What is YESorNO?
Launched in 2018, the platform initially adopted a free-to-play approach to validate its product-market fit in the gaming industry, which is dominated by established players. However, the platform has since evolved to become a fully-fledged dapp that offers a new and exciting user experience in the betting industry.
Managed by a team of experienced professionals based in France, YESorNO aims to challenge the traditional betting industry's status quo. Unlike traditional operators that enable their members to place bets on their platform's content, mainly sports, YESorNO empowers its members to create bets on any topic and play with its coin YON.
One of the co-founders/associates, Pierre Klein, was a former manager at Betclic, the European leader in the betting industry. The rest of the team comprises experts in blockchain, both technical and marketing aspects, and legal betting areas.
YESorNO is unique in several ways. Firstly, it empowers its users to create their own bets, unlike traditional operators who dictate what bets are available on their platform. Secondly, the platform offers two proprietary formats of betting, namely a 60-character sentence or a video, giving players the option to bet with a simple Yes or No choice.
This approach has proven successful with over 30 million bets generated by a community of 100,000 'test players' from May 2019 to September 2021. Unlike traditional platforms that only reward those who win on a bet, YESorNO offers a special place to its members, rewarding those who contribute value to the app and its community. Members who share content, participate in the consensus at the end of a bet, or simply hold their tokens will be rewarded with YON, the platform's native currency.
YESorNO's tokenomics is designed to align with its vision of rewarding those who contribute value to the app and its community. The platform's revenue generated from advertising will be shared between the platform and its members. Additionally, a certain number of coins will be distributed monthly from a dedicated community fund to reward community members. This approach is similar to Bitcoin's, which rewards people who help the network. With its unique approach to betting and innovative tokenomics, YESorNO aims to take the lead in the $150 billion worldwide betting industry.
YESorNO was founded by Gilles Feingold, an experienced entrepreneur with 25 years of experience in innovative projects. In addition to Gilles, the main co-founder and associate, Pierre Klein, was a former manager at Betclic, the European leader in the betting industry. The rest of the team comprises experts in blockchain, both technical and marketing aspects, and legal betting areas.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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