YDB is a token issued by New Reading company. New Reading App is a free one created by several enterprises, with a large number of multi-element novels. Its total value of copyright is 150 million. By reading novels freely, you can mine coins for free, hold coins at zero threshold. Join in new reading, participate in the establishment of future public chain, thus shaping a new economic model. It is estimated to distribute 500 million YDB of which 340 million used for mining, 100 million for copyright reservation(buy back YDB through buying books, copyright speculation ) and 60 million YDB for corporate development fund (determine the number based on market stability) . Company APP will introduce ad in the future, and users will bring ad and copyright revenue to the company while mining coins. Most of the revenue will be used for YDB buyback.
Issue time: 2020/3/24
Total supply: 500,000,000
Total circulation: 60,000,000
Project website: http://ydb.ygj6.com/
White paper: https://img.xyxsc.com/front/app/pdf/202004.pdf