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#Blockchain All projects

YINC: Platform to hire and trust vendors online

Most simple, cost-effective and reliable way to hire service providers using cryptocurrency and blockchain technology

stage Ended crowdsale

3.1 Rating

by 5 users


    KPLs

    • Employees29

    Team

    18

    Jonathan Handler

    Founder Chief Executive Officer

    Mike Azeroual

    Co-Founder Chief Operations Officer

    Alex Likhtenstein

    Chief Marketing Officer

    Arash Emami

    Chief Technical Officer Former Linkedin

    Jaime Bemarás

    Chief Token Architect Former SpaceX, AT&

    Viacheslav Oliinyk

    Blockchain Developer

    Andrey Pushai

    Quality Assurance Engineer

    Igor Pogosian

    Backend Developer

    Dmitriy Zhyzhko

    iOS Developer

    Eduard Sadontsev

    Android Developer

    Aleksandr Nazarenko

    Front End Developer

    David Fhima

    Director of Business & Finance

    Carmen Polanco

    Marketing Director

    Jun Hee Lee

    Director of Operations

    Mark Lindsey

    Director of Public Relations

    Justin Oberman

    Content Manager

    Mathan Perl

    Project Manager

    Jose Polanco

    Director of Vendor Operations


    Advisors

    11
    man Lou Kerner

    CryptoOracle, Chameleon Flight VC, Stanford University

    man Jeremy Born

    Brandify, JABB, Pepperdine MBA

    man Mark Hager

    Investor Uber, Coinbase Reddit, Bit.ly

    man Jonathan Azeroual

    Co-Founder BSave (50k Crypto Customers)

    man David Guttag

    HEALTH[at]SCALE MIT




    Crowdsale details

    Distribution of tokens
    • Crowdsale (50%)
    • COMMUNITY DEVELOPMENT (20%)
    • STRATEGIC PARTNERSHIPS (10%)
    • FOUNDERS & ADVISORS (10%)
    • DEVELOPERS & COMPANY (10%)
    Budget allocation
    • Marketing (40%)
    • Development (30%)
    • Operations (22%)
    • Legal & Security (8%)
    Details Indicators
    Token Symbol YINC
    Full Token Name YINC token
    Pre-crowdsale Start August 31st, 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, $15000000
    Domain owner Individual

    Cost of the token

    1 token for 0.08 $

    Price without discounts

    Accepted currency

    • Bitcoin
    • Bitcoin Cash
    • Ethereum
    • Fiat


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    5
    Jordan Semanda August 24, 2018
    Rating of project
    3.0

    Advantages

    The field of offering services hasn't been largely explored by the many ICO startups and this will give yinc capability to have a large market share to itself which will be an outstanding factor in the startups sustainability.

    Risks and disadvantages

    Some of the advisors are directly involved in other projects and this might make them have conflict of interest and this will be a hindering factor to the progress of yinc ICO in particular because they will not fully be committed to the establishment and providing of all relevant information. Allot is missing from the projects road map and it looks like a half baked action plan without factual information about the activities to be carried out in the time of implementing the project.

    Comments

    Constant communication between the teams correspondents and the community members at large is necessary this is a move to reduc on the possible large numbers of investors to abandon the project that will cripple its financial stand hence throwing it out the market.

    William Anderson August 24, 2018
    Rating of project
    3.0

    Advantages

    Hiring of service providers brings a lot of possibility to this industry for example legmat service providers will be available and more so they will provide quality work because rating is involved this will also create a mutual benefit between both parties hence sustainability of the project through its continued development and existence. Many investors who are expected to get involved shall offer the distributed advantage to the yinc token because they are of alternate digital currencies. this highly reduces the risk of loss.

    Risks and disadvantages

    Token hold function is a very important thing and this shall be relevant in investing in any project because short of this the team after failing to handle the project after the crowd funding can place the tokens they are holding ton the exchange and and abandon the startup hence creating a loss to investors.

    Comments

    One thing that should be known to those investing is that the success of the stages of accumulation of funds doesn't guarantee the durability of the start up in the market because many startups fail to make through because of poor guidance and road map planning.

    Anne Bryn August 19, 2018
    Rating of project
    3.7

    Advantages

    If token's price differs from its ICO sale price then the amount of tokens paid as fee for service will still be the same as if token's price were 0,1$. This is an important advantage, because if token's price drops below its ICO sale price, token holders will not have to overpay.

    Risks and disadvantages

    No discounts are offered during pre-ico stage. Unfortunately there is no sound marketing plan.

    Comments

    Team tokens are subject to a 4-year vesting schedule, which a long period. I think it is a very good sign, it indicates that the team is interested in the stable growth of the token's value. Moreover the startup has many partners in real estate business. Such buildings as Presidential building in Washington D.C., 645 Madison Ave in New York and many others will be listed on the platform. It would be interesting to know now if the project will be successful.

    Sofia Medda August 17, 2018
    Rating of project
    3.7

    Advantages

    YINC token will be the only means of payment for transactions. Token holders will be incentivized to pay for services with YINC tokens as well as to hold a certain amount of tokens in their wallet.

    Risks and disadvantages

    The roadmap doesn't contain project's development plan, it just informs that the team plans to release the platform.

    Comments

    There is information in the Whitepaper that the dozens of real estate firms wish to test the service on their properties when the platform goes live. Some of those partnerships and properties are disclosed on the website and a real interest is a significant and undoubted advantage.

    Denys Serhiichuk August 04, 2018
    Rating of project
    2.3

    Advantages

    There are 2 versions of the Whitepaper - usual one and technical , where the platform features are precisely outlined. Thus, only 10 % of tokens are kept for the founders and advisors. It is a good sign, that the fraction is small, so it would not be easy to manipulate token rate. In addition, there is a chance to invest with different assets ( Ethereum, Bitcoin, Bitcoin Cash, and ''fiat'').

    Risks and disadvantages

    Roadmap could be more detailed in terms of the quantity of platform development steps. Existing ones are not enough. In addition, there is no MVP and no information about partners. Little attention has been paid to marketing. For instance, there is no account on Medium, Reddit and thread on Bitcointalk.

    Comments

    As a whole, there is no guarantee that customers can trust vendors. Furthemore, it is difficult to understand how the platform functions without its alpha or demo version.


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