YOYOW – YOYO ICO You Own Your Own Words Crypto Exchange?
Are you looking for a great investment? Bitcoin is booming right now, but it is certainly not the only investment that you can make. The blockchain market is very rich in options for investment. In fact, the market is so rich in options that it can actually end up being saturated with them, which can cause you problems to find the perfect investment.
Your only weapon against the saturation of options is to have knowledge and our blog can help you with that. We have plenty of options for our readers to know the best investments that they can make right now.
Today, we are going to talk about a new company which has been pretty popular recently: Yoyow.
What Is YOYOW?
Yoyow, which means You Own Your Own Words, is a new start-up company aimed at content creators. This company knows that content creators, whether they work with videos, text or any other form of media, have difficulties to keep their projects going. That happens because they have to rely on very unstable forms of monetization like advertising.
The company recognizes this problem and intends to fix it. The main goal of the company is to provide a decentralized and open platform in which content creators, content curators and users can contribute to the community and receive rewards for this.
The content will be rated according to the users in a decentralized way and this will enable the best content creators to earn more rewards for their work. People make content in social media all the time, but only the companies really receive any kind of monetary reward for the traffic. Yoyow wants to change that.
How Does YOYOW Work?
Yoyow uses blockchain technology to create a platform in which users can be rewarded for their content being popular. The blockchain technology is essential in this process because of the transparency that it gives to the popularity of the content, instead of hidden algorithms, the content is really chosen by the users.
What this company intends to make is to let the users really take control of their own content and receive shares of the company’s profit. This way, they can really feel like they have control in the platform and are not only being explored for other people.
The company intends to offer an environment with plenty of elasticity, convenience and efficiency for its users. Using this platform, the users can really own their content and receive the rewards that they deserve for the quality of their work, which they are not able to do in many social media platforms like Facebook and Twitter.
How To Invest In YOYOW?
To invest in this company, you will have to buy its UGC tokens. Unlike many other blockchain start-ups, Yoyow is not offering an Initial Coin Offering for its users. You will have to buy the UGC tokens on the company’s site. This will enable you to purchase services on the site.
The tokens of the company will also be the form in which the users of this site will be paid for their content. When their content is rewarded, they will be paid with UGC tokens instead of fiat currency.
This action enables the company to pay more for the content and to actually integrate the success of the company in the payments, as a stronger cryptocurrency will mean that the users will get more money with the content they produce or curate.
Is this the right company for you to invest? Maybe. You will have to take some factors into consideration before you can decide about this. To be able to really acquire some profit with these tokens, it is best if you really have some interest in this company before you can really buy them.
The company does seem to have a solid business plan, but one important factor that cannot be ignored is that the tokens will be a better asset for the users of the company above all other kinds of investors.
Another way to profit with Yoyow is to use them to pay for advertising in the platform. You can obtain the tokens cheaper now and then you will be able to advertise later.
If you want to invest on this company, just go for it, there are no reasons not to invest in Yoyow if you are interested in this company.