2.TOKEN：YAP STONE (YAP)
We started in the Year 2008. Leverage generated by seigniorage and inflation caused by currency issuance shoud be granted to community and it will result in virtuous circle of economy.
YAP Stone will formulate Shared Economy platform that will distribute profits generated by the community back to the community that have contributed and become Key currency of Smart City with Cryptocurrency with credibility and guarantee.
YAP CHAIN FOUNDATION is publishing YAP STONE, the key currency of Smart City, through YAP CHAIN, optimized for smart cities that can be operated by groups, shopping malls, streets and cities. It provides local currency issuance by local government through YAP TOKEN, college coin, etc. based on Smart Contract.
5.Circulation：initial circulation 0.7%， 7,000,000
Post the listing of YAP, tokens from private sale and institutional investment will be unlocked per following schedule post the listing:
20% - 3 months
20% - 6 months
60% - 12 months
8.Offering price：0.2~0.45 Dollar