AiYellow Launches Yellow Trading Coin (YTC) as Community Suspects Another ICO Scam in the Making
AiYellow, which launched in 2005, describes itself as a
“directory with a global reason that allows users to search for information on companies, products, and services in different countries around the world.”
According to an article by Beyond MLM, the platform has affiliates sign up and to pay fees for merchant licenses, and the codes can then be sold to merchants. As for commissions, they are connected to affiliate recruitment through initial sign up fees and monthly spends. Last year, the platform announced its YellowTrading Coin ICO.
Interestingly enough, the Beyond MLM article continues that the platform plans on launching the coin in Mach 2020 at 15-cents per token. Further, that figure seems to be arbitrary – no reason for it. Further, until the token goes public, affiliates can invest in the token, but they cannot sell for 75 days to
“deter speculation as to the value increases.”