculate the amount of YNG available for sale, considering the tokens locked within the Clubs. Approximately 10.2 million YNG are locked in our loyalty programs, representing just under half of the circulating supply. Meanwhile, the amount available for sale is around 13.7 million YNG.

We are confident that our announcements in the coming weeks will further drive Club membership growth. We aim to integrate loyalty programs—and, by extension, our token—more centrally into the ecosystem.

The Price of YNG

Let’s analyse Young (YNG) ‘s performance over the past few months. While the most significant phase of YNG’s recent price surge began in early 2025, we have included this in our report because price movements influence strategic decisions, particularly regarding YNG’s listing on the decentralised market.

At the beginning of December, YNG’s price was around €0.095. This was followed by a gradual increase in buying pressure, initially mild but progressively stronger. Following the release of the roadmap video on December 17 and the start of January, trading volume increased, leading to more robust daily and weekly performance.

🔗 View the tweet

On January 18, the announcement of the new Club price rebalancing model gave the market an additional boost. As a result, YNG’s price skyrocketed from around €0.12 to a new all-time high of approximately €0.28, marking a remarkable increase of 158%, with 15 consecutive days of gains.

Following its peak, the token underwent a natural correction, settling around €0.22 due to increased selling pressure. This price retracement was generally anticipated, as it had been advantageous to join the Clubs while YNG was priced below the €0.24 threshold in recent weeks.

Q4 2024: Achievements and Released Features

During Q4 2024, we focused on several key features alongside developments on the token project, which will be covered in a dedicated section. Our primary goal was to introduce the evolution of the Earn feature, which was suspended in 2022.

At the same time, we worked to ensure compliance with the European Markets in Crypto-Assets (MiCA) regulation, which partially came into effect at the end of June 2024, aligning with the new regulatory standards for crypto assets.

As always, this report summarises the progress made over the past three months and provides a detailed overview of the most relevant initiatives and developments.

Expansion of the Staking Feature

At the end of Q3 2024, we introduced staking, initially available only on Ethereum, before gradually expanding to other networks. The second network added to our exchange was Solana (SOL), followed by Celestia (TIA) and Cosmos (ATOM). As mentioned in the Q3 2024 Quarterly Report, this feature aims to provide users with a straightforward and efficient way to earn rewards on their cryptocurrencies without hassle or complexity.

Staking plays a crucial role in this report. It has allowed us to introduce the first significant benefit associated with the Clubs, further enhancing the significance of the Young (YNG) token within the ecosystem. 

One of the most significant advantages is the extra YNG bonus, calculated based on the user’s Club level. To determine the actual value of these boosts, simply add the percentage shown below to the standard staking APY, with the increase potentially reaching the maximum indicated, depending on the underlying asset:

• Bronze Club: up to +5%
• Silver Club: up to +15%
• Gold Club: up to +30%
• Platinum Club: up to +70%

In December, we introduced the recurring purchase option for staking. This feature allows users to automate their value accumulation strategy, simplifying asset management while maximising staking rewards over time. For about a month now, users have been able to set up recurring purchases, helping them average the purchase price of the selected cryptocurrencies (ETH, SOL, TIA, ATOM).

This way, they not only optimise their market entry strategy but also maximise the compounding effect of staking rewards, increasing the growth potential of their portfolio.

Club Price Rebalancing Mechanism

Starting today, February 4, 2025, the number of YNG tokens required to join Young Platform’s Clubs will be updated monthly based on the market price. This approach aims to maintain a balance between accessibility for users and the value of the tokens. The adjustment mechanism plays a crucial role in stabilising Club pricing:

• If the price of YNG increases significantly, the number of tokens needed to access the Clubs will decrease proportionally. This prevents the euro cost from rising excessively and reduces the risk of excluding users.
• Conversely, if the price of YNG drops, users will be required to hold more tokens to access the Clubs. This adjustment helps balance the lower unit value and ensures the model’s sustainability.

These mechanisms operate under specific rules to balance accessibility and economic stability and stabilise pricing in fiat currency (euros). Let’s examine how they work.

Amounts to be Locked to Access the Clubs

(Based on YNG’s launch price of €0.24) :

• Bronze: €360
• Silver: €1,200
• Gold: €2,400
• Platinum: €6,000

1. If YNG’s price falls below €0.24 at the end of the month, the number of tokens required will increase proportionally, ensuring that the euro cost remains the same as at launch, when YNG was priced at €0.24.

For example, if by the end of the month, YNG is at €0.20, the amount of YNG needed to join the Bronze Club will still be €360, but users will have to lock 1,800 YNG.

Since: 1,800 YNG × €0.20 = €360.

2. If YNG’s price rises above €0.24 at the end of the month, a discount factor will be applied to prevent Club access from becoming too expensive.

For example, if YNG’s price increases by 50% beyond €0.24, reaching €0.36, thanks to the discount factor (initially set at 0.5), the euro cost will rise by only half, meaning +25% instead of +50%.

In this case, 1,500 YNG would usually be required to join the Bronze Club at €0.36 per YNG, but with the discount factor, only 1,250 YNG will be needed, meaning €450 instead of €540.

📌 NB: The discount factor may be revised in the future.

In summary:

• If YNG’s price decreases, the required tokens increase proportionally (without discounts).
• If YNG’s price increases, the number of tokens required decreases, but in a controlled way to prevent devaluation of the Clubs.

This system ensures a balanced access model, preventing a sharp price increase from making Clubs too cheap or a significant price drop from requiring an unrealistic number of tokens.

This change guarantees excellent stability and prevents imbalances that could make the Clubs too exclusive.

New Club Prices for February 2025

As previously mentioned, the amount of YNG to lock to join Young Platform’s Clubs in February is as follows (considering the YNG price as of 04/02 at 00:00 at €0.215):

• Bronze: 1,667 YNG
• Silver: 5,557 YNG
• Gold: 11,115 YNG

Platinum: 27,789 YNG

Young Platform Pro Update

Over the past few months, we have been enhancing Young Platform Pro’s trading experience by introducing visual and functional updates to make the platform more intuitive and efficient.

The homepage has been completely redesigned, and the markets page now offers more detailed information for each trading pair, including the 24-hour trading volume and other key metrics. We have also optimised the desktop interface’s adaptability to improve the user experience.

In addition, we have enhanced the data display in the order book, making limit order positions more explicit. The trading pair selector has been optimised to include more information and a more detailed categorisation of available cryptocurrencies. Users can now hide open limit orders and view historical trade positions directly on the chart.

Regarding order management, we have introduced the ability to view individual executed trades. A shortcut for YNG conversion has made accessing small balances (dust) easier. Moreover, shortcuts between the wallet, orders, and trading area have been improved to facilitate smoother navigation.

Finally, we are actively working on releasing a new version of the trader APIs. This version will include WebSocket support, providing advanced users greater automation and integration possibilities.

Zealy Campaign 

The Zealy campaign, launched to encourage and reward our community’s engagement, will continue to evolve over the coming months.

After tracking user activity on Discord and rewarding the most active members at the end of 2024, we have kicked off a new campaign, allowing everyone to climb the leaderboard again and win prizes.

The system allows users to earn points through various activities, such as:

• social media interactions,
• themed quizzes,
• active participation in the community.

This initiative is part of a broader strategy to strengthen our ecosystem, where user contributions will be increasingly valued through exclusive benefits.

We will officially announce the prizes during the quarter. They are designed to reflect our ambition to become a digital bank and offer tangible rewards to our most engaged users.

Listing on Young Platform

As always, we have worked to expand the range of cryptocurrencies available on Young Platform, in line with user feedback. During the last quarter, we integrated the following tokens into our ecosystem:

• Popcat (POPCAT)
• Dowifhat (WIF)
• cat in a dog world (MEW)
• Ondo (ONDO)
• Metis (METIS)
• OFFICIAL TRUMP (TRUMP)
• Ethena (ENA)
• Kaspa (KAS)

Would you like to suggest new and exciting cryptos you’d love to trade on our exchange? Join us on Discord! It’s the perfect place to share strategies, discuss results, and ask for advice from other community members.

💬 Join the conversation and stay up to date!

👉 Join Discord

Club Benefits

Over the past few months, we have introduced two new benefits for our Club members in the form of vouchers.

In November, we launched Tiqets, a platform that allows you to explore museums and attractions worldwide without waiting in line. There’s something for everyone, from water activities in Dubai to distilleries in Dublin, stadium tours in London, day trips in Las Vegas, and even visits to the Vatican Museums.

We also recently announced our partnership with Builtdifferent. This all-in-one fitness platform provides personalised training programs and nutrition plans at a significantly lower cost than hiring a traditional personal trainer.

But the exciting news doesn’t stop there! We are discussing with more major brands to offer even more exclusive and valuable benefits in the future.

Stay tuned by following our blog and social media channels so you don’t miss out!

Upcoming News!

The best is yet to come, and here’s a sneak peek. 

As previously mentioned, during Q3 2024, we primarily focused on staking and the initial preparations for the payment account. However, YNG remains at the centre of our activities. We have made significant progress and have a clear roadmap for its future. This will be the main focus of this report.

IEO Young (YNG) and Tokenomics

Since the end of Q3 2024, the situation has slightly shifted, primarily due to Young’s (YNG) recent price surge. The stock has returned close to its €0.24 launch price.

As the Q3 2024 report outlined, the goal until early January was to restore YNG to its original launch price through a pre-TGE buyback. This strategy aimed to rebalance existing liquidity pools and establish a solid price base for the token ahead of its official launch on the decentralised market.

Once the price stabilised, the plan was to sell YNG tokens to selected venture capital (VC) firms through a private sale with a structured four-year vesting period. This approach was designed to attract strategic investors who could support project growth. The funds raised would strengthen the treasury, finance development initiatives, and continue the buyback strategy.

However, the recent price increase allows us to explore alternative strategic options while continuing discussions with key European VCs. At the same time, our integration with the selected Initial Exchange Offering (IEO) provider is nearing completion. The team also evaluates the optimal launch strategy, considering market conditions and institutional investor interest.

Our goal remains to maximise the ecosystem’s value by ensuring sustainable token distribution. Additionally, we aim to activate the trading pair on decentralised exchanges (DEXs) no later than the launch of the payment account and card, which is currently scheduled for Q2 2025.

Key Mechanisms to Ensure Token Stability

Beyond the sales strategy, two essential mechanisms outlined in the Q3 2024 report remain active to ensure YNG’s stability:

• Club Rebalancing: The number of YNG tokens required to join the Clubs will be periodically adjusted based on price fluctuations. If the price rises, the required number of tokens will decrease by 50% relative to the price increase. If the price falls, the number of tokens needed will increase proportionally. This system maintains a balance between accessibility and market stability.
• Liquidity Addition: The treasury will monitor the available budget and YNG reserves monthly to add liquidity to the pools. This mechanism, which will take effect with the launch of the DEX trading pair, will help mitigate price fluctuations and ensure greater market depth.

Trade Rumble: The Ultimate Trading Competition

Starting 7 February, we’re launching Trade Rumble, the competition that tests your trading skills, giving you the chance to climb the leaderboard and win amazing prizes.

Joining is simple: trade Euro-Crypto and Crypto-Crypto pairs, complete missions, collect Gems, and rise in the rankings.

Up for grabs: MacBook Pro, iPhone 16, AirPods Max, and many more prizes, with an exclusive advantage for Club members: in case of a tie, the winner will be whoever belongs to the highest Club level (plus, Club members already save on trading fees!).

Account & Card

As previously announced in our last report and during the dedicated AMA, our ecosystem is on the verge of a significant advancement with the launch of the Payment Account and Card, scheduled for Q2 2025. This project has long been a part of our long-term vision and represents the second pillar of Young Platform, bringing us closer to achieving our goal of digital banking.

Our ambition is clear: to become Italy’s first crypto-native bank, combining the strengths of traditional finance with the efficiency, speed, and earning potential of the crypto world. This new approach will offer users a more accessible, faster, and cost-effective way to manage their finances, providing complete control over digital and traditional assets.

The new Payment Account allows users to manage their finances in one place, simplifying spending, investments, and transfers. Additionally, the Debit Card (available in digital and physical formats) will allow users to spend their funds and profits from crypto investments directly, minimising costs and enabling instant transactions. This card will be more than just a payment method—it will serve as an essential extension of the Young Platform ecosystem.

The Clubs and the Young (YNG) token will be crucial in this transformation. Our Crypto-Infused Finance model will incorporate YNG cashback and exclusive benefits for Club members, making our system even more rewarding for those who support our vision. Some of these perks will be available soon, even before the official feature launch.

We are also developing a pre-launch marketing campaign for the Card to reward our most active users. This will be a competition, and Club members will naturally have additional advantages.

 That’s all we’re revealing for now… but stay tuned on our social channels to learn more soon!

Futures

We are excited to announce a significant new feature to our ecosystem: Futures on Young Platform, which will launch in Q3 2025. Our community has highly anticipated this development, which represents a strategic evolution of our platform and will expand trading opportunities for all users.

With the introduction of Futures, users will have access to advanced tools to trade with leverage on cryptocurrencies, stocks, and ETFs. This means they can open long and short positions, enabling more flexible and diversified trading strategies—whether to capitalise on bullish trends or hedge against market uncertainty.

The launch of Futures marks a significant milestone for Young Platform. It positions us as a comprehensive hub for managing and investing in digital and traditional assets. This new feature will enhance our platform’s competitiveness, catering to experienced traders and those who want to explore more advanced financial instruments gradually.

That’s all the information for now! Be sure to follow us on all our channels.

The Q3 2024 YNG Token Report – Key highlights and next steps

The latest quarterly report for the YNG token is here, bringing you a full update on recent developments and future milestones. What’s been happening in this action-packed quarter? And where are we heading next?

The YNG Token Report is essential reading for anyone following the progress of Young Platform’s utility token. It outlines the major steps we’re taking to introduce YNG to the decentralised market. This quarter’s strategy hinges on three core initiatives: buybacks, regular liquidity injections, and both public and private sales. Full details on each can be found in the main report below.

What happened in Q3 2024?

Curious about what was achieved in Q3? The report details everything, including token issuance, purchases, sales, and the latest milestones achieved on the journey to decentralising YNG. In our roadmap to decentralised market entry, you’ll also find updates on the broader token project and the current stage.

For a complete overview, read on to explore this October 2024 report.

Young Platform Club metrics: Q3 2024

YNG is the utility token of Young Platform, which provides members with access to exclusive subscription-based “Clubs” that reward our most committed supporters with unique benefits.

Currently, the Clubs include 1,659 members, split as follows:

• Bronze Club: 1,172 members
• Silver Club: 224 members
• Gold Club: 131 members
• Platinum Club: 132 members

Membership in these Clubs requires a locked balance of YNG tokens on the Young Platform exchange. This membership distribution demonstrates the token’s user base and influences market dynamics; the higher the Club membership, the lower the selling pressure on YNG, ultimately supporting price stability.

Since the launch of Staking, YNG holders have gained an additional benefit: token rewards provided through staking, exclusively in YNG. Full details on staking benefits can be found later in the report.

Membership Trends

Comparing these figures with those from Q2 2024 shows a slight decline in Club members, down from 1,699 to 1,659:

• Bronze Club: 1,192 members
• Silver Club: 230 members
• Gold Club: 139 members
• Platinum Club: 138 members

This represents a 3% decrease in membership numbers. However, recent updates to our ecosystem could shift this trend. In early October, we launched staking with enhanced rewards for Club members, and exclusive content from the crypto and finance event DYOR24 will soon be available to our most dedicated supporters.

YNG Token distribution and circulating supply

In June, the circulating supply of YNG was approximately 23.6 million, and by September, it had risen to around 23.67 million, marking a net increase of approximately 68,356 tokens, or 0.33%.

These tokens were allocated through various activities:

• 18,202 tokens were distributed via Quizzes, Challenges, and Up&Down (pre-Level implementation).
• 50,153 tokens awarded through Level completions.

YNG’s market operates through an algorithm managing the exchange rate using two underlying liquidity pools in EUR and YNG. At the May 2022 launch, these pools contained:

• €1 million
• 4 million YNG

After accounting for buy and sell activities across Q3, by July 2024, the pools held:

• €655,740
• 6.45 million YNG

This configuration reflects the token’s buy and sell dynamics over the past quarter, including price performance data presented later in the report.

YNG Token emissions in 2023

What happened in Q2 2024 in terms of Tokenomics?

The structure of YNG emissions saw its first major shift last year with the Step 3.0 update and more recently, with the introduction of Staking. Regarding Step 3.0, we now have sufficient historical data to analyse its impact. For Staking, while still in the early stages, the initial results are aligned with our planned economic model, which we’ll explore further in this report.

As the chart illustrates, the latest Step update significantly curtailed YNG distribution, reducing new token emissions by 95%. A decrease in active users also influenced this outcome.

It’s important to highlight that YNG’s upcoming launch on the decentralised market will coincide with a full restructuring of its tokenomics. Specifically, our new features will channel token rewards exclusively to Club members, a model introduced with our latest Staking feature.

We anticipate a rise in YNG emissions starting in Q4 2024. However, increased Club membership and demand are likely to offset this, which could positively impact the token’s market dynamics.

YNG price analysis

YNG Price Trends in Q3 2024

Let’s examine YNG’s price movement throughout Q3 2024. Like Q2, the broader crypto market remained relatively stable over the summer, with Bitcoin trading within a narrow range of $67,000 to $55,000, showing no clear trend.

Similarly, YNG’s price exhibited low volatility, fluctuating slightly between $0.10 and $0.11.

Q3 2024 achievements

Our primary focus in Q3 2024 has been enhancing the Staking feature alongside ongoing developments in the YNG token project (which we’ll detail in a dedicated section). A key objective was to reintroduce the Earn feature, which we had paused in 2022, and to make significant strides toward regulatory compliance under the EU’s Markets in Crypto Assets (MiCA) framework, partially enacted in late June.

This report provides an excellent opportunity to summarise our recent work. Let’s review the initiatives undertaken in 2024 to increase the value of our Clubs and, in turn, boost YNG’s appeal.

Staking on Young Platform

A key focus of Q3 2024: Staking

The highlight of Q3 2024 has been the rollout of our Staking feature. Though there are many exciting changes compared to the Earn function active on Young Platform until the end of 2022, the main objective remains: allowing users to earn rewards on their crypto assets easily and simply. Whether you’re a seasoned investor or a newcomer to the crypto world, Staking offers a straightforward way to put your assets to work and maximise returns.

Staking on Young Platform brings two primary benefits:

• Simplicity: Earn rewards without needing to navigate the complexities of decentralised protocols.
• Accessibility: Start with as little as €50, making staking available to users with smaller portfolios.

A unique aspect we want to emphasise in this report is that Staking represents the first feature developed under YNG’s new economic model, which will be discussed in detail later. Beyond the standard rewards, our most loyal members receive additional YNG token bonuses.

We aim to engage and reward Club members by providing enhanced benefits within our ecosystem. The following YNG bonus rewards are available depending on the Club membership level. To calculate the total value of these boosts, simply add the percentage below to the standard staking APY. The maximum additional percentage varies depending on the staked asset:

• Bronze Club: up to +5%
• Silver Club: up to +15%
• Gold Club: up to +30%
• Platinum Club: up to +70%

Check out our dedicated guides for a more in-depth look at how staking works and how to make the most of this feature!

DYOR24: a successful event

Last week, we hosted DYOR24, a free online event that brought together Italy’s leading crypto and finance experts in one virtual space. It was a tremendous success! Our team’s efforts were validated by the fantastic feedback we received regarding the quality and accessibility of our speakers. At Young Platform, we’ve always aimed to foster an environment where people can explore, discover, and ask questions without hesitation, and DYOR24 embodied this mission in every session.

But there’s more! In the coming days, DYOR24 will become an exclusive benefit for Club members, who will gain access to recordings of every guest session. This first online event will transform into a professional course, with experts stepping into the role of “instructors” to deliver over 24 hours of in-depth lessons on a range of critical topics across crypto and finance.

New benefits for Club members

In recent months, we’ve introduced two additional perks for our Club members through exclusive vouchers:

• Saily: In September, we launched Saily, an international eSIM service enabling seamless internet access worldwide. Developed by Nord Security, the creators of NordVPN (a brand we already partner with), Saily is perfect for staying connected no matter where you are.
• Tiqets: We recently announced our partnership with Tiqets, a service that provides discounted and queue-free access to museums, attractions, and activities worldwide—from New York to Tokyo, Rome to Paris.

These new benefits, alongside our collaborations with WeRoad, Saily, and now Tiqets, offer Club members a fully enhanced travel experience. With WeRoad, members can explore the world through exciting group trips. Saily ensures they stay connected online, and Tiqets allows them to make the most of their travel experiences quickly and conveniently.

More partnerships on the horizon

The new benefits don’t stop here. We are talking with other prominent brands to continue providing our members with increasingly valuable and exclusive benefits. Stay tuned to our blog and social media channels to be the first to hear about what’s next!

Exciting developments ahead!

Here’s where things get really interesting. As hinted earlier, Q3 2024 saw us focus on Staking and early groundwork for our upcoming Payment Account feature. Meanwhile, the YNG token has remained at the core of our efforts, with significant progress and a clear roadmap for its future—a main focus of this report.

Payment account & Card

As mentioned in the previous report and our dedicated AMA, we’ve been working on something special, a long-term project we’re thrilled to bring back into focus thanks to new opportunities that allow us to expand our vision.

This upcoming feature merges the best of traditional and digital finance into one seamless experience, elevating your daily interactions to something truly revolutionary. Rather than simply providing a tool, we aim to introduce a feature that integrates fully with our ecosystem, setting us apart from competitors. Our goal is to launch the Payment Account and its accompanying Card by the end of Q1 2025, and we are positioning the Clubs and YNG token to play a central role in this ecosystem.

New Staking developments

The Staking feature, launched on 7 October, is just the beginning. In addition to app integration and the ability to stake Solana (SOL), we’re actively working to expand staking options across a broader range of cryptocurrencies, enabling users to earn rewards on more assets they hold.

As always, we welcome user feedback to guide us in implementing new staking options that best meet our community’s needs.

Tokenomics: the evolution of Young (YNG)’s Economic Model

In Q3, we reviewed and refined the documents created in Q2, incorporating valuable feedback from fund managers and advisors. Alongside these refinements, we developed an enhanced economic model for YNG, positioning it as a core driver of engagement within our ecosystem and directly rewarding user participation.

A live session initially planned for our Platinum Channel members was postponed over the summer due to essential revisions, but it will now be rescheduled following the AMA for this report to cover all the latest updates.

With the recent launch of staking, many of you have noticed that YNG has evolved beyond its previous role as a simple reward in Step. YNG will be integrated across most of our platform’s features, incentivising activities like learning, trading, and transactions and making Club membership more appealing.

New YNG Model: incentives for platform engagement and Club Membership

Our revised YNG model is designed to reward user activity and promote Club membership. Every interaction on the platform—whether educational, trading, buying, or selling—earns users rewards, thus enhancing the value of joining our Clubs. This approach draws in new users and encourages our existing community to participate more deeply, fostering organic growth, a balanced token economy, and long-term sustainability.

Key features of the new model and the upcoming steps towards decentralised market entry include:

Reward Structure

Our reward system aims to attract new users and boost community engagement. By offering a variety of incentives linked to user actions, we are promoting Club participation and building a more vibrant, dynamic community. Here’s an overview of our primary reward structures:

• Learn Reward: Users earn YNG by engaging with educational content and games on the platform. This initiative rewards learning and commitment, helping users expand their financial knowledge while strengthening their connection to our ecosystem.
• Staking Reward: Club members who use our staking feature (or staking services from third parties like LIDO, available through the platform) receive additional YNG rewards. This mechanism encourages Club participation and engagement with our ecosystem’s features without substantially increasing token circulation.
• Card Cashback: Transactions made through the upcoming “Payment Account & Card” feature will earn users cashback in YNG. This reward structure is designed to maximise the benefits of everyday transactions and encourage the use of the payment account.
• Exchange Cashback: Users will also receive cashback in YNG on trading fees, which is designed to boost trading activity and increase platform interaction.

Each of these reward structures is designed to make YNG a central and valuable asset within our ecosystem. They fairly reward users while encouraging them to explore and use the platform’s full suite of features.

YNG Treasury

The YNG Treasury is a fundamental pillar of the token’s economic model, designed to ensure stability and support long-term growth. It will accumulate some fees generated from YNG reward-based platform activities and funds raised in upcoming sales stages. These funds will be strategically allocated to activate the stabilisation mechanisms described below, ensuring sufficient liquidity to maintain balance in the token market.

Additionally, the treasury will serve as a reserve to fund YNG development, marketing, and promotional initiatives, supporting the expansion of the ecosystem. Prudent management of treasury funds will sustain a long-term, balanced model, encouraging organic community growth and reinforcing YNG as a valuable asset for users. We are committed to maximum transparency in treasury fund use, providing periodic updates to allow the community to monitor and assess treasury operations.

Stability mechanisms

The economic model for YNG includes various mechanisms designed to stabilise and sustain the token in the long term. Our strategy seeks to balance YNG demand and supply dynamically, ensuring price stability and fostering community engagement. Here are the primary tools to achieve this balance:

1. Club entry token rebalancing: This will be the first mechanism activated, with a start date announced after consulting Club members. The mechanism periodically adjusts the number of YNG tokens required for Club access based on price fluctuations. If YNG’s price rises compared to the previous period, the token requirement will decrease by 50% of the price increase. Conversely, if the price decreases, more tokens will be required without an additional 50% on the rise.

Example: If YNG’s price rises by 10%, the token requirement drops by 5%. If the price falls by 10%, the token requirement increases by 10%. This adjustment will start from the current entry requirements, based on the original listing price of €0.24, balancing accessibility with user commitment while rewarding early adopters who join Clubs before new features arrive.

2. Add Liquidity: The Add Liquidity function ensures two conditions are met before adding EUR and YNG tokens to the liquidity pool:

• Monthly Budget: Ensures sufficient monthly treasury or revenue funds are allocated to liquidity.
• YNG Availability in Treasury: Confirms the treasury holds enough YNG for liquidity addition.

When both conditions are satisfied, liquidity is added to the pool, helping to stabilise or boost liquidity and mitigate significant price fluctuations for YNG.

3. Buyback: The Buyback function is also regulated by the monthly budget, allowing the platform to purchase YNG from the market using treasury EUR. This reduces YNG’s circulating supply and supports its price. A buyback occurs only when adequate funds in the treasury cover the transaction amount, ensuring controlled management of YNG supply and price stability over time.

The coordinated implementation of these mechanisms is designed to ensure stable YNG liquidity, promote organic community growth, and support the ecosystem’s evolution. Our model is built around Club membership growth, retention rates, and market dynamics, which we will continuously monitor. Adjustments to rewards and stabilisation mechanisms will be made to maintain economic stability.

Roadmap to the Decentralised Market

Before delving into our roadmap, let’s take a moment to reflect on what we’ve achieved since Young Platform’s founding in 2018. Over the years, we’ve built a robust ecosystem for YNG, navigating regulatory challenges, earning our community’s trust, and setting the stage for a sustainable decentralised market. Each phase has been part of a well-defined strategy designed to stabilise the token, drive platform growth, and deliver real value to our users.

Phase 1: YNG Airdrop

Completed in June 2022, this phase marked the beginning of Young Platform products and the buy-sell availability of YNG at a fixed price of €0.24. The goal was establishing a stable foundation for YNG, adhering to regulatory requirements and building a solid platform for subsequent developments.

Phase 2: Community Market Pair

Currently underway, this phase introduced a proprietary Automated Market Maker (AMM), enabling the community to participate directly in a controlled and stable market environment. This phase has absorbed initial token sales and monitored user behaviour, creating a foundation for sustainable market management.

Phase 3: Engage to earn and decentralised transition

Scheduled for early 2025, Phase 3 will bring YNG into the decentralised market. This transition will coincide with the launch of our new reward structure, designed to incentivise user engagement and deepen community interaction.

Preparations for Decentralised Launch

To support Phase 3, we’ve outlined a series of preparatory steps to guide YNG into the decentralised market between Q4 2024 and Q1 2025:

• Pre-TGE Buyback: This phase involves purchasing YNG tokens “on the market” to rebalance existing liquidity pools. The aim is to establish a strong price foundation for YNG before the official decentralised market launch. To simplify communication, we’re referring to the end of this launch campaign as the TGE (Token Generation Event) within our operational plan.
• Private Sale: Select YNG tokens will be offered to venture capitalists, attracting strategic investors to support the project’s growth. Funds will bolster the treasury, finance development initiatives, and support buyback programmes. Private Sale participants will receive tokens on a structured vesting schedule over four years.
• Suspension of YNG Trading on Young Platform and IDO Preparation: Before the IDO, YNG on Young Platform trading will be temporarily paused to facilitate a smooth transition to the decentralised market. During this stage, the IDO reference price will also be established.
• IDO Sale: A portion of YNG tokens will be distributed through an IDO platform to increase the project’s visibility in the retail decentralised market. Funds raised will support liquidity management, contributing to token stability.
• TGE and Decentralised Market Launch: This final stage will involve creating liquidity pools for YNG using decentralised protocols. Existing centralised pools will be migrated, and liquidity will be enhanced with funds raised in prior stages to ensure a strong foundation at launch. This step will consolidate YNG’s presence in the market, encouraging sustainable growth and greater accessibility.

That’s all for now—stay tuned on our channels!

The services offered, and the YNG token are and will remain available in compliance with applicable regulations, particularly the Markets in Crypto-Assets (MiCA) framework. We are committed to ensuring that every aspect of the project aligns with regulatory requirements, fostering a transparent and responsible approach towards our community and investors. Additionally, the company reserves the right to modify the services and YNG token features outlined in this document in response to regulatory developments and/or market conditions. Any updates will be communicated promptly to keep all users informed.

Let’s summarise the Q2 2024 YNG token report. What happened in this news-packed quarter? What are the following steps to be taken?

What happened in the last quarter? What were all the targets achieved in Q2 2024? How many tokens were issued, bought and sold, and what are the next steps? A complete overview in this report, compiled in July 2024.

The numbers of Young Platform Clubs in Q1 2024

YNG is Young Platform’s utility token, which grants access to Clubs the subscription plans that offer exclusive benefits dedicated to our biggest supporters. 

The clubs currently consist of 1,699 people, divided into: 

• 1256 for the Bronze Club
• 195 for the Silver Club
• 123 for the Gold Club 
• 125 for the Platinum Club

To join a Club, a certain amount of YNG must be blocked on the Young Platform exchange. Therefore, the number of registered members is essential for analysing the distribution of the token, especially since the more people join a Club, the lower the selling pressure on YNG will be. The main consequence? A more stable price of YNG.

If we compare these figures with those of the past, Q2 2024 was flat from the point of view of Young Platform Club adoption. At the end of Q1 2024, there were 1,687 members, divided into:

• 1238 for the Bronze Club
• 199 for the Silver Club
• 122 for the Gold Club 
• 128 for the Platinum Club

As a result, club membership has remained virtually the same, with a weak growth rate of around 0.7%. However, given the market performance of the past months, we can be quite optimistic for the near future. Despite the general bearish movement, which, as anticipated, also affected YNG, the number of members in the Clubs has, albeit slightly, grown.

Distribution of the YNG token

The number of YNG in circulation in April was about 23.5 million. The circulating supply in July was about 23.6 million, meaning a net increase of about 78,449 tokens or 0.33%. 

These tokens were distributed via the Young Platform Step app in different ways: 

• 19,473 through the completion of Quizzes, Challenges and Up&Down (before the implementation of the levels).
• 58,975 through the completion of the Levels.

The YNG token market is managed via an algorithm defining the exchange rate through two underlying liquidity pools, EUR and YNG. At launch in May 2022, these pools contained:

• 1 million
• 4 million YNG

Considering the sales and purchases of tokens handled in recent months, as of July 2024, the pools contain:

• 669,000 Euro
• 6.32 million YNG

This configuration is the result of purchases and sales during the third quarter, summarised below together with the price trend:

YNG’s emissions in 2023

What happened during the second quarter of 2024 from the point of view of tokenomics? How the token is issued changed last year after the 3.0 Step update. Now that a bit of history is available let us see how the introduction of XPs aimed at limiting YNG inflation has affected it.

As can be seen from the graph, thanks to the latest Step update, we were able to severely limit the distribution of YNG. The issuance of new tokens was reduced by 95%, and a reduction in active users also caused this effect.

The price of YNG

In terms of price action, the second quarter of 2024 was in line with the crypto market’s performance. 

The YNG token in the first quarter of 2024, also thanks to the launch of the new Smart Trades feature, rose from the €0.10 level to the €0.13 level. In the following months, however, thanks to the retracement of most cryptocurrencies on the market, it returned to support in the €0.10 area. However, from the beginning of July onwards, it seems to have regained some strength.

The main catalyst that could bring YNG back to the vicinity of the resistance that rejected it during April is the launch of the decentralised market, scheduled for the coming months. The following paragraphs provide all the details on this issue.

Targets achieved in the second quarter of 2024 

During Q2 2024, we mainly focused on taxation, mainly because the deadline for declaring cryptocurrencies was 30 June 2024. In addition, we carried out all the necessary activities to comply with the European crypto regulation, Market in Crypto Assets (MiCA), which partially came into force at the end of June. This report is an excellent excuse to summarise the work done over the last three months. Let’s look in detail first at all the steps taken in 2024 to increase the attractiveness of our YNG token.

The Fees and Reports Functionality

The central topic of Q2 2024 was the crypto declaration. Compared to previous years, mainly due to the Agenzia delle Entrate, circular 30E and the Italian Legge di Bilancio  for 2023, the obligation to declare one’s crypto was explicitly highlighted. Mainly due to two issues, as the documents mentioned above state:

• Meet regulatory requirements for combating money laundering and terrorist financing.
• Determine the taxes due based on the potential income generated.  

How did we enable our users to comply with the latest regulations as easily and intuitively as possible? Above all, how have we tried to make our YNG token more central, also regarding this issue?

The flagship feature, revamped from 2023, is the Tax Report. This time, however, it has been placed within a larger section, which we have decided to call ‘Taxes and Reports‘, built to become the only medicine needed against the declaration ‘headache’, and consists of these services:

• The Young Platform Tax Report was updated for the 2024 declaration – valid for the income declaration in Italy.
• The Tax Report Integrated with Okipo (exchange, wallet and third blockchain) – valid for the declaration of income in Italy.
• The Young Platform Transaction Report
• Stamp duty 
• The consultancy service with our accountants – valid service for the declaration of income in Italy.

To ensure the best possible experience for members of the Young Platform Clubs, populated by our most loyal supporters, we applied graduated discounts for each service in the ‘Fees & Reports’ section.

The following discounts have been applied to the
Tax Report, consisting of a practical PDF with a clear and simple outline of all the cryptos you own and the data you need to fill in your tax return, including the facsimiles of Form RW and Form RT, compared to the starting price of €29

•  Club Bronze: 10%.
•  Club Silver: 20%.
•  Club Gold: 40%.
•  Platinum Club: 80%.

The same percentages were also applied to Okipo’s Integrated Report. This document is designed for Young Platform users who also use other exchanges, own NFTs, have cryptocurrencies on DeFi platforms or simply store their crypto-assets on wallets outside of Young Platform:

• Club Bronze: €54 (instead of €229 per fiscal year).
• Club Silver: €49 (instead of €229 per fiscal year).
• Club Gold: €44 (instead of €229 per fiscal year).
• Platinum Club: €39 (instead of €229 per fiscal year).

Listing of the Young Token (YNG)

Some of the most interesting news, as far as the last quarter is concerned, concerns our YNG token. In contrast to what we wrote in the previous report, where we assumed that we would start trading on decentralised exchanges by the end of the third quarter of 2024, the set-up has changed slightly. 

First of all, we have decided to place this activity within the evolution process of our products, the main points of which you will find at the end of this Report. In addition, we intend to include, before the opening of the Liquidity Pools, two sales phases (one private and one public). There are three main reasons for this decision: 

• strengthen YNG’s liquidity;
• increase the budget to support the project (to be allocated mainly to development and marketing in order to achieve the ambitious internal goals we have set ourselves);
• maximize interest around the event: in this way, we expect to be able to reach a wider audience of crypto users who are active in the decentralised market but are not yet familiar with our ecosystem.

In any case, the work that will allow us to expand into the decentralised market has officially begun, after the company’s management approved the operational plan. This foresees YNG landing on the decentralised exchange (DEX) by the end of 2024. 

In addition, we have started to dialogue with several decentralised blockchain protocols, specifically some Layer 2s of Ethereum. This activity has several objectives. First of all, it aims to identify the ecosystem that best matches our principles and values since we want to open the pools on at least one other blockchain besides Ethereum, where the deployment of YNG took place. We also need to define, together with the stakeholders, the incentive programme for those who will use our token. 

In the first few days after the ‘green light’, we worked on the necessary documentation to tackle the next steps, which we will present to the Platinum Channel members of our Discord server in the coming weeks. If you are a club member but are not yet in the dedicated channel, join and check your mail. You should have received a form!

As already mentioned, work on the ‘token project’ is being carried out in a manner consistent with that on the corporate roadmap, as we intend to make YNG increasingly central within our ecosystem. As was already the case with the Smart Trades feature, in fact, each new feature will introduce new benefits for club members, incentivising users who are not members to join.

Discord Leaderboard

The first round of prizes for Discord users is on its way! These days, we are collecting all the necessary data to send out the prizes at the beginning of September.

If you are registered on Young Platform, you should have received a notice about it. For those who don’t know what it is, it is the Young Platform community’s common space where you can exchange opinions and thoughts about your journey in the crypto world.

OK, but what is the communication for? Within the server, there is a leaderboard in which members are ranked according to the XP (experience points) they have earned through their activity. In order to reward the most active members, however, we need to link their username to their Young Platform account. If you are not yet part of this exciting group, you have to join! After all, an adventure becomes much more exciting when shared.

Access Young Platform

News on the way!

Now ‘comes the good stuff’ and even some spoilers. 

As anticipated, during the second quarter of 2024, we focused a lot on the fiscal and regulatory aspects of our industry, given the various deadlines that were looming. At the same time, however, we were also able to plan for the future, setting new and ambitious goals for the coming ones. Check out the main ones.

Staking, we’re almost there!

At the end of June, the European Securities and Markets Authority (ESMA), the body that regulates financial markets and instruments for the European Union, commented on this issue by publishing a Q&A on its official website. One of the questions in the document concerned staking, specifically whether or not MiCA prohibits such activity. ESMA’s answer was quite clear: MICA does not prohibit staking and does not assume that a licence is required to offer it, provided that those providing the service, the so-called crypto-asset service providers (CASPs), act in a manner compliant with the regulations and are liable to their clients for any loss of crypto-assets attributable to them.

For this reason, we immediately set to work on integrating this service along with the ever-present benefits for our Club members, due out by the end of Q3 2024. 

Join a Club!

Account & Card

As many of you may have noticed, we are gathering your feedback and opinions through a form and one-to-one interviews to decide our next big innovation. Your ideas are crucial in shaping our future.

We have something special in the works, a project that has been part of our plans for a long time. Recently, we decided to take it up again, thanks to new opportunities that allow us to think big.

Imagine a novelty that allows you to combine the best of traditional and digital worlds, a feature that does not merely offer a simple tool but aims to transform your daily experience into something revolutionary. We want to differentiate ourselves from our competitors and create something unique, not just an accessory but a valid extension of our ecosystem.

We aim to launch this novelty by the end of the first quarter 2025. We are working on various ideas to reward our Club members and further enhance the YNG token, perhaps with incentives to increase your engagement and rewards.

Sign up to Young Platform

Start now

One of the community’s most requested features has arrived: the conversion of ‘Dust’ into YNG tokens! 

You know when, after a sale, you are left with a few cents of a cryptocurrency, which you will probably never buy again? 

Doesn’t it bother you, every time you scroll through your wallet and see a microscopic balance, those pennies you can never sell? 

It’s finally time to get rid of them!

From today, those forsaken cents find a utility: you can convert them into YNG tokens with the new Dust feature.

How does it work?

You can convert all cryptocurrencies available on the exchange into YNG. This means that a cryptocurrency is only compatible with the Dust function if you can buy and sell it normally. Consequently, cryptos listed only to support airdrops and delisted cryptos are excluded.

Converting Dust is very easy (and also quite satisfying):

• Go to the Wallet section of the app or website
• Click on the button ‘Turn small balances into YNG’.
• Select the cryptocurrencies you want to convert
• Click on ‘Convert’ to complete the procedure and receive YNG.

We know you can’t wait: tidy up your wallet and collect YNG!

Sign up to Young Platform!

Get started

The third quarter YNG Token report, with an in-depth look at Clubs and the latest news coming soon!

What happened in the last quarter? How many tokens have been issued, bought and sold, what goals have we achieved and what are the next steps? You can find a complete overview in this report, compiled in October 2023.

The numbers of Young Platform Clubs

YNG is Young Platform’s utility token and grants access to Clubs: the subscription plans that offer exclusive benefits dedicated to our biggest supporters. 

The Clubs, at the moment, consist of 1400 people, divided into: 

• 1031 for the Bronze Club;
• 167 for the Silver Club;
• 121 for the Gold Club; 
• 81 for the Platinum Club.

To join a Club, a certain amount of YNG must be blocked on the Young Platform exchange. The number of registered members is therefore important for analysing the distribution of the token, especially since the more people join a Club, the lower the selling pressure on YNG will be. What is the main consequence? A greater stability of the price of YNG. Since the last report, Club members have decreased by 9% but Platinum members have increased by 11%.

Distribution of the YNG token

The number of YNG in circulation at the end of June was about 22.7 million. The circulating supply at the beginning of October was about 23.1 million, which means that there was a net increase of about 400,000 tokens, or 1.7%. 

These tokens were distributed via the Young Platform Step app in different ways: 

• 76,049 through the completion of Quizzes, Quests and Up&Down (prior to the implementation of the levels);
• 331,830 through the completion of the Levels.

The YNG token market is run through an algorithm that defines the exchange rate by means of two underlying liquidity pools in EUR and YNG respectively. Initially, these pools contained:

• 1M Euro;
• 4M YNG.

Considering the token sales and purchases handled in the past months, as of October 2023, the pools contain:

• 771K Euro;
• 5.43M YNG.

This configuration is the result of purchases and sales during the third quarter, summarised below together with the price trend:

Goals achieved and next steps

During Q3 2023, we achieved a large number of goals and released as many new features. First of all, we successfully launched and concluded buyback operations, which, together with a modest amount of purchase volume, breathed new life into the Young token (YNG). In addition, our dedicated business services and the tax advice section of the site with expert accountants arrived. 

The community section also saw big news! Two new channels were opened: Telegram and WhatsApp, and activity on the Discord server increased. Finally, Club members can be, in part, satisfied; thanks to new benefits in the form of vouchers issued. Here are all the goals achieved during this quarter and the challenges that lie ahead for the next one.

Buyback

The buy-back operations were successfully completed. We purchased a total of €62,000 of tokens through spot trades and then supported the price through limit orders. Young’s (YNG) price increased by 15% from the beginning of July and by 40% from the February lows.

Listing

We are still considering listing the Young token (YNG) on other exchanges. We are currently in negotiations with several centralised exchanges but are also considering opening up to the decentralised market (DEX).

Token tracking (CoinMarketCap and CoinGecko)

The weekly reminders sent to CoinMarketCap and Coingecko have, unfortunately, not produced any more results than those achieved in Q2 2022. We are currently listed as an exchange on CoinMarketCap, while the YNG token appears on CoinGecko, although, for the time being, no exchange volumes are available for both pages. The situation will probably unblock, at least as far as the token is concerned, when we list on another exchange.

Small balances

Spoilers! 

By popular demand, a new feature is coming soon, allowing you to convert small crypto balances into Young tokens. This way you can give new life to small amounts of cryptocurrency that you would not use.

Multi Network

This function, although it may seem secondary to some, is very important. Especially for those who intend to geek out with DeFi’s decentralised applications. It will soon be possible to deposit and withdraw Ethereum, USDT and USDC, also via the Arbitrum, Optimism and BSC networks. In this way you will be able to make the most of the opportunities offered by Web3 with very low deposit and withdrawal costs.

In the coming weeks, the Polygon zkEVM and Base networks, Layer 2, developed by Coinbase, will also arrive.

Telegram

We have launched a new Telegram channel! The main objective is to try to counteract the many attempts to defraud our users. In the current group, which is still open but will be permanently closed in a few weeks, malicious actors can view the phone numbers of members who have not specified within the app to be hidden and contact them privately. 

Join our Telegram channel!

Young Platform’s new Telegram channel solves this problem. It is to all intents and purposes a channel (and not a group where the admins are the only ones who can post) and therefore the username and phone number of all members is blacked out.

WhatsApp

We then also ventured into WhatsApp, which introduced Communities. These are larger and more customisable discussion groups than those used to communicate with friends or family. The Young Platform WhatsApp group will, for now, serve the same purpose as the Telegram channel. One more way to learn about all the news concerning our ecosystem and the crypto world.

Discord

Discord is the main place dedicated to our community, featuring a leaderboard where server members are ranked according to the XP (experience points) they possess. This will be used to reward the most active users of the server, those who are most committed to growing our ecosystem. During the quarter just ended, we prioritised other initiatives, but presumably some of the rewards in store for the community will come during this quarter. 

We have also created the channel reserved for our biggest supporters, the Platinum Club members, and we are working on creating those for other Club members as well.

Explore our Discord server

X

Twitter has changed its name, but still remains the main venue for promoting the YNG token. We have, to some extent, strengthened our collaboration with prominent members of the industry, who already support us, and we plan to enter into more. Unfortunately, it has not been possible so far to implement an automatic reward system (via the connection between X and Discord) due to the new policies of Elon Musk’s social network.

On our X profile we post daily content and memes, if you don’t follow us yet you should definitely do so!

Follow us on X

Fiscal Report

In May, we introduced for Italy and France one of the features we are most proud of. We are talking about the ‘Fiscal Report’, a document that simplifies filing crypto taxes, making it available for download in Pdf format. The Fiscal Report was developed in collaboration with Taxtris and is the first service of its kind offered by an Italian exchange. Please note that the Fiscal Report is discounted for Silver and Gold Club members, and free for Platinum Club members.

Vouchers and Benefits for Clubs

More amazing benefits for Clubs in the form of vouchers arrived in the third quarter of 2023, but this is no time to rest on our laurels. After We Road, a partnership with another famous brand is on the way this week. The theme of the collaboration is privacy, a concept very dear to us; but no more spoilers, at least for now!

Business services

Young Platform’s business services also opened up recently. In recent years, companies are beginning to understand how crypto is key to make their business competitive and scalable, while completing the long needed digital transition.

News on the way!

Finally, two more huge innovations await us in the coming weeks. The first is Young Platform Step, which will see the launch of a brand new education section that will allow users to get YNG in new ways. The second has to do with our exchange, where a feature never seen before in Italy is on the way.

A warm greeting from the Young Platform Team

The report for the second quarter of the YNG token, featuring an in-depth look at the Clubs and the latest news!

In June, the Young (YNG) token celebrated its first anniversary. What happened in the last quarter? How many tokens were issued, bought, and sold? What goals have we achieved, and what are the next steps? You can find a comprehensive overview in this report, prepared in early July 2023.

Numbers of Young Platform Clubs

YNG is Young Platform’s utility token, granting access to the Clubs: subscription plans offering exclusive benefits to our most dedicated supporters.

Currently, the Clubs include 1525 people overall, distributed as follows:

• 1099 in the Bronze Club;
• 220 in the Silver Club;
• 133 in the Gold Club;
• 73 in the Platinum Club.

To join a Club, it is necessary to lock a certain amount of YNG on the Young Platform exchange. For this reason, the number of members provides relevant data regarding the token distribution. In other words, the more people join a Club, the lower the selling pressure on YNG, as a greater quantity of tokens is locked. What is the main consequence? Greater price stability for YNG. Compared to the last report, Club membership has grown by 12%.

Distribution of the YNG Token

The number of YNG tokens in circulation at the end of March was approximately 22 million. The circulating supply at the beginning of July amounts to around 22.7 million, indicating a net increase of about 700,000 tokens, or 3.1%. 

These tokens have been distributed through the Young Platform Step app in various ways:

• 15,840 through Quizzes won;
• 400,157 through completed Quests;
• 270,250 through Up&Downs won.

The YNG token market is managed through an algorithm that determines the exchange rate using two underlying liquidity pools, one in EUR and one in YNG. Initially, these pools contained:

• 1 million Euros;
• 4 million YNG.

Considering the token sales and purchases managed in previous months, the pools contained the following at the beginning of July 2023:

• 695.3K Euros;
• 6.01 million YNG.

This configuration is the result of purchases and sales made during the first quarter, summarized below along with the price trend:

Achieved Goals and Next Steps

We have accomplished numerous goals in this second quarter. We released the Fiscal Report in Italy, a tool that greatly simplifies the tax declaration of crypto assets. The new version of Step has arrived, and we have resumed listing other cryptocurrencies on our exchange. Additionally, we have completely revamped our Discord server and are about to release new benefits in the form of coupons. The spoilers end here; discover in detail all the goals we have achieved during this quarter and what lies ahead in the next.

Discord

Our Discord server was initially created primarily as an assistance channel, but given the tremendous potential of the platform, we have decided to completely restructure it. For a few weeks now, the Young Platform Discord server has been dedicated to our community. The keywords of the new version are simplicity, discussion, and gamification.

Users who are already on the server may have noticed the presence of a leaderboard, ranking server members based on their XP (experience points).

To earn experience points, for now, you can:

• Participate in conversations;
• Assist other users;
• Post memes on the dedicated channel;
• Guess the survey answers.

But we have many other ways in store to earn XP, including:

• Winning meme contests or quizzes;
• Interacting with our social media content;
• Inviting friends to join the server.

Now, let’s get to the most interesting part and answer the main question: what is the purpose of this ranking? We will use the leaderboard to reward the most active users of the server, those who are most committed to growing our ecosystem.

Some of the rewards that may arrive during this quarter include:

• YNG Airdrop;
• One month of free Club membership;
• Exclusive merchandise.

But the surprises don’t end there! We are creating an exclusive Discord role for Club Platinum members. In case you are unfamiliar with it, the role is like a pass that allows access to normally invisible sections. Thanks to this status, you can use the dedicated channel to communicate directly with our team and other major supporters of Young Platform.

Twitter

Twitter will become the primary social platform for promoting the YNG token. It will be the place where we strengthen collaboration with prominent industry members who already support us and establish new collaborations. Additionally, we are implementing an automatic reward system (connecting Twitter and Discord) to reward users who help us grow on the platform.

We post daily content and memes on our Twitter profile. Don’t forget to follow us!

Buyback

Buyback operations to incentivise the YNG token exchange will begin next week! Two different types of interventions will be executed. The first will be a “one-shot” repurchase operation aimed at balancing the amount of EUR allocated to the pool. The second is a mixed operation involving periodic token repurchases.

Through the first buyback, which will last four weeks, four weekly purchases of €15,500 will be made, totalling €62,000. Immediately after, we will place a limit order to use the remaining half. We have planned this type of buyback to support the price achieved through the first purchase and avoid the pump and dump phenomenon. If, at the end of the week, the limit order is not completed 100%, we will market buy the remaining token portion to complete the operation.

A portion of the tokens repurchased will be used to finance campaigns aimed primarily at rewarding the community and its most active members.

Fiscal Report 

In May, we introduced the “Fiscal Report” feature for Italy, which simplifies the declaration of capital gains and losses by providing the document for tax filing in PDF format. The Fiscal Report was developed in collaboration with Taxtris.

The New Version of Step

The release of the new version of Step, which we have been working on since last year, is closely tied to the future of our token. This update, through new token issuance methods, will gradually reduce the selling pressure on YNG, which is already much milder compared to the post-launch period.

Airdrops & Coupons

In the third quarter of 2023, other incredible benefits will be available to Club members in the form of coupons. The announcement of the first collaboration is imminent (presumably next week), so follow our blog and social channels.

Another goal we have is the redistribution of Young tokens repurchased through the Buyback. This will also be achieved through airdrops designed to reward members of our community.

Token tracking (CoinMarketCap and CoinGecko)

In this quarter, we have continued to prompt CoinMarketCap and CoinGecko every week. This activity has yielded some results, although to a lesser extent than expected. We are currently listed as an exchange on CoinMarketCap, while the YNG token appears on CoinGecko, although trade volumes are not available for both pages at the moment. We are in contact with the respective teams and believe it will be possible to complete this activity by the end of this quarter.

YNG Listing

Thanks to the initiatives that have allowed us to mitigate selling pressure, we are evaluating listing our token on other exchanges. As mentioned in the previous report, we have engaged with several centralized exchanges. However, we do not expect to conclude this activity before the end of the quarter because we are simultaneously considering entering the decentralised market (DEX).

Earning Wallet

The Product team is working on the new version of the “Earning Wallet” feature, as The Product team is working on the new version of the “Earning Wallet” feature, as previously mentioned in our last report. Our goal is to provide a decentralised solution so that we can manage the service without the help of intermediaries or external providers. The technology solution to be integrated has already been identified; however, the implementation timeline is dependent on the outcome of regulatory bodies, namely the AdE (Italian Revenue Agency), which evaluates the tax and regulatory aspects, and the CONSOB (Italian National Commission for Companies and the Stock Exchange), responsible for implementing the Fintech decree.

Warm regards from the Young Platform Team

A retrospective on the start of the year for the YNG token, with an in-depth look at Clubs and the latest news

Let’s take stock of the Young (YNG) token distribution, sales and use cases nine months after its market launch. In this report compiled at the beginning of April 2023, you can find an overview of the clubs, the token’s up-to-date distribution in the first months of the year, and the project’s future goals. 

Participation in Clubs

The YNG token is Young Platform’s utility token whose main use case is to grant access to Clubs: subscription plans that offer exclusive benefits within the exchange. 

Currently, 1343 people participate in the Clubs, divided into: 

• 976 for the Bronze club;
• 196 for the Silver club;
• 112 for the Gold club;
• 59 for the Platinum Club.

To join a Club it is necessary to lock a certain amount of YNG into it, which is why the number of registered members gives us a relevant figure on the distribution of the token: the more YNG are locked (for a minimum of 90 days) in the Clubs, the less it will be sold, and consequently its market price will be sustained. Compared to the last report, the recorded growth of Clubs is +10.6%.

Distribution of the YNG token

The number of tokens in circulation at the end of January was 20.5M. The number of tokens in circulation at the end of March was about 22M, which means that there was a net increase of 1.5M tokens, or 7.3%. 

These tokens were distributed via the Young Platform Step app in different ways: 

• 13,910.9 through the completion of Quizzes by 28,239 users;
• 1,299,439.24 through the winning of Challenges by 82,702 users;
• 243,275.65 through the use of the Up&Down function by 72,840 users.

The YNG token market is run through an algorithm that defines the exchange rate by means of two underlying liquidity pools, in EUR and YNG respectively. Initially, these pools contained:

• 1M Euro;
• 4M YNG.

Considering the sales and purchases of tokens handled in recent months, the pools contained at the end of March 2023:

• 677.3k Euro;
• 6.17M YNG.

This configuration is the result of purchases and sales during the first quarter, summarised in the table below together with the price trend:

Future Objectives

During this first quarter we released some features anticipated in the previous report, such as free deposits for clubs and the market report.

Other projects, however, are in development: here are the updates. 

Airdrop & Voucher

We have officially launched the second coupon distribution campaign, as already anticipated in our last report. The promoter chosen for this initiative is Freename, a cutting-edge platform that allows you to create, buy and sell NFT and TLD domains. As with the previous campaign, we distributed coupons that can be used on the aforementioned platform to all Club members. We are confident that this partnership will help us offer our members the chance to discover new opportunities and make the most of blockchain technologies. 

The next quarter will be devoted to planning the next coupon distribution campaign, which we hope to announce soon. We continue to work hard to offer our members access to unique services and promotions to enrich the Club experience and keep their satisfaction levels high.

Token tracking (CoinMarketCap and CoinGecko)

Currently, we are still waiting for a response from CoinMarketCap and CoinGecko for our submission, which is still under evaluation. In the meantime, we are focusing our internal efforts on improving our token information tracking page.

Earning Wallet

The product team is working on the new version of the ‘Earning wallet’ functionality, as already mentioned in our last report. We are devoting special attention to the legal aspects, and if the assessments bring a positive outcome, we expect to release the functionality by the end of this quarter.

Buyback

During the first quarter of this year, we structured buyback operations to boost the exchange and volumes of the YNG token. Specifically, we identified two types of operations to be executed. The first is a “one-shot” buyback operation aimed at rebalancing the amount of EUR allocated to the pool compared to the amount present at the beginning of the year. The second is a mixed operation involving the periodic repurchase of tokens and/or the ‘Burn’ of it.

Specifically, the first model proposal confirmed by the company’s management takes the monthly buying and selling volumes and derives the delta. If the delta (Buying Volume – Selling Volume) is positive, it is proposed to buy through EUR a sum of YNG tokens. Conversely, if the delta is negative, it is proposed to ‘burn’ a sum of YNG tokens. In summary, the plan presented aims to stimulate the exchange and volumes of the YNG token in order to improve its overall performance. These operations will be presented and executed during this quarter and will be communicated on this Blog with the various details. 

Club Section of Discord

We are making progress in structuring our server to allow Club subscribers access to a confidential Q&A channel with our team. We are confident that we will be able to test a first version during this quarter. 

Join a Club!

Get started