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YEM

YEM

Welcome to the YEM World

The YEM (Rainbow Currency) is different from other crypto currencies: the YEM was developed by more than 3700 Internet users as a counter-concept to Bitcoin and Co. in 2017. Privacy instead of anonymity, stability instead of volatility, fast, secure and inexpensive transactions, global tax security and easy handling are just some of the goals that the YEM should achieve. YEM stands for “Your Everyday Money”, because the Rainbow Currency is to be established worldwide as an alternative means of payment in everyday life.

NOVEMBER 2017 3725 Internet users start the Rainbow Currency together
DECEMBER 2017 The Rainbow Currency Foundation starts its work more info
FEBRUARY 2018 Federal Ministry of Finance confirms payment function more info
MARCH 2018 The first German property is paid for with YEM
AUGUST 2018 Moving to your own blockchain more info
SEPTEMBER 2018 First property entered in the digital land register
DECEMBER 2018 The first new car is paid for with YEM more info
FEBRUARY 2019 First German GmbH founded with YEM as share capital more info
MARCH 2019 Rainbow Currency Foundation receives INGO status
JULY 2019 First company acquisition 100% with YEM
AUGUST 2019 The first holiday apartments can be booked with YEM
SEPTEMBER 2019 The first German golf course accepts YEM

YEM

The first new car is paid for with YEM

In December 2018, the first sale of a new car in Germany takes place against payment with Rainbow Currency (YEM). A black Hyundai i10 from the Gerdes dealership in Oldenburg was previously auctioned in an online auction in which bids could only be submitted in the virtual currency YEM. After a couple of exciting weeks and over 2000 bids, the winner was able to receive the vehicle at the beginning of 2019, naturally labeled with “THE ERSTE KRYPTO MOBIL” and the logo of the Rainbow Currency.

A platform is currently being prepared on which Internet users can configure their dream vehicle and reserve it with the help of a smart contract. The net purchase price is then stored in TMC, the Mobility Coin in YEM World, and the vehicle is delivered on the desired date in 2020 or 2021. The possible saving is 50% and even more.


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YEM