Getting Started with NYYU Products
Welcome to NYYU! We offer a diverse range of innovative products designed to enhance your experience in the digital and crypto world. Here's a comprehensive overview of our products, their descriptions, and their current statuses.
About NYYU
NYYU is an innovative decentralized investment banking platform that offers personalized solutions for broker-dealers, financial institutions, and individuals. We boast a comprehensive suite of back-office and front-end capabilities to manage traditional and digital assets seamlessly. Our revolutionary approach views energy as the fundamental unit of trade, making us stand out from other platforms in the market. The API-as-a-product model further sets NYYU apart by providing a unified interface for all stakeholders.
The Mission
Establish energy as a new currency. Overcome inflation risks and central control, fostering sustainable growth.
Clients
Broker-dealers, financial institutions, businesses, and individuals.
Client’s Problems
The fiat currency system operates independently of physical commodities and is managed by centralized authorities in response to supply and demand dynamics. However, this system is susceptible to risks such as inflation, which can result in financial losses.
Confirmation of the Problem
- Historical and Theoretical Understanding: The concept of fiat currency, where the value is based on government decree rather than being backed by physical assets like gold, has been widely documented and studied in economic theories and historical records.
- Centralized Control: Central banks and monetary authorities play a crucial role in managing and regulating the fiat currency system. They have the authority to adjust interest rates, implement monetary policies, and intervene in currency markets to address supply and demand dynamics.
- Inflation Risks: The fiat currency system is susceptible to inflation, which occurs when there is an excessive increase in the money supply relative to goods and services available. Inflation erodes the purchasing power of currency and can lead to financial losses for individuals and businesses.
Products Overview
| Product | Description | Status |
|---|---|---|
| Wallets | Store crypto assets using reliable and safe technology. Our wallets adopt industry best practices and leading security standards, inspiring user confidence and allowing for secure investments. | Release to the Web |
| Fiat & Crypto Exchange | Supports the trading of various cryptocurrencies with a simple and user-friendly web trading platform. | Pre-alpha |
| Decentralized Exchange (DEX) | Trade cryptocurrencies and tokens without an intermediary, ensuring a decentralized and secure transaction environment. | Pre-alpha |
| Auction & Launchpad Platform | Serves as a digital auction or incubator for crypto companies, facilitating the launch and growth of new ventures. | Stable release |
| Sale & Launchpad Platform | Provides a platform for digital sales or incubators for crypto companies, supporting the development of innovative projects. | Stable release |
| Affiliate System | Allows invitations and opportunities to earn credit in crypto for involved parties, promoting growth and engagement. | Stable release |
| Pay | A payment gateway service enabling users to accept digital payments and receive fiat currency in exchange. Offers high security against price volatility through crypto-to-fiat payment conversion. | Release to the Web |
| Save | Allows users to earn interest on their savings with flexible withdrawal and deposit terms, promoting financial growth. | Pre-alpha |
| Mobile | Facilitates trading, saving, and custody of cryptocurrency on the go with the NYYU Mobile app, providing access to the crypto exchange and wallet. | Pre-alpha |
| NYYU Card | Earn crypto rewards by purchasing items with your NYYU card, which is quick to set up, simple to use, and has no annual fee. | Pre-alpha |
| NUSD (Stablecoin) | A 1:1 USD-backed stablecoin built by a secure, reliable, and regulated cryptocurrency exchange. NUSD allows for decentralized exchange transactions, earning interest, providing liquidity, and more. | Pre-alpha |
| Node | Supports Watt, BTC, ETH, BSC, Tron, and Solana chains. Node API is a commercial service for payment providers, ensuring a wide range of support. | Release to the Web |
| Mart | A digital marketplace for traditional and digital assets, including real estate, crypto, commodities, NFTs, and startups. | Pre-alpha |
| UNI | Integrates third-party financial data and payments into one platform, streamlining financial operations. | Pre-alpha |
| EMI (Electronic Money Institution) | Facilitates offline/online payments with individual IBANs and sub-accounts, covering the EU with SWIFT and SEPA services. We aim to obtain licenses in the EU and Australia. | Pre-alpha |
| Proof of Reserves | Captures exchange-owned assets, such as crypto holdings and fiat cash, at specific times, ensuring transparency and trust. | Perpetual beta |