YES WORLD Token, a well-known blockchain-based climate technology startup managed by Singapore-based YES WORLD Climate Tech Pte Ltd, has reached 100,000 holders. The number of YES WORLD Token holders has doubled in the last two months as a result of the high interest that the cryptocurrency has received from investors around the world.
What is YES WORLD?
It is a Singapore-based company, that manages the token. Basically, the company is a blockchain-based company focused on climate technology and working on green technology to reduce its carbon footprint. The local token used by YES WORLD for the Save Earth initiative is YES. Among the main goals of the company is to raise awareness about the problems caused by global warming to encourage people to take action to reduce their carbon footprints on the environment.
The Rapid Rise of YES WORLD
Alongside the same token price of the popular utility token, an increase in volume has also been observed. According to CoinMarketCap data, the price of the token has increased by more than 35% in the last three months, and chart analysis shows that this rise may continue in the coming months. As YES WORLD announced last week that the number of transactions had reached 1.5 million, there can undoubtedly be several thousand new customers purchasing the top service token each month.
Uses of the Token
A number of traders are currently accepting the token directly through POS Terminals installed at their actual locations. To use the token as payment, customers simply scan the barcode shown on the pay register on the POS Terminal. Many vending machines in many parts of the world accept the token as payment.
The token, introduced in the spring of 2022, has gained considerable popularity in the cryptocurrency service area. It is currently traded on a decentralized exchange called PancakeSwap alongside top centralized exchanges including XT.com and Coinsbit.io.
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