Lapoyoma announces YAM fund project for small businesses

Atlanta, April 25, 2022 (GLOBE NEWSWIRE) — Lapoyoma, one of the fastest growing blockchain payment networks, recently announced the imminent launch of the Lapoyoma YAM Funds project. This initiative will fund the activities of small business owners who intend to integrate their businesses into Lapoyoma’s decentralized payment infrastructure.

Program Terms: Entrepreneurs who accept the YAM token as payment for goods and services will be able to finance their business at a rate of 0%.

Lapoyoma YAM funds will 1) expand the Lapayoma community, and 2) revolutionize the buyer experience, who will now be able to make fast and secure purchases in cryptocurrency, while receiving additional cashback.

Crypto payment network for everyday use of convenience stores and gas stations

The combination of global inflation, the NFT revolution, and intrigue around metaverses has led to a rapid increase in interest in cryptocurrency. In fact, over the past year, the crypto economy has grown so much that there are now over 300 million unique cryptocurrency holders worldwide.

The more crypto users there are, the more cryptocurrency transactions will be made. This is why the possibility of retail crypto purchases tends to become real.

According to a recent study by Cantaloupe, 67% of cryptocurrency holders plan to use tokens for retail purchases. According to the same study, another 42 million users without cryptocurrencies plan to buy crypts for retail purchases in the future.

At the same time, more than half of cryptocurrency holders complain that too few sellers accept crypto payments. Unfortunately, in most developed countries, you can’t just come to the supermarket, choose a basket of goods and pay for it in cryptocurrency. Also, even though some sellers offer such an opportunity, be prepared to pay huge service fees for each transaction.

To solve this problem, Lapoyoma developers organize a payment system based on business needs. These developers have quite a unique background in retail. The list of such businesses includes grocery stores, convenience stores, and gas stations. They also developed the FYBN app, a retailer’s first sales tool. This app rates a business based on moving averages of domestic sales over the past 3 months. It also takes into account all the income and expenses, as well as other soft parameters and factors that determine the reliability of a business.

This valuable experience has allowed Lapoyoma developers to create a real functional ecosystem based on the needs of small businesses and their customers. Thanks to this, Lapoyoma solves several problems at once:

Problem #1: Risks for sellers

Although buyers are ready to purchase goods in cryptocurrencies, sellers are not ready to accept such payments. This is because cryptocurrencies are unregulated and highly volatile assets. The company is simply not ready for crypto risks.

Solution: Stablecoin YAM

Lapoyoma is a rapidly developing payment network that uses the YAM stablecoin pegged to the USDT exchange rate. Stablecoin allows you to completely avoid the risks of hyperinflation. In addition, companies can take advantage of the Lapoyoma YAM Funds initiative to finance their activities at a rate of 0%.

Problem: Underdeveloped cryptographic infrastructure

Overall, the infrastructure is not developed enough. It is not ready to integrate the crypto-economy into the retail and service sectors. Also, although there are payment cards that convert cryptocurrencies into fiat assets, it is very unprofitable to use them due to high service fees.

Solution: Stablecoin YAM

Thanks to Lapemoma’s initiatives, YAM holders can easily shop at all stores integrated into the ecosystem. In addition to low gas costs and minimal service charges, the user will benefit from special discounts, reduced transaction costs and accelerated settlement time. Additionally, the Lapoyoma Smart program allows users to receive tiered rewards for their payments.

Lapoyoma is a technology that unites buyers and sellers

Lapoyoma creates a payment network to help sellers receive deflationary tokens if buyers pay for goods in cryptocurrency. Transfers will take place in real time and currency conversion will be implemented in Lapoyoma. To make this possible, the project creates its QR code transaction system and integrates it with the Binance Smart Chain blockchain.

Lapoyoma YAM Tokenomics:

  • Token Symbol: YAM
  • Blockchain: Binance Smart Chain
  • Total supply: 21 million YAM
  • Maximum bid: 21 million YAM
  • Buy/sell service fee: 11%
  • Rewards: 4%
  • Liquidity: 4%
  • Marketing: 3%

Today, the Lapoyoma YAM token is available for sale on the P2PB2B crypto exchange. Follow the link to buy or sell YAM.

The Lapoyoma combined system provides real-time crypto transactions without exposing the seller to the risk of cryptocurrency volatility. Money can be transferred to Lapoyoma in real time as no bank would slow down the process and introduce exorbitant service charges. Binance Smart Chain allows you to provide minimal service fees for transfers.

How do transactions work in the Lapoyoma payment network?

Recently, Airbnb CEO Brian Chesky announced the reservation service’s gradual transition to cryptocurrency payment. The company anticipates that payments will initially be based on Airbnb cryptocurrency gift cards, but will then switch completely to digital payments.

However, the Airbnb manager is just planning what Lapoyoma has already put in place

Lapoyoma payment network allows users to quickly book hotels without service fees and purchase goods in CStore / Gas Station, excluding third-party mediation. Lapoyoma can be used to pay for goods and services, and to receive and redeem loyalty rewards and discounts.

This is how the Lapoyoma ecosystem works:

  1. The seller uses a pair of keys to generate unique QR codes;
  2. each QR code contains data for a verified seller account;
  3. the seller prints QR codes and attaches them to each product;
  4. users scan the QR code with any smart device;
  5. users open a web form that collects and saves shopper data;
  6. YAM tokens are debited from the buyer’s account and credited to the seller’s account.

The whole transaction and conversion process takes no more than a minute. Product price processing and token concentration take place inside the Lapoyoma system. Thus, one can minimize service fees and ensure the fastest crypto transactions in the history of crypto payments.

Discounts and bonuses for using the ecosystem

To stimulate demand and reward project participants, Lapoyoma is introducing a series of rewards and discounts. A brief description of the rewards is given below:

1. Lapoyoma cashback

With each reservation on the Travala.com site, the user receives 2% of the total cost of the reservation, ie a cashback. A user receives the cashback in the form of Lapoyoma YAM tokens sent to their wallet. This is very important for the introduction of cryptocurrency to the general public.

2. Smart program

The Smart program allows program participants to benefit from discounts of up to 5% when booking millions of accommodations worldwide. Participants can also get an additional discount of up to 3% by paying with the Lapoyoma YAM token. Program participants also have voting rights in project management.

3. Credit card

Lapoyoma credit cards can be used to pay online and offline at retail stores. When a transaction is made, 4% of its sum is sent to the redemption wallet. This is how customers receive a reward for every purchase.

A New Era in the CStore/Gas Station Industry

Convenience stores and gas stations are an integral part of everyday American life. About 93% of Americans live within 10 minutes of a gas station, and 80% of gas stations have convenience stores.

Lapoyoma’s decentralized payment system covers each of these stores, building trust between businesses and consumers. In this sense, Lapoyoma is not only a fast money transfer solution, but also a real long-term investment in the CStore/Gas Station industry.

Join Lapoyoma to change the future of retail!

More information about the Lapoyoma project can be found here:

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