Yamgo Is Launching Hedera Hbar Lite-Staking Members Club

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Club Yamgo is a non-custodial staking program that allows HBAR holders to earn rewards on the HBAR in their wallet

Yamgo, a Hedera Hashgraph Wallet App that rewards users for their digital actions with the hbar utility token, has announced the launch of Club Yamgo and a new way for Hedera Hashgraph enthusiasts to earn utility tokens and exclusive NFT metaverse rewards by joining Club Yamgo

Currently, Yamgo allows users to earn Hedera HBAR for activities such as watching videos and downloading apps, playing games, online shopping and more. Club Yamgo is a new addition to the platform that drastically increases the amount of rewards a user can earn by providing a lite-staking program to distribute rewards directly to members of the Hedera community.

Club Yamgo is an exclusive community that enables HBAR token holders to increase their assets while also helping to grow the Yamgo and Hedera ecosystems. Through Yamgo’s lite-staking program HBAR holders are able to earn daily rewards of Yamgo’s utility token and very soon metaverse NFT rewards without having to lock up or lose control of their HBAR. This enables people to capitalize on the intrinsic value of their HBAR without sacrificing control of their assets.

Speaking on the launch, Yamgo CEO Ian Mullins stated, “providing a members only social space with direct access to the leadership team and a reward mechanism to earn extra rewards on top of hbar proxy-staking will make Club Yamgo the best place to hangout. Club Yamgo is currently the only place you can earn $YAMGO utility tokens and exclusive NFTs.”

Club Yamgo is only accessible via invite or from a direct referral from existing Club members. The Club gives members the opportunity to network and share news directly with other engaged members of the Hedera community. Club Yamgo also presents the first, and currently only, way to acquire the YAMGO utility token and Yammieverse Genesis NFTS. Club members have the opportunity to earn several rewards including a joining bonus, a fixed daily $YAMGO reward, a share of a daily $YAMGO emittance pool with the exact rewards based on the amount of HBAR in their Hedera account.

Ryan Davies, Chief Product Officer at Yamgo, discussed the launch, “Club Yamgo and the Yammies Metaverse are huge additions to the ecosystem that Yamgo has been building on Hedera Hashgraph. Club Yamgo and our developing metaverse project will allow us to build a direct connection with an engaged and dedicated community on Hedera hashgraph. Our goal is to build an environment that enables brands to interact with consumers while fairly rewarding consumers for their time, data and attention. The focus of Club Yamgo is to create a strong community that supports projects developed on Hedera Hashgraph, including Yamgo, AdsDax, our upcoming metaverse project Yammies and, in future, other Hedera Hashgraph projects. The launch of Club Yamgo is the fulcrum on which we can build out our platform and bring brands and consumers closer together.”

Club Yamgo will initially launch with 100 invited members, each of whom will be able to refer new members to the Club.

About Yamgo

Yamgo is a UK-based technology company that leverages distributed ledger and web 3.0 business models to empower consumers to earn, spend and save and improve operational efficiency of businesses. Yamgo designs, develops and sells consumer and business services that include rewards, advertising, social networking, finance, AI & machine-learning tools, data management and R&D into tokenization, decentralised services and emerging automation technologies.

Yamgo merges rewards, data, fintech and identity to create a new relationship directly between brands and the consumer, while protecting the privacy and data of consumers. Through the development of blockchain technologies Yamgo is able to provide a consumer-first platform that enables users to get paid for life and earn digital assets for everyday actions, save them or spend them.

About Yammieverse Labs Ltd

Yammieverse Labs Ltd is the technical partner that will be responsible for issuing Yamgo tokens and Yammieverse NFTs, regulatory compliance and related R&D.

Issuance will be through Hedera Hashgraph with all the advantages that Hedera provides to its developers and users.

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Yamgo Ltd
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