Incorporation Stage

The incorporation and formation of all YOC companies will commence once the fundraising goal is achieved. The funds raised will be released in a structured manner, following a series of macro and micro stages, with each stage representing a significant milestone in the company's development.

A dedicated leadership team will be appointed to lead the entire process, starting from the initial stages and overseeing the smooth execution of the incorporation and formation procedures. Their responsibilities include ensuring compliance with legal requirements, coordinating with relevant authorities, and managing the overall progress of the company formation.

The business plan of each project provides a detailed breakdown of the different stages and the respective allocation of resources. This includes the percentage of funds designated for each stage, allowing for transparency and accountability in the utilization of the raised capital.

As the stages progress and milestones are reached, the release of funds will be closely monitored and approved by the token holder community of each respective company. This community will play an active role in overseeing the proper allocation of resources and ensuring that the company's objectives and timelines are met.

By involving the token holder community in the monitoring and decision-making process, YOC emphasizes transparency, inclusivity, and alignment of interests between the company and its stakeholders. This collaborative approach fosters a sense of ownership and collective responsibility, ultimately driving the success of the company's incorporation and formation endeavors.

Once a Project Token reaches the minimum cap of 70% within the 3-month fundraising period, it will become a real company. At this point, YOC's admin takes several measures to facilitate the transition:

• A specific community is created for the company, providing a dedicated space for engagement and communication.

• Notifications are sent through the platform to all users, encouraging more investors and funds to participate in the project.

• The recruitment process for top management positions within the company begins, ensuring skilled professionals are brought on board.

Once the fundraising goal of 100% is achieved, further actions are taken by YOC's admin:

• The fundraising period ends, and the tokens are immediately enabled for trading on the secondary market.

• Notifications are sent through the platform to inform users of the successful completion of the fundraising and the availability of the tokens for trading.

• YOC's admin sets offers to sell and buy using the company's own tokens, stimulating liquidity in the market.

• Top management positions are filled, ensuring the company has competent leadership to drive its growth and success.

These measures ensure a smooth transition from the fundraising stage to the operational phase, creating opportunities for liquidity, growth, and effective management of the newly formed companies within the YOC ecosystem.