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Price (USD)
$0.00Circulating Supply
-Volume (24h)
$79.749KMarket Cap
-Low/High 24h
$0.00 - $0.00Change (24h)
$0.00Meme coins continue to be one of the major trends in crypto. After the success of Dogecoin, hundreds of meme tokens have been launched and became quite popular in the crypto industry. One of these tokens is YooShi. The YooShi project, which arrived in 2021, is a DeFi Play-to-Earn NFT-based gaming project. The Yooshi ecosystem, launched on the Binance Smart Chain, has already evolved from a meme coin to a metaverse-focused crypto with a range of features and functionalities.
With the ultimate goal of becoming a major metaverse, the YooShi ecosystem hired Chikyu Bae to be its first ever CEO of YooShi Labs. Bae's involvement has no doubt piqued interest in the platform and strengthened market confidence in the future of the ecosystem. Inspired by ‘Yoshi,’ a dinosaur from the Super Mario video game franchise, a classic character, the crypto project has gained significant traction in the market throughout the tail end of 2021.
The crypto project is not only about a fun meme token. The YooShi ecosystem has or is in the process of developing a variety of what the founders claim will be exciting platforms to cater to gamers, investors, crypto fans, and developers. These features mean that YooShi (YOOSHI) can claim much more utility than most other meme coins. For instance, the ecosystem recently launched the YooShi Game Pad. Essentially, this project supports game developers in raising funds to develop projects. They can raise funds through a range of avenues including pre-selling NTFs.
YooShi Labs is another feature of the ecosystem. It is basically a DeFI game incubator providing developers with tools and technical support to bring their vision to life. The P2E Guild Alliance helps develop and strengthen the play-to-earn gaming dimension of the ecosystem.
YooShi platform offers an NFT marketplace where developers and users alike can buy and sell NFTs. NFT holders can also leverage their NFTs for yield farming. Yield farming basically involves trying to get the biggest return possible from crypto. Leveraging out NFTs users own in return for interest is a type of yield farming. The YooShi NFT market is divided into two sectors, one is trading and the other is auction. The trading market is where NFT holders offer prices to allow other players to make purchases, while YooShi's NFT Auction Market is more interesting, with each bidder requiring a fixed 10% higher bid than the previous bidder, and even if bidders don’t win the NFT eventually, they will receive 20% of the next bidder's premium as a reward.
When it comes to NFTs themselves, YooShi Family NFT is a series of NFT launched by YooShi based on its own IP image. Currently, there are eight NFT types: Mine, Sushi Master, Army, Spaceman, WSB, Angel, Gangnam Style and Satoshi, corresponding to the basic mining power of 100, 130, 180, 350, 600, 600, 1200 and 1800 respectively.
YooShi NFT mining pool is the main place for users to stake NFT for revenue, and all the tokens in the mining pool will be distributed according to the proportion of mining power of the NFT that the user stakes. According to YooShi economic model design, 3% of each YOOSHI transaction fee will be injected into the NFT pool. With the increasing number of YOOSHI applications, the YooShi NFT mining pool will have a steady stream of revenue. Additionally, you can stake NFTs to earn some extra profit.
Except for the NFT market, the project offers a metaverse that develops 2 projects, DNAxCAT and StarMon. DNAxCAT creates a digital cat pet world where players can raise and breed varies of cute cats and fight shoulder-to-shoulder in the adventure world with their cats. DNAxCAT is also an economy in which ownership is totally decided by players, allowing players to seamlessly sell and trade their game assets into cryptocurrency. DNAxCAT leads the trend of GameFi and Play-to-Earn, allowing players to earn by playing games.
Star Monster Metaverse is a 3D Play-to-Earn game based on BSC (Binance Smart Chain). Starmon Metaverse builds a virtual world: Andres. There are many creatures with superpowers called Starmon. After entering the Andres, players can earn tokens through games and contributions to the ecosystem. Players can collect, train and trade Starmons, at the same time direct them to do adventure and battle to improve player’s own game skills and strive to become the most dazzling Starmons trainer on the Andres.
StarMon combines blockchain and virtual reality technology together and contains exquisite digital collections made by blockchain technology. Every collection is unparalleled and will provide players with an unprecedented gaming experience. In such a game world, the operation of all the property owned by players is the same as in the real world, your game assets will not be affected by anyone else and no one can steal them from you. This is an economy where players determine ownership entirely, allowing players to freely sell game assets and digital currency transactions.
YOOSHI is a token built on the basis of BSC, with a fixed total of 1 quadcraton. YooShi token is community-led and managed by volunteers, since ownership of the contract has been burned and launch was completely seeded as liquidity.
As the token of the YOOSHI decentralized metaverse, YOOSHI has many amazing functions. 100% of YooShi supply is seeded as liquidity, which means that there is no presale and no allocation to team members. The Black Hole owned over 50% of supply at launch. The Black Hole counts as one of the wallet holders that 4% of transactions are distributed to. This results in exponential growth of the black hole and exponential burn of the token supply. 3% of every transaction fees is locked as liquidity in PancakeSwap YOOSHI/BNB pool, creating an ever rising price floor. 4% of all transaction fees are distributed to holders. Holders will see a wealth accumulation in their wallets the minute they start holding. No wallet holds more than 1% of token supply and no transaction can involve more than 5 trillion tokens.
YOOSHI price is not very high at the moment. With #509 place on CoinMarketCap, it costs $0.00000008434. It’s also difficult to say how the project will develop with time, but there are some price predictions for this cryptocurrency. PricePrediction promises the coin some growth: according to their estimations, YOOSHI token will reach a maximum of $0.00000370 by 2032. DigitalCoinPrice promises YOOSHI coin a price level of $0.00000163 by the same year.
YooShi is one of the few meme coins that has real utility. The ecosystem has vast ambitions to become a fully realized metaverse. It was mentioned as one of the most trustworthy meme projects on Twitter. In general, the performance of the token is not going to be just about hype but also about the value of the underlying offering.
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