SUZHOU, China, Dec. 2, 2017 /PRNewswire/ -- YOYOW, A blockchain based content rewards network today released a new version of whitepaper, the whitepaper revealed the latest updates and changes to the YOYOW network. The company claims that YOYOW will become China's first public blockchain for content platforms. And now they also expand their reach to global market by leveraging its new ability of enabling third-party developers, writers and bloggers to build their own branded content platforms on the top of YOYOW network.
"We will provide SDKs and detailed development documents for third-party developers to help them build their own customized content platforms, like blockchain version of Quora, twitter or facebook, different types of content platforms can be built on the top of YOYOW network, for independent bloggers or writers, we will provide plug-ins to enable them to create their own branded platforms," stated QiangLiu, the founder of YOYOW. "All these platforms use the same system token - YOYO token to reward content creators, curators, and consumers and the same user account system on the same blockchain, YOYOW will become the underlaying content rewards network for content platforms."
In the past few months, the team has completed the YOYOW blockchain, command line wallet, desktop version of wallet, web wallet, a blockchain explorer and a beta version of WordPress plugin had been released for evaluation. The YOYOW blockchain is up and running without any issues for nearly 3 months.
Beside of releasing the new version of whitepaper, the ERC20 version of YOYO token has also been listed on Bitfinex - the world's largest bitcoin exchange. The token is now trading under the trading pair of BTC/YYW, USD/YYW and ETH/YYW.
In the coming months, The team will release the SDK, development documents, demo sites and plug-ins. for more info follow us on twitter or our official website.
YOYOW, named from "You Own Your Own Words", is a blockchain-based network aiming to quantify contribution and give rewards of participants in the content producing sector with decentralized consensus methods so that content producers, content investors, curators, and consumers of the content ecosystem can be provided with incentives and returns as appropriate.
YOYOW is designed for establishing a rational content-generated income distribution mechanism and a value network based on users' ratings on content. Any content platforms (including but not limited to websites and APPs), regardless of their themes presented in the format of text, video, image, audio or live broadcast, etc., are eligible to create the corresponding content-oriented incentive platforms based on the YOYOW network. Content producers, content investors, curators and builders of the content ecosystem will be rewarded according to the YOYOW eco-environment and users' ratings of content.
The YOYO token is now trading on Bitfinex, Binance and Bitshares DEX.