Eight of the most notable cryptocurrency exchanges are simultaneously going to list Yap Stone (YAP), the native asset of the Yap Chain Foundation, on Monday, November 4, 2019. To turn on the heat, these exchanges are holding events where users can win some rewards to celebrate this grand listing moment of Yap Stone.
Coinsuper will be having a YAP trading competition beginning at 12:00 (GMT +4) on November 5, 2019, and will conclude at 12:00 (GMT +4) on November 10, 2019. Competitors must have traded at least 15,000 YAP in the entirety of the event. Those belonging to the top 5 will share 10,000 YAP in proportion to their respective trading volume in the combined trading volume of the top 5 contenders.
Those who belong to the top 6 up to the 200 will share 90,000 YAP rewards according to the proportion of their respective trading volume in the total trading volumes of the said bracket.
On the other hand, Mongolia-based IDAX will be having a snapshot event, wherein it will take pictures of its users’ YAP holdings daily, beginning from November 5, and will end on November 14, 2019. To qualify for the event, each user must have passed its Know-Your-Customer (KYC) process. Also, each must have a minimum of 1,000 YAP on his account.
Those who will satisfy IDAX’s requirements will have their share on the 30,000 YAP reward, with each rewarded based on their YAP holdings. Further information on Yap IDAX Giveaway is available here.
Coinall and DigiFinex also already published the events that will happen on their platform. Along with the said exchanges, 4 more exchanges are also going to list YAP on November 4. These are P2PB2B, Coinbene, BW, and DragonEx. These are notable names in the crypto industry that have proven their integrity and competence.
Yap Chain is a decentralized blockchain-based ecosystem that aims to turn a smart city into a single mechanism that caters to its users by facilitating smart payments, contracts, voting, MOUs, to name a few, without the interference of any intermediary.
YAP will prove critical to the success of the Yap Chain’s vision, even calling it the “key currency of smart city.” In light of this, Yap Chain Foundation Advisor Perry Ha said that this recent milestone would create a “great opportunity for Yap Chain to become the representative coin of Korea.”
Given that all of these are willing to enlist YAP, with Coinsuper and IDAX even going the distance by holding the aforementioned events, the foundation feels truly honored to serve its users better. But this is just the beginning, there will be more events announced soon.