From the moment of its origin, blockchain technology immediately turned into the ‘new black’. One of the grandiose technological inventions of our time, it instantly grasped the attention of both the public and government authorities by its ability to provide a free, unhindered exchange of information – echoing the internet network in the past two decades. However, in contrast to the World Wide Web, blockchain technology takes one step further and eliminates any hint of the system being controlled by any single party on its own – by anyone willing to impose their rules, be it the bank or the local administration. This state of affairs made regulators lose their sleep at night until the realization came that one can achieve success in this game only by being the fastest. Thus, China came to be the first bold experimenter willing to test out the blockchain potential on the state level – with numerous businesses and enterprises following its example. The time came when blockchain technology destroys the old order to give a rise to something new – and Yucreat can help projects in the realization of this aspiration.
In comparison to other decentralized platforms in the field, Yucreat focuses on delivering a much broader range of blockchain services that may support a project at any stage of development. Considering the fact that both SMEs and blue-chip corporations are now actively exploring the potential of this liberalized and free from external control technology, other businesses in the field, not lower the plank, switch over to decentralized payments, automated record-keeping and actively adopt a transparent way of collaboration through the blockchain. By being a real trailblazer in the field, Yucreat takes care of all of these features combined.
Not only is the platform an interactive co-working environment, but it is also a place to shape your project idea and enhance its implementation stage with the help of the specialized AI algorithm. Each participant with an appropriate skill-set receives notifications when the project is about to get started, while an automated payment mechanism helps seniors to focus on the areas that help the project to grow, instead of following manual tasks. Blockchain-based algorithms later assist in the mitigation of project tasks and determining the maximally efficient way to achieve the desired goal within the shortest timeline. Thus, Yucreat becomes a project-management tool for the next generation, capable of taking the project potential to 100% and outperforming the desired revenue flows with the help of new technological solutions.
Q1. What inspired you to build a project that effectively synthesizes investors clubs, skills and material pool, as well as a research hub that helps to grow and develop anyone's business idea?
Well, it was not the idea of a single person, it was the idea of our group and community, and it was inspired by the fact that a trend was changing.
Lots of Entrepreneurs, people in the business world, saying that they had issues, locating people wanting to work.
The concept of working with milestones, where people who would deliver instead just promising and not delivering. And literally, not having any goal types of possibilities, which is what Yucreat became a project that would be embodied by the fact that you can have a project, set milestones, locate the people you're looking to deal with to partner with. Build your project from the platform up, and the platform would manage the money as well because it was evident that some of the skills that people might be looking for, let's say, for example, programming, there's a ton of programmers in India, but a lot of these programmers are inaccessible for a lot of people that are in the States or Canada etc.
We wanted to build a structure that could be able to take resource from anywhere and chunk it down into big projects and could be chunked down to super small tasks and use hundreds of people to fill these small tasks instead of having to hire employees that would have to learn and educate themselves to fill all the requirements of a single project. So, it was about filling the needs of the people that are having ideas, so they could grow their ideas and bring them to potential and delivery, with the help of other people.
Q2. How do you manage to grow the community on Yucreat and constantly draw new people in?
The platform is built by lots of programmers, but inside there 75 founders, we have also some marketing people, of course, and the way the platform is designed is that if you have a project and you're missing some people with skills or material, there is a high amount of tools that we can use to promote it on the social networks, on the internet itself and also in our platform to explain which project is missing, which type of resource so if a resource is missing and a new resource wants to come in and fill it, they still have to become members of Yucreat users and from this is how we'll grow it already.
We've reached several thousand where we're like in the 8000s have already created accounts, and we're very startled that it's growing well and growing quickly. We're happy because there is a good amount of people, publishing their skills as well on the platform, and some material. So, this is how we're going to grow it. And of course, the community is, by introducing more members as we have a referral system so one user is bringing more people in with similar skills or requirements. Well planned strategic marketing from our founding marketing members are producing results.
There is also the addition of our cryptocurrency and an airdrop that it's taking place already for several weeks, it's about to be completed now, and that brings in. Also, several people in.
Q3. What are the toughest challenges in project execution that Yucreat can help tackle?
It's the usual problem that, these days, a lot of problems of projects never see the light of day, because there is no accountability, there is no urgency or there's no nothing that promotes it for being very efficiently delivered. So what happens is that, lots of people have an idea, they have a project, and they either just keep it for them or they just do one or two steps in that direction, to make it happen, but it stopped because of issues, skilled people and budget. At that point where Yucreat takes the lead is that your project goes public, then a lot of people are aware it is becoming public all the resources that are matching the people you're trying to reach, get a notice that you're opening a project that could fit their skills and so on. So, there's driven engine that brings you forward to the next step and next step, and then you start to set milestones and goals for your team, and everything is related to those goals and those milestones are to be finished so everyone has their part and they can receive their share of the profit that this project will be generating.
So, this is what it tackles, it's solved the problem of really gathering people together in some sort of corporate format, where they don't have to invest in a corporation, all they have to do is invest their skills and material to take part in that project where we create within the platform a smart contract that binds everyone together. And since no one touches the money before it's delivered to each participant's account when sales are made of this particular project, they’re sold through the yucreat catalogue, and each dollar is then redistributed to the people within the team that did their part to the exact percentage that it was agreed upon.
Q4. What are the cost and time-saving benefits for applying yucreat instead of traditional project management, management platforms?
Well, the usual platform doesn't do anything different than just like a brick and mortar company would do in the past so it's just that they still have to find employees they still have to manage these people, offer them salaries and do the whole shebang of things that is necessary. In terms of Yucreat the platform, the management of the platform is made throughout, but the platform is built to find the resource and deal with the fact that the owner of the project might not have the money to pay these people, so then they became they become collaborators and then finalize something together that they're passionate about.
It's in no way related to how other platforms are doing things because usually the other platforms would just, you know, enter tasks, but it is not going to locate any resource for you at all. There is no possibility to exchange with a group within that usual platform where they're just about making this person do this task. In the case of Yucreators, we make the person do this task, but also, let's make him or her participate in the whole adventure and the profit-sharing of this whole project.
Q5. Apart from the Skill & Material section already open on your platform, What other sections are you planning to accommodate in the foreseeable future?
There is the big one that is coming on the sixth of August, which is the opening of the idea section, where, from this point, people can start in putting their ideas, and then we have a section of the site that is called the unfold section where you, your ideas, can be shown publicly
or not which, you can decide in the setting. If you want your idea to be shown in the upvote section. The Upvote section works in a way like their Reddit of this world so if an idea is good it will be pushed up and then it will be commented on and so forth. So this is the idea section that will work.
There is also another section that will be open on that it's called a Yuwork, and the Yuwork is similar to Upwork in a way, so where you can find resources and freelancers and pay them through cryptocurrency, or whatever means that you decide, and know where you can also barter or exchange some services with these people instead of going to paying, actual fee add dollar so this is the other parts that would be open.
The YUC coin is also going to become live on the sixth of August. As for our plan right now. The date is not yet fully confirmed but it is highly probable and we'll probably need that date. So, on that same day on the sixth of August, we're opening the skills section and the coin is going to become available as well on exchanges.
Q6. Could you break down the core principle behind the AI algorithm of Yucreat? How exactly does it help the project owners to succeed?
Of course, while the AI, what it does is that it looks after a set amount of conditions for certain projects that are currently running and are showing promising results. From the category they're operating in, the pricing range they're trying to get the experience, create reputation. . Everything that is baked and you created is well served. This puts the AI into deciding, which projects should be given more attention and be resolved and filled faster. So in the case where a project is taking place that is needed, for example 15 different skills and one or two is missing in that project, by filling these two seats would be taken off much faster. There is a high probability that the AI will pick it up, and provide it to the system, and offer to fill those two seats by finding the resource, as well as bringing in the monetary support that is needed,
In case we cannot find them as a means of collaboration for profit in the future.
There is also a way within Yucreat, that is in there, which is that some other people can pay for them so they can fill that seat, and let's say Person C pays for resource A, then Person C become the person who's going to be part of the Yucreat project, instead of Person A, and so forth. So this is the way the AI helps and from this, once it selects one good project, It is then being pushed forward until its completion.
Q7. How can Yucreat be useful outside the business framework?
It was, at the first spot for specific individuals and a start-up business as well, but mainly by developing the concept and the platform, it was thought that there was no need to defend or differentiate the two both could win on the platform and be an asset to the other one. There was no need to just say, well, is it good for one or the other. I mean, it says good, if someone wants to build some electrical motor with just two bearings inside of their shop in India and they're alone, and they would need some help from other people to provide some skills and material, it's good, as well as.
If you're a company and you want to partake in a project by providing some non used resource and widening your income stream it is also a very good possibility as well to input to implicate this business as a participant in someone else's project to widen their income stream. So, also, it is important to know that we're not keeping people captive in Yucreat so it's not about you signed up here, you can't go if you agree with all your team to take everything outside of the platform and deal outside of it, it is possible, so we're a decentralized system we're not there to put people in prison and then to rules that they can't ever get out but if you're a group of 15, and the whole 15 members decided to leave and do everything outside Yucreat then that group loses its ability to receive the payments on every sale that is made and so forth. So, maybe a start-up group can be done for several months or a year, and then they would decide to leave the platform to do different things differently, but then the smaller player would be losing their advantage of having protection in terms of income.
Q8. Speaking about CryptoYUC - your native token, what are the features that make it stand out from the other cryptos on the market?
We have set up in a way that we're using the code of the Litecoin, which is very efficient. It's written on the script algorithm. So it's lower and the requirement of electricity than the Bitcoin by a lot can be mined by pretty much any type of machine from a CPU, of course, it is possible to mine through ASICS miners.
The main advantage that we have, to provide an extremely low amount of fees to people so it mimics the fees of the light coin, and then from this if you will keep a balance of crypto yuc inside of your account, Let's say you would have some platform fees to pay or any trading fees or things like this. These can be covered with a discount. In the same way, Binance is doing with its trading fees. If you own any BNB coin, they reduce your trading fees by like 50%. So, this is another advantage, as well as any conversion between our YUCs and iYUCs. iYUCs is our utility token from within the platform. So a lot of the sales that are going to go up the coin that will be generated are returned to the platform and is used to promote more and more projects and then deliver more and more projects, as well as doing some advertisement so it's all about bringing the fees to zero then, the crypto is used to also alleviate the fees and remove almost all the fees that we can find.
Q9. After scandalous claims against Bitcoin and its damaging effect on the environment, what has Yucreat done to minimize the harmful impact? How does it resonate with the project’s core mission?
Yes, of course. And on that we're already in the works of the staking process with our people, where we're going to have a certain limit of the number of miners that can mine. We're designing a process right now that's super interesting within containers, and that people can run on their servers. Ready to use, no hassle, little programming.
Q10. Finally, could you share what awaits the project ahead? Most importantly, what are the details of the upcoming events in August?
The timeline of Yucreat is based on roughly 10 years, starting from the sixth of August 2021 So there have been 10 years of planning right now into where the platform is going to deliver every year on the first of January, it's scheduled for the year that is coming. It’s goal ambitions and everything. But, of course, The main objective of Yucreat is to give more to people and bring the cost of everything to the lowest possible available price, the biggest capacity, the biggest opportunity as this is exactly why it was built and designed,
It is going to offer as many possibilities to everyone so no ideas are too small, or too big, everything should be possible within Yucreat. And this is exactly what we're aiming to do.