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#Blockchain All projects

Yezcoin: Secure crypto exchange

Combines the speed of a centralized exchange with the world class security of a decentralized exchange

stage Ended crowdsale

3.1 Rating

by 5 users


    KPLs

    • Employees30

    Team

    19
    man Mongkol Thitithamasak

    Founder, Chief Scientist

    Master Degree in Computer Science from Queens College NY, specializing AI (machine learning), system design and automation. Over 20 years of finance and information technology experience with last 10 years at the United Nations as Finance/IT Specialist.

    man Rocky Panjwani

    Infrastructure & Security Architect

    Co-Founder/CEO at Ziggle Tech, Inc and Founder/CEO at Tekcentrik. Over 18 years of infrastructure and security. Rocky brings intensive experiences in Enterprise Portal, Cloud Infrastructure and development, Blockchain development, Integration and Implementations on various platforms. Including 5 years as Network Infrastructure/Security Engineer/Project Manager at the United Nations managing and monitoring Security policies, firewall setup and configuration. He also managed Global IT Infrastructures in China, Thailand, Haiti, Switzerland, Jamaica, South Africa, Panama, Congo, Nepal, Fiji, Istanbul

    man James Anthony Wolff

    General Counsel

    Mr. Wolff received his undergraduate degree from Johns Hopkins University and his Juris Doctorate from New York Law School. His corporate portfolio includes co-founder of Deep Space Industries, an asteroid mining and space utilities company based at NASA Ames Space Center, C.E.O. of D-shape Enterprises, a mega-scale stone and regolith construction 3D printing technology, and co-C.E.O of Food by Print, a food 3D printing company. Mr. Wolff has between 15 and 20 companies in his corporate portfolio from mobile phone apps to VTOL commercial startups. He is an Executive board member at-large for the United Nations Association, serving on the Southern District Division of New York committee.

    man Vernon Gibbs

    Co Founder , Business Development

    Has a separate company that has a license, in perpetuity, with Microsoft for the global educational market. License for a form of facial recognition. Original application used by Chinese company Talkweb to help launch the messaging revolution in Asia. Original application retired but Tech subsequently included in Face SDK, now part of Microsoft Cognitive Services on the Azure platform. Facial recognition will be one of the biometric services offered by Yezcoin.

    man Sukit Sawathsangoon

    Senior Engineer

    PhD in Industrial Engineering from Kasetsart University, specializing in System Communications, especially P2P technology. Over 10 years in Telecom Technology as Engineer Specialist and Manager at True Telecommunication.


    Advisors

    11
    man Navin Singh

    Senior System Engineer/Architect

    Master Degree in Computer Science and Harvard Business School. Over 20 years working as a Lead Software Developer in India and the US, including last 10 years as a Senior Information Communication Lead at the UNFPA.

    man Andrew Tse

    Member of the Yezcoin Advisory Team

    He had 17 years of Wall street technical and management experience. He was a senior network infrastructure operation manager in the largest clearing & settlement house in Wall Street and in the world. He was an Associate network administrator in New York State Supreme courts for some years. Active investor, strategic advisor in the area of blockchain, crypto and crypto mining. Active investor and management in real estate area.

    man Tyler Tseng

    Computer System Manager

    Computer System Manager, Department of Health and Mental Hygiene New York City. Over 20 years of experience in software development. Former Computer Science professor specializing in cutting edge Web technology.

    man Jimmy Chue

    Member of the Yezcoin Advisory Team

    Chairman of Chinese Minority for Republican Party and Vice President of NY Real Estate Association. Jimmy Chue is one of the most highly experienced and recognized business and political operator in New York. With twenty-five years on Wall Street, and approximately four decades as a high-level political campaigner and community service, his resume is unmatched. His position as Asian Outreach Chairman for Trump presidential election campaign speaks volume of his political savvy and power connections. In essence if you need to achieve major accomplishments in the business or political worlds.

    man Tonwong Abhiradee

    Managing Directors of Media/Green Energy companies

    Bachelor and Master Degrees in Economics from Queensland Australia. Over 17 years as former Analyst at Goldman Sachs (Tokyo), Tax Consultant at Andersen (Tokyo), KPMG (Tokyo) and Stern Stewart. Managing Director at Green Trend Energy Management Co., Ltd., an energy savings business targeting factories in Thailand by providing Solar Roof solutions & Harmonic Distortion reducer. Also Managing Director at Chosen Marketing Co.,Ltd. (Media company providing VDO contents, photography, and aerial photography.





    Crowdsale details

    Distribution of tokens
    • Crowdsale (60%)
    • Strategic Partner (10%)
    • Reserve for Team Members (15%)
    • Reserve for R&D (15%)
    Budget allocation
    • IT development (30%)
    • Marketing & sales (20%)
    • Acquisitions (15%)
    • International expansion (10%)
    • Admin & operations (10%)
    • Regulations compliance (5%)
    • Legal (5%)
    • Business transformation (5%)
    Details Indicators
    Pre-crowdsale Start September 1st, 00:00 GMT+03:00
    Pre-crowdsale End September 30th, 00:00 GMT+03:00
    Crowdsale Start October 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or October 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $100000000
    Domain owner Individual

    Cost of the token

    1 token for 0.2 $

    Price without discounts

    Discounts and Bonuses

    Pre-crowdsale
    Discount Dates Minimum purchase amount
    50% September 01 — 30, 2018

    Accepted currency

    • Bitcoin
    • Ethereum
    • Other


    Rate the project

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    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

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    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

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    Summary rate the project

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    Rate the project by other users

    5
    William Anderson August 30, 2018
    Rating of project
    2.3

    Advantages

    Attention will be drawn towards the project through the associated media channels this will be a significant move to bring the various investors to get involved in the project. The international expansion will be a factor to expound on so as to build a substantial and reliable market.

    Risks and disadvantages

    The description in the project roadmap is not satisfying because of the shortage of detailed explanations to be carried out during its establishment, this is most likely going to affect the future development that is expected of the project.

    Comments

    In the arena of events evolved around the projects creation and its inception in the market the desired results might not be obtained os a silver platter and the teams work will play a big roll in ensuring the achievement of various goals.

    Jordan Semanda August 26, 2018
    Rating of project
    2.7

    Advantages

    Apress team has been associated with this particular project and at the look of things it will provide an outstanding and remarkable job towards building the image of the team and the investors which will also create awareness and its credibility amongst the potential investors. The budget caters for possible necessities needed for the existence of the project this is a positive step forward to showing the proper organisation of the team.

    Risks and disadvantages

    The wonders that can come out of social media are immense and thi projects PR team hasn't taken a handle of that because the number of people involved with some of these platforms for example twitter are quite few and the purpose for which such sites were created might not be achieved.

    Comments

    The road map is to be executed in a very short time and therefore the investors should be very mindful if all the possible things to be done have been taken care of or have been accounted for because however much quick implementation of the road map is necessary in case of a shady quick action plan this might heavily affect the project i the future.

    Anne Bryn August 25, 2018
    Rating of project
    3.5

    Advantages

    Paying services with Yezcoin will be advantageous, because commission fees will be deducted. There are many publications and mentions in press. The project's partners are mentioned on the website.

    Risks and disadvantages

    Strategic partners own 10% of tokens, while this number is not subject to a vesting schedule.

    Comments

    The startup doesn't have a clear marketing plan, while there are so many successful competitors on the market. But it has a strong team, I'm sure they can provide more information about platform's advantages. Creating successful strategies will take time, but it is impossible to succeed without having one.

    Sofia Medda August 23, 2018
    Rating of project
    3.2

    Advantages

    Token holders will have discounts from partner stores. Customer services will be available 24/7. The project has a reliable team, there are many experienced specialists.

    Risks and disadvantages

    50% of tokens allocated to crowdsale will be offered during Pre-ICO stage at a discount 50%. Which means Pre-ICO contributors will have a possibility to play the market. Budget allocation should be explained in detail.

    Comments

    The project aims to create a hybrid exchange, which will be as fast as a centralized model and as secure as a decentralized one. Product's presentation is interesting, but description is not detailed enough. The roadmap could be much more informative.

    Denys Serhiichuk August 11, 2018
    Rating of project
    3.8

    Advantages

    The team has 3 major components: many founders, advisors and partners. There is precise information about all of them on the website. Thus, there are lots of social networks ( Medium, Twitter, Facebook, Youtube, Linkedin, Reddit, Telegram). Another pros is a chance to invest not just only with Ethereum, but with Bitcoin and other assets as well. There is a good motivation system in forms of Airdrop and bonuses for early investors.

    Risks and disadvantages

    There is no alpha or beta version, which is a drawback. Roadmap does not contains clear explanation of platform development.

    Comments

    As a whole, the idea of exchanger on blockchain is not new. There are many already functioning platform on the market. Idex is the vivid example of the decentralized exchanger. People can attract their attention to the project is the team releases MVP.


    FAQ

    FAQ

    What is Yezcoin?

    Yezcoin is a decentralized cryptocurrency exchange that combines the speed of a centralized exchange with the world class security of a decentralized exchange.

    We are dedicated to security and have tripled security measures by verifying traders with their biometric information and preventing them from sending their crypto to known scam artists and Internationally sanctioned addresses.

    What currencies can be used on the Yezcoin exchange?

    While Yezcoin is obtaining an Exchange license to allow us to accept Fiat currencies, Yezcoin can trade from cryptocurrencies issued on Bitcoin blockchain, Ethereum blockchain and NEO blockchain. Once Yezcoin has obtained the Exchange license, we will be able to trade Yezcoin with Fiat currencies.

    How can I purchase Yezcoin?

    At the moment Yezcoin can be obtained via the following methods:
    1) Join our partnership program - if you are a business. Businesses can use their marketing budgets to purchase Yezcoin and use Yezcoin to reward qualified purchases.
    2) Participate in our ICO starting Aug 1.
    Only users who completes KYC & AML registration can participate in our ICO. Please note that we only accept Bitcoin (BTC), Ethereum (ETH) and NEO for our pre-sale and crowdsale.
    3) In 2019 Q1, Yezcoin can also be purchased from Cryptocurrency Exchanges.

    To participate in Yezcoin ICO, investors who don't own any cryptocurrencies, need to follow below steps:
    1. Link your bank account to the licensed Cryptocurrency exchanges (take up to 7 days).
    2. Buy either BTC , ETH , or NEO for the amount that you plan to purchase Yezcoin
    3. Complete KYC & AML registration here and provide the address that the funds is coming from BTC address, ETH adress or NEO address.
    4. Create a purchase order.
    5. Receive a confirmation of a successful purchase.
    6. Receive Yezcoin in YezWallet.

    What are the uses of the Yezcoin?

    Yezcoin is also a utility token that can be used to deduct trading and blockchain usage fees, get discounts from our partner stores or to stake for the fee sharing entitlement. The utility of the Yezcoin will increase as we grow to build a strong, secure community.

    How is Yezcoin different?

    Yezcoin uses existing protocols to generate the next level of security for a sustainable platform built around artificial intelligence.

    This technology is designed to enhance trade efficiency and will evolve against both existing and developing threats.

    The current international regulatory climate is moving toward a standardized approach amid calls for regulation of ICO's as a security, advances which are welcomed by Yezcoin as we believe in compliance. In addition the physical security of our exchange is very important to us as we know centralized crypto exchanges are still at risk from hackers. We are dedicated to providing the most secure exchange available.

    Can the platform be used by other exchanges and ICO companies

    Yes, other exchanges and ICO companies are able to use Yezcoin services to verify users’ identities that comply with KYC and AML.

    Who are Yezcoin’s partners?

    hrough Partnership Program, Yezcoin has partnered with restaurants, Asian products import/export companies, Asian products wholesale distributors, Green energy consulting services, Legal Services, Recycle consulting services, US Media consulting services. We continue to expand our partnership to as we grow so that Yezcoin community can enjoy the benefits of Yezcoin Global Partnership network.

    Where can I get more information?

    Follow us on social media or send an email to [email protected]

    What is the Yezcoin Identity Management and Hybrid Cryptocurrency Exchange Model?

    Yezcoin Identity Management is a Blockchain solution to enable our customers to securely store their personal information and they have full control over whom they will share their information and even monetize their information if they choose to.

    Hybrid Cryptocurrency Exchange is an enhanced version of the Decentralized Cryptocurrency Exchange. The trend to develop decentralized Cryptocurrency Exchange has been a rise; however, security comes with a price of the speed limited by Blockchain creation speed. Yezcoin realized that not all data require the same level of security and less sensitive information can be performed off the chain to speed up the process. With this architecture, Hybrid Cryptocurrency model can enjoy speed of Centralized Exchange and also the security of Decentralized Exchange.

    What are Yezcoin solutions?

    - Assurance that the blockchain KYC & AML on our platform is 100% compliant with government regulations.

    - Our exchange is a hybrid model that offers the speed of a centralized model and the security of a decentralized model. Yezcoin achieves this balance with the strengths of both models.

    - Our advanced mobile technology allows us to run blockchain on mobile phones.

    - With a 2-factor authentication process plus biometrics authentication, in addition to screening for fraud and blacklisted sites, Yezcoin provides you with peach-of-mind security.

    - We mitigate the risk of private key management with multi-signature signing technology. Yezcoin's customers can manage their private key via their biometric data.

    - Our 24/7 customer service will ensure that help is only a click away.

    - Yezcoin is forming a Cryptocurrency Exchange Alliance where cryptocurrency exchanges will benefit from high liquidity and larger pool of customers.

    Why NEO and how does it apply to the Solution for Scalability?

    Yezcoin is using NEO Blockchain to support our proprietary identity management solution. Why NEO? There are a number of blockchain platforms offering different approaches. Among them, NEO stands out with high throughputs, a supportive community and scalable solutions. NEO provides a node program, Blockchain Explorer, SDK Development Kit, Smart Contract Compiler and IDE Plugin, decentralized applications.


    Consensus

    NEO's consensus algorithm, Delegated Byzantine Fault Tolerance (DBFT), is an improved version of classic Byzantine Fault Tolerance for scalability.

    What are the advantages of a hybrid exchange?

    Centralized exchange is fast but lacking in security, while a decentralized exchange is secure but lacks speed. There is room in the middle to balance speed and security by storing sensitive information on the chain while performing order matching off the chain. This way Yezcoin will have the speed of centralized model and the world class security of a decentralized model.

    How is Yezcoin compliant with KYC & AML?

    Know Your Customer(KYC) and Anti Money Laundering(AML) rules have been the focus of government regulators trying to combat illegal activities in the cryptocurrency ecosystem. Unfortunately, existing cryptocurrency companies inherited KYC &AML issues since the birth of Bitcoin. As of now, no blockchain companies are able to claim that they are fully compliant with KYC & AML. Yezcoin will be the first company that is 100% KYC & AML compliant.

    What is Biometrics ID?

    Biometric information usage has been increasing . Most modern smartphones come with Biometrics login capabilities. Enabling Biometrics ID to unlock a digital wallet is the next logical step. Many users have lost access to their wallets due to the loss of private keys. Yezcoin is using its proprietary encrypted Biometrics ID management solution to allow customers to unlock their digital wallets and securely manage their Biometrics ID.

    What is Smart AI?

    Each cryptocurrency exchange trade comes with at least two options when making a purchase: 1) purchase with other cryptocurrency and pay full price; 2) purchase with the exchange currency and get a discounted price. Not all cryptocurrencies can be traded from one exchange and some cryptocurrencies are only available on certain exchanges. There are so many option and complicated steps involved in a cryptocurrency trading transaction. Among many options, there is an optimal path where the customer will pay the lowest fee for the same transaction. Yezcoin's Smart AI will perform all complicated calculations and selections and only present the customer with the best deal for both buying and selling.

    What is the advantage of Yezcoin Mobile Blockchain?

    Mobile devices have become a part of modern life and are increasing in power day by day. Unfortunately, the requirements to run blockchain nodes are too demanding. Yezcoin is working with blockchain experts and mobile engineers to enable our blockchain solution to run on mobile devices. It is a challenging but vital next step that it must be achieved if we want the world to adopt blockchain technology. It must to work on mobile devices and Yezcoin is committed to making it happen.

    What is Yezcoin Scam Detector and International Sanctions Check?

    The cryptocurrency market has grown tremendously since 2017. A vast amount of funding has been invested into cryptocurrency. Sadly, the high growth in the market has attracted fraud as well. Criminals will impersonate someone who is a cryptocurrency market influencer and pretend that they are running a campaign to give back to investors only after investors send them the requested cryptocurrency. Thousands of investors have become victims of these scams. Furthermore, with the ease of transferring money, funding of these illegal activities has been on the rise and the use of an international Sanctions List has become less effective. To address these issues, Yezcoin has developed features to verify every account whether it matches any published international sanctions information at the registration and also to alert users if the sending wallet address matches one of 3,000+ known scammer addresses.

    What is schedule for deployment of various phases?

    Yezcoin Road Map

    - Issue 1B Yezcoin with symbol YEZ (June 2018)

    - Yezcoin Identity Management Solution on Mainnet (July 2018)

    - Whitelist event (August 2018) : allow users to pre-register for Pre-ICO/ICO

    - Pre-ICO (September 2018): expect to release 200M coins at $0.10

    - ICO (October 2018) : expect to release 400M coins at $0.20

    - List on Existing exchanges (December 2018)

    - Yezcoin Crypto Exchange on Testnet (December 2018)

    - Yezcoin Crypto Exchange on Mainnet (Q1 2019)

    - Develop ICO Launchpad/Smart AI/Mobile Blockchain technology (2019)

    Tell me about the Yezcoin Token Economy

    - 100% = 1B Yezcoin

    - 10% partnership + 20% pre-sale + 40% crowd-sale + 15% team rewards + 15% R&D

    - Yezcoin can be used to deduct fees from an ID management service.

    - Yezcoin can be used to deduct fees from trading in exchanges.

    - Yezcoin can be used to get discounts from partner stores.

    - Yezcoin can be held in Yezcoin wallet for fee-sharing entitlements.


    Yezcoin's success brings more successes

    Yezcoin will provide the KYC & AML compatible platform to future blockchain companies that plan to issue an ICO so that the future companies can meet KYC & AML compliances from the start. Then, after the ICO, the next hurdle is to get a new cryptocurrency to be listed on the exchange. We will help these companies's coins to get listed on our exchange and other exchanges in our alliance. Furthermore, we will provide skills and expertise to help companies in our Yezcoin Launchpad to follow our success model.


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