What you must know to hold YOHO, why YOHO has high value?
1、The significance of Token
The significance of Token is irreplaceable for the crypto industry, its role is like the circulating blood in the human body, providing a constant power for human actions to survive, the higher the liquidity of Token, the more vigorous the project will be, while the opposite is easy to fall into the death cycle of poor liquidity - low user participation - even worse liquidity.
Bitcoin's greatness lies in creating a new financial concept free from centralization, while Ether makes the dream come true, making Tokens a practical use case in the financial ecology.
For users, Token represents the equity of the project, and owning Token means you can share the economic benefits brought by the development of the project; at the same time, it also gives users the power of ecological governance, enabling them to vote for the future direction of the project according to their own needs.
This is the charm of Token and the beginning of the awakening of individual rights in the crypto era, but in the uneven crypto market, there are so many kinds of Tokens that it is overwhelming to see how to identify a high quality Token with potential.
2、How to identify the value of a Token
So as an ordinary investor, with limited knowledge and lack of financial information, how to determine the merits of a Token?
The first and most intuitive information channel is the official public white paper, where we can obtain the economic model and technical characteristics of the Token. The economic model allows us to understand the distribution mechanism of the token, so that we can predict the circulation and market value of the market. If the circulation is high and the market value is small, the value of the Token is low.
In addition, the technical characteristics of the Token can be considered, including its security, scalability, reliability and tradability. If the technical aspects show excellent performance, then the value of the Token is high.
In addition, you can also consider the development prospect of the project to which the Token belongs, including its market demand, competitive environment, business model and team background. If the project's outlook is good, the Token's value is high.
3、The value of YOHO
Now that we have a clear idea of how to understand the value of a Token, we will use this simple logic to analyze the actual value of YOHO, which will help us see the value of YOHO in our hands more intuitively.
First of all, from the economic model, the total amount of YOHO issued is 10 trillion pieces, of which 26% will be used for mining rewards, 15% for community building, 8% for marketing, 1% for team rewards, and the last 50% will all be destroyed by hitting the black hole.
From this economic model we can see that the project owner is not trying to make money for itself by issuing Tokens, after all, no project owner would spend huge amounts of money to pull the disk with only 1% of the tokens set aside. This, combined with YOHO's MeMe feature, shows that YOHO is more interested in creating an ecology of value that is widely spread around the world, rather than just being an empty pavilion with an inflated valuation.
Also worth mentioning is YOHO's 50% destruction ratio. Remember what we said earlier about the larger the market circulation, the lower the market value? For this, most projects are destroyed to avoid market inflation, but basically limited to 10% or even less than 5%. It is rare to see a project that destroys 50% of its tokens directly, as YOHO does, because this means that the tokens in the hands of users will gain significant appreciation after the destruction is completed. This is a huge pressure on the project's operations, but of course YOHO still chose to do it.
In addition, from a technical perspective, YOHO is a blockchain technology built on the powerful AITD public chain and combined with decentralized computing, decentralized storage, and ZK zero-knowledge proof, dedicated to building a completely decentralized social new ecology, focusing on providing users with an open and transparent new network of relationships to communicate, create, share, and spread.
The AITD public chain serves thousands of users as the underlying infrastructure. Decentralized computing enables users to completely control data autonomy, and distributed storage not only greatly reduces user data storage costs, but also effectively prevents user data from being tampered with and deleted, protecting data nativity while avoiding widespread data loss. And ZK zero-knowledge proof assists users to realize the controllability of information and protect users' data privacy.
These are the most urgent areas of narrative breakthrough in the current and even future crypto market, and they are also the areas that YOHO strives to breakthrough and achieve for.
4、YOHO's Future Prospects
The ecological value of YOHO does not only depend on its own excellence, but a larger part comes from the consensus groups around the world that are working together to maintain its growth. From a small social experiment, YOHO has grown to more than a million consensus users, thanks to its open, free, and inclusive philosophy, and the support of countless users.
Meanwhile, YOHO, as a global decentralized autonomous organization with Turkey as its operation center and separate marketing agencies around the world, is actively exploring new narratives that are constantly emerging in the crypto world. It has also combined its strengths to successively launch decentralized use cases such as social eco-platform, cross-chain bridge and GameFi to complete the ecological map of YOHO.
As a result, we can see a social-based platform that combines MeMe+GameFi+DeFi+
SocilFi and other core elements of YOHO are emerging as a grand blueprint. YOHO is the core element to activate this blueprint and make it the next great narrative, and to grasp YOHO is to grasp the future.