YooShi (a community-driven, equitably initiated, meme coin on Binance Smart Chain) is a GameFi element with NFTs that connects to the viral aspect and meme coin. It aims to become the world’s most popular blockchain gaming NFT metaverse. YooShi was inspired largely by the success stories of Shiba Inu and SHIB. YooShi began as a simple meme coin. But, the community added real utility by making the token a blockchain gaming launchpad. YooShi allows developers to release their games and make them available to the large YOOSHI-holder community. YooShi was inspired by the Yoshi dinosaur in Super Mario.
YooShi’s ecosystem includes several play-to earn games from a variety of developers. There is also an NFT marketplace where players can place bids for various NFTs that can be later used for DeFi purposes, such as yield farming. YooShi, which is a deflationary cryptocurrency, will slowly consume 10% of all available supply.
Who were the founders of YooShi
YooShi is an anonymous community-driven project similar to Shiba Inu. Although many of these projects are susceptible to rug-pulls (as is the case with others), examples such as Shiba Inu prove that even meme coins can become highly successful projects if they are supported and encouraged by a strong community.
What makes YooShi special?
The YooShi gamepad, an NFT-based gaming ID platform that allows gaming developers raise funds by preselling their unique in-game assets as NFTs, is the main feature of the YooShi ecosystem. Users who have more than 1 billion YOOSHI can be eligible to participate in a “blind sale” of listed projects if the user completes relevant tasks through YooShi’s social channels. Entrants are selected on a first-come-first-served basis.
Developers have new funding options with the YooShi Gaming Pad. Users can also benefit from participation in new projects, and possible airdrops. You can also trade NFTs on the YooShi NFT market. Trade fees are 3%. The 1.5% burned, 0.3% going towards game developers, and 1.2% going into the YooShi mining pools are all lost. YooShi also assists game developers in building their own NFT marketplaces, for a small trading fee.
StarMon and DNAxCAT are two of the many games that have been successfully incubated so far. DNAxCAT allows players to create a virtual cat world in which they can breed cute cats, and also trade their game assets. StarMon is an acronym for Star Monster Metaverse. This 3D play-to earn game allows you to build a virtual world, collect and trade virtual monsters and create your own.
How Many YooShi(YOOSHI ) Coins Are In Circulation?
YOOSHI currently has a total supply 1 quadrillion tokens. 50% of tokens were consumed at launch. The remaining 40% were launched fairly while the remaining 10% would be gradually burnt over time. YooShi’s deflationary tax mechanism means that each transaction is subject to a 10% tax. 4% of transactions are redistributed among existing holders, 3% goes into NFT farming, 3% goes towards PancakeSwap’s BNB-YOOSHI liquidity exchange, and 3% goes directly to PancakeSwap. The 10% to be gradually burned has already been used up to 8%.
How secure is the YooShi Network?
YOOSHI can be purchased on the Binance Smart chain as a BEP-20 token.
BSC is protected by the proof of stake consensus mechanism. 21 validators can be elected every 24 hours to verify transactions and protect the blockchain. These validators need to stake a minimum amount of BNB Coins with Binance in order to be eligible.
YooShi Tokens (YOOSHI), where can I buy them?
YooShi Token is a freely-tradable crypto token. It has the highest volume on the leading Cryptocurrency Exchange BitYard.com.
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