Topic: YOYOW: You Own Your Own Words. An Obvious Opportunity. (Read 154 times)

Yeah the name Yoyow is strange but it makes sense to the project. You Own Your Own Words. I feel the success in this project lies in the fact it can be used on anyone else's platform and it's not like they are trying to create a destination site like Steemit or others. I feel Tencent buyout will most likely occur at some point in this companies future as Tencent owns a piece of everything. Obviously the team would want to get on board with WeChat which they have some ties with already. Owned by Tencent and is considered the most used social media app in the world. People in China send money through it already so it's a natural combo. They don't have access to Facebook and etc there. Opening a possibility to earn money through using their favorite social media app will be huge.

I agree. I actually like the name YOYOW because it is unique and may have some recall element. however, we know that many projects out to compete with Steemit had already fallen to the ground or just buried in the forgotten cemetery somewhere afar. I really don't know why is this like it is...maybe the market is not really ready for a good Steemit competitor or the market is very much happy with Steemit already that is it closing its door for another similar project. But then again...who knows the future so I ma wishing the whole team of YOYOW the best of luck and more power.

You know, it seems like projects seeking to reward content creators have fallen flat across the board. The exception is Steemit, although i don't necessarily think it should be grouped into the same niche.

Looking at LBRY, which has had a working platform as the "Youtube killer" for over a year now, and still just doesn't get attention. Why is YOYOW the content creation project that will gain traction, amid the others?

Just hear about yoyow because of this thread,,
Seems like a chinese project right,, ?
But look interesting to me,, i think i will do my research with this one before decided to invest mate

thinking about it or made a conclusion based on its price is not something that you can/should do in cryptocurrency.
because if you are doing it that way,soon you will be scammed by people because they are dumping the market as soon as it hits it.
first you need to think about its demand,progress and development.
truth to be told,its name is freakingly stupid in my opinion.
why would they created a project and named it into those ? i believe they're doing it intentionally because they're doing it for fun.
just like Bitcoin Orange did before and many other project,at least for now it's not recommended to buy it until it proves its worthiness

i see this coin is in the bottom now, depends on technical analysis,,
but, most of altcoins are going down at this moment,, and can be deeper
because i heard a lot of altcoin moving to bitcoin,,

TLDR; It is a vastly undervalued currency for content reward system which when implemented will create it's own value vs labor and time ala Steemit but much better than Steemit as it is not tied to one particular site.
An obvious opportunity. I feel obligated to spread the word about this business and it's own blockchain based currency. I have a conscious and wouldn't be able to sleep at night without knowing I tried my best to help others out.


Stats On Currency:

Circulating Supply: 273,173,444 Yoyow
Total Supply: 300,000,000 Yoyow
Current Market Cap: $14,660,727 USD
Current Price as of 7/20/18: $.05 USD/ 0.00000731 BTC
Highest Price was on 1/5/18: $ 0.61 USD/ 0.00003857 BTC
Lowest Price was on 9/6/17 $.019 USD/ 0.00000429 BTC
The huge sell off that occurred was because after the ICO for Yoyow, China had banned ICOs because there were so many fraudulent companies out there. So for that reason there was a sell off. Back in 2017.
In 2018, the price hit a high of $.61. Crazy to think someone out there bought a lot at .01. Then the price came down with the rest of Crypto.
The take away here is that the BTC value has never fallen under 429 satoshis and has risen up to 3857 satoshis.
The current market cap is 14 million. It has been over 100 million before and once it gets close to launching, it will easily push 200-300 million.
100 million marketcap puts it at $.36 and you can see the price has already been at $.61.

Summary Of Project:

Rewarding content creators with a currency platform that can be used on any site. It gets bigger than that but that is the core concept.
https://www.yoyow.org/files/white-paper3_en.pdf

Project Members History:

Almost all the members were directly related to Bitshares' development.
https://www.yoyow.org/index_en.html#section2f8f9a4b
Hellobts.com is now being used as a web based wallet for Bitshares.
https://steemit.com/beyondbitcoin/@jademont/introducing-two-new-web-wallet-exchanges-on-bitshares-chain-hellobts-and-1001ico
Really you couldn't ask for a better team. All of the core team is experienced and the most important factor to me is that Bai Cai, the founder of Yoyow, is very well spoken and confident. He's not trying to pitch you on buying in Yoyow. He just let's the project speak for itself.
https://medium.com/@InfoYoyow/yoyows-founder-bai-cai-interview-broadcast-at-gyro-finance-value100-studio-fedec35df060


Why you should invest?:

This is an actual company with experienced members, who have great track records. The business model is solid and better than competitors. It makes sense for value to be applied to their currency as when people start writing content on any platform and are rewarded with YOYOW, it will have to be a reflection of the time and labor that went into that content.
There are so many currencies out there right now that have no real obtainable goal. This currency makes sense. It's a way to pay people for the labor they put into content on the web. Once this is turned on and China sees the opportunity to make money, it will most likely explode mirroring Steemit's rise.


Pros:

A dedicated development team with successful projects under their belts.
One of the best wallets for any crypto currency.
Very detailed whitepaper.
You are rewarded for keeping YOYOW in the wallet.
A business model which can be understood by most, quickly.
It's system of rewarding you for content, is not limited to one
particular site as with Steemit.
Price wise, as of writing, it's one of the best buys of any crypto.

Cons:

The name isn't a one word name like we prefer in English.
The product isn't finished yet but is much closer than most because it's concept is simpler.
It's a lesser known currency currently. Despite being on major exchanges like Bitfinex and Binance.

My prediction:

This coin's current value of around 700 to 800 satoshi, is the lowest I believe it will ever be without a major crash happening.
Any price under $.25 USD, is a great buy for this currency. When it releases I feel the price will easily sit at a $1 USD, but may push into the $4 USD area
This is a strong investment. Any money you can put into Yoyow will be wise for a long term hold. Long term as in one year to at most two years. When the crypto rebound happens you could sell early and double your money at $.10 USD.
However if I were you, I would buy early as you can and hold it until the release at minimum.


Important Links:

https://www.yoyow.org/index_en.html
This is yoyow's main page in English.

https://www.yoyow.org/files/white-paper3_en.pdf
Very important whitepaper.

https://wallet.yoyow.org
Link to the wallet. Turn on English by clicking the flag on the top right corner.

https://steemit.com/@yo-yow
Steemit poster for yoyow.

https://medium.com/@InfoYoyow
Medium poster for yoyow.

https://twitter.com/InfoYoyow
Twitter feed.

https://www.yoyow123.com/forum.php
Chinese Forum for Yoyow

https://www.biask.com/topic_id-20
This is the biask channel for yoyow.

https://coinmarketcap.com/currencies/yoyow/
Current coin value.

https://coinmarketcap.com/currencies/eos/
https://coinmarketcap.com/currencies/steem/
Currencies that are often compared to it.