Yap Stone, commonly referred to as YAP, is a token within the YAP CHAIN blockchain ecosystem. Here's some basic information:

Project:

Attribute Details Name Yap Stone Symbol YAP Total Supply 1 Billion Issuance Date November 11th, 2019 (Specific date may vary) Initial Price Approximately ¥4.26 (May fluctuate with the market) Current Price Changes in real-time based on market conditions. Check the latest data. Listed Exchanges BW, IDAX, and others (Specific exchanges may change over time) Main Use Cases As the token for the YAP CHAIN smart city platform, used for contract protocol distribution, voting, and direct transactions.

II. Project Background and Features

Project Background:

YAP CHAIN is an independent blockchain ecosystem focusing on smart cities, developed by a Korean team. The project aims to transform smart cities into a single computer through blockchain technology, providing a secure and convenient urban living experience. YAP, as the ecosystem's token, plays a key role in achieving this vision.

Project Features:

Decentralized Blockchain Ecosystem: YAP CHAIN uses a decentralized approach for contract protocol distribution and voting, ensuring the security and efficiency of the smart city's operations.

Shared Economy Platform: YAP will establish a shared economy platform, redistributing profits generated by the community to contributing members, promoting resource allocation and sharing.

Key Currency for Smart Cities: YAP will be the key currency for smart cities, enabling direct transactions between consumers and service providers, eliminating intermediaries and fees.

Multi-Sector Applications: YAP CHAIN envisions using blockchain technology in various areas, including urban transportation, healthcare, and logistics, to achieve comprehensive smart city coverage. However, this blueprint is not yet fully realized.

YAP CHAIN (The Smart City Platform):

The smart city platform, YAP CHAIN, is a decentralized blockchain ecosystem that can transform smart cities into a single computer, enabling a secure and convenient urban lifestyle by distributing contract protocols and votes without third-party involvement.

YAP Token:

After its issuance, YAP will allow consumers and service providers to conduct direct transactions without intermediaries, eliminating fees. Additionally, by enhancing logistics, it can connect online/offline payments, including reverse auctions. Beyond smart cities, YAP will consolidate loyalty points from various global loyalty point companies, allowing unified issuance, usage, and trading through dedicated YAP tokens.