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Yash Tailor

Stealth • 6m

This is related to decentralisation. Most of the current youth whole heartedly follow influencers. I have an idea to create a trading app for influencers. Influencers cab list their channel public by going through initial token offering. People can b

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Havish Gupta

Stealth • 6m

So it is almost like a stock market, where a channel is listed?

Yash Tailor

Stealth • 6m

That is correct

Havish Gupta

Stealth • 6m

So the token price will change based on their perceived value? If yes, then it sounds great. Even i saw many channels at their start and knew they are gonna be big. This will be great

Yash Tailor

Stealth • 6m

Yes exactly! Say if a channel as you said is doing great, you will buy tokens and hold it, the time it turns bigger, demand increaes and so does the share price :)

Havish Gupta

Stealth • 6m

That's great idea bro. And the Channel Owner will have to list his tokens. They won't be available from start?

Yash Tailor

Stealth • 6m

Thenks buddy. That is correct. Just like IPO. They will list say 1000 shares, each share worth say 5 youth tokens. People will trade, as demand increases possibly each share is now available at 11 youth tokens. Even youth token price varies. It's lik

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Havish Gupta

Stealth • 6m

Ooh even dividends. That's great.

Yash Tailor

Stealth • 6m

:) I did create a project during my undergrad on the same. I feel I never went into its execution in terms of like scaling it and like talking to people whether it's feasible and how I can go about getting investments and all.

Havish Gupta

Stealth • 6m

So if your prototype is ready, then you can apply to wtf fund, etc

Yash Tailor

Stealth • 6m

Ohh is it? Lemme go through it. The prototype is bare min. I still need to enhance it to make it much better. What do you think about this idea though? Do you think crypto will be better or I can play around with actual cash too? I believe since the

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Havish Gupta

Stealth • 6m

What is youth coin?

Yash Tailor

Stealth • 6m

Excellent question. Youth Coin is the term i give to the cryptocurrency that will be used to trade the tokens. Just like bitcoin, ethereum, dodge coin, solana, chainlink, etc.

Havish Gupta

Stealth • 6m

Now it's getting confusing. So you will be inventing it? If yes,. then people will exchange their ₹ for YCoin and buy shares with this YCoin. So will it not be hard for you to Firstly convince that buying channel shares would be safe and then also c

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Yash Tailor

Stealth • 6m

That is correct it might fail. But again won't it be easy to get the users sign up with say free tokens or minimislatic priced tokens like initially 1 YCoin will be worth like a 25 Paisa. It will be easy for the users to buy tokens as it ain't that much. As and when trust is build, people will invest more. I geddit it has two sides, positive and negative. Negative ones you pointed out. I am dicy on what would be the best for such an idea.

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