Introducing YogaCoin
Tags: Cryptocurrency, Binance, Bitcoin, Binance Smart Chain, Crypto

Introducing YogaCoin

YogaCoin was announced on 21st June, 2021, on The International Day of Yoga and will be launched soon.

So, what exactly is YogaCoin? To sum up in one line — YogaCoin is a Binance Smart Chain based crypto currency which rewards its holders and aims to promote Yoga. But this is not where it ends, let’s take a deeper look.

How did the idea of YogaCoin originated?

There are two parts to it.

We all know that humanity is facing an unprecedented health crisis and millions have lost their lives to a deadly virus. This is also brought into focus the importance of holistic healthcare and living healthy lives. We feel there is no better option than adapting Yoga into one’s lifestyle to bring about positive changes to individual health.

Second part comes from massive adoption of blockchain and crypto currencies and we truly believe that Decentralized Finance is the future. This will transform the world in the same manner like internet did.

The idea of YogaCoin is the amalgamation of these two. Apart from being a #DeFi cryptocurrency which rewards its holders for holding the coin, it promotes the culture and adoption of Yoga by rewarding the participants through YogaCoin.

How does it work and how is it different from other coins?

First of all, unlike some of the other coins, YogaCoin is not a meme coin and has a solid use case behind it. The whole purpose of this project is to develop a Platform (multi operating systems like Android, Windows, iOS) for Yoga related activities. Some of these are listed below.

1. Guided Yoga sessions

2. Personalized coaching

3. Prerecorded session

4. Motivational articles

5. Awareness campaigns

6. Merchandise

This platform will be truly global with audience from various geographies speaking different languages, following different cultures. This platform will act as a marketplace where the medium of exchange or the currency in use will be YogaCoin. YogaCoin will have following use cases (to be expanded further) on the Platform.

1. Participants will be rewarded in YogaCoin for performing Yoga related activities

2. Yoga Gurus will be paid in YogaCoin for the services they render

3. Participants will pay in YogaCoin for the services they avail and products they purchase

This all sounds good, what is the plan so far?

YogaCoin will be based on Binance Smart Chain and will launch on Pancake Swap decentralized exchange. We have explained the Tokenomics and process to Buy/Sell YogaCoin on our website at theyogacoin.net. To give you two highlights, this will be a deflationary token and there will be a three percent redistribution to existing holders from each transaction. Both of these mean an increase in value for the holders of YogaCoin. We will announce the Launch Date on our Social Media accounts.

Here is the roadmap we have provided for YogaCoin and the entire ecosystem.

Phase 1

· Fair launch on Pancake swap

· Lock Liquidity

· Renounce Ownership

· Coingecko and Coin Market Cap Listing

· Complete Audit and expand our Team

· Start Working on our Yoga App Development

Phase 2

· Keep increasing the Awareness of YogaCoin through multiple Platforms

· Get YogaCoin listed on Cypto Exchanges

· Continue marketing expansions

· Finalizing Yoga Awareness App and Yoga Gurus onboarding

Phase 3

· Launch YogaCoin Awareness platform which will use YogaCoin as a medium of Exchange

· Begin talks with Big Exchanges (i.e Coinbase, Binance, Kraken)

· Finalize development of our NFT Exchange

Phase 4

· Launch YogaCoin Exchange

· Build our own YogaCoin Blockchain to increase awareness about Yoga and Healthy Lifestyle

Transparency and Fairness

YogaCoin will be a community driven token and the team strongly believes that Transparency and Fairness are two of the strongest pillars for any such project. YogaCoin team has announced following in accordance to these principles.

· Once the launch is successfully completed, team will renounce the ownership of contract so that no one controls it or can change it

· Liquidity will be locked so that no one person or entity has access to it

· All the details related to supply distribution have been published on website

· There will be fair launch on Pancake Swap with no insider participating

We truly believe that YogaCoin is one of it’s kind and can change the world for better. We invite everyone to join our community and be a part of this revolution.

Check out website: www.theyogacoin.net

Follow on Twitter: https://twitter.com/TheYogaCoin

Join on Telegram: http://t.me/TheYogaCoin

Follow Instagram: https://instagram.com/theyogacoin

Contact on: contact@theyogacoin.net

#YogaCoin #Yoga $YOGA

#Binance #BNB #Cryptocurrency #BinanceSmartChain #BSC #Bitcoin