YOYOW's name comes from the English You Own Your Own Words. Its goal is to build a network that uses blockchain technology and uses decentralized consensus to contribute pricing and equity returns to the content production field, so that content producers, content investors, content screeners and ecological builders can receive reasonable incentives and returns. 

YOYOW's original design intention is to build a reasonable content revenue distribution mechanism and at the same time build a value network based on user content evaluation. Whether it is a content platform with the theme of text, video, pictures, audio or even live broadcast (including but not limited to websites, Apps, etc.) you can use the YOYOW network to build a content incentive platform for corresponding themes. The content is evaluated by a unified content evaluation algorithm among each platform. Content producers, content investors, content screeners, and platform builders will all revolve around the YOYOW ecosystem and obtain corresponding reasonable returns based on users' evaluation of content.

Active users, high-quality content providers and communicators can bring massive traffic and tens of billions of dollars in profits to social networks and content sharing platforms such as Facebook, Twitter, and Reddit every year. However, the contribution of these community members to the platform's value is often ignored by shareholders. In these platforms, community members do not really own the content they generate—they have neither complete control nor enjoy the right to gain.

YOYOW will use blockchain technology to establish a transparent and efficient evaluation system, reasonably quantify value contributions and give users rewards. By giving users control, governance rights and benefits, redefine community ecology and economic models, and creatively build a new ecology of content production platform. YOYO is a token circulated on the YOYOW platform, used to reward content creators and communicators. YOYOW's mission is to "make knowledge more valuable", and ultimately to be a common account and value transfer tool in the UGC field.

Project Highlights

YOYOW's name comes from the English You Own Your Own Words. Its goal is to build a network that uses blockchain technology to contribute pricing and equity returns to the content production field using decentralized consensus methods, so that content producers, content investors, content screeners and ecological builders can receive reasonable incentives and returns.

YOYOW's original design intention is to build a reasonable content revenue distribution mechanism and at the same time build a value network based on user content evaluation. YOYOW adopts blockchain technology based on graphene underlying layer, and its efficiency in processing data throughput is currently the highest in the blockchain industry, with thousands of times per second, fully meeting the needs of a media platform. Whether it is a content platform with the theme of text, video, pictures, audio or even live broadcast (including but not limited to websites, Apps, etc.) you can use the YOYOW network to build a content incentive platform for corresponding themes. The content is evaluated by a unified content evaluation algorithm among each platform. Content producers, content investors, content screeners, and platform builders will all revolve around the YOYOW ecosystem and obtain corresponding reasonable returns based on users' evaluation of content.

Application scenarios

YOYOW, as a blockchain content incentive network, is the first blockchain in China to combine blockchain technology with the content industry, and is enthusiastically anticipated by domestic content creators. YOYOW has now cooperated with many content creators to provide sponsorship for their creations, which has been highly recognized by creators, which has attracted a lot of attention among creators.

Using the content incentive and reward mechanism of YOYOW network, the platform can build a social media platform with text content as the theme, and even further build social networks like Twitter and Facebook. The plug-ins provided by YOYOW can also directly bring content evaluation and incentive mechanisms to traditional portals, content aggregation, blogs, encyclopedias, forums, and question-and-answer platforms, and can also bring more direct benefits to the authors of video on-demand/live content platform. Since YOYOW stores the unique hash value of content and cannot be changed, the platform can use this feature to provide services such as content storage and copyright protection with legal institutions.

Related information:
https://www.yoyow.org/ecosystem.html