What Is YetiCoin (YETIC)?
YetiCoin (YETIC) is a community-driven project established to encourage today’s youth to become more active and social, all the while promoting physical activity and wellness across the globe. The network aims to combine cryptocurrency with the sports and wellness industry. The platform aspires to establish itself as a massive and engaging community-centric global cryptocurrency network that rewards its long-term users.
As per its whitepaper, the network has a mission to encourage today’s youth to become more active and social, leading them to choose a healthy lifestyle and become physically and psychologically fit. Thus, keeping the primary focus on physical fitness and wellbeing, YetiCoin network seeks to include traders and youth sports organizations while sponsoring various charity events and volunteering opportunities in communities.
The YetiCoin platform has YETIC as the native ERC20 standard token based on the Ethereum blockchain. The primary utility of the YETIC token is to reward the holders. YETIC's tokenomics feature 1 percent transactions to be given to all long-term holders. In addition, 5 percent of the network's budget has been set aside for marketing, expansion, development, collaborations, and buybacks. To prevent price manipulation, the wallets are capped at 2.5 percent.
Another prominent feature that the YetiCoin network aims to offer is a proprietary decentralized exchange (DEX) named Yeti Swap that allows users to trade digital assets across the entire Ethereum network with a zen state of mind. In Yeti Swap, users can get pre-loaded tokens as the first choice of trade, personalized and Yeti-themed platform with Ethereum Gas Station. Wherein gas is the fee required to conduct a transaction on the Ethereum blockchain successfully.
Furthermore, the platform seeks to launch a move-to-earn application where users can get rewarded for the physical activities they perform. The YetiCoin network has partnered with former NBA players to achieve its goal of spreading health and fitness awareness.
History of YetiCoin (YETIC)
The YetiCoin network was created by Andy in 2021. Andy serves as the CEO and the team lead. The YetiCoin team also includes DJ serving as the Partnership Manager, Jackie as Community Manager, and JD as Web and Graphics Designer.
YetiCoin has a total supply of 1,000,000,000,000,000 tokens.
