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Yamgo Ltd

www.yamgo.com link_icon

Yamgo Ltd Company Research Report



Company Overview



  • Name: Yamgo Ltd

  • Mission: Building a consumer-first rewards incentivization platform for advertising, media, retail, and beyond.

  • Founded: 2005

  • Founders: No information is available.

  • Key People: No information is available.

  • Headquarters: Technium 2, Kings Road, Swansea, SA1 8PJ, UK

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Yamgo is recognized for its ultra-secure Hedera wallet offering, which enables users to manage Hbar, NFTs, and other tokens while earning rewards for select online activities.


Products



Yamgo Wallet



  • Description: Yamgo wallet is a secure Hedera wallet platform that allows users to manage their Hedera HBAR, NFTs, and other tokens. The wallet also offers opportunities to earn rewards through digital actions.

  • Key Features:

  • Ultra-secure platform for managing Hedera wallets.

  • Capability to earn rewards by engaging in online activities such as watching videos, playing games, online shopping, and completing surveys.

  • Over 187,000 people have utilized Yamgo's reward features.

  • Fast and easy sign-up process: Users can register, create a Hedera account, and begin earning rewards quickly.


Recent Developments



  • Product Launches and Features:

  • Yammieverse: An NFT-based metaverse game on Hedera Hashgraph, launched on August 1, 2023. It features an idle strategy game with ant-like creatures themed within a digital universe.

  • Club Yamgo: Introduced on November 24, 2022, as an exclusive club for Hedera and crypto enthusiasts.


  • Partnerships:

  • On May 17, 2023, Yamgo partnered with the University of Stirling to produce educational crypto video content.

  • On May 16, 2023, Yamgo announced receiving support from the HBAR Foundation to enhance Hedera adoption efforts.


  • Technological Innovations:

  • The creation of an innovative API to streamline Hedera onboarding by simplifying wallet creation was announced on July 19, 2023. This API aims to unlock new revenue streams for businesses venturing into Web 3.0.


  • Challenges and Market Conditions:

  • On June 26, 2024, Yamgo identified funding constraints and regulatory challenges within the advertising and cryptocurrency sectors.


Conclusion



Yamgo, a pioneering technology firm, has successfully integrated Hedera's cutting-edge features into its service offerings, focusing on energy efficiency, security, and rapid transaction speeds. With an emphasis on access to NFT and cryptocurrency opportunities, Yamgo leverages its Hedera-based platform for sustained growth and user engagement in the evolving digital space.