Charts price for Yoyow (YOYOW)

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Description of Yoyow (YOYOW)

Yoyow Origin

Release Date: March, 2017.

YOYOW is a Blockchain based content rewards network. YOYOW was founded in 2017 by Newtree(baicai) and Jerry Liu(bitcrab). The project stands for “You Own Your Own Words’.

Yoyow Functionality

YOYOW, is a Blockchain networked designed to reward its participants for the production of content. The platform employs decentralized consensus methods in order to ensure that curators, content creators, investors, and consumers are provided with incentives and beneficial returns. Users can earn profits based on the rating attributed by others to their content. Any content works with YOYOW, such as videos, images, audios, live feeds, and other creative content.

Content creators are rewarded in YOYOW for their input. The project utilizes Blockchain technology in order to provide a highly transparent and efficient system that rewards contributors with cryptocurrencies.

The YOYOW platform possesses all of the inherent features of a Blockchain ecosystem. Meaning there is no centralized point of authority, everything is anonymous, users are in total control of all actions, and ultimate security is in place. The platform rewards content creators under a proof-of-taste system.

Within the YOYOW ecosystem, the token can be used to acquire services, place advertisements as well as a store of value and speculator tool on third party digital asset exchanges.