01 The House of YO

A trillion-dollar market,
sold three ways

We sell three things into one enormous market. AI work, run on our subscribers' phones and sold to businesses (YOnC, the Yonder Neural Cooperative). Phone plans and travel data in 200+ destinations, an AI assistant, entertainment, and rewards that pay (Global YO, YO Mobile NA). And the wholesale data other carriers buy from us (YOx).

The same customers, the same partners, and the same platform feed all three. The numbers below are for YOnC, by far the largest of the three and the one the warrant program funds.

~$210B
The AI compute market we can serve today
$660B+
The same market over the next ten years
$30B
YOnC revenue in 2029 · at 10% of the market, low case
$200B
YOnC revenue in 2036 · at 30% of the market, mid case

*Market size comes from the CME compute index forward curve and Silicon Data's demand model. Our share projections are internal estimates of what the warrant program is worth at each milestone (100K nodes → 1M → 10M → 100M devices). The detailed assumptions, including the in-country pricing premium (2 to 5 times) and the ceiling of roughly 4 billion capable smartphones, are in the investor deck. Sources: GSMA Intelligence; Counterpoint Research; IDC Worldwide Quarterly Mobile Phone Tracker; Apollo Hyperscaler Capex Cycle (Feb 2026); IEA Energy and AI report (2024); MLPerf Mobile and Geekbench AI benchmark progressions; hyperscaler on-demand pricing pages (May 2026, AWS Bedrock, Azure OpenAI, Anthropic API).

Validated by
May 26CME Group · compute futures Apr 26NVIDIA · compute in homes 2026Apple · the OEM door
02 The Portfolio

Three businesses under one roof

Each business earns on its own. The wholesale data we sell to other carriers. The mobile service we sell to travellers and households. The AI work we sell to businesses. Each one makes the next cheaper to run or harder for a competitor to copy. That is why this beats being a one-product company.

Three layers · one company · one balance sheet
Layer 01 Connectivity

YOx. The wholesale layer.

VWS Connect · 7 networks · ~150M subscribers

The carrier plumbing that supplies data to every YO consumer business and the upcoming partner network. It comes under direct YO control through the pending purchase of VWS Connect. Everything else here sits on top of this layer, and it earns on its own, reaching roughly 150 million subscribers across seven networks.

Pending acquisition · VWS Connect 7 networks · ~150M subscribers Wholesale revenue · live today
~150M subscribers reachable 7 networks · wholesale · today
Layer 02 Distribution

Three apps. One partner network.

Global YO · YO Mobile NA · Upcoming partner network

The apps people actually use, and the front doors that put the network in their hands. Three YO brands are live today: Global YO in 200+ countries, YO Mobile NA in the United States and Mexico, and the standalone YOnC earning app. A signed partner deployment with a mobile operator follows in Q3 2026. Everything runs on the same YO platform, and every app is a way into the YOnC network.

Global YO · 200+ countries YO Mobile NA · US + MX Partner network · Q3 2026
209K subscribers today 200+ markets · 3 apps live
Layer 03 Compute

YOnC. AI work, run on phones.

YOnC runtime · standalone app + in-app module

A network that puts ordinary smartphones to work running AI while they sit idle, and pays their owners. It needs the other two layers: Connectivity moves the data, and Distribution puts the phones in people's hands. The computing power is already out there. YO connects it and sells it. YOnC is the newest product in the House of YO portfolio, built on what the other two layers already provide, and it is what the warrant program funds. The YOnC app is for people who want to join the network without buying a travel or mobile plan.

Phase 0 · Q2 2026 100-handset prototype AI work for business · revenue line
135M phones by 2030 $53.0B revenue in 2030 · one year · modeled
Wealth created from the phone already in your pocket
Base case · today → 2030
Network revenue · five-year running total
$87,934,761,500
Paid to phone owners · five-year running total $48,364,118,800
Capital Model · base case · gross revenue · 135M phones by 2030
Period
Next 3 months
Cumulative revenue
$900K
Run-rate at end
$5.77M /yr
Active phones at end
247K
Devices opted in
135,000,000
across YO + YOnC
Contributing
23,982,624
in Safe-State
Member payout · per year
$17.32B
run-rate
Verified tokens processed
72.02Q
post-verification
Partner network · contributing
19,186,099
80% of devices contributing
YOYO$ minted
3.13T
cumulative to date
Network revenue · cumulative
$56.59B
sold to enterprises
Data-center spend avoided
$1.93B
build cost displaced
H100-equivalent online
48,161
assembled in software

Buyers pay dollars for AI work, and 55 cents of every dollar goes back to the phone owners. In the base case that is about $48B over the five years 2026 to 2030, and about $29B in 2030 alone. Today's flagship phones already run small AI models at 55 to 90 tokens a second. Every figure here comes from the capital model's base case (June 2026), quoted as gross revenue. Live readings replace the model when Phase 0 testing reports.

03 The Compute

The brick in your pocket goes to work

YOnC, the Yonder Neural Cooperative, is a network that runs AI on smartphones already in people's hands. The same phones people use for travel data, calls, and entertainment take on paid AI work while they sit idle, and the owner gets paid for it. The owner also gets free AI on the device.

A phone that earns its keep puts both modern AI and a new line of household income within reach of people who could never afford a flagship phone and a subscription. YO already built and runs the carrier infrastructure, the apps, and the rewards system that tie it together. The compute layer is what the warrant program pays for now.

  1. 01 Capital in Warrant placements and B2B compute sales put cash on the balance sheet. The compute runs on phones, so that capital funds growth, not data centers.
  2. 02 Growth below market cost That cash buys subscriber growth for far less than the AI industry pays for new capacity. The carrier, the apps, and the customer base already exist.
  3. 03 Compute out, billed in USD Idle phones in those subscribers' hands do AI work that the network checks and counts. Businesses and governments pay for it. That is the revenue.
  4. 04 Returns to the owner A set share of every dollar billed goes back to the phone owner. The asset and the workforce are the same person.
  5. 05 Reinvested capacity Those earnings help the owner buy a better phone, which does more work. The loop tightens, and the next dollar in goes further.

↻A closed loop, not a funnel. Every turn builds on the last. Money in, more subscribers, more AI work, more paid back to owners, and around again.

04 The flywheel

Each subscriber is richer for being in the network

Free AI for the user, income for the owner. The phone runs a capable assistant at no cost and earns real money while it sits idle. That puts modern AI within reach of people who could never pay for a flagship phone and a monthly subscription. Four steps, each funding the next. The subscriber stops being just a customer and becomes a paid part of the business.

05 Why now

The world just proved us right

Two columns of facts. The left side is what building AI capacity runs into today: physical, slow, expensive. The right side is what changed in the last twelve months. Read across each row. The right card answers the left one.

Constraint

What the AI build-out actually faces.

Three physical limits no amount of capital can compress.

2026· Data-center build-out

New sites take four to seven years.

Finding the land, getting the permits, ordering the transformers, connecting the power, and switching it all on takes a big AI data center about five years, before it does a single piece of work. Money cannot shorten that calendar. A lab that wants capacity in 2027 needs it under contract today, and the only capacity it can contract today already exists somewhere.

→ Data Center Knowledge · 5–7 yr grid waits
2026· The energy grid

The grid cannot keep up.

In the US, the waiting list to connect a new data center to the power grid stretches past 2030. Microsoft restarted the Three Mile Island nuclear plant in 2024 just to power AI. Whole projects are being moved to wherever power is still available. Transformers are on multi-year backorder, and permits take years. None of this can be fixed by spending more.

→ CNBC · Constellation restarts Three Mile Island for Microsoft
2026· Capital expenditure

Cloud giants tripled their spending. It is still not enough.

The big cloud companies have more than tripled what they spend on AI since 2023, and plan to spend more in 2026. Even so, the top AI labs say what holds them back is capacity to run their models for customers, not to train them. The money is there. The things it can buy are not. A network that adds capacity without land, buildings, or transformers gets around the problem entirely.

→ Yahoo Finance · hyperscaler 2026 AI capex tops $700B
Opportunity

What the last twelve months made possible.

Three structural shifts the AI economy just absorbed.

May 2026· CME Group

Compute is now a traded commodity.

CME Group, Silicon Data, and DRW launched the first futures market for AI computing power, with a daily price and live trading. The warrant now has a published market price to settle against, which answers the biggest question professional investors asked. Computing power can now be bought, sold, and priced like any other commodity.

→ CME Group · first compute futures launched
Apr 2026· SPAN XFRA / NVIDIA

Distributed compute, proven by NVIDIA.

SPAN's XFRA program puts NVIDIA chips in ordinary homes to run AI, with NVIDIA and PulteGroup as launch partners. It proves real AI work does not need to happen in a data center. YOnC runs the same play on the phones already in millions of pockets. No buildings, no permits, no new power lines.

→ CNBC · NVIDIA, Pulte & Span put compute in homes
2026· The OEM door

The hardware-first room is open.

John Ternus, who ran Apple's hardware engineering for years, is now Apple's CEO. Phone makers want people to use the AI chips they build, and they want to reach buyers who cannot afford flagship prices. A phone that earns money for its owner is exactly the offer they need, and it sells their best hardware for them.

→ Apple Newsroom · Cook → Ternus transition
06 The compute warrant

Buy future capacity at today's price

The compute warrant is how we pay for this build. Each warrant is a $10 million ticket priced at $700 per Giga-YOnC, a thirty percent discount to its $1,000 face value, good for three years. It gives the holder the right to one Giga-YOnC of the network's capacity (one billion tokens at face value) once the network is proven, plus first access to the Series B funding round that follows.

The first five are Founding Anchor Compute Warrants. They also carry 10% Anchor Equity plus twelve months of geographic[1], sectoral, or hardware[2] exclusivity. Warrants sold from year two onward carry the same financial terms without the equity.

01 / 03
Settlement

Pre-purchased capacity settles in compute, fiat, or a basket of both, at the buyer's election at maturity. Strike $700 / face $1,000 / three-year term.

02 / 03
Hedge

Settles against the CME daily compute price, live since May 2026. Holders can value and hedge their position on the exchange, which answers the question big buyers always ask.

03 / 03
Milestones

Phase 0 (100-handset prototype) Q2 26 → Phase 1 (Mexico Turbo pilot, 4–5K Neural Workers) Q3 26 → 100K nodes Q4 26 → 1M nodes B2B scale 2027. Each phase gates the next tranche.

Request the warrant program terms Five Founding Anchor slots. $10M ticket. 30% discount to face.
[1] On geographic / sovereign exclusivity.

Geographic exclusivity makes the Anchor the only supplier of YOnC capacity inside a chosen territory (a country, a region, or a bloc) for twelve months. Where governments require AI work to stay inside the country, buyers pay 2 to 5 times the world price, and the geographic Anchor keeps that premium. Built for sovereign wealth funds, national funds, and operators with access in a target market.

[2] On hardware / device-maker exclusivity.

Hardware exclusivity gives one device maker the sole right to ship YOnC built into its phones as an earning feature for twelve months. No other manufacturer can pre-install the network while the lock-up runs. Think of Samsung: a flagship line that earns for its owner out of the box would be the only one of its kind on the market. The Mac Mini rush of late 2025 showed what happens when people realise a $599 device can do serious AI work. The same shift is coming to phones, and hardware exclusivity is how a warrant holder owns it.

Precedents

Not a novel instrument. Built on three financing precedents.

The compute warrant assembles three structures investment banks already underwrite at scale.

Mining
Streaming / forward purchase

Wheaton Precious Metals and Franco-Nevada built their businesses pre-buying future production at fixed discounts to spot, sometimes with equity attached. Combined $13.6B+ in cumulative upfront purchases.

Energy
Anchor PPAs in renewables

Long-term anchor power purchase agreements underwrite renewable project finance by giving developers contracted offtake at scale. The Founding Anchor Compute Warrant mirrors this construct exactly.

Cloud
Cloud reserved capacity

AWS, Azure, and Google all sell their capacity in advance at 30 to 60% discounts in exchange for multi-year commitments. The 30% YOnC discount sits inside that range.

Timeline

What's happening and when.

Each phase has to succeed before the next round of warrants is sold. The first phase is already running.

Now
Phase 0.

100-handset prototype in production. iOS background-policy review filed. Patent claims tested in market.

Q3 2026
Mexico pilot.

First real-world Turbo deployment with 4 to 5 thousand earning phones. What each phone earns becomes measured fact, not a model.

Q4 2026
100K phones.

Sales to business open. The first in-country contracts begin, and the first commercial revenue lands against the warrant capacity.

2027
1M phones.

The margins prove out: the network's output grows faster than the cost of running it. The Series B opens, with warrant holders first in line.

07 The enterprise market

The same capacity, sold direct to businesses

Once the network is producing, businesses and governments buy YOnC computing power the same way they buy it from the cloud today: by the token, in dollars, billed monthly. The difference is that our supply is already sitting in people's pockets. There are no buildings or power plants to pay for, and the price sits in the same range these buyers already pay AWS, Azure, and Anthropic.

The buyer

Enterprises and governments.

Top AI labs, governments, and large companies in places where AI work has to stay in the country. The same buyers who already purchase from the big clouds, now with a second and very different source of supply.

The unit

Verified tokens. Daily billing.

Buyers pay dollars per million tokens of completed work. The network itself checks every piece of work, never the phone that did it, so buyers can trust the output while phones keep the cost low.

The price

Priced like the cloud.

Pricing tracks the CME daily compute index, the same benchmark the warrant settles against. Supply that has to stay in one country, or is exclusive to one buyer, earns 2 to 5 times more where it matters.

The timeline

Commercial in 2027.

Reaching 100,000 phones in Q4 2026 opens enterprise sales, and the first in-country contracts begin. Phase 1 grows the network to one million phones in 2027, when revenue against the capacity the warrants pre-purchased starts to ramp.

How this connects: the warrant program (§06) finances the build that produces this capacity. Enterprise buyers redeem against that capacity directly, in cash. Warrant holders can settle in compute, fiat, or both at maturity. The two lines are the same product, viewed from opposite ends of the time axis.

08 Already shipping

Three brands. One partner network. Live today

None of this is a forecast. Three YO consumer brands are live today, and a signed partner deployment launches in Q3 2026, all on the same platform. YOnC ships into each of them as an optional feature, the same way any feature would. What follows is what is already built, and what the compute warrant program is offered against.

01 / 04Travel eSIM · 200+ markets

Global YO

A live travel eSIM business in 200+ markets, with the new platform shipping now: a redesigned app, an AI assistant, and a rewards system built in. The travel product is the foundation everything else is built on. YOnC ships into Global YO as an optional feature, so every traveller can join the network.

200+
markets · live destinations
iOS + Android
live in app stores
$4M+
annualized revenue · run rate
4+ yrs
operating history
02 / 04MVNO · United States + Mexico

YO Mobile
North America

A mobile carrier in two markets. Mexico is earning today, and the US opens in 2026. Winning a subscriber costs us far less than it costs most carriers, because we grow through people selling to people, not paid ads. It runs on the same platform, and YOnC ships in as an optional feature for every subscriber.

US + MX
two-market deployment
AT&T MVNO
carrier-grade infrastructure
~50K
target subscribers · YE26
YO Visa
live · co-branded by Bancus
YO Mobile NA — entertainment hub plus carrier features
03 / 04Partner network · launching Q3 2026

Upcoming partner network

A signed deployment of the YO platform under a partner's own brand, with a "Powered by YO" credit. The partner sells travel connectivity to its existing subscribers, and VWS Connect supplies the carrier connections underneath. It is the first proof that other operators can run their business on our platform, and it brings YOnC to an audience several times larger than YO reaches directly. Building now; launching Q3 2026.

~70M
subscriber reach · signed
Q3 2026
launch · in-market
Partner-operated
partner brand primary
Co-branded
Powered by YO from launch
04 / 04Standalone app · YOnC

YOnC

The lightest way into the network for anyone who wants the earning side on its own, with no travel plan or mobile line attached. Two modes: Base, where the AI stays on your phone, and Turbo, where the phone takes on paid work while it sits idle in Safe-State. Checked work turns into YOYO$ once a day, and the YOYO$ wallet handles spending it. It runs best on the phone's AI chip, and falls back to the rest of the phone where it has to. Anyone can add it in minutes.

Base / Turbo
two states, user-toggled
Safe-State
idle · charging · Wi-Fi · locked · cool
Daily settled
YOYO$ credit batch
NPU / GPU / CPU
runs on whatever the phone supports
9:41 5G
YOnC
Lifetime earnings
$142.70
▲ $14.27 · 18% this month
Turbo · earning while idle · 247K tokens · NPU
ActivityYOYO$
↻ Daily settlementVerified work · 6h ago +127
★ Referral bonus2 days ago +250
Earning · Safe-State 5 / 5
09The team

The team that built the platform. Now building the network.

No one has shipped this before. That is the bet. What this team has already shipped is the part nobody else can copy: the carrier license, the sales channels, the live customer base, and the platform under everything. Patents filed in April 2026 protect how the work is routed across phones and how it is checked, counted, and paid. This is a team of operators with the reach to make a new kind of income real.

Adam Kidron
Adam Kidron
CE-YO & Founder

A serial entrepreneur (Urban Box Office, YOnder Music) known for ideation and creation. The bet here is that Adam has finally built not just the product but the team to democratize the mobile internet, providing information, entertainment, and capital to billions of people. He owns the strategic vision, investor relationships, and the YO brand at the executive level.

Mikhail Yakutovich
Mikhail Yakutovich
Chief Innovation Officer

Owns the YOnC runtime and the patents underneath it: how work is routed across phones, how it is checked and paid, and how a phone decides it is safe to work. Architect of the on-device AI path, the Phase 0 deployment, and the engineering plan that grows the network from 100 handsets to 100 million.

Keneisha Wint
Keneisha Wint
VP Transformation & Operations

A transformation and operations leader who has built organizations from the ground up and restructured them at enterprise scale. She has launched markets, negotiated carrier partnerships, and redesigned how hundreds of engineers and product teams deliver at two of the largest financial institutions in the U.S. Today, as VP of Transformation and Operations at Yonder Media Mobile, she brings that same instinct that turns emerging technology into scalable operations.

Natalia Oñate
Natalia Oñate
President, YO Mobile North America

Building YO Mobile's expansion across Mexico and the United States. Owns subscriber acquisition, market development, and commercial strategy, delivering scalable programs that accelerate market penetration and long-term business performance. Focused on positioning YO Mobile as a next-generation telecommunications brand for the bilingual LatAm and Hispanic US segments.

Justin Urena
Justin Urena
Chief Strategy Officer

Mobile technology and behavioral analytics specialist with a decade of expertise developing and launching native mobile applications globally, attracting millions of users. Dedicated to harnessing data analytics and personalization to forge innovative growth strategies and gamified models that drive increased user engagement and loyalty.

Yevhen Bakumenko
Yevhen Bakumenko
Chief Technology Officer

Connects engineering, marketing, and user experience to drive prioritization and delivery of new features and capabilities through innovative technology tools. Owns the cross-functional cadence that turns YOnC runtime claims into shipped product, and the technical-program management discipline that holds the platform's release schedule to the warrant program's phase milestones.

10Investors

Backed by a world-class investor group.

Existing capital comes from operators, family offices, and private investors who underwrote the platform that became Yonder Media Mobile. The Founding Anchor Compute Warrant program opens the next round of the stack to investors with strategic alignment to YOnC.

Family office · Anchor
June Street Capital LLC

Bill Anderson, entrepreneur and private investor through his holding company June Street Capital, LLC. Former Executive Chairman and CEO of Anderson Holdings, a family-owned, diversified holding company with subsidiaries in real estate, beverage, and insurance.

Private investor
Cliff Burnstein

Q Prime, manager of Metallica, Muse, Eric Church, and more. One of the most consequential figures in modern music management, and an early investor in YMM.

Family office
Nadhim Zahawi Family Office

Nadhim Zahawi, co-founder of YouGov and former UK Member of Parliament who served in several ministerial positions and as Chairman of the Conservative Party under Prime Ministers May, Johnson, Truss, and Sunak.

Family office · BVI
GMC Assets Corporation

Guomin Xie, founder and former Co-President of Tencent Music. Invests in YMM through GMC Assets Corporation (BVI), his family office.

Venture
Channel Ventures Group, LLC.

Strategic-stage investor in connectivity, distribution, and consumer mobile platforms.

Founding Anchor · Compute Warrant
5 slots

Five slots in the Founding Anchor Compute Warrant program. Twelve-month exclusivity by geography, sector, or hardware class. $10M ticket. Series B pre-emption.

Inquire about a slot →
11 Build with us

Build the network with us

The compute warrant program is how this company is financed. Warrant holders get first access to the Series B equity round that follows. Five Founding Anchor slots, each exclusive by geography, sector, or hardware, close before Phase 1 begins. Two ways to get involved.

Request the investor deck
Public rebrand · July 1, 2026