[ANN][Airdrop] YAB Token: 100% airdropped to people with no reserved admin funds

[Original Yabster]

Yet Another Bomb
...or is it?

Website - Twitter - Discord - Telegram - Smart Contract



YAB Token is a deflationary cryptocurrency inspired by BOMB but unlike BOMB it will be airdropped to the people in full meaning there is nothing reserved for admins or anyone else.

Total supply: 1,000,000
Burn rate: Minimum of 1 per transaction or 1% of the transferred amount
Reserved funds: None
Blockchain: Ethereum
Type: ERC20
 
Airdrop waves: First 30 days: 400 $YAB, Following 14 days: 300 $YAB, Until total supply is airdropped: 200 $YAB
Delivery method: User calls the function & pays for Gas themselves



Why YAB?

The trouble with our predecessors lie in the way tokens are created and handled. If you look at their source code you'll notice that immediately upon deployment the smart contract mints (creates new tokens) all of the total supply to the creators' address. From there you can trace transactions to multiple smaller wallets, but that's all they are- just regular wallets with private keys still in the hands of the owners.

Tokens are then eventually airdropped to participants from a massive wallet that the owners themselves control. They claim to have sent them away to "colder than cold" storage, but the only way this was possible would be if these wallets were smart contracts with a timelock mechanism built into them that would release tokens only after a certain period of time. Unfortunately this is not the case with any of our predecessors and sooner or later they will be forced to dump their tokens on the market.

Think about it. If you owned 100k of a token that was suddenly worth 10-100 million, wouldn't YOU dump it on the market? There will always be a certain price limit where plain and simple greed kicks in and all you see are lambos. It's just human nature.

And if you somehow believe that the owners are not like that, if you believe they are honest and good people, what about the fact that their market share is constantly increasing because the total supply is shrinking every single day? Sooner or later, even if they didn't care about lambos, they would be forced to sell parts of their holdings just to remain with a small enough market share that investors would still take them seriously. Otherwise the whole project would crumble.



World's first truly decentralized social and economical experiment

Yet Another Bomb (YAB) has taken a different approach. Instead of minting all of the total supply to the smart contract creator, we didn't mint anything at all. Go ahead check out the smart contract and audit it yourself: https://etherscan.io/token/0x52A7a5B50A567cA6c0a4F85E74b98142eba43f49

New tokens are instead minted by the person interested in receiving the airdrop. Yes YOU are the only person who can mint new tokens to YOUR address. And because tokens are minted not transferred, you will receive the full airdrop amount and nothing is burned.



How it works

Sign up for the airdrop by following the steps here: https://yabtoken.com/airdrop.html
Admin verifies and whitelists your address in the smart contract
You call the getAirdrop(); function and mint tokens to yourself

Don't worry if you have no idea how to call functions in a smart contract. Once the airdrop registration period closes we will add a simple claim button on the website. All you need is a web3 enabled browser (MetaMask etc) and a little bit of ETH to pay for Gas. Remember, Gas is required in order for Ethereum miners to process your airdrop request as the function permanently modifies state variables (token balance, etc) in the blockchain. We promise the process will be as simple as mating cryptokitties



No censorship

Unlike our predecessors we invite you to be provocative. Feel free to talk about other projects if you believe they are worth talking about. Ask tricky questions from the admins and try to corner them. We don't ban you for spreading rumors, false news or blatant fud because that's a part of what the experiment is trying to study.



The team behind YAB

Blockchain technology has, for the first time in history, enabled us to become truly trustless in a sense that we no longer need to trust the other person behind the screen. All we need is to verify that the smart contract does what it's supposed to and we're good. In other words the code is law and a team in its most traditional sense is no longer relevant.

There is no traditional "team" behind the YAB experiment. Everyone is part of the team. Everyone can suggest new and innovative ideas and everyone else can vote for these ideas and suggestions. The best chosen suggestions will be considered and if humanly possible, shall be made a reality.



Join us!

How will you act knowing that the creators of a token hold no big bags? Will you speculate on the price? Will you spread fud and manipulate the market? Perhaps you will simply hodl and watch from the sidelines. Become a Yabster, join the YAB family and be a part of a true social and economical experiment that aims to study human behavior.

[Original Yabster]

The YAB community is growing each day, now 89 Yabsters and counting!

Don't forget that everyone can vote in our Discord chat under #polls channel for upcoming changes. It's a 100% community driven project!!



Current proposals & votes:

1) Should we wait at least 1 month between each airdrop wave in order to encourage trading on exchanges?
YES 72%
NO 28%

2) Due to the custom built contract the devs hold no token which means we can't offer bounties and rewards for your help. Would it be acceptable to whitelist a "bounty" address and have it claim the first 400 tokens solely for rewards and bounties?
YES 80%
NO 20%

3) By default you can't see previous entries in #register-for-airdrop some people have said this was a good idea to ensure wallet privacy. On the other hand, when you can't see all the applicants, what's to stop from the admin from whitelisting random addresses that they control and claim all of those signed up during the airdrop?

Should we make all messages in #register-for-airdrop public so that anyone could later verify who got whitelisted?
YES 66%
NO 34%



Join our Discord chat and make your vote count!!
https://discord.gg/eq9PUAw

[Original Yabster]

We have 148 members now and growing!

Join our open community and vote for important project related decisions. You are the team!!



Daily Update

The YAB community has voted for the first decision to make airdrop registration submissions public to everyone.
This way anyone can verify who requested the airdrop and who got whitelisted when registrations closed.
A very open and transparent approach, thank you all for voting.
Together we will make this project great I am sure of that!!

We just launched our own Telegram group for those who prefer to use Telegram go here:
https://t.me/yabtoken

Giveaways & competitions

Invite contest
Contest runs until 1st wave is closed.
1st place: 10 YAB (receive 9)
2nd place: 5 YAB (receive 4)
3rd place: 2 YAB (receive 1)

Meme contest
Weekly contest where the highest likes count earns you 5 YAB (receive 4). Resets on sunday nights.

Logo contest
Runs until 1st wave is closed. Only 1 winner. Whoever gets the most likes wins 10 YAB (11 sent so receive 10!!!) and gets a VIP badge!!


Current polls

Should we wait at least 1 month between each airdrop wave in order to encourage trading on exchanges?
YES 71,4%
NO 28,6%


Due to the custom built contract the devs hold no token which means we can't offer bounties and rewards for your help.
Would it be acceptable to whitelist a "bounty" address and have it claim the first 400 tokens solely for rewards and bounties?
YES 83,3%
NO 16,7%


Should we keep track of salaries and pay out to people working for us only once they reach a minimum of 10 YAB?
Keep in mind that at least 1 YAB will always burn when transferred so we would need to send 2 in order for them to get just 1 and doing this often would cause tokens to burn unnecessarily.
YES 83,3%
NO 16,7%


Should we shave off 1 week from the initial registration period? So the 1st wave would close on the 14th of July instead of the 21st?
YES 81,8%
NO 18,2%


The last poll I am personally really excited about. It was suggested by a member of our team called pee pee poo poo and it quickly gained a lot of YES votes.
Looks like we are moving the schedule a bit closer

Come join us and become part of the team!
https://discord.gg/eq9PUAw

Make sure to tell everyone!

[Original Yabster]

We now have 172 members in Discord!!

Daily Update

Announcing our Telegram group: https://t.me/yabtoken
For those of you who are more used with Telegram now is your chance to speak directly with us!!

We still encourage everyone to join Discord: https://discord.gg/eq9PUAw
Because in Discord under #suggestions and #polls anyone can make their voice heard!

In YAB Token you are the TEAM



Ongoing contests

Invite contest
Invite all your friends in Discord and win!
Details in Discord chat or above posts in this forum.

Logo contest
We are using a temporary logo provided by a member.
We need a professional logo so make sure to submit your entry!!
If it gets chosen by the community we will use it and you get 10 YAB + a VIP badge on our Discord chat.

Meme contest
This is a recurring meme where every week someone will get the main prize!!
Time to take out your best meme formats!!



Community votes
YAB is a completely transparent community in where each user has the potential
to dictate where the project is heading. Anyone can make suggestions and anyone else can vote for these ideas!!

Here are the current polls and their votes:

Should we wait at least 1 month between each airdrop wave in order to encourage trading on exchanges?
YES 73,3%
NO 26,7%


Due to the custom built contract the devs hold no token which means we can't offer bounties and rewards for your help.
Would it be acceptable to whitelist a "bounty" address and have it claim the first 400 tokens solely for rewards and bounties?
YES 84,6%
NO 15,4%


Should we keep track of salaries and pay out to people working for us only once they reach a minimum of 10 YAB?
Keep in mind that at least 1 YAB will always burn when transferred so we would need to send 2 in order for them to get just 1 and doing this often would cause tokens to burn unnecessarily.
YES 84,6%
NO 15,4%


Should we shave off 1 week from the initial registration period? So the 1st wave would close on the 14th of July instead of the 21st?
YES 85,7%
NO 14,3%

[Original Yabster]

There are now 199 Yabsters and we are growing each day!!


Daily Update

1st wave to close early!

Another community voted decision in #polls just passed!!

The 1st wave airdrop registration will now officially close at noon on July 14th.

Check the website countdown timer to know exactly when it happens:
https://yabtoken.com/airdrop.html


Rewards wallet claimed 400 YAB

As you may know YAB tokens were never initially minted to the smart contract developer.
In fact there were 0 tokens created when we published the contract on the mainnet.

The YAB community voted YES for whitelisting a rewards wallet which has claimed the first
airdrop before everyone else. You can see the transaction on Etherscan:

https://etherscan.io/tx/0xf75d67d0e32d6d0b9ce81a5a34218f6be7a3bc7f432685737a46350fa8f805f8

What this means is we now have 400 YAB to give away as rewards for the various contests
we are having.

And remember, this address is now permanently blacklisted and cannot claim any more
YAB in the future! That means YAB is way more scarce than any other token out there with admins
"generously" spamming addresses with hundreds and thousands of coins


Active Contests

Invite contest
Runs until 1st airdrop wave is closed on July 14th
1st place: 10 YAB
2nd place: 5 YAB
3rd place: 2 YAB

Meme contest
Runs weekly where the highest likes count earns you 5 YAB (receive 4). Resets on each sunday!

Logo contest
Runs until 1st wave closes on July 14th. Only 1 winner. Whoever gets the most likes wins 10 YAB (11 sent so receive 10!!!) and gets a VIP badge!!


Join our Discord, become a Yabster. Enjoy the ride!

[Original Yabster]

We now have 272 members and counting! YAB community is growing every day

Daily Update

#invite-contest rewards:
Contest runs until 1st wave is closed.
1st place: 10 YAB (receive 9)
2nd place: 5 YAB (receive 4)
3rd place: 2 YAB (receive 1)

#meme-contest rewards:
Weekly contest where the highest likes count earns you 5 YAB (receive 4). Resets on sunday nights.

#logo-contest rewards:
Runs until 1st wave is closed. Only 1 winner. Whoever gets the most likes wins 10 YAB (11 sent so receive 10!!!) and gets a VIP badge!!


First exchange

We are officially listed and verified on BambooRelay:

https://bamboorelay.com/trade/YAB-WETH

BambooRelay is one of the best wallet-to-wallet exchanges running on the 0x protocol!


Airdrop time left

9 DAYS!!! Make sure to tell everyone the point is to spread the airdrop to as many people as possible before token starts selling on Bamboo

INVITE people to DISCORD for a chance to win the invite contest and YAB!!

[Original Yabster]

Registrations for 1st wave are now closed. If you were left out, there will be 2nd wave soon. Stay tuned!



1st wave Airdrop

It took us a month, but we are finally ready to distribute.
In total we removed more than 2000 bots and fake accounts that tried to claim YAB token more than once.

Out of almost 3k registrants only little more than 400 ended up being eligible for the actual aidrop!!!

To find out if you were eligible simply check if your name is on the list (sheet2, not sheet1) here:
https://docs.google.com/spreadsheets/d/1zYEpJbxsIf8AgeQMTckrqd9ahjDSAGlNV-tI1qeDaiw/edit?usp=sharing

If you can find your name there then the rest is simple:

1. Visit the airdrop page
https://yabtoken.com/airdrop.html

2. Allow Web3 connection through MetaMask or other Web3 ready browser/wallet

3. If your name is on the list a claim button will appear. Click it!

4. Confirm the transaction by paying a small Gas fee (0.03 or so)

After the tx is mined, you will find 400 YAB tokens in your wallet. Simple!!!



Notes: If the airdrop page says you cannot claim at this time it means one of the following:
1. You are trying to claim from a different address than the one you used to register for airdrop
2. You already claimed the airdrop once
3. You are not eligible (check if your name is on the list above)