Youcent

Welcome to the fun and easy to understand FinTech project! Here you buy and sell using promises instead of money. We call them YouCent Promises. You simply send promises instead of spending money. Then pay back later by providing services and goods to community same way and get your cents back! YouCent does not charge for transactions or any other interactions with our apps and services. The only cost of using YouCent could be is an optional annual fee of any amount you choose. By doing this user gets the specific Promise Limit which makes it possible to send Promises even with zero or negative balance. Those fees also play a role of simple, yet robust anti-fraud mechanism. For those users who only plan to spend Promises they already received from others, the YouCent system is free to use. We don’t want to give a chance for some dishonest people to misuse YouCent by only spending and never give anything back to community. Therefore, every user's goal should be to keep their balance as close to zero as possible at any given time. Our mission is to help people exchange great goods and services – not to “make money” or worse to make debts which they never pay back.