YouToken is a platform that allows people to convert human intelligence into a financial asset.

YouToken is a blockchain-based crowdfunding platform that converts human intelligence into a financial asset (token). We help investors and entrepreneurs establish connection via crypto tokens.

Entrepreneurs can “sell themselves” and their ideas on YouToken while investors can buy “human intelligence” on our marketplace.

As a result, talented entrepreneurs can quickly get financial support for their project, and investors get the opportunity to invest in another “Steve Jobs” or “Elon Musk” at their early stage of success.

The platform introduces users to a new financial asset – “Human Intelligence”. The platform allows any user to “sell themselves” in the form of a personal token (YTN_creatorname) in exchange for receiving financial support.

Any user can convert his/her human intelligence into a financial asset (a creator token). Just like Apple or Amazon sell their stocks on the stock market, YouToken entrepreneurs sell their “Human Intelligence” depicted in the form of a financial asset on our marketplace. Smart investors contribute to individuals and not products; thus, we give people an opportunity to invest in another “Sergey Brin” or “Steve Jobs” at their early stage of success, and not another “Google” or “Apple”.










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YouToken's Main Competitive Advantages (Part II)

Thanks for joining us for part two of "YouToken's Main Competitive Advantages." If you haven't done so already, please check out part one and leave your thoughts in the comment section below. Alright, enough casual talk for now. Let's dive right back into the facts. Where were we? Oh yes, that's right. We were just about to compare YouToken to Traditional banks and new, P2P lending sites.YOUTOKEN'S COMPETITIVE ADVANTAGES AGAINST TRADITIONAL BANKSThis section can be summed up in a few words. Simply put, traditional banks and new P2P lending sites just don't care much about the entrepreneur. Their main concern is to get their money back plus interest. YouToken, however, supports you and is interested in their user's growth. After all, the success of YouToken is entirely dependent on the quantity an quality of its community. Hence, caring is all apart of the job.Another key point to look at is the sign-up process. If you go to a traditional bank to receive a loan, the entire process can take up to 60-90 days. During this time, the banks will review your credit scores, tax returns, financial status, business plans and more. To say the least, approval can be difficult.Now, turn your attention to the image below. This is the sign-up process for YouToken. No massive piles of paperwork, legal entities, cash flows or regional (country) limits here. Ultimately, YouToken wants to make it as easy as possible for entrepreneurs and investors to connect so both parties can help each other and benefit the community.YOUTOKEN'S COMPETITIVE ADVANTAGE AGAINST BUSINESS ACCELERATORS AND VCSNow, this section is a little different. YouToken doesn't consider Business Accelerators and VCs (such as 500 Startups, Y Combinator, Starta Ventures etc) as competitors. Instead, they are more like our partners. That's because they are after the same goal and YouToken will help them by providing a tool to find innovative entrepreneurs at the early stage of success and for a cheap price. However, there is one major difference.To enter a VC fund, you need to deposit thousands. This makes investing an activity only for the wealthy and that's just not fair. YouToken opens the doors for millions of potential investors who only have something like $100 to invest in a project. YouToken also makes it easier for entrepreneurs in this category too.Typically, business accelerators will ask an entrepreneur for at least a minimum viable product (MVP), a company and a team before even applying for an investment. They do this for a reason but it really restricts entrepreneurs who might not have the resources to put this three qualities together. As a result, they could go over to YouToken who only require your idea, passion, and commitment.Upon joining the YouToken platform, an entrepreneur gains access to a massive community of investors to choose from. Currently, YouToken is building up an efficient network with some of the best VCs and accelerators found in Silicon Valley, New York City and other markets worldwide.YOUTOKEN'S COMPETITIVE ADVANTAGES AGAINST BLOCKCHAIN COMPETITORSLast but certainly not least, we will analyze the competition against our modern, blockchain competitors. Maybe you think we all just copy each other but that's not the case. The YouToken Marketplace is not just another "MicroICO" platform. Entrepreneurs are not abandoned once they raise their initial amount. Instead, they are supported throughout the entire process of their "business life cycle."Furthermore, their "lifetime value" increases through the success of their projects. Ultimately, YouToken is not just about the funding. It's about the support, the guidance, and advisors from a global community and strong network of professional "accelerators."Both investors and entrepreneurs alike have the chance to benefit from the entire system and watch their YTN token grow in value. Also, as owners of YTN_Creatorname tokens, investors instantly benefit from different types of smart contracts like (Debt, revenue share, and equity). The overall price of YTN_Creatorname is calculated based on the discounted cash flow methodSo as you can see, this is a complex ecosystem. Not just a place to get your money and go. We use the term ecosystem because it is an environment where life starts, develops and benefits from the success of other life around it. Hopefully, you an join us, find your place within in the community and help it grow.
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YouToken's Main Competitve Advantages (Part I)

Every business in every market has to face competition and YouToken is no different. That's just the natural way of the ecosystem. However, it's how one deals with this competition that separates the victors from the rest. YouToken faces challenges from both the "old world" of crowdfunding and the new. Yet, by utilizing a few, innovative concepts, weaknesses become strengths that help propel YouToken above their competitors.YOUTOKEN'S FIVE TYPES OF COMPETITORSChinese general and author of The Art of War once famously wrote that "if you know the enemy and know yourself, you need not fear the result of a hundred battles." Maybe a little dramatic in this context but the overall message still applies. In order for YouToken to stay one step ahead of its competition, it must first acknowledge their existence and understand their strengths/weaknesses.YouToken's competition takes the form of these five groups:Business angels/angel investorsTraditional crowdfunding platforms (i.e. Kickstarter, IndieGoGo, GoFundMe, etc.)Traditional banks and new P2P lending sites (i.e. Lending Club)Business accelerators and venture capitalistsModern blockchain competitorsNow that we've identified the competition, let's take it another step further and analyze YouToken's advantages over each one for both entrepreneurs and investors.‍YOUTOKEN VS. BUSINESS ANGELS: GLOBAL AUDIENCEFirst of all, it must be stated that there is nothing wrong with business angels. In fact, they are incredibly useful. Useful if you ever get the chance to meet them. See, that's where the main problem lies for millions of people. The average person does not have a business angel's number on their smartphone. That's reserved for only a select few.Hence, YouToken's advantage, in this case, is to provide entrepreneurs with access to a massive, global audience of potential investors that before, were difficult to connect with. Furthermore, YouToken gives entrepreneurs the opportunity to seek advice from this large global community. There are strength and possibility in numbers. More potential investors mean a higher possibility of success and entrepreneurs need all the help they can get.. According to the Global Entrepreneurship Monitor, there are over 582 million entrepreneurs worldwide and many of them don't know where to start when it comes to funding. YouToken hopes to solve that dilemma. In addition to that, we have the issue of trust.When a business angel puts forth their money on an investment, they are relying on their personal feelings of trust towards that entrepreneur. Sometimes it works but it's also a risky move. YouToken helps to eliminate that risk and strengthen the bond of trust since each investor is protected by the YTN_creatorname token ownership. This makes the entire process 100% transparent and helps keep entrepreneurs accountable for their actions.YOUTOKEN VS. TRADITIONAL CROWDFUNDING PLATFORMS: SIMPLICITYSorry to quote yet another author again, but American transcendentalist and renowned philosopher Henry David Thoreau comes to mind in this scenario. In his book, Walden, Thoreau believed that "our life is frittered away by detail. Simplify, simplify, simplify!" In a world that's getting increasingly more complex due to technology, YouToken looks to Thoreau for inspiration when competing against traditional crowdfunding platforms."Simplicity" is the key word here for both entrepreneurs and investors. To start benefiting from a YouToken membership, creators just need to have a clear idea of their business. That's it. No need for legal entities, prototypes, boring paperwork or a minimum viable product (MVP.) In addition, YouToken gives creators access to a global network of investors, no matter which country they are from. This is not the case with more traditional crowdfunding platforms who often put up a wall of regulationsdepending on the country of residence.Maybe this sounds all too good to be true. You're probably asking "how much money do I have to pay YouToken for all these advantages?" Our platform is not free to use, but compared to some other traditional platforms charging anywhere from 5%-10% of fees towards their service, our 1% "commission" is a welcome change for users.Investors can also expect the same, levels of simplicity here. There are no mountains of paperwork to climb or mazes of bureaucracy to navigate. With YouToken, buying an entrepreneurs token is efficient and simple. To compare it to more familiar terms, the process is just like how one would invest in a company on the stock market.Thank you for reading part one of two regarding YouToken's competitive advantages. We still have a lot more ground to cover so if you're interested in seeing how else our platform improves the crowdfunding ecosystem, keep an eye on our blog daily. Also, stay tuned for more updates regarding cool, new features for the platform.
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