|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TABLE OF CONTENTS
|
|
|
Summary
Part A -
Information about the offeror or the person seeking admission to trading
Part B - Information about
the issuer, if different from the offeror or person seeking admission to trading
Part C- Information
about the operator of the trading platform in cases where it draws up the crypto-asset white paper and
information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second
subparagraph, of Regulation (EU) 2023/1114
Part D - Information about the crypto-asset project
Part
E - Information about the offer to the public of crypto-assets or their admission to trading
Part F -
Information about the crypto-assets
Part G - Information on the rights and obligations attached to the
crypto-assets
Part H - information on the underlying technology
Part I - Information on
risks
Part J - Information on the sustainability indicators in relation to adverse impact on the
climate and other environment-related adverse impacts
|
|
|
|
|
|
|
I.01: Date of
notification |
|
|
2026-01-23
|
|
|
|
|
|
|
I.02: Statement in
accordance with Article 6(3) of Regulation (EU) 2023/1114 |
|
|
This crypto-asset white paper has not been approved by any competent authority in any
Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content
of this crypto-asset white paper. Where relevant in accordance with Article 6(3), second subparagraph of
Regulation (EU) 2023/1114, reference shall be made to 'person seeking admission to trading' or to
'operator of the trading platform' instead of 'offeror'.
true
|
|
|
|
|
|
|
I.03: Compliance
statement in accordance with Article 6(6) of Regulation (EU) 2023/1114 |
|
|
This crypto-asset white paper complies with
Title II of Regulation (EU) 2023/1114 and, to
the best of the knowledge of the management body, the information presented in the crypto-asset white
paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to
affect its import.
true
|
|
|
|
|
|
|
I.04: Statement in
accordance with Article 6(5), points (a), (b), (c) of Regulation (EU) 2023/1114 |
|
|
The crypto-asset referred to in this white paper may lose its value in part or in full,
may not always be transferable and may not be liquid.
true
|
|
|
|
|
|
|
I.05: Statement in
accordance with Article 6(5), point (d) of Regulation (EU) 2023/1114 |
|
|
true
|
|
|
|
|
|
|
I.06: Statement in
accordance with Article 6(5), points (e) and (f) of Regulation (EU) 2023/1114 |
|
|
The crypto-asset referred to in this white paper is not covered by the investor
compensation schemes under Directive 97/9/EC of the European Parliament and of the Council. The
crypto-asset referred to in this white paper is not covered by the deposit guarantee schemes under
Directive 2014/49/EU of the European Parliament and of the Council.
true
|
|
|
|
|
|
|
Summary |
|
|
I.07: Warning in accordance with Article 6(7),
second subparagraph of Regulation (EU) 2023/1114 |
Warning This summary should be read as an introduction to the crypto-asset white paper.
The prospective holder should base any decision to purchase this crypto-asset on the content of the
crypto-asset white paper as a whole and not on the summary alone. The offer to the public of this
crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such
offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the
applicable national law. This crypto-asset white paper does not constitute a prospectus as referred to in
Regulation (EU) 2017/1129 of the European Parliament and of the Council (36) or any other offer document
pursuant to Union or national law.
|
|
|
I.08: Characteristics of the crypto-asset |
$YOM is a utility token used to
access services in the YOM network. It grants no ownership, profit, governance, or redemption rights.
Rights are exercised only through functional use of the token on the platform. The issuer may make
technical or regulatory updates to the token’s functionality without granting financial rights.
|
|
|
I.09: |
$YOM provides
access to YOM network services on a usage basis, subject to network availability and conditions. Service
quality and quantity may vary and are not guaranteed. Tokens are freely transferable, subject to
applicable law and technical constraints, and transfers do not grant additional rights.
|
|
|
I.10: Key information about the offer to the
public or admission to trading |
$YOM has a fixed maximum supply of 750,000,000 tokens created at TGE. No broad public ICO was conducted.
Any limited sales were subject to eligibility and compliance checks. Admission to trading is sought; no
minimum or maximum subscription targets or guaranteed pricing apply.
|
|
|
|
|
Part A -
Information about the offeror or the person seeking admission to trading |
|
|
A.1: Name |
YOM
Foundation
|
|
|
A.2: Legal form |
FDN – Foundation (non-profit foundation)
|
|
|
A.3: Registered address |
SC – 306 Victoria House, Victoria, Mahé, Seychelles
|
|
|
A.4: Head office |
SC – Same as registered address: 306 Victoria House, Victoria, Mahé, Seychelles
|
|
|
A.5: Registration Date |
2024-04-16
|
|
|
A.6: Legal entity identifier |
254900ARU0VC1WY6GJ71 (Alternative identifier: Company Number 001182, Seychelles)
|
|
|
A.7: Another identifier required pursuant to
applicable national law |
The offeror is registered in Seychelles; the applicable national identifier is the Company
Number 001182, which is disclosed for identification purposes.
|
|
|
A.8: Contact telephone number |
+31627389303
|
|
|
A.9: E-mail address |
info@yom.net
|
|
|
A.10: Response Time (Days) |
2 days
|
|
|
A.11: Parent Company |
The offeror is an independent foundation and does not have a parent company.
|
|
|
A.12: Members of the Management body |
The management body of the offeror
consists of the following persons, who effectively direct the activities and governance of the
foundation:
Jorrit Petrus Ignatius Velzeboer, business address: Harz 74, 3524 DC Utrecht, Netherlands. Function:
Councillor of YOM Foundation and Chief Executive Officer of the YOM group; responsible for overall
management, strategic direction, business operations, technical leadership, and fundraising.
Jeffrey John Outlaw, business address: 227 Chestnut Springs Way, Williamston, South Carolina 29697,
United States of America. Function: Councillor of YOM Foundation and Chief Operating Officer of the YOM
group; responsible for operational execution, product and ecosystem oversight, delivery management, and
coordination of day-to-day activities.
Andrew Kenneth Pringle, business address: 63A Calle Josep de Gener, 08870 Sitges, Barcelona, Spain.
Function: Councillor of YOM Foundation and Chief Commercial Officer of the YOM group; responsible for
commercial strategy, partnerships, enterprise sales, and market development.
|
|
|
A.13: Business Activity |
YOM Foundation’s business activity is the issuance and stewardship of the $YOM utility
token and the operation of the associated ecosystem framework that supports YOM – The Instant Play
Network, a decentralised cloud-gaming/interactive 3D streaming infrastructure. Its principal activities
include maintaining and administering the token system (including network incentives and ecosystem
programmes), supporting development and growth of the YOM network, and funding ecosystem operations in
line with its non-profit mandate. The token and network are intended for use by participants globally
(gamers, node operators and game developers/publishers), with the principal markets being international,
including the European Union where the offer/admission to trading is contemplated.
|
|
|
A.14: Parent Company Business Activity |
Not applicable. The offeror (YOM
Foundation) is an independent foundation and does not have a parent company; therefore there is no parent
company business or professional activity to disclose.
|
|
|
A.15: Newly Established |
TRUE
|
|
|
A.16: Financial condition for the past three
years |
Not applicable. The
offeror (YOM Foundation) has not been established for the past three years (incorporated 16 April 2024),
therefore a three-year historical financial condition review cannot be provided; instead, the offeror’s
financial condition since registration is disclosed under A.17, based on the financial information
available to date.
|
|
|
A.17: Financial condition since registration
|
YOM Foundation was incorporated
on 16 April 2024 and is an early-stage, non-profit foundation. Since registration, its financial
condition reflects its role as an ecosystem steward rather than a commercial operating entity. Activities
have focused on supporting the development and launch of the YOM ecosystem, including token
administration, ecosystem incentives, compliance, and operational coordination. Funding to date has
primarily consisted of allocated token reserves and group-level funding arrangements used for development
support, professional services, liquidity-related activities, and administrative costs. The Foundation
has not incurred material long-term liabilities.
|
|
|
|
|
Part B -
Information about the issuer, if different from the offeror or person seeking admission to trading |
|
|
B.1: Issuer different from offeror or person
seeking admission to trading |
FALSE
|
|
|
B.2: Name |
Not applicable (issuer is the same as offeror)
|
|
|
B.3: Legal form |
Not applicable (issuer is the same as offeror)
|
|
|
B.4: Registered address |
Not applicable (issuer is the same as offeror)
|
|
|
B.5: Head office |
Not applicable (issuer is the same as offeror)
|
|
|
B.6: Registration Date |
Not applicable (issuer is the same as offeror)
|
|
|
B.7: Legal entity identifier |
Not applicable (issuer is the same as offeror)
|
|
|
B.8: Another identifier required pursuant to
applicable national law |
Not applicable (issuer is the same as offeror)
|
|
|
B.9: Parent Company |
Not applicable (issuer is the same as offeror)
|
|
|
B.10: Members of the Management body |
Not applicable (issuer is the same as offeror)
|
|
|
B.11: Business Activity |
Not applicable (issuer is the same as offeror)
|
|
|
B.12: Parent Company Business Activity |
Not applicable (issuer is the same as offeror)
|
|
|
|
|
Part C-
Information about the operator of the trading platform in cases where it draws up the crypto-asset white
paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1),
second subparagraph, of Regulation (EU) 2023/1114 |
|
|
C.1: Name |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.2: Legal form |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.3: Registered address |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.4: Head office |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.5: Registration Date |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.6: Legal entity identifier of the operator of
the trading platform |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.7: Another identifier required pursuant to
applicable national law |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.8: Parent Company |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.9: Reason for Crypto-Asset White Paper
Preparation |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.10: Members of the Management body |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.11: Operator Business Activity |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.12: Parent Company Business Activity |
Not applicable (no operator is drawing up this white paper)
|
|
|
C.13: Other persons drawing up the crypto-
asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 |
Not applicable (no other persons are drawing up this white paper)
|
|
|
C.14: Reason for drawing the white paper by
persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 |
Not applicable (no other persons are drawing up this white paper)
|
|
|
|
|
Part D -
Information about the crypto-asset project |
|
|
D.1: Crypto-asset project name |
YOM
|
|
|
D.2: Crypto-assets name |
$YOM
|
|
|
D.3: Abbreviation |
YOM
|
|
|
D.4: Crypto-asset project description |
YOM – The Instant Play Network is a
decentralised cloud gaming and interactive 3D streaming project that enables users to instantly access
high-quality games and experiences on any device without downloads or specialised hardware. The project
coordinates a distributed network of participant-operated computing nodes to stream content efficiently
and at lower cost than traditional centralised solutions. The $YOM utility token is used within the
ecosystem to access network services and to incentivise participants who contribute resources, supporting
the operation and growth of the YOM network on a global basis.
|
|
|
D.5: Details of all natural or legal persons
involved in the implementation of the crypto-asset project |
YOM Foundation, a Seychelles foundation, acts as the issuer of the $YOM utility token and
is responsible for ecosystem governance, treasury administration, and compliance oversight. Its
registered address is 306 Victoria House, Victoria, Mahé, Republic of Seychelles.
YOM UK Ltd, a private limited company incorporated in the United Kingdom, functions as an affiliated
intellectual property entity, providing licensing of core intellectual property to the YOM ecosystem. Its registered address is 5 Mayfield Drive, Windsor, Berkshire, SL4 4RB, United Kingdom.
YOM B.V., a Dutch private limited company, supports operational execution and commercial delivery of the
project, including platform development and business operations in Europe, within the YOM group
structure.
Key management and development personnel
Jorrit Velzeboer is Founder and Chief Executive Officer of the YOM group, responsible for overall
strategy and technical leadership.
Andrew Pringle serves as Chief Commercial Officer, responsible for commercial strategy and partnerships.
Jeffrey John Outlaw serves as Chief Operating Officer, responsible for operational execution and
ecosystem delivery.
Rohan Solanki serves as Chief Technology Officer, responsible for cloud infrastructure, blockchain
engineering, and core technical architecture.
Jeroen Elout serves as Chief Marketing Officer, responsible for marketing, communications, and community
growth.
The project is further supported by a development team of engineers and specialists responsible for
software development, network optimisation, infrastructure, quality assurance, and operations.
Advisors
The project is advised by industry professionals providing expertise in gaming, enterprise business
development, infrastructure, sustainability, and tokenomics, including Kim Nordström, John Kavanagh,
James Hursthouse, David Palmer, Train Chiou, Eron Bloomgarden, and Cyxnis / DEX Laboratory.
Service providers and partners
The project engages third-party service providers and partners, including market-making and liquidity
providers, smart-contract security auditors, legal counsel, token distribution and verification
platforms, marketing agencies, and hardware and logistics partners. Strategic investment and ecosystem
support has been provided by entities including Avalanche Foundation, Borderless Capital, Outlier
Ventures, and CV VC.
|
|
|
D.6: Utility Token Classification |
TRUE
|
|
|
D.7: Key Features of Goods/Services for Utility
Token Projects |
The YOM
crypto-asset project develops and operates a decentralised cloud gaming and interactive 3D streaming
network that enables end users to access high-quality games and experiences instantly on standard
consumer devices without local downloads or specialised hardware. The core service coordinates a
distributed network of participant-operated computing nodes that stream content to users with low
latency, improving accessibility and reducing costs compared to traditional centralised cloud solutions.
The $YOM utility token is used within the ecosystem to access network services, facilitate usage of
streaming capacity, and incentivise participants who contribute resources to the network (such as node
operators). Additional features include support for game developers and publishers to deploy and
distribute content globally, automated settlement of network usage, and mechanisms to align network
growth with service demand. The services are designed to be used globally and are intended solely to
provide functional access to and participation in the YOM network rather than investment or profit
rights.
|
|
|
D.8: Plans for the token |
The
YOM crypto-asset project has progressed through
several preparatory and development phases and is designed to evolve in stages alongside the growth of
the YOM network.
Past milestones include the conceptual design of the YOM ecosystem, development of the core decentralised
streaming infrastructure, formation of the YOM Foundation as the issuing and governance entity, and the
creation of the $YOM utility token. Initial testing and pilot activities have been conducted to validate
the technical feasibility of the network and the intended utility of the token, alongside onboarding of
early ecosystem participants such as developers, node operators, and partners. Governance, compliance,
and operational frameworks have been established to support the issuance and management of the token.
Current milestones focus on expanding network readiness and ecosystem participation, including continued
development and optimisation of the platform, preparation for broader user access, refinement of token
utility mechanisms, and steps toward admission of the token to trading on crypto-asset trading platforms.
Ongoing efforts also include ecosystem growth initiatives, security reviews, and the establishment of
operational and support processes appropriate for wider adoption.
Future milestones are intended to centre on scaling the YOM network, increasing the availability and
quality of services offered through the platform, and expanding the practical use of the $YOM token
within the ecosystem. Planned developments include broader geographic coverage, onboarding of additional
content providers and node operators, enhancements to network performance and reliability, and
progressive decentralisation of certain ecosystem functions where appropriate. The evolution of the
token’s utility is expected to remain aligned with actual network usage and service demand, with any
material changes to the project or token arrangements to be communicated in accordance with applicable
regulatory requirements.
|
|
|
D.9: Resource Allocation |
Resources have already been allocated to the YOM
crypto-asset project in line with its development stage and non-profit mandate. Financial resources
allocated to date have been used primarily for platform development and testing, ecosystem preparation,
professional and compliance services (including legal, regulatory, and audit support), security reviews,
operational setup, and initial ecosystem growth initiatives. These resources have been sourced from a
combination of internal group funding, early revenues generated from pilot and test activities, and token
allocations reserved for ecosystem development, liquidity support, and operational purposes as described
in the project documentation.
In addition to financial resources, significant non-financial resources have been allocated, including
the time and expertise of the core development, operations, and management teams, as well as
contributions from advisors and external service providers (such as infrastructure partners, auditors,
and legal counsel). Hardware, software, and technical infrastructure resources have also been committed
to support development, testing, and early operation of the YOM network.
Resource allocation to date has been staged and proportionate to the project’s current phase, with
expenditure focused on establishing a functional and compliant foundation for the network and the
practical utility of the $YOM token. Further allocation of resources is expected to remain aligned with
actual network development and adoption, subject to governance decisions and applicable regulatory
requirements.
|
|
|
D.10: Planned Use of Collected Funds or
Crypto-Assets |
Where funds or other
crypto-assets are collected in connection with the $YOM utility token or related ecosystem activities,
they are intended to be used solely to support the development, operation, and growth of the YOM
crypto-asset project and its services, including the project’s objective of progressively decentralising
infrastructure and, where applicable, governance. Planned uses include continued development and
maintenance of the network and platform, security reviews and audits, ecosystem incentives to support
decentralised participation (including node operators and developers), operational and administrative
costs, professional services (legal, regulatory, accounting, and compliance), and liquidity and
market-support arrangements. Funds may also be used to support technical evolution and scaling of the
decentralised architecture (including upgrades, interoperability, and, where relevant, network
migrations), and to support the gradual introduction of community governance mechanisms (e.g., DAO
tooling and processes) in line with the project roadmap and applicable regulatory requirements. No
collected funds or crypto-assets are intended to be used for the distribution of profits, dividends, or
returns to token holders.
|
|
|
|
|
Part E -
Information about the offer to the public of crypto-assets or their admission to trading |
|
|
E.1: Public Offering or Admission to trading
|
Admission to trading
|
|
|
E.2: Reasons for Public Offer or Admission to
trading |
The admission of the
$YOM utility token to trading is sought to support the effective functioning, accessibility, and
decentralised growth of the YOM crypto-asset project. Admission to trading is intended to facilitate
broader access to the token for users and ecosystem participants who require $YOM to utilise network
services and to participate in the operation of the decentralised infrastructure. It also enables
liquidity and price discovery necessary for the practical use of the token within the ecosystem,
including by node operators, developers, and other service participants.
Any funds or crypto-assets collected in connection with admission to trading are intended to be used
solely to support the development, operation, and scaling of the YOM network and its services. This
includes continued technical development and maintenance, ecosystem incentives to encourage decentralised
participation, security audits and compliance activities, operational and administrative costs, liquidity
and market-support arrangements, and initiatives that support the project’s objective of progressively
decentralising infrastructure and, where applicable, governance. No funds are intended to be used for the
distribution of profits, dividends, or returns to token holders.
|
|
|
E.3: Fundraising Target |
|
|
|
E.4: Minimum Subscription Goals |
|
|
|
E.5: Maximum Subscription Goal |
|
|
|
E.6: Oversubscription Acceptance |
|
|
|
E.7: Oversubscription Allocation |
|
|
|
E.8: Issue Price |
|
|
|
E.9: Official currency or any other crypto-
assets determining the issue price |
|
|
|
E.10: Subscription fee |
Not applicable (admission to trading only, no public offer)
|
|
|
E.11: Offer Price Determination Method |
Not applicable (admission to trading only, no public offer)
|
|
|
E.12: Total Number of Offered/Traded Crypto-
Assets |
750,000,000
|
|
|
E.13: Targeted Holders |
ALL
|
|
|
E.14: Holder restrictions |
Holding, transfer, or use of the crypto-asset may
be restricted in certain jurisdictions where such activities are prohibited or restricted by applicable
laws or regulations, including sanctions regimes. No additional restrictions are imposed by the issuer
beyond compliance with applicable law.
|
|
|
E.15: Reimbursement Notice |
Not applicable (admission to trading only, no public offer)
|
|
|
E.16: Refund Mechanism |
Not applicable (admission to trading only, no public offer)
|
|
|
E.17: Refund Timeline |
Not applicable (admission to trading only, no public offer)
|
|
|
E.18: Offer Phases |
Not applicable (admission to trading only, no public offer)
|
|
|
E.19: Early Purchase Discount |
Not applicable (admission to trading only, no public offer)
|
|
|
E.20: Time-limited offer |
Not applicable (admission to trading only, no public offer)
|
|
|
E.21: Subscription period beginning |
Not applicable (admission to trading only, no public offer)
|
|
|
E.22: Subscription period end |
Not applicable (admission to trading only, no public offer)
|
|
|
E.23: Safeguarding Arrangements for Offered
Funds/Crypto-Assets |
Not applicable (admission to trading only, no public offer)
|
|
|
E.24: Payment Methods for Crypto-Asset Purchase
|
Not applicable (admission to trading only, no public offer)
|
|
|
E.25: Value Transfer Methods for Reimbursement
|
Not applicable (admission to trading only, no public offer)
|
|
|
E.26: Right of Withdrawal |
Not applicable (admission to trading only, no public offer)
|
|
|
E.27: Transfer of Purchased Crypto-Assets |
Not applicable (admission to trading only, no public offer)
|
|
|
E.28: Transfer Time Schedule |
Not applicable (admission to trading only, no public offer)
|
|
|
E.29: Purchaser's Technical Requirements |
Not applicable (admission to trading only, no public offer)
|
|
|
E.30: Crypto-asset service provider (CASP) name
|
Not applicable (admission to trading only, no public offer)
|
|
|
E.31: CASP identifier |
Not applicable (admission to trading only, no public offer)
|
|
|
E.32: Placement form |
NTAV
|
|
|
E.33: Trading Platforms name |
Admission to trading of $YOM is sought simultaneously on the following MiCAR-authorised crypto-asset service providers: (1) Bitvavo B.V. (Amsterdam, Netherlands), supervised by the Autoriteit Financiële Markten (AFM); and (2) Payward Global Solutions Limited, trading as Kraken (Dublin, Ireland), supervised by the Central Bank of Ireland. Both platforms are expected to commence trading on or around the same date.
|
|
|
E.34: Trading Platforms Market Identifier Code
(MIC) |
VAVO, PGSL
|
|
|
E.35: Trading Platforms Access |
Bitvavo is accessible via web (bitvavo.com) and mobile applications to verified users in all EEA member states. Kraken is accessible via web (kraken.com) and mobile applications to verified users in all EEA member states. Both platforms require user identity verification in accordance with applicable regulations.
|
|
|
E.36: Involved costs |
Investors may incur third-party costs associated with accessing and using crypto-asset
trading platforms, such as trading fees, custody fees, or network transaction fees, which are determined
by the relevant platform or service provider and are outside the control of the issuer.
|
|
|
E.37: Offer Expenses |
Not applicable (admission to trading only, no public offer)
|
|
|
E.38: Conflicts of Interest |
Certain persons involved in the project may
hold, have acquired, or may in the future acquire crypto-assets of the same type as those admitted to
trading, or may have professional or commercial relationships with service providers involved in the
project. Such situations may give rise to potential conflicts of interest, which are managed through
internal governance arrangements and disclosure practices.
|
|
|
E.39: Applicable law |
Law of Seychelles
|
|
|
E.40: Competent court |
Courts of the Republic of Seychelles
|
|
|
|
|
Part F -
Information about the crypto-assets |
|
|
F.1: Crypto-Asset Type |
Utility token
|
|
|
F.2: Crypto-Asset Functionality |
The $YOM crypto-asset is a utility token
used to access and operate within the YOM network. It enables access to decentralised cloud gaming and
interactive 3D streaming services and is used for per-session settlement of computing services provided
by network participants. Compensation is based on actual services delivered rather than fixed or passive
returns. The token does not confer ownership, profit, dividend, redemption, or governance rights and is
usable only for its functional purpose within the YOM ecosystem.
|
|
|
F.3: Planned Application of Functionalities
|
The functionalities of the $YOM
crypto-asset are planned to apply progressively as the YOM network is rolled out. Core functionalities,
including access to network services and per-session, usage-based settlement, are intended to be
available once the network is operational. Additional functionalities may be introduced over time
depending on network readiness, technical development, regulatory requirements, and adoption.
|
|
|
A description of
the characteristics of the crypto-asset, including the data necessary for classification of the crypto-asset
white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in
accordance with paragraph 8 of that Article |
|
|
F.4: Type of white paper |
OTHR
|
|
|
F.5: The type of submission |
NEWT
|
|
|
F.6: Crypto-Asset Characteristics |
The $YOM crypto-asset is a digital utility
token issued on a distributed ledger and designed for functional use within the YOM ecosystem. It has a
fixed maximum supply and is freely transferable on supported blockchain networks, subject to applicable
laws and technical constraints. The token is divisible, enabling its use for micro-transactions and
usage-based settlement within the network.
The $YOM token is used operationally to access services and to settle network usage, including
compensating participants who provide computing resources on a per-session basis according to actual
services delivered. The token does not represent a claim on the issuer or any affiliated entity and does
not confer ownership, profit participation, dividend rights, redemption rights, or voting or governance
rights.
The value and utility of the $YOM token depend on the availability, adoption, and usage of the YOM
network and its services. The token is not designed to maintain a stable value, is not backed by assets
or guarantees, and may be subject to market volatility. Its characteristics are limited to its intended
functional role within the YOM ecosystem.
|
|
|
F.7: Commercial name or trading name |
YOM Foundation
|
|
|
F.8: Website of the issuer |
www.yom.net
The issuer (YOM Foundation) does not maintain a separate standalone website. The above website is the
official project website for the YOM crypto-asset project, operated by an affiliated group entity, and
provides information relevant to the issuer and the crypto-asset.
|
|
|
F.9: Starting date of offer to the public or
admission to trading |
2026-03-25
|
|
|
F.10: Publication date |
2026-03-15
|
|
|
F.11: Any other services provided by the issuer
|
The issuer, YOM Foundation,
does not provide additional commercial or regulated services to the public beyond its role as issuer and
steward of the $YOM utility token and the associated ecosystem. Its activities are limited to non-profit
ecosystem support functions, including token issuance and administration, ecosystem funding and
coordination, and governance-related activities connected to the YOM crypto-asset project.
The issuer does not provide crypto-asset services as defined under Regulation (EU) 2023/1114 (MiCA), nor
does it provide financial, payment, custody, exchange, investment, or advisory services under Union or
national law. Any operational, technical, or commercial services relating to the YOM project are carried
out by affiliated operating entities or third-party service providers and are subject to their respective
applicable laws and regulatory regimes.
|
|
|
F.12: Identifier of operator of the trading
platform |
Not applicable.
|
|
|
F.13: Language or languages of the white paper
|
English
|
|
|
F.14: Digital Token Identifier Code used to
uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates,
where available |
Not available.
|
|
|
F.15: Functionally Fungible Group Digital Token
Identifier, where available |
Not available.
|
|
|
F.16: Voluntary data flag |
FALSE
|
|
|
F.17: Personal data flag |
TRUE
|
|
|
F.18: LEI eligibility |
TRUE
|
|
|
F.19: Home Member State |
Ireland
|
|
|
F.20: Host Member States |
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
|
|
|
|
|
Part G -
Information on the rights and obligations attached to the crypto-assets |
|
|
G.1: Purchaser Rights and Obligations |
Purchasers acquire a utility token
usable solely within the YOM network to access services and, where applicable, participate in network
operations. The token confers no ownership, profit, dividend, governance, redemption, or voting rights,
and no claim on assets or revenues. Purchasers must comply with applicable laws and network rules and
bear all risks associated with holding and using the token.
|
|
|
G.2: Exercise of Rights and obligations |
Rights are exercised exclusively
through functional use of the $YOM token within the YOM network via supported technical interfaces. Use
is subject to network availability, technical requirements, and compliance with applicable laws and
network terms. No off-chain or discretionary exercise of rights exists.
|
|
|
G.3: Conditions for modifications of rights and
obligations |
Rights and
obligations may be modified only to reflect technical, security, legal, or regulatory requirements or
network evolution. Any modifications relate solely to functional use and will be applied transparently,
non-discriminatorily, and in compliance with applicable law.
|
|
|
G.4: Future Public Offers |
No future public offers of the $YOM crypto-asset
are planned. This white paper concerns admission to trading only. Any future public offer would require
separate regulatory assessment and disclosure.
|
|
|
G.5: Issuer Retained Crypto-Assets |
281,250,000 tokens (37.5% of total supply) retained under OPEX allocation.
Token Allocation Breakdown (total supply: 750,000,000):
- OPEX: 37.5% (281.25M) - 20% TGE unlock, 9 month cliff, 30 month linear vesting
- Ecosystem: 34.9% (261.75M) - 20% TGE unlock, 6 month cliff, 18 month linear vesting
- Liquidity Pool: 12% (90M) - 35% TGE unlock, 6 month cliff, 24 month linear vesting
- Community: 9.1% (68.25M) - Variable TGE, 3-9 month cliff, up to 18 month linear vesting
- CEX Round: 3.2% (24M) - 33% TGE unlock, 6 month cliff, 67% at cliff
- Private Round: 3% (22.5M) - 10% at cliff, 3 month cliff, 12 month linear vesting
- KOLs: 0.1% (0.75M) - 25% TGE unlock, no cliff, 4 month linear vesting
- Collabs: 0.1% (0.75M) - 10% at cliff, 6 month cliff, 12 month linear vesting
OPEX supports adoption initiatives, exchange listings, and grants aligned with the non-profit mission.
Ecosystem tokens are reserved for node operators. Liquidity Pool facilitates DEX/CEX trading via LayerZero.
TGE FDV: $75,000,000 at TGE price of $0.10.
|
|
|
G.6: Utility Token Classification |
TRUE
|
|
|
G.7: Key Features of Goods/Services of Utility
Tokens |
The $YOM token
provides access to decentralised cloud gaming and interactive 3D streaming services. Service quality and
availability depend on network conditions and may vary by location and time. Access is usage-based and
not tied to fixed quantities or guaranteed performance levels.
|
|
|
G.8: Utility Tokens Redemption |
The $YOM token is redeemed solely through
functional use within the YOM network to access services or settle usage. No cash, asset, or financial
redemption is available.
|
|
|
G.9: Non-Trading request |
FALSE
|
|
|
G.10: Crypto-Assets purchase or sale modalities
|
Not applicable (this whitepaper relates to admission to trading only)
|
|
|
G.11: Crypto-Assets Transfer Restrictions |
None. The $YOM crypto-asset is
freely transferable, subject only to compliance with applicable laws (including sanctions, AML/CTF),
court orders, and temporary technical or security measures of the underlying blockchain.
|
|
|
G.12: Supply Adjustment Protocols |
FALSE
|
|
|
G.13: Supply Adjustment Mechanisms |
|
|
|
G.14: Token Value Protection Schemes |
FALSE
|
|
|
G.15: Token Value Protection Schemes
Description |
|
|
|
G.16: Compensation Schemes |
FALSE
|
|
|
G.17: Compensation Schemes Description |
|
|
|
G.18: Applicable law |
Law of the Republic of Seychelles
|
|
|
G.19: Competent court |
The courts of the Republic of Seychelles.
|
|
|
|
|
Part H -
information on the underlying technology |
|
|
H.1: Distributed ledger technology |
The $YOM crypto-asset is issued and
transferred via smart contracts on the Avalanche network (C-Chain / YOM L1), an EVM-compatible
proof-of-stake blockchain using distributed ledger technology. The token uses the ERC-20 standard
with 18 decimals. Cross-chain availability is provided via LayerZero integration on Base, BSC,
Solana, Avalanche C-Chain, and Ethereum.
|
|
|
H.2: Protocols and technical standards |
The $YOM crypto-asset uses the ERC-20
token standard on EVM-compatible smart contracts. Cross-chain bridging is provided via the LayerZero
OFT (Omnichain Fungible Token) standard. Supported chains include Avalanche C-Chain (home chain),
Base, BSC, Solana, and Ethereum. Transactions follow the rules of the underlying blockchain protocols.
|
|
|
H.3: Technology Used |
The
$YOM crypto-asset can be held and transferred using compatible third-party digital
wallets. Holders are responsible for key and wallet security.
|
|
|
H.4: Consensus Mechanism |
The Avalanche network uses a proof-of-stake–based
consensus mechanism (Avalanche consensus) operated by independent validators. The consensus protocol
provides fast finality and high throughput while maintaining decentralisation.
|
|
|
H.5: Incentive Mechanisms and Applicable Fees
|
Transaction security is
provided by the underlying blockchain’s validator incentives. Network transaction fees (gas fees) may
apply and are paid to validators.
|
|
|
H.6: Use of Distributed Ledger Technology |
TRUE
|
|
|
H.7: DLT Functionality Description |
Smart contracts on the Avalanche C-Chain (EVM-compatible
proof-of-stake blockchain) for token issuance, transfer, and management. LayerZero integration enables
cross-chain token transfers to Base, BSC, Solana, and Ethereum.
|
|
|
H.8: Audit |
TRUE
|
|
|
H.9: Audit outcome |
An
independent security audit was conducted on relevant smart contracts and did not
identify critical issues at the time of review.
|
|
|
|
|
Part I -
Information on risks |
|
|
I.1: Offer-Related Risks |
The admission to trading of the $YOM crypto-asset
involves risks typical of traded crypto-assets. The value of the crypto-asset may be volatile and
affected by market sentiment, liquidity, regulatory developments, or factors unrelated to the YOM
project. There is no guarantee that an active or liquid market will develop or continue. The crypto-asset
is not backed by assets or guarantees, and holders may lose part or all of their investment. Trading may
be disrupted or suspended due to technical, regulatory, or market-related events.
|
|
|
I.2: Issuer-Related Risks |
The issuer is an early-stage entity operating in a
rapidly evolving technological and regulatory environment. Its ability to support the YOM ecosystem
depends on continued operational, technical, and financial capacity and may be affected by limited
operating history, reliance on key personnel, or changing business conditions. The issuer faces legal and
regulatory risks across multiple jurisdictions, as well as operational, cybersecurity, governance, and
internal control risks. Any adverse developments affecting the issuer may negatively impact the utility
or value of the crypto-asset.
|
|
|
I.3: Crypto-Assets-related Risks |
The $YOM crypto-asset is a utility token
with no price stability and may experience significant volatility or loss of value. It is not backed by
assets, cash flows, or guarantees and does not provide redemption, profit, or ownership rights. The use
and transfer of the crypto-asset rely on blockchain infrastructure and smart contracts, which may be
affected by technical failures, security vulnerabilities, congestion, or protocol changes, potentially
reducing usability or value.
|
|
|
I.4: Project Implementation-Related Risks |
The implementation of the YOM
project involves execution, technical, and operational risks. Development or scaling of the network may
be delayed or fail due to technical complexity, security issues, third-party dependencies, or
insufficient adoption. Changes in market conditions, regulation, or technology may require adjustments to
the project’s roadmap or scope, which could affect network functionality or adoption.
|
|
|
I.5: Technology-Related Risks |
The YOM network relies on complex and evolving
technologies, including blockchain systems, smart contracts, and distributed infrastructure. These
technologies may contain errors, vulnerabilities, or limitations that could cause service disruptions,
security incidents, or loss of functionality. Dependence on third-party infrastructure and protocols
creates additional risks beyond the issuer’s control.
|
|
|
I.6: Mitigation measures |
The issuer applies mitigation measures such as
staged development, testing, monitoring, and security reviews to reduce technology-related risks.
Operational safeguards, redundancy, and update procedures are used where feasible. However, these
measures cannot fully eliminate the risk of technical failures, vulnerabilities, or service disruptions.
|
|
|
|
|
Part J -
Information on the sustainability indicators in relation to adverse impact on the climate and other
environment-related adverse impacts |
|
|
General
information |
|
|
S.1: Name |
YOM
Foundation
|
|
|
S.2: Relevant legal entity identifier |
Not applicable
|
|
|
S.3: Name of the crypto-asset |
YOM ($YOM)
|
|
|
S.4: Consensus Mechanism |
Proof-of-stake consensus mechanism (Avalanche
consensus) operated by the Avalanche network validators.
|
|
|
S.5: Incentive Mechanisms and Applicable Fees
|
Transaction validation is
secured by validator incentives. Network gas fees may apply.
|
|
|
S.6: Beginning of the period to which the
disclosure relates |
2025-01-01
|
|
|
S.7: End of the period to which the disclosure
relates |
2025-12-31
|
|
|
Mandatory key
indicator on energy consumption |
|
|
S.8: Energy consumption |
Not applicable
|
|
|
Sources and
methodologies |
|
|
S.9: Energy consumption sources and
methodologies |
The issuer does not
operate the distributed ledger. Energy consumption and emissions data for the underlying Avalanche
proof-of-stake blockchain are determined by validators, not by the issuer. Supplementary indicators
(S.10-S.14) are reported as 0 because the issuer has no controlled DLT infrastructure and cannot
directly measure or report these values. The Avalanche network uses proof-of-stake consensus, which
is significantly more energy-efficient than proof-of-work systems.
|
|
|
Supplementary key
indicators on energy and GHG emissions |
|
|
S.10: Renewable energy consumption |
0
|
|
|
S.11: Energy intensity |
0
|
|
|
S.12: Scope 1 DLT GHG emissions – Controlled
|
0
|
|
|
S.13: Scope 2 DLT GHG emissions – Purchased
|
0
|
|
|
S.14: GHG intensity |
0
|
|
|
Sources and
methodologies |
|
|
S.15: Key energy sources and methodologies |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.16: Key GHG sources and methodologies |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
Optional
indicators |
|
|
S.17: Energy mix |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.18: Energy use reduction |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.19: Carbon intensity |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.20: Scope 3 DLT GHG emissions - Value chain
|
|
|
|
S.21: GHG emissions reduction targets or
commitments |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.22: Generation of waste electrical and
electronic equipment (WEEE) |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.23: Non-recycled WEEE ratio |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.24: Generation of hazardous waste |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.25: Generation of waste (all types) |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.26: Non-recycled waste ratio (all types) |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.27: Waste intensity (all types) |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.28: Waste reduction targets or commitments
(all types) |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.29: Impact of the use of equipment on natural
resources |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.30: Natural resources use reduction targets
or commitments |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.31: Water use |
Not available (the issuer does not operate the underlying distributed ledger)
|
|
|
S.32: Non recycled water ratio |
Not available (the issuer does not operate the underlying distributed ledger)
|
|