We are excited to announce that the ERC20 version of YOYO tokens has been listed on Bitfinex, the world’s largest bitcoin exchange. The listing on Bitfinex enabling YOYO token holders trade against the pairs USD, BTC and ETH.
“Listing YOYO token on Bitfinex is a important milestone for us in achieving our vision to build a decentralized blockchain based content rewards network for content creators, investors, curators, consumers and content platform builder” said Qiang Liu, the founder of YOYOW.”Traditional content platforms fail to reward content creators in a rational way. But with YOYOW, powered by blockchain technology, entire content ecosystem can be provided with incentives with POT (Proof of Taste) content rating algorithm used by YOYOW.”
The YOYOW team has released the latest version of whitepaper last week and currently working on developing WordPress and Discuz plugin to allow content platform builders can easily integrate YOYOW network into their current website, a beta version of WordPress plugin had been released for evaluation. More advanced SDKs, development toolkits and developer support program will be released in the coming months.
Bitfinex is the world’s leading Bitcoin exchange, and provides the most advanced trading platform in the digital currency space. A leading source of price discovery, Bitfinex also underpins a large part of the bitcoin economy by enabling merchants, payment processors, individuals and traders access to the deepest pool of liquidity. Founded in 2012, Bitfinex is an established thought leader in the digital currency exchange space, and one of the most secure platforms to have been released.
YOYOW, named from “You Own Your Own Words”, is a blockchain based content rewards network aiming to quantify contribution and give rewards of participants in the content creation sector with decentralized consensus methods so that content creators, content investors, curators, and consumers of the content ecosystem can be provided with incentives and returns as appropriate.
YOYOW is designed for establishing a rational content-generated income distribution mechanism and a value network based on users’ ratings on content.
Any content platforms (including but not limited to websites and APPs), regardless of their themes presented in the format of text, video, image, audio or live broadcast, etc., are eligible to create the corresponding content-oriented incentive platforms based on the YOYOW network. Content creators, content investors, curators and platform builders of the content ecosystem will be rewarded according to the YOYOW eco-environment and users’ ratings of content.