Thank you for your efforts and work for BitShares. I will vote for your Witness.
Can you share a few more info about the YOYOW project?
Thanks for your VOTE!
YOYOW, You Own Your Own Words.
YOYOW is similar to Steemit ( not a fork of STEEM, it was develpoed based on the underlying Graphene protocol ), it is also a Blockchain based content incentive platform, focus on China.
Steemit like Reddit, YOYOW is more like Quora + Reddit and more.
The more important difference is that YOYOW uses economic strategies different from Steemit.
That is the separation of the rigth to vote
( management structure is similar to BitShares 2.0, shareholders grasp the direction of the YOYOW DAC ) and the right to judge content
( upvote or downvote).
There are two kinds of tokens in YOYOW Blockchain, yoyo and words:
- yoyo, the shares of YOYOW Blockchain, just like BTS in BitShares. The way to get yoyo include: participate in ICO, buy from market, system rewards ( create, filter and promote quality UGC content ) and so on.
- words, the right and the weight to judge content, words is like an honor value which is depend on the user's contribution. This is because YOYOW is a media platform used in China, operators and moderators ( selected by shareholders voting ) need to control the content, people with poor character, such as piracy and inappropriate speech (violence, murder, pornography) will be deducted from a certain number of words, and will reduce his reward coefficient.