They all have less than 23 years and live in or around Turin, these are in all a group of five boys who together became interested in cryptocurrency and initially ai Bitcoin. Their interest led them to study computer science together at the university and subsequently decided to found a Startup. From this idea was born the Youngplatform an innovative project that was funded through equity crowfunding on the Seedrs platform.
The goal of this Startup is the development by November of the creation of a Italian criptoexchange that it is simple to use and open to all. A platform that can be easily understood even by those who have no skills in the world of finance and have never approached digital currencies before, this is the main objective of the CEO of the company Andrea Ferrero. A need for simplification that comes from the awareness that the exchange platforms are not that simple to use.
A cryptocurrency for those who walk Stepdrop
In 2017 the project was started internally of the Turin Polytechnic incubator, and in December 2018 the first product linked to the future of the exchange was launched, namely Stepdrop.
The application Stepdrop is designed to be able to obtain a cryptocurrency every time you are walking. Just a simple installation on the smartphone and registering for the program after which you get a cryptocurrency on your Young token owned by the start-up for every time you start walking.
This application it has already been downloaded by 60 thousand users, which subsequently can potentially become customers of the future exchange of the Start up. The project at the moment has collected more than the first goal set on the ecquity crowfounding platform, in fact out of 500 thousand euros requested, 360 thousand investors arrived for a total of 550 thousand euros. At the moment, the company has opened three offices, one in Turin, one in Tallin and the last in London, to retain the community and better access to the English market.
An easy to use exchange
As we have mentioned the exchange which will be launched by the Italian Start Up will stand out from all the others because it will provide a simpler access system to the world of cryptocurrencies, thus creating a door between the traditional finance and that of digital currencies. Their commitment to this operation stems from when they first start using Bitcoins to shop anonymously. The team's five started with bitcoins and then went on to seriously study blockchain technology and thus becoming an integral part of this revolution.
