What Is LYO Credit(LYO)?
LYO Credit is a fintech organization managed by DIGILYO APP LTD, with the administrative office in Hong Kong and we have operational offices in more than 7 countries. You can access the LYOPAY ecosystem through more than 14 platforms that connect users to technological tools in an intuitive and simple way. These provide users with the ability to transact, store and use cryptocurrencies in a scalable way to promote your company ecosystem. LYOPAY aims to:
• Promote the mass adoption of cryptocurrencies
• Act as the bridge between the fiat and cryptocurrency worlds in a legal and safe manner
• Provide easy access for newcomers to cryptocurrency, all with just one complete Ecosystem
LYOPAY is an ecosystem that combines different services from many financial partners located in different countries, enabling faster global expansion in 14 different platforms. The main project is to build an ecosystem that encompasses primary payment services and extends to tools for professional trading, travel booking, a launchpad page and other services that will be expounded later in this document.
LYO Credit Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | LYO Credit |
| Short Name | LYO |
| Circulating Supply | 30,343,126.00 LYO |
| Max Supply | 250,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Satisfy
By incorporating several services also issued by third parties, LYOPAY falls into the category of an ecosystem. It is a new approach to an all-in-one experience ecosystem of services and tools, delivered via in-house technology and through third-party integration. The idea behind an ecosystem is to satisfy the need to connect consumers and retailers, enabling them to efficiently conduct transactions. In addition, they also offer a single account with multiple functions, so that a person can use the same ecosystem for most or all of these services. It is a strategy that companies have for the resources to expand into more fields.
KYC
LYOPAY operates in compliance with KYC, AML, and European General Data Protection compliance and regulations. Thanks to this, LYOPAY’s operations take place in total transparency with respect to the institutions that regulate payment flows, and safety towards customers and their funds. The service providers that LYOPAY relies on have the proper license to operate, as well as the partners who issue the products that will be available in the LYOPAY portal.
The purpose of LYO Credit is to create a token that fits into the LYOPAY ecosystem. LYO Credit tokens can be used to pay commissions and promote a community of users of the platform through currency rewards. LYO Credit (LYO) is based on the Binance Smart Chain protocol that is powered by Binance. The BEP-20 smart contract to facilitate transactions of the LYOPAY Ecosystem (LYO) and record balances of such credits in an account.
Crypto – Payments
LYOPAY is a crypto payments app that expanded into an ecosystem of services dedicated to providing our clients with the right tools that enable them to use cryptocurrencies on a daily basis. The technology behind each service in the ecosystem is designed to simplify cryptocurrency transactions for businesses and consumers.
Tokenomics
The LYO tokens created will be distributed based on these percentages:
- 48% Minting and Social Mining
- 14% Treasury
- 12% ICO
- 8% Rewards and Auctions
- 8% Airdrop and Promotions
- 5% Yield Farming
- 3% Team
- 2% Advisor
Token Technology
LYO Credit was initially launched on Binance Smart Chain (BSC) before they switched it from BEP-20 to a new BNB chain. The upgrade was designed to enable the LYO Credit (LYO) to be listed on multiple exchanges. Being listed on multiple exchanges enables increased volume and usage of the token. We improved the token technology by migrating to the new contract.
They burn all tokens from the old Smart Contract during the migration.(0x9d0bbff00a3961455ccb87e43596c7e846e57e7a). Following that, a whopping 250,000,000 LYO were minted and dispersed to various wallets based on LYO Credit Tokenomics. This development will result in a significant increase in the LYO Credit Token’s transaction volume, as well as an increase in the number of users who utilize.
Team
Luiz Góes – CEO – Chief Executive Officer
Mohammed Arif Ansari COO – Chief Operating Officer
Mac Ocampo CMO – Chief Marketing Officer
Solandia Jurdi Head of Compliance
Baiba Broka Head of Legal
Faijas Muhamedali Head of client
Article Disclaimer
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .
