I have covered everything about YEM in detail, if you found it difficult to understand so, you can comment your question below the article.
Important Note: The Trading SYMBOL for Rainbow Currency has been changed from TWNKL to YEM stand for (Your Everyday Money) (effective from August, 2018).
One Rainbow = 1,000,000 YEM
One Glitter = 1,000 YEM
1000 DAN = 1 YEM
1 DAN = 0.001 YEM
Rainbow Currency (YEM) had its so called; ICO in early 6th Nov 2017 and it ended on 17th Nov 2017, During the ICO period; more than 7 thousand people participated to buy Billions of YEM. Rainbow Currency (YEM) starts to trade in real world crypto market in the last week of November 2017 and still trading in the open market. It is exclusively available at YEM Exchange.
This is the Crypto world now a days and more and more new Crypto currencies are coming in the Market each and every day with different business models and some future expectations, to understand about any Cryptocurrency and its project we have to look into its structure or model of business and then realize and make decision about that Currency.
As compare to other Cryptocurrencies out there; When it comes about the “YEM” so have in mind that; this is the currency within the “Safe Zone” as a payment option and on top of that; you get discounts when you pay with “YEM”. And, Safe Zone is an open network so more and more businesses are accepting it as a payment. And, Safe Zone has a goal to reach (One Million) businesses very soon within the Safe Zone accepting it as a payment option all over the world.
This is the fundamental of Investment that; before investing in any industry you have to research on; what you are going to invest in and which platform is going to be suitable for you. Therefore, lets learn ; how to know about the Cyptocurrency that would stay for a long term.
It is highly recommended that; never invest in a Crypto by trend but by research on your own. For that; you have to look into few major facts which are as following:
Know about the business model behind that Cryptocurrency. Because, if the business model is strong and if it has potential, So, the Cryptocurrency for that model would be good for a long run and would be sustainable.
As long as the business model is strong and has potential for future. And, also has some real world assets backup for the particular Cryptocurrency. Now that Cryptocurrency must fulfil legal requirements as well. For a long run you have to follow the LAW.
Make sure that; legal requirements are fulfilled by that Cryptocurrency and it also should be Government Friendly if it wants to be on the list of Long run and Sustainable Crypto World.
It was all about how to choose the right Investment path in the Crypto world. Now lets move ahead for our main topic (which is) Rainbow Currency (YEM).
Rainbow Currency (YEM); is not just for online shopping, but also for Local POS (Point of Sale) very soon and as you can see with its slogan that; it has the aim to be Your Everyday Money, and, it is becoming a reality for sure because of various factors you are going to learn below.
There are only 100 billion YEM in total and out of those 100 billion, 40 billion YEM are circulating in the Market at the moment and this number will never increase, means it can never be more than 100 billion YEM ever. This means as more users worldwide uses Rainbow Currency (YEM) as mode of payment, the demand for YEM will rise while the supply will not exceed. These two market forces will result into price of YEM to rise up.
As we can see that all the facts described above are real facts and indicate that; there is a great potential in the YEM to grow faster.
Just imagine about a digital currency which is right from the beginning; several businesses accept it and is the main currency for the “Safe Zone” which means as much as businesses join the Safe Zone in future so they all will be accepting it as a payment option. So we can see a great potential for a long term sustainable growth and this is for sure that Rainbow Currency (YEM) is here to stay for a long term and will reveal its secrets to the world.
Imagine what will be the price of a YEM when Safe Zone got thousands of millions of businesses accepting (YEM)? Of course! It would be much higher than expected. Just hold on your YEM for a great future potential.
Yes, it has. Rainbow Currency (YEM) has some sub coins as mentioned below.
TwnklEstate Coin – This is the sub coin for the purpose of real estate, (based on smart contracts).
TwnklShopping Coin – This is the sub coin for the purpose of Shopping luxury Products , (based on smart contracts).
TwnklMobility Coin – This is the sub coin for the purpose of mobility related stuff. Like you can reserve your Brand New Vehicle with this coin, (Based on smart contracts).
TwnklVacation Coin – This is the sub coin for the purpose of all kinds of vacations all over the world, (based on smart contracts).
Rainbow Currency (YEM) and it’s Sub Coins are Now being Traded exclusively on https://yemexchange.com/
Rainbow Currency foundation – RCF, Is now officialy listed in the UIA Yearbook. The Union of International Associations (UIA) is a non-profit non-governmental research institute and documentation center based in Brussels, Belgium, and operating under United Nations mandate. Please check here: https://uia.org/s/or/en/1122282533
You can buy TSHC , TMC , TVC , TEC Coins with yem to spend for buying luxury goods, vehicle, vacation and real estate. further more, you can directly spend your YEM at these platforms as well: www.eeboox.com , www.safezone.info , www.solario.online , www.yembids.com , www.cebuwebu.com and https://yem.deals/
More places are coming soon and will be added here, where you will be able to spend your YEM.
If you need more help so you can connect with me on Telegram: https://t.me/SafeZonePrimer
Thank you very much!
Rainbow Currency is a crptocurrency created for buying Goods and Services Online/Offline.
YEM is not a different Coin. It is a symbol of Rainbow Currency. Rainbow Currency (YEM) is a Cryptocurrency for buying goods and services. YEM stands for Your Everyday Money.
Rainbow Currency (YEM) is different because, it is not created for Trading only but, the main purpose of this cryptocurrency is to be Your Everday Money so you can spend it like fiat currency.
Yes, YEM is a Cryptocurrency. it is a symbol of Rainbow Currency and it stands for (Your Everyday Money).
Rainbow Currency Foundation is a non profit Organisation indexed at UIA (Union of International Association.
Rainbow Currency is controlled and represented by a non-profit corporation called “Rainbow Currency Foundation” and it has seven different candidates from seven different continentals to serve people of their continental.
YEM Foundation dba RCF is registered in Nevada. Business ID NVZ0171765116, address; Rainbow Currency Foundation 500N Rainbow Blvd #300 Las Vegas, NV89107.
RCF stands for = Rainbow Currency Foundation.
YEM Deals is an eCommerce store where you can Buy goods with Rainbow Currency (YEM). Actual amount of a product is paid in YEM and shipping or any other taxes are paid in fiat currency like USD/EURO.
There is no difference between Rainbow Currency and YEM. Rainbow Currency was the first name of this Coin when it was launched and YEM is the Trading Symbol of Rainbow Currency. Now Rainbow Currency is also known as YEM.