Yuan Bao Presentation
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Transcript of Yuan Bao Presentation
YUAN BAOFirst Chinese Crypto Currency
Brief Introduction
Launched at June 29th, 2013
Volume: 1.6 million
Current Market Cap: 1.8 million USD
Daily Trading Volume: 150,000
Trading Markets: 4 Markets
Top 1 Chinese Crypto Currency, Top 20 in the world
Market Strategy
Born Chinese, facing Asia market
Entrepreneur support and eco-system building
Charity and Public welfare
Highlight Points
First and only successful Chinese crypto currency
Open source, no premining
POS+POW double safety guarantee
One minute per block, faster confirmation
Scrypt-Jane Algorithm facing CPU/GPU miner, ASIC proof and 60% energy saving. Successor for Litecoin.
Special interest mechanism, balance the interest between investors, miners and developers.
International Coin
YBCoin offers simplified Chinese, English and Korean, will soon increase traditional Chinese, and Japanese, cover the whole Asia region.
YBCoin has founded Hong Kong company, official trading platform has been moved to HK, will landing in Japan, Korea market soon.
YBCoin is now trading on Cryptsy.com, will looking for chance to
POW & POS
POW: Proof-of-work, reward miners for computing power
POW POW POW POW POW POW POW POW POW POW
POS: Proof-of-Stake, reward users for coin age
POW POW POW POS POW POW POW POS POW POW
POW POW POW
Scrypt-JaneRAM consumption increase with time, ASIC proof algorithm
66% less power consumption than Litecoin
YBEX.COCrow funding and Digital Asset Trading
Crypto Capital Market
Current bitcoin capital market is risky and has no reliable system exist.
Example:BTCT (Shutdown)
Bitfunder (Shutdown)
MPEX (Close)
Havelock
Reason:No trust 3rd party
No connection between investor and the property
Legal risk for trading platform
YBEX.CO: Digital Asset Trading Platform
More than 50 projects online today and successfully funded 7 projects
Build a Trustworthy System
Crow Funding: Personal information record and video announcement (keep confidential unless bad thins happened)
Trading Fund: 3rd Party control the trading account, ensure the safety of fund
Virtual IPO: 3rd Party holding shares and represent share holders interest, using 2nd Generation Coin to public asset
Digital Asset Trust Structure
Property Owner
Property
Digital Contract
CA Certificate
Legal Documen
ts
3rd PartyYBEX.CO
Revenue
Timestamp
Investor
Funding
Charity and Public WelfareWe hope crypto currency can help more people
Distribution by people’s good behavior rather than mining
Proof of Contribution
捐赠者Donors
数字公益基金会Crypto Charity
Foundation
公益组织NGO
现金 /物资 /公益币捐赠Money/Goods/Coins Donation
公益币奖励POC
爱心市场Love
Market
物资捐赠Goods Donation
被捐助者People
Needs Help兑换所需物资Exchange for donated goods
慈善流转Charity Circulation
Thanks!For more information, please visit ybcoin.com or contact