Surely 100x seems like a long way to go, but Yanu token has the right features to reach those highs.
How you might think so?
Yanu token was created as a means of fundraising and as a payment option for Yanu ecosystem.
The token has a real utility – it can be used to buy drinks and buy and lease bartending robot units.
Token holders will receive additional benefits such as discounts, skipping the line and access to other VIP services in the venues that run a Yanu robot bartenders.
This will invite clients to purchase Yanu tokens from the open market which will result in a gradual price increase.
The conversion rate for purchase is the initial ICO or IEO price ($0.1 dollar) or the market value of the token (whichever is higher).
There will also be downside protection – tokens will always have at least the value you bought them for during the ICO or IEO.
So that means if you have 1 gin tonic worth of tokens you will always get at least that. If the price appreciates, however, you will get to buy more.
There is always a market for our tokens since we offer a real product.
In case the price of the token falls below 0.1 dollars, our profit margin covers it
– this is possible because alcohol sold in bars has quite big profit margins and
additional with robots serving the drinks we don’t have any labor cost to worry about.
The circulating supply of the tokens right now is only $1.1 million and half of the total token supply is locked.
Most of the accounts that hold Yanu have 50 tokens in it and these can’t be sold on the market directly due to the minimum lot of 100 tokens.
This will result in less sell pressure and gives a lot of positive upside potential for the token price.
Turning the community to long-term token holders
There are already more than 47 000 token holders!
Yanu robots will be used in airports, transportation hubs, stadiums, hotels and exhibition halls around the world.
Considering this, our product will be seen by millions of people every day.
This will give Yanu token a lot of marketing exposure in premium spots all over the world,
thus creating the demand for the token as a payment method.
Also, we have strong programs that incentivise long-term holding.
Take our Candybox campaign system as an example.
We encourage token holders to get in early and hold the tokens over a certain period of time.
This can result in up to 80% of rewards. The reward is paid out based on your holding on the time of the snapshot that is taken 31.12.2019.
We believe that our approach to this motivates people to hold and buy more tokens leaving us with a very small percentage of sellers.
Naturally, as there is a strong purchase incentive and very little selling pressure, we’re going to see the price increase for the token price.
As the price starts going up we’ll attract even more buyers.
The key thing to remember more is that Yanu token has a built-in demand.
We will be buying back 2% revenue worth of tokens at the market price and burn them.
This will gradually decrease the circulating supply and increase the price, making it a valuable token to hold long-term.
So what do you think?
Does the token have the potential to go 100x from its current market capitalization and price?
How much do you think 1 YANU could be worth by the end of 2019?
