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Good Morning all so we are going to be hosting our own London event, which will be a crypto talk show and forex talk show, and will be a great evening to meet the team, understand the wider crypto space and also get a good understanding of Yield and its future projects. be sure to register I am happy to announce our London May 3rd EVENT!!!! | 2018 London Forex & Crypto Talk Show 7PM START Register Here: https://www.eventbrite.co.uk/e/2018-london-forex-crypto-talk-show-tickets-44486118177 |
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The idea is promising. The list of your partners is impressing!
You have a very long roadmap to go.
Good luck with your project, devs!
I'll consider joining too but a bit later.
Thank you and we look forward to welcoming you. |
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You said that you have a high-experienced team consisted of financial experts etc. Is it possible to see your team mebers and find out who are they exactly? Thanks!
Sure the profiles are on our website myyield.io but a little run down from just some of our team members Samuel Leach - Worked in C Hoare & Co Private Bank, UK which is the leading independent private bank in the UK Matt Wright - Worked at tier 1 banks all over the world, can see via his linkedin on our website and is currently the lead digital architect to tencent which is the 4th largest company in the world worth $450bn Elliot Guinn - worked at Lloyds Bank, Equifax and has a wide skill set within banking Kathy Robinson - worked as lead project manager across the UK for government projects and also NHS etc, even bank of Dubai. can find out further information via the website for sure and linkedin profiles, |
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I wrote your project and you have â great idea. I think you will complete the deficiencies in the system. if you follow the road map and your work continues. the future is yours.
Thank you, we are well on the way with our roadmap and looking to progress ahead of schedule! |
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Good questions, looking forward to read the answers. I also want to know why did you decide to collect money for such a long period of time (3 full months). And what is the total investment currently? I only see the number 1,500,000 USD, but that was reached two days after start, right?
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We are currently at $2,500,000 and expanding our business partners we are ICO'ing for 3 months to enable we cover all opportunities for individuals to get involved, both business partners and the public. We have a large reach across europe and wanted to make sure we gave everyone a fair opportunity to join us. Also it gave us a great head start on our dev side, so we can be ahead of schedule on our projects.
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I have no doubt the team want your companies to do well- obviously you do, it directly links to your remuneration. Unfortunately wanting to succeed isn't actually enough evidence to warrant investment - or else the financial universe would, I'm sure, be a lot simpler.
From what I gather this is essentially raising money for the companies backing the ICO to fund expansion? I can see the benefit of launching an ICO instead of listing/seeking PE or seed funding, I'm sure it's a lot cheaper. What I can't understand is why you would expect anyone to invest without having an extremely thorough explanation of company accounts, meetings with management and so on. Why would a private investor not expect the same level of detail as an institution funding directly?
Everything here is so weak - I have seen no facts or figures backing up any claims other than "we're going to do this" and "we sell supercars". This means absolutely nothing. What are their margins? How strong is their balance sheet? What are the management's plans for the company and how do they plan to achieve these? Further, "a verified track record" of trading shows absolutely nothing about the company! Where are your funds under management? What are your risk parameters? If you were consistently achieving the returns that you claim you would have major financial institutions lining up at your door offering billions for you to manage, or alternatively buying your technology making you millionaires on the spot. Unfortunately since they have not, this makes me doubt your potential.
Claiming one of your backers is "unwilling to release information... because of competitors" is ridiculous. What you have essentially told me is - "invest in me because... trust me". And at the same time I see the founder splashing a load of cash on helicopters for his father and supercars. How is that a convincing argument for me to know my cash invested will be used wisely?
All I have deduced from the information provided is that you want cash from investors but aren't willing to give tangible investment information. It's all a show.
Interesting comment, we are not raising money for the companies backing us at all, all the businesses are multi million pound earning companies. Company accounts are all available via companies house any user can do their own DD on the partners, you would not get companies like redline selling £1mill + cars if they needed money etc. The yield coin project is about creating multiple business structures under Yield Coin by business owners who understand exactly how to run profitable businesses. The idea behind Yield Coin is to drive liquidity through to the coin to drive the value higher, using businesses to adopt the coin to create the demand. Rather than sitting their and expecting speculation. So when you say everything here is so weak it really is more that you probably have not researched the companies, of which all is publicly available via companies house. Again you simply need to do your own research, the focus should not be on the partners as we will be partnering up with 50+ businesses, we are allowing businesses to accept Yield Coin as a form of payment to open their business to the new crypto customer, in return we receive the liquidity via the sales for their products/services coming through our cryptocurrency. Helping businesses to truly adopt the payment of crypto's and in return gaining liquidity is a great exchange, and having partnerships all in place is a great place to be. The project is fully on the way with soft cap getting hit. Feel free to watch our update videos on our youtube channel latest update: https://www.youtube.com/watch?v=jR3X1pafLrM&t=0s Youtube partner descriptions: https://www.youtube.com/watch?v=tIO-RU6gSSsOur latest News Coverage: https://irishtechnews.ie/ow-yield-coin-can-create-other-businesses-blockchain-technology-samuel-leach-at-biisummit-march-19th/ |
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submitted thanks for the awesome bounty programme
Great stuff, look forward to welcoming you to the Yield Community! |
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Sure please do email us for further discussion |
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Yield Coin Bounty Programme |
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I am going to flag up 3 things -
1) The softcap was hit almost immediately and then rapidly slowed. It seems suspicious that a money-back guarantee was only set up to this limit, meaning any new investors will have no recourse if things go wrong. I wonder where that initial investment came from?
2) The only responses by YieldCoin are to comments by active members. Further, aside from these two active members all other comments are by brand new users. Is YieldCoin perhaps having their employees/associates with vested interests commenting with positive messages?
3) No single point of failure is great, only if every other point is strong enough to withstand the failure. Is there evidence that each business model is strong and profitable? I am yet to see any balance sheets or any financial information confirming these companies. Until then the multiple points of failure argument is surely moot?
I appreciate these come across as detailed however as an investor one must always be looking at the deeper picture...
Thank you for your questions. 1) The money back guarantee was set at the soft cap limit because this is the minimum amount required for the projects to go ahead. Otherwise, we would have cancelled Yield Coin and returned money to the contributors at that time. With regards to things going wrong now, we are fully committed to making Yield Coin a success and with the multiple projects and work with the businesses we believe we can make our current contributors a good return where we at from now. 2) We are trying to answer all questions posted regardless if they from active/nonactive/junior/senior members. We have told our current contributors about this thread and it is up to them to post. With the bounty programme on offer (stated in this post) then of course people are going to post. We want to get Yield Coin out to as many people as possible. We don't see this as an issue or a bad thing, at the end of the day it is up to contributors whether they agree with the comments and see Yield Coin as a great opportunity and one that has advantages over the other ICOs currently in the market. 3) The majority of the projects are mutually exclusive and therefore if one fails it will not have an impact on the projects. The projects where we can provide a track record for we have, current Samuel & Co Trading fund has a verified track record that is publicly available ( https://www.myfxbook.com/members/sandctrading/samuel-co-trading-samuel-leach/1868300). The performance and growth of Samuel & Co Trading is clear to see. As for the other Partners of Yield Coin, they are understandably unwilling to release more information of their business because of competitors. However if you look into them i am sure you can see what they are doing and equally their growth. Take redline, they sell up to 70 super cars monthly and of which some are hyper cars. They would not have a show room like they do if they are under performing. You have to remember our coin is not a concept, these are real running businesses which some have been running for over 15 years, they are not start ups. |
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Is someone allowed more than one wallet linked to one account?
When you have an account you would have all tokens purchased with that individual, there is one wallet per individual that have submitted their KYC documentation. |
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There will be more events taking place in the coming months, so we will keep you updated on this front.
Out of all the projects we are running which ones are you most looking forward to?
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Good Morning all,
We have great news we will be talking at the Dubai - The Blockchain Innovation and Investment Summit (BII SUMMIT) as a speaker talking to 1,200 individuals about Yield Coin and the benefits of utilising Yield Coin on the 19th of March. If you are in Dubai or at the event be sure to say hi!
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Okey so i have been brainstorming through the website of yield trying to make a comprehensive meaning about the concept of this project and its blockchain relevance, though its seems to be the first project claims to be multipurpose,
Now speaking of which, may i ask how is yield multipurpose token? In what ways? Aside from been a token, what other purpose yield token can serve?
In your website there are alot of Experience from different company or organization listed, are those a combination of individual experience gained by the yield dev team? How long has the team been together?
The token is multi-purpose in regards to the various projects the team are running that will drive liquidity into the token. This is backed by multiple businesses and we are not reliant on the success of one project or concept to make Yield Coin a success. Yes, the Yield Coin team have worked at these companies and the team know each other well. The majority of the team have worked together at Samuel & Co Trading over the past couple of years and the other team members have been sourced from other businesses that have previously worked with one of the founding members. The team has been formed based on their experience and expertise to give Yield Coin the highest chance of success as possible. For example, our lead Blockchain developer worked at Tencent as an architect. Thanks for the great insight, am happy to see this project here in forum, was luck to have come across thread, i see others are excited about this project too in your Reddit page, i see soft cap has already been reached within a short period of time, but why run the ico for such a long period of time though? When will yield be looking into exchange listing? Is there plans and discussions in the pipeline about listing? Thanks. You're welcome. We don't feel that 3 months is a particularly long period of time. We wanted to give contributors enough time to do their research to understand what we are looking to achieve and to maximise our possible reach in the ICO stage. Yes, we are currently in discussions with exchanges and have made some good progress so far but unable to announce the details. It is in our interest to be listed as soon as possible after the ICO stage and the cut off dates we are looking to be listed by Sept - Nov. |
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Okey so i have been brainstorming through the website of yield trying to make a comprehensive meaning about the concept of this project and its blockchain relevance, though its seems to be the first project claims to be multipurpose,
Now speaking of which, may i ask how is yield multipurpose token? In what ways? Aside from been a token, what other purpose yield token can serve?
In your website there are alot of Experience from different company or organization listed, are those a combination of individual experience gained by the yield dev team? How long has the team been together?
The token is multi-purpose in regards to the various projects the team are running that will drive liquidity into the token. This is backed by multiple businesses and we are not reliant on the success of one project or concept to make Yield Coin a success. Yes, the Yield Coin team have worked at these companies and the team know each other well. The majority of the team have worked together at Samuel & Co Trading over the past couple of years and the other team members have been sourced from other businesses that have previously worked with one of the founding members. The team has been formed based on their experience and expertise to give Yield Coin the highest chance of success as possible. For example, our lead Blockchain developer worked at Tencent as an architect. |
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Okay, given the fact that you hit your soft cap at the shortest time possible but guaranteeing that this will have no single point of failure is too much. Please don't promise too much because if this project will encounter obstacles someday, it will lose its credibility.
Thank you for your comment. What we are getting across is that we are not reliant on one single project to make the ICO a success, we have multiple liquidity drivers with businesses backing Yield Coin. Therefore, even if we do hit obstacles along the way we still have other liquidity drivers to fall back on. |
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Yield Coin
Introducing Yield Coin to the world, the first multi-purpose backed token.
Our vision is to create a trustworthy and fully backed exchangeable token with longevity and growth potential that is used by businesses on a daily basis.
Yield Coin is a multiple-purpose token with no single point of failure. It is pegged to multiple established successful businesses. The Yield Coin team is comprised of Banking Experts, Blockchain developers, Traders and Digital Architects. The team have experience at some of the largest companies in the world in their fields of expertise. Having hit our soft cap of $1,500,000 on our first day of ICO, the Yield Team has started work on our roadmap a week into our ICO.
The Yield Coin team have established partnerships with several companies who are ready to start adopting Yield Coin as a form of payment once the ICO is complete. There are many more in the pipeline and these additional partnerships will be announced as the ICO progresses.
Current Partnerships
Samuel & Co Trading (samuelandcotrading.com)
Redline Specialist Cars (https://www.redlinespecialistcars.co.uk/)
Elect Lifestyle (http://www.electlifestyle.com/)
Phase 2 Design Studio (http://phasetwo.co.za/)
Totem Entertainment (https://www.facebook.com/TOTEMsuperstars/)
Two Blokes Trading (https://twoblokestrading.com/)
52 Traders (https://52traders.com/)
Bounty Programme To help increase the visibility of Yield Coin across the public we have put together the following Bounty Programme to reward contributors. To participate in the Bounty Programme follow the steps below:
1. Join the Yield Coin Official Telegram group and invite 3 people (https://t.me/yieldcoin)
2. Submit a review on the Yield Coin Official Reddit Forum (https://www.reddit.com/r/YieldCoin/comments/804w4y/yield_coin_ico_launch_1st_of_march/)
3. Submit a review on the Yield Coin Official Bitcoin Talk Forum
4. Submit proof of above (a printscreen) to support@myyield.io to receive your reward 1,250 Yield Coin tokens
5. Bounty Bonus Plus: upon confirmation of the above, you will receive a referral link entitling you to 20% bonus tokens for any contributors that use your affiliate link
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Shorting has a place and you've offered a good basic description. In crypto however it's such a risky strategy. So many people have racked up huge negative positions by letting a short run. In a market that is overall so bullish in the long run it's best to steer clear of shorting unless you're very risk-loving and have a great understanding of shorting and how crypto markets tend to operate.
I mainly agree with your comment, except you can reduce your risk of loss by spread betting the short side of major cryptos with brokers like IG index, guaranteed stops and placing short positions. Has worked well for those who have caught the drop on our trade floor in London. Also Spread betting is also tax exempt and comes under the gambling act so no capital gains tax on positions. Great thread on shorting, think the pro's and cons need to be made more aware to the public. Sam myyield.io |
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I need some help.
I already have experience trading FOREX but until now im not that profitable. The market of forex is very UNPREDICTABLE. technical and fundamental analysis are not really working. Market makers and bank institutions are controlling the market. its centralized and big banks can manipulate the exchange.
Im planning to leave FOREX and switch to CRYTPO trading. Does anyone know who controls the bitcoin price? is it still the government or the whales trader?
I tried both cryptocurrencies, and forex with a track record for both. They are no different really although cryptos is mainly buy side mentality and a different system used. I advice to diversify among both fx and crpytos and ICO's with strong teams. |
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