Yellow (YELLOW)Yellow is a blockchain product and infrastructure company that offers advisory and investment services in the blockchain sector. They have developed Yellow Network, a Financial Information Exchange (FIE) network enabling direct peer-to-peer (P2P) trading between various blockchains and exchange brokerages. Seed Round: $10M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Yellow
Yellow Network solves the problem of genuinely decentralized trading by allowing participants to swap assets across different exchanges without having to rely on block creation. This brings all parties, exchanges, blockchains, and trading firms together, creating a network of brokerages and allowing for a more efficient trading infrastructure.
Yellow Network embodies a decentralized Layer-3 peer-to-peer mesh network allowing brokers to communicate, trade, and aggregate the liquidity of connected nodes.
Powered by state channel technology, it enables real-time settlement between brokers on top of a blockchain, thus enabling cross-chain trading without the need to bridge assets.
State channels improve public blockchain throughput by reducing the computational load placed on nodes when processing and storing transactions. This makes it easy to run a node, which decentralizes the process of certifying the miners' work.
DetailsRaised: 10,000,000 USDLegalRegistration country: SeychellesRegistration year: 2024 | Token infoTicker: YELLOWType: Utility-token Token distribution: 30% - Community Treasury 12,5% - Yellow Treasury 10% - Trading Mining Rewards 15% - Growth Hacking Rewards 10% - Founders and Team 20% - Token Sale 2,5% - Liquidity Provision |
Yellow Roadmap
- Launch of Yellow Smart Account
- Rollout of Yellow Terminal
- Linea Mainnet Integration
- Canary trading test environment
- Onboarding of Initial Builders
- Product launch of Yellow Network Telegram app
- Product launch of Yellow Vault
- Start of Yellow Locking Campaign Season 1
- Start of liquidity building through the locking
- $YELLOW Public sale event on a major launchpad
- $YELLOW Token Launch Event on Tier-1 Exchanges
- Distribution of season 1 rewards
- Start of Yellow Locking Campaign Season 2
- Adding support of 6 EVM chains
- Expansion of Builder Program
- Organization of Yellow Network Hackathons
- Instant cross-chain trading feature
- Expansion and sales of Brokerage Ecosystem
- Support of non-EVM chains
- Enhancement of Multi-chain abstraction
- Cross-chain swap through Account abstraction
- Growth of Yellow Network Ambassador Program
- Launch of Mainnet
- NeoDAX Stable release
- Advanced orders
- Risk Neutral Broker Dealer market making
- Further Expansion of Brokerage Ecosystem
- Improvement of Cross-chain Trading Systems