Take a look at all of these entities at play...First Growth...

Take a look at all of these entities at play...

First Growth Funds (FGF): Providing initial strategic and industry related advice to YPB; introduction of YPB to BGL and DCC and to facilitate those parties working together to undertake and otherwise give effect to the Token Sale Event and the Listing Event;

LINCD: Will provide a technical scope for smart contracts, token creation and general blockchain advice, in addition to using their existing technology expertise to assist with the creation of the tokens. LINCD has been involved in a number of blockchain projects including the development of a supply chain management solution that FGF considers is particularly useful and relevant experience given the industry YPB operates in.

Blockchain Global (BGL) & Digital X (DCC): Assist with the development, creation and issue of the Tokens and any related matters reasonably necessary to give effect to the Token Sale Event; and assist YPB to secure the listing of the Token on one or more cryptocurrency exchanges (to be identified by BGL and DCC in their sole and absolute discretion) (Listing Event); and establish and facilitate demand for Tokens.

YPB Group: YPB has a customer engagement platform and also a retail anti-counterfeit solution. LINCD has focused on the e-commerce sector including the use of blockchain to improve supply-chain, scale, and the development of new e-commerce solutions. These services are each complementary. It is anticipated that the YPB tokens will be offered outside of Australia. A decision has not yet been made on which country the YPB tokens will initially be launched, however there is consideration that it may be Indonesia. The tokens will be offered to YPB’s customers who are typically brands and businesses that seek to rely upon or use YPB’s key technology. The YPB Token (YPT) is designed to foster greater collaboration between brands and customers in addressing counterfeit and will be integrated into the YPB Connect serialisation and customer communication software platform. YPB is not conducting an ICO. If the YPB token is sold via international digital asset exchanges, then YPB will receive either bitcoin or ethereum. The tokens will only be listed on International Exchanges. In the Token Issue, it is YPTs that will be offered in exchange for digital currency that can be converted to cash (fiat) and used to fund the development of the end to end blockchain project including Motif Micro. It [YPB] intends to proceed with a Token Issue to realise up to US$30m

CT1 Technologies: CCP Technologies has an established IOT solution servicing large customers in the food sector and intends to partner with Penta Global on IOT and blockchain related projects in the agricultural sector. One example of Penta Global’s involvement in the food sector is the development of a“blockchain” solution for 30,000 rice growers in China used for food security and supply chain management in the agricultural sector. The solution provides growers, harvesters, milling operators, transport companies and retail outlets with data stored on the Penta blockchain,providing valuable data to all stakeholders.

The strategic investors are First Growth Funds (ASX: FGF), DigitalX (ASX: DCC) and Blockchain Global all of whom have deep expertise in blockchain, crypto currencies and crypto exchanges. With the support of these investors, it is intended that the YPT will be exchange listed and funds raised via the on-market sale of YPB Token (YPTs). Listing on quality exchanges is vitally important to the success of a Token and this direct access greatly enhances the prospect of achieving YPB’s target of raising up to US$30m as previously advised to the market.

The connection between YPB and CT1 you ask? In recent years there has been a growing interest in technologies which can help consumers validate the authenticity of Australian agricultural products, especially in export markets. These technologies can help reduce fraud (counterfeiting, substitution, re-use of packaging) as well as add value to products by ensuring food safety, ingredients, origin, production and supply chain practices. Could YPB be developing a anti-counterfeit blockchain solution in partnership wit CT1 to target global agriculture anti-counterfeit technology?

This is, without a doubt, a highly strategic operation and I can't wait to see it all unfold. The next few months will be very interesting to say the least.

Based on the information we have received through the various announcements from FGF and YPB, we can expect the following announcements in the pipeline:

• The completion of YPB Tokens tokens (mid-April)
• YPB Token Sale Event and the Listing Event via International Exchanges

Reference: https://www.asx.com.au/asxpdf/20190412/pdf/4448pwzyt73t4r.pdf and https://www.asx.com.au/asxpdf/20190410/pdf/4446chffxgrwp7.pdf